EXIP Token
EXIP Token Contribution Event
Abstract
The internet we know today is not as free and open as it seems. Ever since the creation of domain names and top-level domains, two organisations are responsible for most of their control, IANA (Internet Assigned Numbers Authority) and ICANN (The Internet Corporation for Assigned Names and Numbers). These two organisations have the power to seize, revoke, dismiss, and permanently erase any domain or top-level domain from existence. Though these two organisations fall under a non-profit umbrella, they behave recklessly and provide unlawful assistance to governments. Domain names & top-level domains are considered as a part of critical infrastructure since it helps a country’s internet to function seamlessly. Countries have poured billions of dollars in upgrading their military and other infrastructure to be “smart”. What the EXIP project aims to do is provide independence from IANA and ICANN on the internet. Countries and their respective governments, Corporates & individuals should own their domain names. Not non-profit corporations, which aids the governments & top tech giants when needed.
EXIP is designed to decentralise the internet and overcome monopolistic control over domain names and Top-level domains. A Blockchain DNS solution where an agnostic NFTs prefered by you identifies your domain & Top-Level Domain. EXIP DNS is blockchain-based, and the owner of the respective domain & top-level domain has complete control of its usage, even the provisioning of new domain names cum subdomains.
EXIP ecosystem is custom-built to the needs of any individual, private or government institution. EXIP token is an agnostic usage & governance token releasing initially based on the Binance chain. EXIP tokens will be used to buy, sell, and auction domains & top-level domains, while token holders will get staked when domains & TLDs are purchased & auctioned.
EXIP browser & Extension will enable users to access blockchain-based DNS technologies where everything progresses with a zero-knowledge policy. No one will own the internet but the community. Giving the security of an intranet meanwhile and providing the connectivity of the internet. Only then we can build a genuinely free and open internet.
What is the internet?
The Internet is a global network of interconnected intelligent hardware and software systems that enables digitized time and space storage, retrieval, dissemination, and information and communication processing. From a sociological perspective, the Internet, as depicted in some popular accounts, is not associated with a global information system. The constituent Web systems are protected by a sociological account of the Internet and are viewed as social phenomena. It also includes information and other material that people, organisations, and smart devices use the Internet to create, distribute, and receive. Finally, a sociological account involves the socially and historically organised structures and processes in which information and communication development, transmission, and reception are embedded.
Administration
The ultimate responsibility for controlling upper-level Internet Protocol addresses or domain names lies with the Internet Assigned Numbers Authority (IANA), which assigns the direct administration of most functions to other bodies.
At the global, regional level, the primary entities that provide allocation and registration services that support the international operations of the Internet are:
● RIPE NCC (Réseaux IP Européens Network Coordination Centre)
● ARIN (American Registry for Internet Numbers)
● APNIC (Asia Pacific Network Information Centre)
● LACNIC (Latin American and Caribbean IP address Regional Registry)
● AfriNIC (African Regional Registry for Internet Number Resources)
Internet Operations
Through the Internet Engineering Planning Group (IEPG), Internet operations are organised globally, an Internet operating group that aims to help Internet service providers communicate within the Global Internet. Organisations engaged in managing activities at the global, regional level include:
● American Registry for Internet Numbers
● Manages North America, a portion of the Caribbean and sub-equatorial Africa’s Internet numbering resources.
● Asia Pacific Networking Group (APOPs)
● Promotes the Internet and network interconnectivity cooperation in the field of Asia Pacific.
Internet Security
Several Computer Emergency Response Teams (CERTs) in eight countries and several service provider operations and private networks significantly improve the safety of the Internet network. They are developed to track the network for security incidents on an ongoing basis, act as a database of data on such incidents and establish sensitive advisories.
The Forum of Incident Response and Security Teams coordinates the CERTs.
TLD Pricing Structure
Starting price of TLD is 1$
Every 250 TLD 1 USD will increase until 25000 TLDs
After 25000 TLDs maximum price of 1 TLD will be 100 USD
Users should pay only a lifetime of one payment for the TLD.
If the TLD owner allowed to create Domains under the TLD, and whenever someone makes a Domain
21% of the purchase price will be staked for EXIP token owners,
10% will go to TLD owner,
40% will go to the EXIP ecosystem
19% for node runners
When a user auctioned a Domain
70% to the domain owner
20% to the TLD owner
5% stake to the EXIP token holders
5% to the EXIP ecosystem
When a user auctioned a TLD
80% to the TLD owner
10% stake to the EXIP token holders
10% to the EXIP ecosystem
The nodes that run by the community will act as a decentralised ledger with the set of domain names to be resolved.
When users hosting domains
21% will stake to token holders
30% will stake to the nodes
39% will be for the EXIP ecosystem
10% will stake for TLD owner
What EXIP aims to provide as security features are of the following:
● DNS Spoofing
● DNS Hijacking
● DNS Flood
● Domain Hijacking
● Censorship resistance etc.
Tokenomics
Total tokens: 50,000,000
Token Ticker: EXIP
Initial Token offering : 1,500,000 @ 0.5$
IDO and IEO Sales Offering
Initial Dex Offering : 1,500,000 @ 0.5$
Initial exchange offering 1 : 25,000,000 @0.65$
Initial exchange offering 2 : 12,500,000 @0.75$
Initial exchange offering 3 : 7,500,000 @0.85$
All unsold tokens will be burned at the end of IEO.
EXIP Road Map
Initial Concept & Initiated R&D January 2020
White paper March 2021
Promotional Token Offering May 2021
Domain & TLD reservation system June 2021
EXIP Browser (Extension) June 2021
ITO/IEO June 2021
DNS server Version 1 July 2021
IDO August 2021
Static Website Hosting October 2021
Exchange Offering Stage 2 & 3 October 2021
DNS server V2 June 2022
EXIP Browser July 2022
Dynamic website Hosting September 2022
Token Offering / Exchange Offering Stage 4 & 5 October 2022
DNS Server V3 June 2023
EXIP Browser V3 June 2023
Website Hosting V3 September 2023
TEAM
Shashi
Founder & CEO
Sahan
Project Liaison
Shermilan
Chief Blockchain Officer
Nisal
Head of Financial
Aven
Head of R & D
Jaje
Blockchain Officer
Tharaka
CISO
Gayan
Head of HR & Administration
Conclusion:
The social network is very fresh, on the administration telegram says that information about the token will appear in the near future, the site itself is very rough Yes, you can also find information about this on their website, where the team says it is currently looking for an investment of $ 1 million … Of course, they are working on and working on projects, but it is too early to draw more specific conclusions. I think this company deserves some extra attention and on the tab for further observation and action.
For more About the EXIP project, you can visit the link below:
Website: https://www.exip.live/
Whitepaper: https://bit.ly/3bf8D56
Telegram: https://t.me/exipofficial
Twitter: https://twitter.com/ExipOfficial
Facebook: https://www.facebook.com/exipproject
Medium: https://medium.com/@exip
Linkedin: https://www.linkedin.com/company/exiptoken
AUTHOR
Bitcointalk username: Aymen Barkok
Bitcointalk Profile: https://bitcointalk.org/index.php?action=profile;u=3193538
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