A teaser page for Kim Dotcom's new file sharing site almost stalled at its launch, but anticipation is high to see the site he's created nearly a year after the highly publicised FBI raids which saw his assets frozen and file sharing behemoth Megaupload shut down.
In a move bound to draw the ire of prosecutors in the United States, Dotcom is launching his new site - Megabox - and today unveiled a splash page called Mega.
But the launch was not without its teething problems after a surge of activity overloaded the site's servers.
The new site was expected sometime this year, but a tweet from Kim Dotcom at 12.03 this afternoon began an hour countdown.
"Countdown on Kim.com ends in 1 hour. Expect our new Mega domain and a splash page with information."
At 1.03 pm however overloading had caused the Kim.com site to shut down. Dotcom tweeted that FBI agents were among those trying to get on his site at its launch.
"All FBI agents pressing reload hahaha..... We see their IP addresses. LOL!!!, " he said.
Today's launch will give Dotcom a good indication of his new venture's popularity when it finally does go live.
"This must be the biggest launch of a splash page ever. It's not even the final site yet. Just a new domain & info :)" Dotcom tweeted.
On the new Megabox site, it is understood uploaded files will be encrypted using the advanced encryption standard (AES).
Files fed through AES can only be viewed by using a supplied key. Users could then see the files content, but outside parties and more importantly, the file's host, couldn't.
Dotcom remains on bail at his $30 million Coatesville mansion since his arrest back in January. While his assets remain frozen, there are no restrictions to him starting any new file sharing sites or web ventures.
He has always maintained he was not aware of any illegal file sharing on his Megaupload site. The level of encryption used on Mega however, would ensure he could not be aware of any illegal activity on the new site.
Dotcom has said to media, the new encryption standard would mean the site could not be shut down in the same way Megaupload was. Megabox would be protected by virtue of ignorance, with no possible idea of what's on its servers.
Online pundits however are predicting AES could make individual users more accountable. If a user shares licensed content online it would be far more easily tracked through the encryption standard.
Before US prosecutors shut down Mega Upload in January, it held dominance as one of the most popular online sites world wide since Dotcom started it in 2005.
Racketeering charges have now been filed against Dotcom and six of his Megaupload associates, in relation to what US authorities say was massive copyright piracy by users of his site. They are now trying to extradite him and three others from New Zealand.
Prosecutors say Dotcom pocketed tens of millions of dollars while movie makers and songwriters lost some US$500 million in copyright revenue.
The case however, has unravelled somewhat since revelations the Government Communications Security Bureau (GCSB) was spying on Dotcom illegally.
Questions also remain over the length of time Dotcom was being spied on, with the GCSB maintaining surveillance began in December last year but it is understood internet traffic out of Dotcom's Coatesville mansion was being monitored as early as November.
An independent lawyer is now assisting the High Court in deciding what evidence of the spying is to be handed over to his Dotcom's legal team.
Dotcom faces an extradition hearing in March next year.