Ipexchange
The Ipexchange stage is a Swiss change. IPSX interfaces the individuals in a dispersed framework, allowing both the server farm proprietors and individual customers, who are called "providers," to lease IP conveys to various customers will's personality called "requestors." IP conveys can be used to perform distinctive endeavors that require no less than one IP addresses from different territories. Today, IP addresses are productive assets with low liquidity. This is a direct result of the route that there is no clear response for renting IP-addresses in light of a particular once-over of channels, and IP-resources are set by brought together providers, which are compelled to close frameworks, guarantee portion structures, et cetera.
The inherent arrangement of IPSX capacities is an exchange framework in view of the Ethereum stage, permitting direct exchanges between suppliers, expanding the liquidity of IP addresses and permitting any player with an IP address on their gadget associated with the Internet to work with this stage.
The client of the stage will have the capacity to introduce the application on his or her gadget and offer the IP address of the gadget inside a few seconds on the IP Sharing Exchange stage or lease a current IP address from the IPSX stage. As a server farm, a client can utilize the full arrangement of IP addresses on the IPSX stage. The IPSX engineering will be based on three primary layers: a blockchain layer, a best level layer, and a VPN association. A definite depiction of each layer is given in the specialized documentation.
IPSX AS AN ECOSYSTEM
The IPSX plan of action and utilize cases will completely profit by every one of the benefits of the generally new mechanical advances. The market for IP Sharing would now be able to be sorted out to an altogether new framework and standards, and moving from concentrated and hard answers for lease/share IPs to a completely decentralized and completely mechanized arrangement of leasing/sharing IPs.
Right now, the IP sharing business sector is just available to a couple of huge players that comprehend it and its needs, and that likewise have the specialized answers for lease/share IPs. With the progression of the blockchain innovation, everybody can participate into a multibillion yearly business and give their help to a decentralized economy and produce income in a protected and simple condition.
IPSX UTILITY TOKEN (IPSX)
IPSX is a utility token based on the Ethereum technology, issued on ERC20 protocol and it will be used as a unit of exchange between the actors of the IPSX ecosystem.
Also, IPSX will be used for commission payments to the platform for all the details that are sealed inside the IPSX ecosystem.
The general conditions for using IPSX will be set in the terms and conditions that are currently in process of creation and review by the legal and technical departments of the IPSX team.
The supply of IPSX utility tokens will be limited to the pool of tokens created during project funding period and no other tokens will be issued on an advanced stage of the IPSX project life cycle.
IPSX utility token creation
The IPSX is a token on Ethereum platform. Its design follows widely adopted token implementation standards. This makes it easy to manage using existing solutions including Ethereum Wallet.
Maximum number of tokens created during the crowdfunding period (updated on 29th Jan 2018):
Total: 1 800 000 000 (100%);
Funding participants: 900 000 000 (50%);
Incentives for early adopters and strategic partners 495 000 000 (27.5%);
Bounty campaign 45 000 000 (2.5%);
Team and strategic partners 360 000 000 (20%).
Sending 1 ether to the IPSX smart contract will create a predefined number of IPSX tokens based on the ETH hard cap that will be set before token generation event.
No token creation, minting or mining after the funding period will be possible.
Tokens will be transferable once the funding is successfully completed (this needs to be agreed on a future state).
Any tokens that will not be distributed during the funding period will be later on distributed to the contributors proportionally to the amount contributed during the funding period.
FUNDING PERIOD
The funding period is the entire timeline used by the IPSX management team to secure funds for the development of the IPSX ecosystem.
The funding period will be composed from multiple stages as follows:
1.Initial investment – this phase has already taken place and we, the founders of the IPSX project, were the investors of this phase. We will describe on the roadmap how we used the funds from this funding stage.
2.Private investment – this phase will start on November and will be open only to private and accredited investors and also to strategic business partners.
There will be a minimum investment for this phase that will be revealed on a later stage and this phase will be conducted on private and individual sessions.
3.Private pre-sale – this phase will be opened to early community members that will be willing and able to pass a full KYC/AML process. Also, we are analyzing different partnerships with presale platforms.
USE OF FUNDS
Funds raised during the funding period will be used solely for the development and benefit of the IPSX Ecosystem.
A more detailed distribution of the funds will be released in the upcoming days, along with the new version (0.2) of the whitepaper draft, after a first round of reviews.
Roadmap
As was said earlier, the first stage of funding already took place and the team members were the first ones to fund the project.
Below is a description of the activities that took place so far and the prevision of the future milestones:
August 2017
the details of the project were discussed between the management team and advisors.
September 2017
the work on the concept started, the first draft of the ip.sx website was deployed, and
design and first developments of the website were implemented.
Also in September, the legal structure was defined, and the decision to establish a new company in Switzerland, Zug area was taken by the management of the team. All the operations will be conducted from the legal entity from Zug.
October 2017
the developing team started working on the initial concept and design documentation;
the first community manager joined the team (welcome Daniel Paraschiv)
a new office was opened in Bucharest, Romania for the technical and development departments
a new office is in course of being opened in Switzerland, Zurich.
November 2017
the funding period starts
the legal team is analyzing the possibilities and options of running a complete legal and fully compliant public crowdsale
the website will be finalized, white paper published and community engagement will start.
Q1 2018
the JAVA applications development for different platform starts.
Be a part of this tremendous project.
For more information
Website: https://ip.sx/
WhitePaper: https://ip.sx/dist/Whitepaper-IPSX-05.pdf
Facebook: https://web.facebook.com/IPExchange/
Twitter: https: / /twitter.com/ipexchange1
Telegram: https://t.me/IPExchange
Reddit: https://www.reddit.com/r/IPSX/
Ann Thread: https://bitcointalk.org/index.php?topic=2897132.0
Author TheJohnMatch
Mybitcoinprofile:https://bitcointalk.org/index.php?action=profile;u=1673694
Eth address:0x2202BcCe2EE3c8B2C34Db7E9Bb38eB7dF3D619Ed
