How EXIP Leverages Blockchain To Decentralize The Internet

[Lou Vincent]

It is common knowledge that the internet is not entirely free and open as it is. There are forces behind the scene controlling activities on the internet and deciding who hosts what domain and who owns TLDs. This has been the monopolistic trend since the evolution of the internet. These forces also aid the governments and other highly-placed private individuals & corporations to track or monitor the activities of internet users.

So many projects have been created to tackle this censored trend head-on, yet these forces keep thriving. These forces are not unknown. They are two organisations: the Internet Assigned Numbers Authority (IANA) and the Internet Corporation for Assigned Names and Numbers (ICANN). These organisations can dismiss or revoke any domain name or a top-level domain at will without anybody challenging them.

While many projects are designed to cap IANA and ICANN’s wings, one project that seems very promising is EXIP. EXIP aims to use an agnostic blockchain DNS solution to decentralise the internet and provide complete independence from ICANN and IANA. With EXIP, corporate bodies and private individuals can create and own their domain names & TLDs and host static websites.

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What is EXIP? Who are the team members behind EXIP? How will EXIP benefit you? Read on to find out.

What Is EXIP?

EXIP is a multi blockchain-powered project designed to free internet users from the stronghold of the Internet Assigned Numbers Authority (IANA) and the Internet Corporation for Assigned Names and Numbers (ICANN). The first such application is a Blockchain DNS Solution, where an agnostic Non-Fungible Token (NFT) identifies and protects your Domain & Top-Level Domains.

EXIP has an agnostic usage & governance token that promotes the project as you engage with it soon. The symbol of the token is "EXIP." Members of the EXIP community can use the token to trade and auction domains, and token holders get staked when domains and TLDs get purchased & auctioned. A total of 2,100,000 tokens will be issued at launch on the Binance chain.

Who Are The Team Members?

Multinational teams in Asia, the USA and Europe partnerships implement the EXIP project. The team is led by Shashi, who is the founder and the Chief Executive Officer of Mobiglotech blockchain Corp. Sharmilan, CEO of Niftron (blockchain as a service) that won the best newcomer award at SAARC startup global awards, serves in the project as the key partners.

Benefits Of The EXIP Project?

1. Freedom From Internet Control

Imagine a world where the community have absolute freedom from internet control. Right now, IANA and ICANN were recklessly controlling the internet and the TLDs. When EXIP launches, the internet will become decentralised. These two organisations would no longer have the power to decide what happens on the internet since users will have complete control over their domains and TLDs.

2. Stakes & Rewards To The Community

All participants (token holders, nodes) in the EXIP project would be heavily staked & rewarded. Being a community-focused project, community members will enjoy compensations, robust security and internet connectivity as long as they remain in the community.

3. Opportunity To Access Blockchain-based DNS technologies

EXIP will allow accessing blockchain-based DNS technologies. If you create a domain through DNS, you will access the domain via a dedicated browser or a decentralised DNS server.

4. Ability To Host Static Websites

Once EXIP launches, earlier birds will have the opportunity to host decentralised static websites, as long as they have at least one active domain. The team at EXIP leverages IPFS to achieve this milestone.

When Is the Project Launching?

Barring any unforeseen circumstances, EXIP is scheduled to launch on June 11, 2021. Once the project launches, participants of the community will have absolute control of the internet. They will use the EXIP token to purchase domains and TLDs and control them and earn passive income through staking.

Interested in the EXIP project? Then visit https://exip.live/ for more information.