Ice Open Network ( ION ) is a blockchain platform which is designed to revolutionize our interaction with decentralized technology. As a fork of the Telegram Open Network ( TON ), the Ice Open network is made upon the foundation of its predecessor.
However, it contains some unique features that make it different from the other blockchain platforms in the cryptocurrency market. ION network is made for high throughput, meaning it allows millions of transactions to be made per second, distinguishing it as a strong contender for financial applications in the real world.
One of Ice Open network’s distinct features is its mobile mining program. In this program, access to blockchain participation is democratized. It was launched in July 2023 and has already onboarded over 9 million miners.
It allows smartphone users to contribute to the network’s security and earn rewards without needing any hardware or technical expertise. This feature adds a star to the ice open network’s decentralization which is a very important factor in blockchain ecosystems.
Two aspects are very crucial in the design philosophy of the ice open network – content ownership and privacy. The platform adds advanced features that give users more control over their data and allow secure verification of identity without the need for sensitive information from them. This makes this platform more suitable for applications that need strict identity verification while maintaining user privacy.
What is ICE?
The native token of the Ice Open Network has the acronym ICE. Currently, it is a BEP-20 token meaning that it is made on the Binance Smart Chain. ICE tokens play a crucial role in the ice open network ecosystem as it is used for multiple purposes.
It serves as the primary mode of exchange within the network used for paying for all the transactions and powering smart contract operations. As the Ice open network switches to the main net, this token is expected to become the native token of the Ice open network blockchain.
Users earn ICE tokens through the network’s unique mobile mining program by pushing the ‘tap to mine’ button on their smartphones. This unique way of earning and distributing tokens encourages more participation in the operations of the network contributing to its overall engagement, security, and decentralization.
How does the Ice Open network work?
Ice open network uses a proof-of-stake (PoS) mechanism which is known for its scalability and energy efficiency. The network’s architecture is designed to handle huge amounts of transactions altogether because of TON’s parallel transaction processing mode and sharding features.
This network has a master chain that overlooks all the network operations, a work chain that handles multiple transactions, and a number of shard chains that process the transactions in parallel.
This whole system of the chain allows the network to scale horizontally as the demand grows and maintains high performance under heavy load.
The standout feature of this mobile mining system is that it allows users to run network nodes directly from their smartphones. It increases the decentralization of the network and also makes it more accessible to a large number of users.
The ID system of the ice open network enhances the network’s utility more by providing a decentralized identity solution that could have more implications for security and privacy in blockchain apps.
Tokenomics of ICE
The total supply of ICE tokens is 21,150,537,435.26. Here is how these tokens are distributed:
- 28% is given to the community for mining the tokens in the first phase of the project.
- 12% is given to the mainnet rewards pool for incentivizing participation which will be locked for 5 years.
- 25% is given to the team to reward their contribution
- 15% if allocated to the DOA for community-driven initiatives
- 10% is allocated to the treasury pool for strategic initiatives
- The remaining 10% is given for the growth of the ecosystem and innovation
Price prediction for Ice Open Network 2024-2030
Here are the price predictions for the Ice Open network from 2024-2030. These prices are assumptions so do not make investment decisions based on these.
| Year | Minimum price | Average price | Maximum price |
|---|---|---|---|
| 2024 | $0.00519 | $0.0123 | $0.0127 |
| 2025 | $0.0124 | $0.0146 | $0.01490 |
| 2026 | $0.0170 | $0.0185 | $0.0207 |
| 2027 | $0.0222 | $0.0259 | $0.0265 |
| 2028 | $0.0222 | $0.0259 | $0.0265 |
| 2029 | $0.0274 | $0.0302 | $0.314 |
| 2030 | $0.0390 | $0.0411 | $0.0431 |
Price prediction of ICE in 2024
- As per the current market conditions the Ice Open network is on its way to passing the $0.0127 mark by the end of this year.
- Before passing this mark it may also break its $0.0138 mark. It will break its previous all-time high of $0.138 and be between $0.0123 and $0.0127. As of now, its 24-hour trading volume is 5.01M and it is at 615 currency numbers in the crypto world.
Price prediction of ICE in 2025
- It is predicted that in 2024 ice break network will break through $0.0149 and hold the market by the end of the year. The lowest price of ICE would be $0.0149 – $0.0149 and it will also have a steady price of $0.0146 by the end of 2025.
Price prediction of ICE in 2026
- In the year 2026, ICE will start at $0.0170 and breach about $0.0207. According to the currency market conditions, the price of ICE would be higher than 2025.
Price prediction of ICE IN 2027
- There is a good possibility that ICE will double in 2027 but it is expected that it may not even reach the expected maximum which is $0.0265. It will hit an all-time high of $0.0259 in 2027.
Price prediction of ICE in 2028
- ICE can see extreme growth in 2028 and is expected to surpass the maximum price of $0.0265 and be at a minimum of $0.222.
Price prediction of ICE in 2029
- In 2029, the ICE is expected to cross the price of $0.0302 and reach the minimum of $0.0274. It can also reach a maximum of $0.0314.
Price prediction of ICE in 2030
- In the initial months of 2030, the ICE token prediction points that the cost of the token will reach $0.411 and remain the same by the end of the year. It can hit a low of $0.0390 and a high of $0.0431.
How and where to buy Ice Open Network?
ICE tokens are currently listed on multiple exchanges. You can find them on MEXC, PancakeSwap, HTX, Kucoin, Gate.io and more. To buy ICE coins from these exchange platforms follow the steps given below:
Step 1: Search and choose a trusted exchange platform that is compatible with ICE token trading.
Step 2: Sign up and create an account for the exchange platform that you have chosen and complete the KYC verification.
Step 3: Add funds to your account using a payment method like a credit card, debit card, bank transfer, or other cryptocurrency.
Step 4: On the exchange platform navigate the ICE trading pair and place an order.
Step 5: Once you have got your ICE tokens move them to a secure wallet.
Is investing in Ice Open Network a good decision?
As per the price predictions given above investing in Ice Open network is not a bad decision. If we look at the chart above the price of ICE is increasing with the years and also moving ahead of its previous all-time highs. Ice Open Network offers the unique opportunity to invest in a growing blockchain network.
It provides a combination of accessibility and privacy features as well. The mobile mining program makes it more accessible to a wider audience. But like any other cryptocurrency investment, it is important to consider all the risks while making investment decisions. Make sure you are doing your own research and then only investing.
