boby1988 Posted June 28, 2021 Share Posted June 28, 2021 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. What is the EXIP ecosystem? EXIP ecosystem is custom built to the needs of any individual, private or government institution. In the future, based on the way the world is moving with blockchain and decentralisations, they need all aspects of the project to be decentralised, and they don’t need anyone to control the internet or monitor it in the future but the community. They will build this project where all the users will be treated with equal access power. Anyone can create Top-level domains or domains that the ownership will be identified through Non-fungible tokens. What is the real-world problem that EXIP solving? 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 now considered critical infrastructure since it helps a country's internet 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 ecosystem will enable users to access blockchain-based DNS technologies where everything progresses with a zero-knowledge policy, and no one will own the internet. Only then we can build a genuinely free and open internet. Domain names give your business instant credibility and put you in the same online marketplace as your biggest competitors. It says it means business and helps online shoppers and customers see you as an advanced company with convenient online access. How does the staking work? When a user purchased a domain ü 21% of the purchase price will be staked for EXIP token owners ü 40% will go to the EXIP ecosystem ü 19% for node runners EXIP Token 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. Token holders have the voting power to seize or revoke any domain or a TLD if the community decides it should not exist. This is a great platform for decentralizing the Internet and overcoming exclusive control of domain names and top-level domains. For more info you can simply visit at www.exip.live Link to comment Share on other sites More sharing options...
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