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nelly333
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 29
Joined: Wed Jun 24, 2020 7:23 am

Blockchain DNS solution from EXIP.

Mon May 31, 2021 8:21 am

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. I think this is a great platform for starting your crypto project with Top-Level Domain..

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.

How is EXIP going to solve the issue ?

Understanding the EXIP ecosystem.

 The Exip ecosystem contains significant components.

A blockchain DNS solution where an NFT identifies your Domain & Top level domain.
 EXIP DNS system is where ordinary users can buy, reserve, sell,auction & transfer domins & top level domains identified through NFT’s.
 A non- fungible token (NFT) is a type of cryptographic token tht represents a unique asset. NFT’s are tokenized versions of digital or rel-world assets. They function as verifiable proofs of authencity & ownership within a blockchain network. NFT’s aare not interchangeable with each other & introduce scarcity to the digital world.

In EXIP protocol, users will be able to mint their NFTs for Domins & TLDs.
 Etherum public blockchain
 Stellar open-source network
 Binance smart chain

If the community wants to mint their NFTs in any other blockchain in the future it can be achieved by community voting.
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
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.

Decentralised Hosting
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
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 www.exip.live

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