June 6, 2021 at 12:55 am #29071keciaParticipant
As I know, the EXIP ecosystem is custom built to meet the needs of individuals, the private sector and government agencies. I think this is a good blockchain DNS solution.
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, we need all aspects of the project to be decentralised, and we don’t need anyone to control the internet or monitor it in the future but the community.
We 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.
How the EXIP Blockchain Agnostic Token Model work?
Total tokens issued will be 2,100,000 for any given time. When a user purchase domain or a TLD, 21% of the purchase price will be staked for EXIP token owners
Initially, 2.1Mn EXIP tokens will be minted in BSC (Binance Smart chain) and listed in exchanges.
Simultaneously, Ethereum and stellar-based 2.1M EXIP tokens are also minted and locked in the pool wallet. When the EXIP cross 1.1+M(<50%) tokens in the sale, the Ethereum based EXIP Tokens will be listed in the market.
When a user wants to convert the Tokens, they can come to the EXIP pool wallet, prove their ownership, and convert the tokens and transfer to their wallets.
The rest of the tokens will be sent back to pool accounts. And each chain token price and supply will be the same at any point. Even if the community wants EXIP to create any tokens in any specific blockchain in the future can be achieved by the community voting.
Ex. If the user has 5 BSC-basedEXIP tokens and wants to convert them to stellar-based EXIP tokens, he can send BSC-based tokens to the EXIP pool wallet and convert them to stellar based EXIP tokens. Then BSC based EXIP tokens will be locked, and stellar based EXIP tokens will be sent to the user’s wallet.
The pricing structure of domains
Starting price will be 1.00 USD
After every 2500 domains, the price will increased by 1.00 USD until 25,000 domains are issued.
After 25,000 domins, the price will be fixed at 10.00 USD
When a user purchase a domain
21% of the purchase price will be staked to EXIP token owners
40% will go to the EXIP ecosystems
19% for node runners
20% for sub- agents
The owner of the respective NFT based domain has complete control of its usage. If a domain is in a dormant state , the community can vote and decide to burn the NFT and recreate it for auction.
If the community chooses to censor a domain or TLD, they can acquire over 51% of the EXIP community vote.
Users who own EXIP tokens are eligible for the voting, and each token holds one vote.
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.
EXIP Browser & Browser Extension
EXIP browser & Extension will enable users to access blockchain-based DNS technologies where everything progresses with a zero-knowledge policy. Domains created through DNS can be accessed via browser extension, dedicated browser, and the decentralised DNS server.
Users can browse decentralised EXIP domains via the browser extension. Users can add the extensions for their current browsers. Users will have to install the EXIP browser or install the EXIP browser extension to the existing browser and access decentralised domains. In Addition, there will be a bridge to support traditional domains.
Users can also host their decentralised static websites via IPFS with a few buttons clicks from the DNS reservation system once they own a domain.
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.
As I know, this is a real way to decentralize the Internet and overcome exclusive control over domain names and top-level domains.
For more info you can simply visit at http://www.exip.live
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