The internet revolution is mostly compared to the industrial revolution. The new frontier opened up access to resources and technology never thought possible before. With the internet, there came an ease of access to data. Bypassing local authorities, it allowed users to connect to websites and services that are deemed illegal in some countries, or are restricted to various regulations and laws.(https://ip.sx/)
IPSX is such a decentralized marketplace, that will leverage blockchain technology and a native token to enable the seamless exchange of IPs. There are several applications that require a large number of IP addresses. An example is Data Mining, which is employed by large corporations for cost reduction, key decision making etc. A critical component of this process is Data Acquisition often managed by Web Scraping. This, in turn, requires a large number of IP addresses to scrape the data from different sources. Given such use cases and the lack of high liquid marketplaces for IP presents a unique market opportunity for an exchange like IPSX. IPSX is a decentralized marketplace that connects the different stakeholders namely, data center owners and individual users. Data center owners and individual users can assume the role of providers and rent IPs to other users, who assume the role of requesters. This will be further bolstered by an Ethereum-based transparent payment system, enabling direct payments between the providers and requesters. The result is a highly liquid marketplace for IPs.
Data is said to be the new resource of our times. At the backbone of Data Mining, large volumes of IPs are required for the actors involved in the mining process to be able to perform tasks. By substantially lowering the price of IPs and solving the IPs accessibility and availability problems, IPSX is aiming to become a key building ecosystem for all the fields that require larger or smaller volumes of IPs and allowing complex applications from Data Mining and other fields to become more accessible to everyone.
IPSX connects actors in a peer-to-peer network, enabling both data center owners and individual users, that will be called “providers” to rent IPs to other users, that will be called “requesters”. The IPs can be used to complete different tasks requiring one or more IPs from different locations. Today, IP addresses are valuable assets with a low liquidity level due to the fact that there is not a simple solution to share/rent IPs based on a specific list of filters and IP resources are supplied by centralized providers which are constrained by closed networks, proprietary payment systems, and many other restrictions.
IPSX core built-in feature set is a dedicated Ethereum-based transaction system, which enables direct payments between requesters and providers, solving all the above mentioned problems, increasing the liquidity of the IPs and allowing any actor that has an IP on his internet connected device, to take part into a multi-billion yearly business, that otherwise would be closed to home internet users.
IPSX function, as the backbone of a distributed market place for IPs, can be considered an Infrastructure-as-a-Service (IaaS), and also a Platform-as-a-Service (PaaS). However, IPSX will reveal its true potential by adding dedicated software integrations to the ecosystem that will be built on top of the existing IPs and that can use the IPs on the IPSX platform. Any interested party is free to create and deploy software to the IPSX marketplace by using the SDKs and APIs that will be provided by the IPSX ecosystem.
The use of BlockChain Technology advantages:
integrate cross platform clients
create a marketplace where the request will meet the offer for IP services
sharing or renting IPs using custom filters time frame or price or GeoLocation or protocol
manage micropayments using ETH protocols and smart contracts
record all “transactions” (IP shares owner/ client) in the blockchain.
