What is Ice Network (ICE)? This fairly new cryptocurrency project allows users to mine 100% free through smartphone devices. This project was developed to demonstrate cryptocurrencies’ long-term value and versatility in many different situations.
If you want to know more information about the Ice Network (ICE) platform, please take some time to follow upcoming content from AZCoin.
What is Ice Network (ICE)?
Ice Network (ICE) is a fairly new cryptocurrency project, developed based on the infrastructure of TON blockchain with more expanded features. Accordingly, the goal of ICE’s creation is to demonstrate the long-term value of cryptocurrencies as well as their flexibility in many different cases.
With the above goal, ICE allows users to mine 100% free of charge through personal smartphone devices. Furthermore, ICE operates under a decentralized governance model, allowing all users the right to influence the direction of the network’s development.
Besides, there are many other unique features along with the addition of bonuses based on user activity.
What outstanding products does ICE have?
Outstanding products that Ice Network currently owns include:
- IceID: A decentralized digital identity system that allows users to engage in digital interactions while ensuring the security and privacy of users’ personally identifiable data.
- IceConnect: A decentralized social network that allows users to connect and share information, limits censorship, and combats manipulation by giving control to users.
- IceNet: Proxy and decentralized content distribution network, helping to speed up access and secure user information.
- IceVault: Decentralized storage solution that ensures data is secure, reduces the risk of hacking, and is easily accessible by combining TON blockchain distributed storage with quantum-resistant cryptography,
- IceQuery: Decentralized database, providing efficient querying and data management as well as tamper-proof assurance for all dApps in the ecosystem.
Besides, if you have time, we suggest you check out other interesting content like What is Bitcoin ETF, What is Low Cap Coin in crypto, How to add Fantom Network to MetaMask,…
What is an ICE Token?
ICE Token is the official cryptocurrency of the Ice Network platform, designed to be used for many jobs in this ecosystem.
Specifications
- Token Name: Ice
- Ticker: ICE
- Blockchain: ION blockchain
- Token Type: Utility, Governance
- Total Supply: 29.56B ICE
- Circulating Supply: 344.94M ICE
Allocation rate
Hiện thông tin về tỷ lệ phân bổ của ICE Token trên thị trường như sau:
- Mining Community – 40%
- Core team – 25%
- Community Pool – 15%
- Treasury fund – 10%
- Innovation and ecosystem growth group – 10%
ICE Token Use Case
As mentioned before ICE Token is used for many jobs, specifically:
- Payment of transaction fees: Used to pay transaction fees on ICE platforms, helping the network interact and operate.
- Governance: ICE token holders have the right to participate in important governance decisions for the future of the network.
- Staking: Users can stake ICE tokens to receive interest or other rewards while supporting network security.
Also, if you need more information about other cryptocurrency exchanges, you should check out the best crypto exchange site here.
When was ICE Token listed?
Currently, on January 19, 2024 ICE Token was officially listed, allowing trading on the major electronic exchange OKX.
Meanwhile, ICE Token is also expected to be officially listed and allowed to be traded on Binance on October 7, 2024.
Does the Ice Network have the potential to grow?
Looking at it frankly, Ice Network is the clearest proof of the need for truly decentralized blockchain solutions. Because of this foundation, power is not concentrated in a few but is divided equally among many people.
To do the above, Ice Network has built a mechanism that only allows each user to use one device under his or her name. Thereby, we can balance and ensure the goal of dispersing power to everyone.
If it maintains the above development direction and receives a lot of attention and support from the community, this will be an extremely potential project.
Conclusion
This is also the end of all the content we can share with you about Ice Network (ICE). Hope you enjoy this content. If you have any other questions, don’t hesitate to contact AZcoin.
I am Tony Vu, living in California, USA. I am currently the co-founder of AZCoin company, with many years of experience in the cryptocurrency market, I hope to bring you useful information and knowledge about virtual currency investment.
Email: [email protected]
