Place/Date: Hergiswil, Switzerland - March 14th, 2018 at 5:54 am UTC · 4 min read
Contact: IPSX, Source: iPSX
The IPSX Token Generation Event started on February 28 and ended on March 5, successfully reaching its objective. During the event, the whitelisted participants were able to buy IPSX Tokens, with the starting price of 0.0000141 ETH. Almost 50% of IPSX Tokens were sold for 9,500 ETH, approximately 8 million USD. The result establishes a promising trajectory of the project. Moreover, the company recently announced the launch of a demo version of the platform (MVP) for sharing IP addresses.
IPSX, the first fully-decentralized IP Sharing platform, was founded on blockchain capabilities and its goal is to meet the high market need for IP addresses for both users and organizations.
IPSX will primarily create a secure IP address sharing marketplace, fully transparent and decentralized, an ecosystem that will allow entrepreneurs and developers to use IPSX embedded tools (SDKs and APIs) in order to develop custom applications that require a large number of IP Addresses. As a result of these functionalities, IPSX will play a major role in the next phase of the web.
From the B2B point of view, IPSX addresses mainly Data Centers, VPN providers and businesses that rely on extensive Data Acquisition.
As it combines flexible and easy to integrate tools, SDKs and APIs. Due to its privacy and high level security, IPSX allows VPNs and Data Centers exchange IPs.
Currently, VPN providers encounter some problems, such as:
limited number of IP Addresses, uneven geo distribution of IP Addresses, which may result in IP crowding, lack of IP time usage options (most VPNs don’t provide the option to pay for as much as an IP is being used); clients are unable to provide feedback for the IP address;
All of these result in poor quality service. IPSX was designed to solve these problems. Here is how:
IPSX will offer VPN Providers Scalability
IPSX platform will enable VPNs to provide customers with the highest quality services and to meet the high demand for IP address usage from various locations across the globe.
IPSX platform gives users the option to pay for the IP usage time.
Therefore, if a user needs a remote IP for 10 minutes, he will not have to pay for an entire subscription, but only for the 10 minutes of using the IP. This pretty much fixes the lack of IP availability that both users and VPN providers encounter.
All transactions that will take place on IPSX platform are permanently registered in the blockchain, thus offering full transparency and high levels of security.
This will help keep a constantly updated register of all users, IPs and the purpose of their use. IPSX will partner with VPN vendors around the world to help them reach as many customers as possible.
IPSX platform will be a marketplace that sets at the same table IP Address providers and VPN providers and will establish the contractual agreement between the two parties.
Also, having an internal economy and being an ecosystem, IPSX will enable Data Centers to share a full range of unused IPs in order to win real-time FIAT exchangeable IPSX tokens in a safe way.
As far as Data Acquisition is concerned, there are thousand of companies that rely on Data Mining on Big Data. The core activity of those companies is Data Acquisition and part of the process is being done via Web Scraping.
Large volumes of IP addresses are needed by the actors involved in the mining process, in order to be able to scrape the data from different sources.
IPSX addresses this specific need of the Data Mining industry and offers businesses the ability to rent large volumes of IP Addresses and plenty of usage options, such as:
The successful token sale enables IPSX team to develop and perfect the platform as an important part of the next phase of the web, as a distributed network layer. Join us on Telegram!
Disclaimer IPSX is the source of this content. Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. This press release is for informational purposes only. The information does not constitute investment advice or an offer to invest