EXIP, founded in 2017, is a blockchain and crypto-focused startup headquartered in the United States. Operating under the slogan "A Decentralized Internet Governed by Community," the company aims to decentralize the internet by challenging the monopolistic control of domain names and top-level domains.
EXIP offers a Blockchain DNS solution utilizing agnostic NFTs to uniquely identify domains and top-level domains, granting full control to owners for provisioning new domain names and subdomains. This innovation is supported by the EXIP token, a governance token minted on the Binance Smart Chain. A total of 2.1 million tokens will be used for transactions such as buying, selling, and auctioning domains.
The project is backed by notable talents, including Shashi and Sharmilan, and is developed by international teams skilled in blockchain, cybersecurity, and fintech. Recent investment highlights include a $30 million commitment from Faster Capital and a previous ICO backed by Kommunitas.net in December 2021.