Introducing Impossible Cloud Network Node Sale
Impossible Finance users, stake IDIA to earn whitelist allocation for the Impossible Cloud Network Node Sale!
We are proud to unveil Impossible Finance’s fourth node sale, Impossible Cloud Network.
Impossible Finance is a strategic node sale architect and partner for Impossible Cloud Network’s node sale, and we are honoured to contribute to the ICN ecosystem in this exciting stage of their growth.
Especially for Impossible Finance users, we have secured 300 whitelist slots in Tier 1 in our staking campaign! More details below.
What is Impossible Cloud Network (ICN)?
Impossible Cloud Network (ICN) is a decentralized, enterprise-grade cloud services network designed to challenge traditional centralized providers like AWS, Google Cloud, and Microsoft Azure. As the first cloud DePIN (Decentralized Physical Infrastructure Network) to achieve product-market fit, ICN leverages blockchain technology to offer scalable, secure, and cost-effective solutions while addressing the limitations of centralized cloud infrastructure.
With a strong focus on Web3 integration, ICN combines the efficiency of decentralized hardware ownership with a demand-driven model to scale services without the high capital expenditure typically required by traditional cloud providers. By utilising its multi-layered architecture—including hardware, service, and monitoring layers—ICN ensures high performance, robust data protection, and compliance with strict data privacy regulations like GDPR.
Backed by an experienced team of serial entrepreneurs who have generated over $1 billion in revenue and led a successful IPO, ICN is rapidly gaining traction in the B2B space. It has already surpassed a $2.3M ARR within its first year of operations and boasts partnerships with top-tier data centres and distribution networks, reaching over 800 paying enterprise customers.
As it continues to expand its decentralized ecosystem, ICN aims to deliver a wide range of cloud services, from object storage to AI GPU computing, paving the way for a scalable, decentralized alternative to the dominant centralized cloud providers.
For more details, read the ICN docs.
What are ICN Nodes?
ICN Nodes form the backbone of the Impossible Cloud Network (ICN), facilitating decentralized and efficient cloud services. These nodes, powered by SLA Oracles, are critical components ensuring high performance, reliability, and decentralization across the ICN ecosystem.
Each node is represented by an ICN Passport, a custom-designed NFT that acts as proof of ownership and enables operators to participate in ICN’s decentralized infrastructure. These Passports are key to maintaining network trust and scalability by assigning work, tracking activities, and distributing rewards or imposing penalties based on performance metrics.
Keep reading to learn more!
Impossible Cloud Network Node Sale
By participating in the ICN Node Sale, operators contribute to ICN’s goal of creating a decentralized, enterprise-grade alternative to traditional cloud providers like AWS and Google Cloud. Node operators also enjoy substantial rewards, including token allocations and potential profit-sharing with hardware providers.
For more details, visit ICN’s dedicated page for the Node Sale .
ICN’s ICNT Token
ICNT is the native token of the Impossible Cloud Network (ICN) ecosystem, serving as a critical component to incentivize and align all participants within the network. Beyond its role as a medium of exchange, ICNT powers the decentralized infrastructure by enabling node operations, staking, and governance, while fostering scalability and reliability across the ecosystem.
To drive adoption and ensure a robust decentralized network, ICN will allocate 20% of the total ICNT supply to node license holders. To learn more about ICNT tokens, read here.
- Total ICNT Supply: 1,000,000,000
- Allocation to Nodes: 20% (200,000,000 ICNT)
- Vesting Schedule:
- Node activation rewards (TGE)
- 85% Node operation rewards distributed over 4 years
- ~52% of rewards distributed within the first 12 months
- Please note node licences are not transferable for 1 year
Note: This is not a token sale.
Impossible Whitelist Sale for ICN Nodes
As a platform for the Node Sale, Impossible Finance has secured 300 nodes in Tier 1 for our community. For a seamless experience, the IF Community Whitelist can be completed entirely on the Impossible Launchpad, by staking IDIA (Arbitrum), without having to go onto ICN’s dedicated page for the Node Sale on its website. Users who want to participate in the Public Round or have joined other Whitelist campaigns can still go to ICN’s dedicated page for the Node Sale on its website.
Impossible Finance Whitelist Campaign Timeline
IDIA Staking Campaign
Step 1: Participate in IDIA Staking Campaign on IF Launchpad website.
Step 2: Purchase your allocation between 02/12/2024 - 04/12/2024 on the Impossible Launchpad.
Step 1: Participate in IDIA Staking Campaign on IF Launchpad website.
Step 2: Purchase your allocation between 02/12/2024 - 04/12/2024 on the Impossible Launchpad.
StakeWeight Formula
The Staking Campaign will follow Impossible’s standard StakeWeight Allocation model, where the number of nodes users get to purchase depends on 1) how much IDIA you stake and 2) how long you stake IDIA in relation to the other stakers of the pool.
Due to the campaign’s special circumstances, the calculations for the StakeWeight formula will be rounded up to determine the node allocation.
Estimated Rewards = Number of Whitelisted Node/s you will receive
Staking Amount: The amount (and how long) you stake corresponds to the amount of node/s you will receive. However, the Estimate Reward may not always be a whole number (e.g., 1 or 2 nodes) and we cannot sell fractions of nodes (e.g., 0.7 nodes).To purchase, you need to stake enough to obtain a whole number of Estimate Rewards. This balance will change daily as more users stake. If you drop below a full number (<1) you will need to increase your Stake to guarantee a Node allocation. So check regularly!
Examples
- Estimate Rewards: 0.51 = 0 nodes
- Estimate Rewards: 1.23 = 1 node
- Estimate Rewards: 2.91 = 2 nodes
About Impossible Cloud Network
Impossible Cloud Network (ICN) is a decentralized cloud platform delivering enterprise-grade services powered by blockchain technology. Designed to rival traditional cloud providers, ICN offers scalable, secure, and efficient solutions by connecting hardware providers with cloud services, all while ensuring high performance through SLA oracle nodes.
Website | Twitter | Discord | Telegram
About Impossible Finance
Impossible is an on-chain native, research advisory firm with a DeFi launchpad and accelerator. We help projects kickstart, fundraise, scale and launch their tokens while enabling users to learn, discover and invest in high-quality crypto opportunities.
Website | Twitter | Discord | Telegram | Blog
Terms and conditions
- DISCLAIMERS, TERMS, and RISKS
- Impossible reserves the right in its sole discretion to amend or change or cancel this announcement at any time and for any reason without prior notice.
- Impossible reserves the right to determine the allocation of the Nodes
- Users need to complete their KYC and also be from an eligible jurisdiction to participate in this token sale.