Have you known a best marketplace for web IP sharing? This is about it. The advent of Blockchain technology has led to the emergence of transparent, decentralized marketplaces for different products and services. 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.
Three Main Operational Layers for IPSX
Blockchain/Ethereum layer
Consisting of Centralizer Smart Contracts that will manage wallets, profiles, and token balances. The team is also exploring the possibilities of integrating the micro Raiden protocol for micropayments in this layer
Front End/Application layer
The user interface by means of the IPSX Java App enabling communication with the Centralizer Smart Contract and the VPN Applications.
VPN connection/Service layer
Referring to Third-party VPN applications used to instantiate VPN connections between the actors.
In the above, *Centralizer Smart Contract* will consist of WALLET (ID) that manages the IPSX token balance of the users and other records. JAVA application consists of the order book, deal book, and matching will essentially perform the functions of an exchange. IPSX plans to develop SDKs and APIs enabling entrepreneurs & developers to build new applications on top of the existing IPs on the platform.
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.
IP exchange is a telecommunication interconnection model for IP-based traffic exchange between separate mobile and fixed operator subscribers as well as other types of the service providers such as ISPs, via IP-based Networks to the Network Interface. IPX is developed by the GSM Association. IPX is not intended to replace or compete with the Internet but offers alternative options for service providers. The intent of IPX is to provide IP-based interoperability services between all types of providers within a commercial framework that enable all parties in the value chain to receive commercial returns. Commercial relationships are sustained by service level agreements that ensure performance, quality and safety. IPSX is a completely decentralized IP Sharing Marketplace, which will create a global market for IP. Combined with flexible tools (SDK and API), to help entrepreneurs and developers in a secure and transparent environment to develop new applications on top of existing IPs on the IPSX sharing platform. This will be the framework and market for new applications that require IP in their backbone VPN providers, Data Mining software, web trap bots, micro tasks, etc.
Official Links for More Details
Official Web : https://ip.sx/
ANN Thread : https://bitcointalk.org/index.php?topic=2897132.0
Facebook : https://www.facebook.com/IPExchange/
Telegram : https://t.me/IPExchange
Twitter:https://twitter.com/ipexchange1
My bitcointalk,
Name : rathnayake
Bitcointalk link : https://bitcointalk.org/index.php?action=profile;u=1503176
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