The ICNT
Introduction to ICNT
The Impossible Cloud Network Token (ICNT) is the native digital asset of the Impossible Cloud Network (ICN). Serving as the fundamental unit of value, ICNT is crucial for enabling various interactions across the ecosystem, including accessing services and rewarding contributors.
ICNT holders can use the token to:
Access decentralised cloud resources provided by Hardware Providers (HPs).
Earn rewards by contributing collateral to the network from the staked HPs or HyperNode successfully performing their tasks.
For more in-depth information, explore the following subpages:
Circulating Supply: Learn about the ICNT supply that is actively available for transactions and its role in network economics.
Total Supply: Understand the overall supply limits of ICNT and how this impacts scarcity and token valuation.
Token Minting: Read the formal statement confirming that no additional ICNT will ever be minted.
Burn Mechanisms: Details about potential future mechanisms for reducing circulating supply through token burns.
For more details, visit each subpage to gain insights into the token's role in maintaining and growing the ICN ecosystem.
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