Overview

The first blockchain-based, 2p2 network for delivering web content where anyone can earn income by pledging the unused uptime of their computers and smartphones.

Project stage

Prototype

Detailed description

Nexusless is a distributed, peer-to-peer content delivery network (CDN) that enables fast, secure, and efficient serving of websites, applications, streaming content and other data within the existing web infrastructure. At the heart of Nexusless is a content-addressing filesystem based on the IPFS proposed by the Protocol Labs – a hybrid peer-to-peer file exchanger and versioning system, with each piece of data having a permanent and immutable name based on its unique cryptographic signature. Mutable containers and addresses are also envisaged in order to integrate seamlessly into the existing web infrastructure such as Domain Name System (DNS).

In order to provide incentives for the users to pledge their storage and networking capacity, a market layer is added to Nexusless which allows keeping track of the network activity without a central intermediary. This is made possible by using a public blockchain with a consensus protocol based on proofs of retrievability and delivery. The necessary transaction speed and frequency is ensured by a micropayment network functioning on top of the blockchain, similar to the Lightning.

As a result, any person in possession of a consumer computing device (a laptop, a desktop or even a smartphone) is able to earn income on the Nexusless network by acting as a miniature edge node (point of presence) which delivers web content to end users. The content-addressing foundation helps prevent data tampering, while physical proximity contributes to lower network load and latency (short loading times).

Problem

  • High prices: most CDN services are both too expensive for emerging websites and require four-five-digit monthly expenditures from established ones. The prices are set arbitrarily by the service providers and are only indirectly market-based.
  • Need for (real) speed: the exact content delivery speeds may diverge significantly from the advertised figures, with no real accountability on behalf of the CDN providers.
  • Bandwidth and scalability: even the most efficient data centers need to connect to the larger web at some point; these junctions can potentially become choke points as content demand and hardware performance grow faster than the network throughput.
  • Concentration of power: as CDN providers grow in size, they can afford to deploy more and more points or presence, thus gaining a competitive edge to repeat this cycle.
  • Resource consumption: while its rate of growth has fallen in the past years owing to data center infrastructure and server efficiency improvements, continuing increases in electricity demands from the world’s server farms are still expected.
  • Limits to locality: despite the growth in the number of points of presence available for the largest CDN market players, there are economical limitations to how local the data centers can become.

Solution

The concept of Nexusless implies that any user can also become a server by installing a dedicated piece of software that enables it to store cached pages from the origin server (or other network nodes) and deliver them to end users, who themselves may or may not be Nexusless nodes serving content to yet other users. Edge nodes compete for content delivery, aligning the motivations of the network participants with the expectations of both clients and end users.

Features

  • Extreme proximity to end users: the number of nodes will tend to naturally be higher in places with higher populations of device users, meaning that regions with more demand for web content will also tend to get more capacity.
  • Further load reductions from potential network choke points as most of the interchange will be done between the peers themselves.
  • Higher service availability through balanced redundancies across arbitrarily many local devices. While the robustness of a single node is considerably lower than that of a traditional CDN’s specialized edge server, the dramatic increase in the number of participating nodes has the potential to more than offset lower individual uptime.
  • Lower storage/retrieval costs as the network makes use of existing devices instead of installing new hardware. Scaling such a network implies significantly lower expenditures because no new datacenters need to be added.
  • Incentivization potential through the introduction of a decentralized, blockchain-based marketplace for content storage and retrieval, allowing network users to earn income by becoming edge nodes.
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Additional links

  • Token details

    • Token symbol ? Token symbol — a shorten token name. It is used during an ICO and after the coin listing at the cryptocurrency exchanges. : NXLS
    • Fundrasing target ? Fundraising target — the maximum amount of funds to be raised during an ICO. When it is reached, the developers stop selling the tokens because they do not need to raise more money for the project development. : 6,975,000 USD
    • Token type ? Token type — a platform for a startup launch that influences the stability of blockchain operation, the speed of transactions and the fees. :Ethereum (ERC20)
    • Soft cap ? Soft cap — the minimum amount of funds to be raised for the project development. Sometimes when the soft cap has not been reached, the money is returned to the participants. :2,325,000 USD
    • Role of token ? Role of Token — type of token depending on the opportunities it offers to its owner. Utility tokens give their owners a right to use the project services, security tokens are aimed at bringing profit, and currency tokens are a money substitute. :Utility token
    • Total supply ? Total supply — a total amount of tokens that will be released by the developers. :14,187,500 NXLS
    • Escrow agent ? Escrow agent — a qualified agent who has the right of signature in a multisig wallet. An escrow agent participates in an ICO, monitors the financial operations of the developers and confirms their fairness. :No
    • Tokens for sale ? Tokens for sale — the number of tokens offered to the participants of an ICO. :11,350,000 NXLS
    • Whitelist ? Whitelist — a list of participants, who get an opportunity to buy tokens. To be whitelisted, you need to register on time because the number of participants and the registration period are usually limited. :Whitelist Open(Start Mar 23, 2018)
    • Additional emission ? Additional emission — an additional release of tokens. It can be done once after the crowd sale or on an ongoing basis. In the projects with a limited emission there is no additional emission. :No
    • Exchange listing ? Exchange listing — an assumed date when the token will be listed at a cryptocurrency exchange. The developers usually indicate it in a roadmap and a white paper. :NA
    • Accepting currencies ? Accepting currencies — cryptocurrencies and fiat currencies that can be used for buying the project tokens. :ETH,
    • Can't participate ? Can't participate — the countries where it is prohibited to buy tokens. These can be countries where ICOs are prohibited altogether, or countries that have the requirements that a particular project does not meet. :USA,
    • Know Your Customer (KYC) ? Know Your Customer — a verification procedure for ICO participants, during which the developers can ask for personal data, a photo and a scanned copy of a passport of a potential investor. :Yes
    Get details
  • Token and Funds Distribution

    Token distribution date

    Immediate token disribution

    Unsold tokens

    NA
      • Token Distribution

          Vesting notes

          • Team: 1 year lock-up

    Sale schedule

    Round Token Price Bonus Min / Max Purchase Soft Cap Hard Cap
    Main Sale — Soon
    Start Soon
    0.002 ETH 35% Max 1000 NXLS Uncapped Uncapped
    Pre-sale — Ended
    29 Mar 12:00 UTC
    11 Apr 12:00 UTC
    0.0014 ETH 30% Min 1 ETH 1,500 ETH Uncapped
    • Team
      No information

    Roadmap

    • Q4 2017
      • Research
      • Concept development
    • Q1 2018
      • Research
      • Prototyping
    • Q2 2018
      • Token sale
      • Product development
    • Q3 2018
      • Product development
      • Growing the team
    • Q4 2018
      • MVP deployed
      • Marketing tests
    • Q1 2019
      • Full-scale deployment
      • Building the ecosystem
    • Q2 2019
      • Scaling the network

    Activity