Coin World News Report:
[October 24, 2024, Zug, Switzerland]
Impossible Cloud Network (ICN), leveraging its expertise in web2, has positioned itself as the leading global DePIN project, collaborating with over 1,000 corporate clients. Its testnet has provided convenience for the onboarding of network validators prior to node sales.
ICN aims to meet large-scale demands through its open multi-service cloud platform.
Today, Impossible Cloud Network (ICN), the first web3-based cloud platform to be widely adopted by commercial customers, announced the launch of its incentivized testnet. Blockchain developers, enthusiasts, and community members are invited to participate and contribute to the future of decentralized cloud networking. The testnet serves as a starting point for exploring new features, contributing to platform development, and gaining recognition, providing a practical environment ahead of the mainnet release next year.
Decentralized cloud platforms represent enormous opportunities. Impossible Cloud GmbH, as the first service provider, serves over 1,000 corporate clients and has the capability to deliver scalable multi-service solutions, enhancing decentralization, providing greater flexibility than traditional systems, and enabling seamless integration into web3 by leveraging its web2 expertise. By integrating web3 functionalities, ICN eliminates vendor lock-in and promotes a community-driven approach to cloud infrastructure management.
“Our testnet aims to build a strong community that helps us become the next cloud leader with a focus on driving enterprise adoption of web3,” said Kai Wawrzinek, Co-founder of ICN.
“By working with real clients on real projects and generating real revenue, we are laying the foundation for something bigger—not tomorrow, but today. The mainnet is our ultimate goal, and the testnet is a step towards realizing our vision of becoming a decentralized alternative to AWS.”
ICN’s testnet aims to achieve two main objectives: first, to test and improve the stability and functionality of the platform, such as continuous SLA verification; second, to deepen community engagement and ensure platform optimization to meet real-world needs. The testnet simulates real-world conditions and serves as a catalyst to onboard more validators, ensuring a seamless transition to the mainnet. It provides participants with a risk-free environment to enhance performance and scalability while gaining recognition.
ICN will utilize the FairDrop mechanism to distribute points based on real contributions, such as bug reports, feature testing, and community participation. The top 20,000 contributors will be eligible to receive rewards from a pool of 10.5 million ICNT tokens, accounting for 1.5% of the initial total supply. As the testnet evolves, new challenges and tasks will be introduced, providing continuous opportunities for participation, recognition, and influence on ICN’s development.
With the support of investors such as 1kx, HV Capital, and Protocol Labs, Impossible Cloud has raised $18 million to date, with the latest funding round completed in March last year. The company’s roadmap includes node sales to further decentralize the network, followed by the introduction of a native token for ICN to achieve decentralized governance.
For more detailed information, please visit the ICN website:
https://www.icn.global/
About Impossible Cloud Network:
Impossible Cloud Network (ICN) is the first web3-based cloud platform to gain widespread adoption by commercial customers. Leveraging web3 technology, ICN outperforms other decentralized solutions by 10%, offering an enterprise-level alternative to traditional cloud providers. Founded by a team that previously scaled Goodgame Studios into a billion-dollar enterprise, ICN provides services such as cloud storage and GPU computing by connecting hardware providers, serving users, and monitoring nodes. Through the utilization of Service Level Agreement (SLA) oracles, ICN ensures high performance and reliability. Impossible Cloud has raised $18 million from 1kx, Protocol Labs, HV Capital, TS Ventures, and Very Early Ventures.
