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 works as a decentralized exchange that allows a peer to peer sharing of IPs and a platform for creating applications, above the existing IPs that are shared by the users of the platform and data centers. IPSX is blockchain protocol which is build with smart contracts on Ethereum blockchain. The IPSX token is utility token generated to act as incentives for sharing IPs among people around the world. The platform will also serve as a framework for creating applications that need IPs built open source environment.
How Are Services Restricted ?
Internet Protocol is a method by which all nodes and computers connected on the internet are identified. This is like having an address. Let’s take an example a usual website you visit everyday. www.xyz.com is hosted on a computer that has a specific combinations of numbers that read out as an address to this site and this very page. When you entered the address of www.xyz.com on your device, it was translated into the IP address and connected you to it.
Having knowledge of your IP and the IP of your intended service, governments and firms can restrict or block access to services that they do not want to run in your area.
A Need for Cheap & Affordable Supply of IP
(https://ip.sx/)
In Addition, with the increasing need for internet use for everyday task and operation, there is a growing need for a cheap and affordable supply of Ip to carry out functions.
Currently, this market suffers from a low liquidity level because there is no straightforward way to quickly share or rent IP given that the significant providers operate in a centralized manner and this comes with issues like closed networks, proprietary payment systems, and other constraints.
IPSX To The Rescue ~!
(https://ip.sx/)
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).
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.
The IPSX Token Generation Event
To power the generation of money through renting out and paying the rent, the platform has developed its own utility token that is Ethereum based, ERC20 compliant with a hardcap of 1.8 Billion coins. The Token Generation Event is in progress as of now. The platform is an Ethereum based so it only accepts ETH, with 1 ETH getting you 70,588.23529 IPSX
Join here : (https://ip.sx/)
Official Website: (https://ip.sx/)
Whitepaper (downloand here): (https://ip.sx/)
Official Twitter: (https://twitter.com/ipexchange1)
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