IP Exchange aims to meet the growing demand among individuals and businesses for IP addresses by creating a decentralized exchange for the trading of IPs. The platform will also issue its own token, IPSX, that will be used as a form of payment for transactions and that can be converted to other tokens and cryptocurrencies, as well as fiat currencies.
The IP Exchange platform will allow users to install software into their devices to enable them to share their IPs. The devices capable of sharing IPs include mobile devices, tablets, laptops, and desktops. Users will be able to share or rent IPs in a matter of seconds once they are connected to the platform. The IP Exchange will thus function as a peer-to-peer (P2P) exchange giving users a plethora of options, such as the geographical location of IPs and length of time they can be used, from seconds to a month. By allowing users to earn IPSX tokens for renting IPs, the platform will grow in users, thus giving consumers more options and better prices.
The sharing of IPs will have positive effects for individuals and businesses. Individuals who live under totalitarian or oppressive regimes that punish the viewing or dissemination of unpopular views will be able to freely access the websites they wish without detection or by bypassing filters. Businesses will be able to reach customers more effectively by having access to additional IPs at a reasonable cost. The decentralized P2P exchange employing the blockchain and “smart contracts” — contracts that automatically execute when the criteria set by two parties are met — will also drive down costs for individuals and businesses by eliminating intermediaries such as brokers.
The IP Exchange platform will use a third-party virtual private network (VPN) application to give anonymity to users. VPNs are essentially tunnels that prevent ISPs and other entities from knowing which websites the user is visiting. Those who rent out IPs will be protected from the use of their IPs for illegal activities as they will be able to easily prove they rented out their IPs when those activities occurred.
The IP Exchange crowdsale offering IPSX tokens to the public begins February 28, 2018. Of the maximum 1,800,000,000 IPSX that will be minted, 900,000,000 will be offered for sale to the public. The remainder of the tokens will be used to incentivize early adopters and strategic partners, and will be used by the team for marketing and development. The team is currently in the process of opening its headquarters in Zug, Switzerland. Investors interested in gaining exposure to this unique project that will expand the possibilities of the internet may want to consider participating in this highly-anticipated crowdsale.
*I am receiving IPSX for the growth of the community.
To learn more about IPSX: