IPSX

Distributed network layer

[Short general description]:

IP.SX is a decentralized exchange for sharing IPs, resting on a smart contract based, incentivized mechanism of sharing among actors from all over the world, effectively creating a framework for building applications which require IPs built in a reliable and open source environment.

 

IPSX presents itself as the first decentralized IP Sharing Marketplace, which will create a global marketplace for IPs. 

 

[Main problems tackled]:

1) Combining flexible tools (SDKs and APIs) to aid entrepreneurs and developers in a fully secured and transparent environment to develop new applications on top of the already existing IPs on the IPSX sharing platform. It will become a framework and a marketplace for new applications that require IPs at their backbone (VPN providers, Data Mining software, web crawling bots, micro tasks)

 

2) Substantially lowering the price of IPs and solving the IPs accessibility and availability problems, IPSX is aiming to become a key ecosystem for all the fields that require larger or smaller volumes of IPs, allowing complex applications from Data Mining and other fields to become more accessible to everyone. 

 

3) IPSX connects actors in a peer-to-peer network, enabling both data center owners and individual users, that will be called "providers" to rent IPs to other users, that will be called "requesters". The IPs can be used to complete different tasks requiring one or more IPs from different locations. 

 

4) IPSX core built-in feature set is a dedicated Ethereum-based transaction system, which enables direct payments between requesters and providers, solving all the above mentioned problems, increasing the liquidity of the IPs and allowing any actor that has an IP on his internet connected device, to take part into a multi-billion yearly business, that otherwise would be closed to home internet users.

 

[Main contribution proposal]:

Blockchain based system fully automated, with full clearing of IPs, associated with utility tokens.

 

The use of Blockchain Technology advantages:

1) integrate cross platform clients

2) create a marketplace where the request will meet the offer for IP services 

3) sharing / renting IPs using custom filters time frame / price / GeoLocation / protocol 

4) manage micropayments using ETH protocols and smart contracts 

5) record all “transactions” (IP shares owner/ client) in the blockchain

 

 

[Innovation]:        

1) IPSX allows all the actors to participate in the internal economy of the ecosystem and provides a way of supporting the decentralized vision, shared economy and generating revenues. 

2) Better data-sharing

3) IPSX will provide the easiest way for users from all over the world to help the Internet in becoming a fully decentralized and free of the actual less fair interests of different actors, by sharing IPs in an easy and totally transparent way among worldwide users and providing the fuel of truly decentralization for the Internet.

ICO Rating Analysis
Team Evaluation
4.00 / 5.00
Product
4.00 / 5.00
Token Economics
4.00 / 5.00
Business Evaluation
4.40 / 5.00
Hype and media presence
3.00 / 5.00

Analysis

Team - Founders:
Are the founders known? Do they have relevant experience and connections?
4
  • 1. Unknown people. No serious background information available.
  • 2. Partial information available, no relevant experience.
  • 3. Background information available, no relevant experience.
  • 4. Solid, relevant background and connections available.
  • 5. Solid, well known, experienced and well connected founders.
Team - Advisors:
What level of commitment, experience and connections do the advisers bring?
4
  • 1. No reputable advisors with relevant experience.
  • 2. Few advisors with little to no relevant experience.
  • 3. Advisers with relevant experience.
  • 4. Reputable advisors with relevant experience and connections.
  • 5. High profile highly experienced, well connected and committed advisors.
Product - Technology Layer:
Is the product innovative? Does it contribute to the blockchain ecosystem?
4
  • 1. No, the product is just a clone with no contribution.
  • 2. The product is a dapp with minimal interest and little contribution to the ecosystem.
  • 3. The product is a dapp, exchange or protocol addressing a real problem or need.
  • 4. Innovative product offering a solution to a high interest problem.
  • 5. Innovative protocol tackling critical problems of highest interest.
Product - Proof of concept:
Is the proof of concept comprehensive? Does it address a real problem or need?
4
  • 1. No, incoherent concept or no need for it.
  • 2. Difficult concept to understand, hardly any need or problem to solve.
  • 3. Clear concept which addresses a real problem.
  • 4. Clear, well thought concept which addresses a real problem of high interest.
  • 5. Exceptional proof of concept addressing a critical problem.
Product - MVP:
Has the concept been tested? Is there an MVP? How far is the launch?
4
  • 1. Untested concept.
  • 2. Initial tests, no MVP.
  • 3. MVP ready, Alpha launch.
  • 4. MVP ready, Beta launch.
  • 5. Fully working initial product.
Token Economics - Token utility:
Does the token have any utility? Is it a core function to the network?
4
  • 1. No, the token has no utility.
  • 2. Token has a limited, unclear utility.
  • 3. The token has some added, but not inherent value.
  • 4. The token is embedded in the network and has inherent value.
  • 5. The token has both inherent and added value and is embedded at the core of the network.
Token Economics - Network effect:
Are strong network effects built into the system? Are incentives aligned to encourage the growth of the network?
4
  • 1. No network effects built in.
  • 2. Minimal network effects, unclear incentives.
  • 3. Network effects and incentives present.
  • 4. Solid network effects with clear incentives due to inherent utility.
  • 5. Strong network effects, aligned incentives and high utility value.
Business Evaluation - Valuation:
Is the valuation reasonable ? Sufficient but not too high for the scope of the project?
4
  • 1. No, the valuation is ludicrous, the project could do with 1/10 of the sum.
  • 2. Valuation is higher than the project would need. Likely a money grab.
  • 3. Valuation is reasonable for the scope of the project.
  • 4. Valuation is modest for the caliber of the project.
  • 5. Valuation is impressively modest relative to the high caliber of the project.
Business Evaluation - Market potential:
What is the market potential? Does the project look like it could penetrate the market and conquer the world?
4
  • 1. No clear market potential.
  • 2. Limited market potential.
  • 3. Reasonable market and growth potential.
  • 4. Solid market and growth potential.
  • 5. Exceptional market and growth potential.
Business Evaluation - Competition:
Does the project have competition? How strong does it look relative to its competition?
5
  • 1. Awful position competing with many strong players.
  • 2. Weak position facing strong competition.
  • 3. Reasonable position facing strong competition.
  • 4. Solid position facing weak competition.
  • 5. Exceptional position, facing almost no competition.
Business Evaluation - Supply sold:
Does the team distribute a reasonable amount of the tokens so as to encourage create strong incentives and network effects?
4
  • 1. Negligible supply, greedy team.
  • 2. Small supply, poor incentives.
  • 3. Modest supply, weak incentives.
  • 4. Reasonable supply, responsible team.
  • 5. Large supply, solid inventive, committed team.
Business Evaluation - Vesting:
Does the team have a sufficient stake to have aligned incentives? Do they have a vesting schedule implemented?
5
  • 1. Large stake, no vesting.
  • 2. Small stakes, no vesting.
  • 3. Modest stakes, no vesting.
  • 4. Reasonable stakes, modest vesting.
  • 5. Solid stake, healthy vesting.
Hype and media presence:
Is the project present on social media and chats? Is there interest for it?
3
  • 1. No presence, negative image.
  • 2. Modest exposure and no interest.
  • 3. Reasonable exposure and modest interest.
  • 4. Solid exposure and high interest.
  • 5. Exceptional exposure, high interest and considerable hype.
Final Score
4.04

Team

Member
George Bunea
CEO & Co-Founder
Xavier Buck
Advisor & Co-Founder
Sergiu Draganus
Concept Architect & Co-Founder
Daniel Vladescu
CTO
Renan Gomes Barreto
Data Scientist
Mihai Silviu Istrate
Marketing Manager
Lelia Gaes
Project Manager
Daniel Paraschiv
Community Manager

Advisors

Cyrill Tröndle
CEO at Swiss Crypto Exchange
Andrei Avadanei
CEO at BIT SENTINEL
Patrick Allemann
Co-Founder at Proxeus
Marco Houwen
Co-Founder at DAO Leadership
Luc Seufer
Chief Legal Officer at EuroDNS, Datacenter Luxembourg and voipGATE

Updates

Title
Published at
IPSX: Hello world!
1 year ago
IPSX: Advancement and updates
11 months ago
Merry Christmas and Happy Holidays everybody!
11 months ago
Happy New Year!
11 months ago
New Team Member
10 months ago
IPSX Announces Token Private investment results and public sale
10 months ago
Token generation event page is live
10 months ago
IPSX use cases: Data Acquisition for Big Data Analysis and scalability solution for VPN providers
9 months ago
Whitelist Registration NOW OPENED !
9 months ago
Could IPSX be a solution for some of the problems imposed by the net neutrality repeal?
9 months ago
Security audits
9 months ago
IPSX Token sale — important update
9 months ago
IPSX Token Sale — last details
9 months ago
IPSX Public Sale details
9 months ago
IPSX Token Sale — 24 h status update
9 months ago
IPSX Token Sale — final stage
9 months ago
IPSX — Token Sale has ended
9 months ago
IPSX — unsold tokens burned
9 months ago
IPSX integrated with MEW
9 months ago