July 4, 2024

The Ice Open Network (ION) is a blockchain platform that aims to redefine digital interactions and transactions. Built on a high-performance, multi-threaded, multi-shard architecture, ION can process millions of transactions per second, making it one of the fastest and most scalable blockchains. The network supports a wide range of programming languages through its smart contract system, allowing developers to create complex decentralized applications. 

A key focus of ION is to democratize access to blockchain technology, allowing anyone with a mobile device to mine ICE tokens. This inclusive approach ensures that the power and benefits of blockchain are widely distributed among users, rather than concentrated in the hands of a few.

What is the ICE token?

The total supply of ICE, the native token of the Ice Open Network, is capped, and a significant portion is allocated to various pools with specific lock periods to ensure long-term stability and growth. For example, 12% of the coins are allocated to the Mainnet Rewards pool with a five-year lock period, ensuring ongoing incentives for validators and contributors. 

Here are some other things you need to know about the token:

  • Trading Volume (24h): The trading volume of ICE in the past 24 hours is $4,442,822.
  • Circulating Supply: The circulating supply of ICE is 6,615,204,261 tokens.
  • Total Supply: The total supply of ICE is 21,150,537,435 tokens.

Trade ICE

Join the revolution of democratizing blockchain technology and buy your first ICE tokens. Head over to our trading page and secure some.

! Disclaimer

The information provided in this article is for educational and informational purposes only and should not be construed as financial, tax, or legal advice or recommendation. Dealing with virtual currencies involves significant risks, including the potential loss of your investment. We strongly recommend you obtain independent professional advice before making any financial decisions. The products and services offered by Cryptology may not be suitable for all users and may not be available in certain countries or jurisdictions. The promotional materials do not guarantee any specific outcomes or profits from virtual trading. Past performance is not indicative of future results. It is important to read and understand the risks, which are explained in our Risk Disclosure Statement

Tom F.

Tom is one of the content managers here at Cryptology. While still fresh in his career he has been able to firmly place himself within the world of crypto and content creation, producing work for a number of publications including esports.net and The Times of Malta newspaper.