The use cases will largely benefit the likes of:
VPN providers
Data Mining software
Web crawling bots
IPSX Token / TEAM & TGE Info
IPSX is a utility token based on the ERC20 standard used as a unit of exchange between the providers and requesters in the IPSX ecosystem. Further, IPSX will be also be used to power commission payments to the platform. The IPSX project is owned and managed by Geralka Project AG based in Switzerland. Key people include CEO — George Bunea & Concept Architect -Sergiu Draganus. Token details are given below:
Supply: 1 800 000 000 IPSX
Hard cap -10 800 ETH
Raised in Presale — 6 500 ETH
Pricing: 1 ETH = 70 588.23529 IPSX
TGE Date (Expected) — 28th Feb 2018
IPSX is a smart contract based, blockchain protocols and utility token incentivized mechanism of sharing IPs among actors from all over the world and a framework to build applications that require IPs built in a reliable and transparent environment. IPSX platform recently finished its private investment session and raised 6 500 ETH and is going to launch into its public Token Generation Event phase shortly. The Swiss — registered company is excited and, at the same time, grateful for the high interest received during their private investment phase, with more than 30 000 ETH in expressed demand. However, since the TGE’s hard cap is set to 10 800 ETH, only 6 500 ETH were allocated in the private investment round and 4 300 ETH to be made available for the public in the upcoming TGE. The TGE event is set to start on February 28th 2018 and end on March 5th 2018, or when the supply of IPSX tokens is exhausted, with IPSX token being worth 0,0000141 ETH. The unsold tokens will be burned. In order to be eligible to participate in the TGE, any interested contributors are required to comply with the following:
Join the IPSX telegram channel:
Wait for the whitelist registration to be announced and opened
Register on the whitelist and pass the KYC/AML verification
Wait for KYC approval
Take note that the contribution address will be published on the IPSX website, IPSX blog and IPSX twitter minimum 24 hours before the TGE starts. Details will also be announced on our telegram channel. Make sure to stay safe and don’t fall victim to scams and hackers.
Moreover-IPSX
IPSX is a decentralized IP sharing exchange and framework, designed to facilitate building applications on top of existing IPs, shared by community members and data centers in a secure and transparent environment. It is a smart-contract based, blockchain-protocol utility token, and an incentivizing mechanism for sharing IPs among actors from all over the world. IPSX is the first truly decentralized IP Sharing Exchange, that will create a global IP marketplace. Combined with flexible tools (SDKs and APIs) to aid entrepreneurs and developers, in a fully secured and transparent environment, IPSX will enable the development of new applications on top of already existing IPs on the IPSX sharing platform (VPN providers, Data Mining software, web crawling bots microtasks, etc). Alongside distributed storage and processing tools, IPSX will create the distributed network layer, becoming a crucial component for the next phase of the web. The project is advised among others by Marco Houwen — one of the initiators of the privately-run but publicly supported NGO Infrachain a.s.b.l.. The Infrachain organization is supported by the Luxembourg government and has received wide praise, especially after it was adopted last year by eleven of the top players in the Luxembourg Blockchain scene.
The team behind IPSX realized that even with VPN services available, users to not have control on what data of theirs is being shared. This lead to the development of IPSX, a blockchain powered, decentralized network of people who can lend or rent each other’s IP.
The decentralization means that anyone can rent your IP or you can rent any one else’s without the need of an intermediary. This not only saves money, but is more secure since there is no one there to meddle.
The process is very simple and straightforward. A user can download a small application that will connect him or her to the IPSX network. After you input your requirements, (geo location etc.) you will be provided a list of IPs that are available and any associated costs. User can simply select a desired IP and start using the internet unrestricted.
Using the same application, users can lend their IPs and earn. This service is available to all kinds of users, from mobile ones to big data centers that have massive internet speed and an array of IPs that are unutilized.
IPSX is a committed Ethereum-based exchange system that allows direct payments between requesters and providers. This direct connection between requesters and suppliers of IPS removes the fundamental constraints presented by centralized provides of IPs.
IPSX will work both as an Infrastructure-as-a-Service (IaaS), and also a Platform-as-a-Service (PaaS).
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Get IPSX token reward for sharing IPs
Both individual IP owners and data centers are instantly rewarded with IPSX token for sharing their IPs on the platform. The best part of it is that the exchange is done safely and transparently over the blockchain.
The platform gives potential IP requesters the chance to rent any IP address of their choice and utilize it with a short period or over a period of up to one month.
On the other hand, VPN providers will have the opportunity to integrate their system the company’s SDK to give its consumer base chance to select from millions of IPs all over the globe.
Join here : (https://ip.sx/)
Whitepaper (downloand here): (https://ip.sx/)
Official Twitter: (https://twitter.com/ipexchange1)
Official YouTube Channel: (https://www.youtube.com/channel/UCWdhDPJgK6n66DM7sKxm49w)
Author: https://bitcointalk.org/index.php?action=profile;u=1178847