Ice: Decentralized Future Price (ICE)

Ice: Decentralized Future (ICE) Price Now

Ice: Decentralized Future price today is $0.004909 with a 24-hour trading volume of $3,837,464. ICE price is down -3.08% in the last 24 hours. It has a circulating supply of 1.04Bil ICE tokens and a total supply of 1.04Bil.
In order to search for real-time and historical information about Ice: Decentralized Future (ICE) blockchain, including data related to blocks, transactions, addresses, and more, you may use Ice: Decentralized Future (ICE) block explorers. Here are some of the most popular and useful Ice: Decentralized Future (ICE) blockchain explorers out there:

• bscscan.com

What Is ice: Decentralized Future(ICE)? 

Ice represents the next generation of digital currency, mineable on any mobile device. At its core, Ice Network fosters a trusted community, proliferating the belief that digital currencies can maintain value across diverse use cases. Membership is initiated through invitations, enabling new users to earn and build micro-communities immediately.

ice: Decentralized Future(ICE) Details and Distribution

Subdivision and Terminology

A single ICE coin is broken down into a billion smaller units, known as "iceflakes" or just "flakes." Every transaction and account balance is represented using a non-negative whole number of these flakes.

Total Supply

The total supply of ICE is intrinsically tied to the inaugural phase termed "Decentralization" (cf. 1) spanning from 7th July 2023 to 7th October 2024. The unique nature of ICE’s supply model is influenced by a myriad of factors, including the number of registered users, active miners, halving events, bonuses, and the slashing mechanism. This dynamic approach ensures that the total supply remains fluid, adapting to the network’s growth and user activity.

A Phase one standout feature of the ICE coin is the slashing mechanism. In the ICE ecosystem, passive or inactive participation can lead to a reduction in a user’s coin balance. This not only incentivizes active participation but also introduces an element of unpredictability to the total supply estimation post Phase 1.

ice: Decentralized Future(ICE)  Initial Distribution

The initial distribution of ICE coins is meticulously planned to ensure a harmonious balance between the core team, active community members, and future developmental endeavors:

• Community Mining Allocation (40%): Recognizing the pivotal role of the community, half of the initial distribution is earmarked for those who actively participated in mining activities during Phase 1. This allocation is a nod to their trust, support, and contribution to the network’s foundational growth.
• Team Allocation (25%): This allocation serves as a testament to the relentless efforts, innovation, and dedication of the team behind ICE. It aims to incentivize and reward their unwavering commitment to the project’s vision and its continuous evolution.
• Community Pool (15%): This pool is a reservoir of opportunities. It’s dedicated to the community, allowing them to democratically vote on and decide the best avenues for investment. Whether it’s funding a promising dApp or bolstering the network’s infrastructure, this pool ensures that the community’s voice is at the forefront of ICE’s future trajectory.
• Treasury Pool (10%): The Treasury Pool is strategically designated to provide liquidity, establish exchange partnerships, launch exchange campaigns, and cover market maker fees. This pool enhances our ability to execute strategic initiatives, strengthening ICE’s position in the market.
• Ecosystem Growth and Innovation Pool (10%): This pool is dedicated to fostering innovation, supporting partnerships with third-party organizations, acquiring third-party services for development and marketing, onboarding new projects within the ICE ecosystem, and collaborating with external providers to expand our reach and capabilities. It aims to drive continuous growth and innovation within the ICE network.

Our belief is steadfast: by striking this distribution balance, we not only reward the early believers and contributors but also lay down a robust financial foundation for ICE’s future endeavors.

ice: Decentralized Future(ICE) Utility

The utility of ICE is multifaceted, serving as the linchpin for various core functionalities within the network:

• Core Functionality: As the lifeblood of the ION Blockchain, ICE facilitates seamless transactions, interactions, and operations, ensuring the network’s dynamism and efficiency.
• Governance Participation: ICE holders wield the power to shape the network’s future, casting votes on pivotal proposals and decisions.
• Staking Mechanism: By staking ICE, holders bolster the network’s security and, in return, reap rewards, creating a symbiotic relationship between the user and the network.
• IceID : A unique identifier system where all accrued fees are channeled back to the ICE stakers, ensuring a continuous reward mechanism.
• IceConnect : A revenue-sharing model where earnings from IceConnect are equitably distributed among Creators, Consumers, IceConnect nodes, and Ice Team.
• IceNet Nodes operating under IceNet are rewarded for their services, be it running Proxies or DCDN nodes.
• IceVault: Serving as the network’s storage solution, IceVault nodes are compensated for securely storing user data.
• IceQuery: Decentralized databases powered by IceQuery nodes ensure that these nodes are rewarded for their pivotal role in maintaining data integrity and accessibility.

Ice: Decentralized Future (ICE) Community

• FaceBook: https://facebook.com/ice.blockchain
• Twitter: https://twitter.com/ice_blockchain
• Reddit: https://www.reddit.com/r/iceblockchain
• Telegram: https://t.me/iceblockchain

What is Ice: Decentralized Future (ICE) Contracts address?

• BNB Chain(BEP20): 0xc335df7c25b72eec661d5aa32a7c2b7b2a1d1874