In an attempt to lower the cost at which IP sharing services work for actors participating in the data mining process and for other participants who take part in the ecosystem of IP sharing, Data mining software and bots, IPSX (website : https://ip.sx/) is making use of decentralization using blockchain technology where it is providing dynamic management of price for sharing IPs based on demand and supply at any given point of time.
It is making an attempt to create an internal economy whereby users will be able to share the IP addresses from their system with data centers and get paid on the basis of demand available in the market. To ease the payment process and conversion, the payment will be made in standard IPSX tokens which will be convertible to FIAT currencies in real time. All the connection will be recorded in the blockchain.
Also, it will be possible to bypass censorships by use of IPs from all around the world while doing it in a safe and secured way. The IPs will be available from shorter periods of as low as 5 seconds to larger periods of even months.VPN providers will have an additional advantage where they will be able to provide an opportunity to their clients to choose from a range of IPs while integrating this platform with their SDK.
You can read more about their team and other features on their announcement thread on bitcointalk, where they are also talking about dates and terms of their ICO. Here is the link : https://bitcointalk.org/index.php?topic=2897132.0
How can a home based user stand to gain from this?
You can share your IPs for usage with the platform and earn tokens in return. You can share multiple IPs by using multiple devices like your mobile phone, Desktop computer, Laptop, tablet or any other device which you already own. This is a big advantage as you can share your IP when you are not using it and stand to gain from it. Imagine that you are sleeping and not using any IPs from your broadband and mobile phone connection. Since you are asleep and do not need any IP for now, but in some part of the world a stock trader is just gearing up as the stock market is opening up and he is looking at the first trade that he wants to make - all this using your IP. The VPN connection providers charge the stock broker and they pay in FIAT currencies, you get paid in IPSX tokens which can be converted to fiat currencies real time and all this becomes possible due to a wonderful technology called blockchain. When you do it in a decentralized way it is possible to integrate supply of free IPs from all over the world and supply them to only those places which need them temporarily.
You can hear from the team directly on their telegram group to know more about this idea and concept. Join them here : https://t.me/IPExchange
What if I do something illegal and use this service, what happen to other user.
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