Impossible Cloud Network Token

ICNT Price

About Impossible Cloud Network Token (ICNT)

Impossible Cloud Network Token is the native utility asset powering a decentralized cloud infrastructure protocol designed to offer enterprise-grade storage and compute services.

• The protocol operates as a multi-service DePIN (Decentralized Physical Infrastructure Network) that enables hardware providers to monetize global server resources.
• It utilizes a multi-tiered architecture to ensure performance enforcement, data availability, and resource abstraction for scalable cloud workloads.
• The network is built to provide a censorship-resistant alternative to centralized hyperscale cloud providers by decoupling physical hardware from digital services.

What Is Impossible Cloud Network Token

Impossible Cloud Network Token (ICNT) functions as the foundational coordination and incentivization layer for the Impossible Cloud Network (ICN). The protocol addresses the sovereignty crisis in the cloud industry, where data and power are concentrated among a few centralized hyperscalers. By creating a decentralized marketplace for hardware resources, ICN allows for the permissionless exchange of compute and storage capabilities.

Value moves through the system as hardware providers commit physical resources to the network in exchange for rewards. Service providers and builders then access these resources to deploy applications, utilizing ICNT for collateral and access. This structure ensures that value is distributed among contributors rather than centralized intermediaries.

The system scales through a multi-tiered approach that includes a hardware layer, a resource composition layer, and a performance enforcement layer. This design allows the network to aggregate diverse hardware types globally, providing a unified and programmable foundation for the next generation of the internet.

What Makes Impossible Cloud Network Token Unique

• Enterprise-Grade DePIN: Unlike many decentralized networks that rely on consumer-grade hardware, ICN focuses on enterprise-level resources, such as high-performance GPU bare metal for AI workloads.
• HyperNode Network: The protocol features a decentralized validator network called HyperNodes, which independently verify the performance of hardware providers to ensure strict service level parameters.
• Resource Composition Layer: This abstraction engine decomposes physical hardware into logical resource units, allowing for the dynamic and efficient allocation of compute, memory, and networking.
• Blockchain Agnostic: While currently deployed on Ethereum and Base, the protocol is designed to be multi-chain to broaden access and maintain independence from specific technical ecosystems.

What Can You Use Impossible Cloud Network Token for?

• Node Collateral: Hardware providers must lock ICNT as collateral to activate ScalerNodes, ensuring long-term commitment and accountability through potential slashing mechanisms.
• Access to Resources: Service providers use the token to reserve network capacity and deploy software solutions on top of the decentralized hardware.
• Staking for Security: Community members can stake ICNT to support the performance enforcement layer, contributing to the overall security and reliability of the network.
• Protocol Governance: The token serves as a coordination tool for managing the system's state, including the processing of core lifecycle events and resource attribution.

How Does Impossible Cloud Network Token Work?

Impossible Cloud Network Token operates through a sophisticated four-layer technical stack. At the base is the Hardware Layer, composed of ScalerNodes—the smallest physical units of enterprise hardware committed by providers. These resources are then managed by the Resource Composition Layer, which uses an abstraction engine to pool capabilities like compute and memory into tangible, on-demand instances for users.

To ensure quality, the Performance Enforcement Layer utilizes a decentralized network of HyperNodes. These nodes execute challenges to verify the performance of ScalerNodes, publishing reports to a data availability network and submitting cryptographic proofs to the blockchain. This process ensures that hardware providers meet the required standards for enterprise use cases.

Finally, the Service Layer allows third-party builders and service providers to deploy software on the provisioned resources. Users pay protocol service fees to access these optimized deployments, which are automatically allocated based on performance and availability within specific geographic regions. The protocol utilizes a Proof of Stake model for its coordination layer to maintain a transparent and irrepudiable ledger of network state.

Team Info and Investors

The Impossible Cloud Network was founded by a team of experienced entrepreneurs and technologists, including Siu Kei Chung, Dr. Kai Wawrzinek, and Dr. Christian Kaul. The technical development is supported by a broad group of specialists, including Dr. Francisco Carpio and Andrei Navoichy. The project has gained recognition within major industry ecosystems, including the Binance Alpha Spotlight, reflecting its positioning within the decentralized infrastructure and DePIN sectors.

Where can you buy Impossible Cloud Network Token?

ICNT tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Impossible Cloud Network Token is Bybit, where the most active trading pair ICNT/USDT has a trading volume of $1,733,979.74 in the last 24 hours. Other popular options include Bitget and Bitvavo.

What is the daily trading volume of Impossible Cloud Network Token (ICNT)?

The trading volume of Impossible Cloud Network Token (ICNT) is $7,005,305.78 in the last 24 hours, representing a -23.30% decrease from one day ago and signalling a recent fall in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Impossible Cloud Network Token (ICNT)?

Impossible Cloud Network Token (ICNT) reached an all-time high of $0.5911 and an all-time low of $0.1099. It’s now trading -61.20% below that peak and 108.70% above its lowest price.

What is the market cap of Impossible Cloud Network Token (ICNT)?

Market capitalization of Impossible Cloud Network Token (ICNT) is $58,071,209 and is ranked #394 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of ICNT tokens (250 Million tokens are tradable on the market today).

What is the fully diluted valuation of Impossible Cloud Network Token (ICNT)?

The fully diluted valuation (FDV) of Impossible Cloud Network Token (ICNT) is $159,971,924. This is a statistical representation of the maximum market cap, assuming the maximum number of 700 Million ICNT tokens are in circulation today. Depending on how the emission schedule of ICNT tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Impossible Cloud Network Token compare against its peers?

With a price increase of 23.90% in the last 7 days, Impossible Cloud Network Token (ICNT) is outperforming the global cryptocurrency market which is down -5.10%, while outperforming when compared to similar Ethereum Ecosystem cryptocurrencies which are up 12.70%.

How to add Impossible Cloud Network Token (ICNT) to MetaMask?

Adding Impossible Cloud Network Token (ICNT) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import ICNT as a token. You can copy ICNT’s contract address (0xe5e0b73380181273abcfd88695f52c4d0c825661) and import it manually, or if you've installed MetaMask's chrome extension, add ICNT to MetaMask with one click on CoinGecko.

Add ICNT to MetaMask.