Mobiglotech Blockchain Corp seeks investment for EXIP Project

To become a billion dollar company by 2025

The EXIP project, Mobiglotech Blockchain Corp’s flagship initiative in partnership with Dev Ceylon Holdings and Niftron, is looking for a US$ one million investment to become a billion dollar company by 2025.

The EXIP project, themed as ‘By Community for Community’, is expected to create independence on the internet and ensure it remains neutral of any political affiliations.

‘’EXIP ecosystem is custom built to the needs of any individual, private or government institution where they can have the ownership of their domain or TLD other than rent it from present service providers. In future, depending on the way the world is moving with blockchains and decentralizations, all aspects of the project will be decentralized and the community will control it without any monopoly”, says Shashi Meghawarna, the founder and CEO of Mobiglotech, the world’s first decentralized domain and TLD name service.

“We will build this project in such a way that all users have equal rights to access and anyone will be able to create domains and top-level domains whose ownership will be identified through Non fungible tokens’’, he added.

The internet transformed the way we carry out transactions, communicate, share information, promote business, entertain, study and so forth. Nevertheless, the internet was never properly designed for such a global role, he noted.

On the other hand, some organizations have the power to seize, revoke, dismiss, and permanently erase any domain from existence. Once the EXIP project is completed, the community would be able to decide all the major actions in the system based on their voting such as removing or banning a domain or a user, he further said.

EXIP is specially designed to decentralize the internet and overcome the monopolistic control over domains and TLDs. While providing the connectivity of an internet, it assures full security similar to an intranet.