Iagon Official Blog

This is why our team is working on a Liquidity Rewards Program mechanism. The program has already been announced, but we want to work on the details with the community, which is why we’ve reached out to you asking for feedback. Lower risk of data loss, because as more storage providers join the network, the level of redundancy increases, and the protocol distributes multiple copies of each data block among different storage providers. While we’re on the topic of providing information, it might be a good time to share some details.

For starters, IAGON is going to allocate 70 million CNT IAG tokens in the pool. The distribution process will commence 6 months after the launch. We’re planning to drop 7 million tokens right away, and the remaining 90% should be distributed over the 12 following months. Minswap is a decentralized exchange on the Cardano blockchain where anyone can swap tokens at minimal cost, in a minimum of time, and with maximum convenience. The cross-chain token bridge Nomad suffered an exploit on Monday, August 1, with attackers draining the protocol of nearly all its funds. The total value of cryptocurrencies lost to the attack has totaled nearly $200 million.

We are thrilled to announce that Iagon is teaming up with Genius X who are just about to launch an ISPO. It will be live for 25 Epochs, starting on the 15th of May, and closing down on the 12th of September, 2022 . Needs to review the security of your connection before proceeding. Remember, to spread the word that Iagon is making the cloud a safer, greener place to store valuable data.

Iagon – Tome Of The Crystal Wizard [New Vinyl LP]

You must use your own judgment or consult a professional for advice on such matters. Over the course of four months, Genius X will distribute 250 million $GENSX (so 25% of the total supply of 1 billion tokens) among ADA delegators. In each of the 25 Epochs, 10 million $GENSX will be given out as rewards across all four stake pools. This will help to avoid supply shocks and creates an environment where the token can appreciate at price.

To receive alerts, please allow web browser notification permission. Genius X is an accelerator program launched by the world-class team behind Genius What is IAGON Yield. Our goal is to foster innovations on Cardano by providing early-stage blockchain startups with all the tools they need to become successful.

The token sales discussed on the launchpool.xyz website have not been reviewed by any regulatory authority. Launchpool is not providing investment advice and is not taking your personal circumstances into consideration when posting information about token sales. You should also be mindful of the potential risks involved in token giveaways or sales and any arrangements involving digital tokens.

To store data, the first version of the https://cryptolisting.org/ protocol will use a modified version of IPFS, a distributed system based on a peer-to-peer storage network. IPFS breaks the data into chunks, assigns a unique identifier to each chunk, and stores this unique identifier along with the list of peers hosting that chunk in a Distributed Hash Table . A DHT is a mapping of unique IDs for peers that store data.

Underutilized data centers, and home users with excess capacity, will be able to sell their resources on the market for rewards. As a result, instead of relying on the few large companies that currently offer cloud computing services, IAGON will enable consumers to tap into the vast market for underutilized resources. IAGON aims to provide an alternative to reliance on large centralized web service providers through true decentralization. Thus, he proposes to build a market for decentralized storage, imagining a future in which security, legal compliance and decentralization are united with adequate synergy.

Summon Platform

After you have connected your wallet and your wallet is eligible for the swap, you will see a welcome message like this. Metamask and other browser-based wallets, such as brave work. A full guide for swapping Iagon old token with the new one. Generally speaking, we believe Cardano is a well-thought-out, carefully designed organism. A lot of research and paperwork has gone into its creation. This kind of approach translates to a strong and stable structure.

• After you have connected your wallet and your wallet is eligible for the swap, you will see a welcome message like this.
• Plus, your stake remains in your wallet, as the delegation process is non-custodial.
• After receiving the initial 10% percent of the total number of tokens, there will be a lock period of 3months.
• An Allocation Mining Event is a staking pool in which you lock up your $LPOOL until the end of the AME .
• An Initial Stake Pool Offering (that’s what the acronym stands for) is an ingenious fundraising mechanism specific to Cardano.

AdaPulse covers fintech, blockchain and other cryptocurrency related projects building inside the Cardano ecosystem. AdaPulse is not affiliated or endorsed by the Cardano Foundation, IOG, or Emurgo. With IAGON, storage consumers will have the option to specify where their data should be stored and how it should be transferred or accessed. This allows the protocol to comply with region-specific data handling requirements, such as GDPR .

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Plus, your stake remains in your wallet, as the delegation process is non-custodial. The staking rewards are, in turn, used to support the project’s development. The protocol will allow storage providers to earn rewards, exchanging their excess storage with resource consumers in a market at a transparent price, while ensuring data privacy, security and accessibility. IAGON is a platform for harnessing the storage capacities and processing power of multiple smart devices over a decentralized Blockchain/Tangle grid.

Launchpool does not engage in activities that would require such registration. Alphabit, in association with its partners, proudly announce project Launchpool. It is designed to help participants understand the rate which they are mining allocation over the Allocation Mining Event. Get the latest crypto news, updates, and reports by subscribing to our free newsletter. When the price hits the target price, an alert will be sent to you via browser notification.

CoinGecko provides a fundamental analysis of the crypto market. In addition to tracking price, volume and market capitalisation, CoinGecko tracks community growth, open-source code development, major events and on-chain metrics. IAG Token Utility Model Everything you want to know about IAG token and its usage in the IAGON’s Shared Storage Economy.

Please follow us on social media and feel free to drop any questions you may have about the project directly in the telegram group. Iagon’s plan is to create an ADA/IAG token pair on the Minswap DEX and provide liquidity to the platform. Please check your inbox and click the link to confirm your subscription. The altcoins that were stolen in the Nomad bridge hack suffered as much as 94% decline in price after the exploit.

Nothing on the launchpool.xyz website is a solicitation to buy, sell or hold coins . Launchpool leverages communities, knowledge, expertise, contacts and capital to provide crypto projects with the best possible start to life, maximising their chances for success in this fast moving and dynamic space. As Iagon participates in the Genius X accelerator program, we’ve decided to push the collaboration one step further and honor the users who stake in a special GENS2 pool, one of four pools constituting the ISPO. As opposed to the remaining three, the GENS2 pool will reward you with 50% $GENSX and 50% $IAG. After the 3 month lockdown period is over, you will be able to claim 7.5% of the total amount of new IAG tokens, each month, over a 12 month period.

On December 8, 2021, an AWS outage had widespread effects on the internet. As a result, several centralized platforms like Netflix, Disney+, and even centralized crypto exchanges like Coinbase and Binance experienced outages. At that time, the 11th largest DeFi application on the Ethereum network according to DappRadar was dYdX, supposedly decentralized, also suffered from this event for having its infrastructure in the AWS cloud.

Adaville

Last but not least, the team is working hard on our token bridge for converting your ERC-20 $IAG tokens to CNT $IAG tokens. Milkomeda is a Layer 2 protocol leveraging the potential of the brilliant Nomad protocol, supposed to make cross-chain communication considerably faster and cheaper. We want the bridge UI to be as safe and user-friendly as possible, so we’ll run a bug bounty program. Just like in the case of the liquidity rewards mechanism, we are counting on our community and their expertise.

Tokens may not be appropriate for, or offered to, investors residing in the United States. The Securities and Exchange Commission has warned investors residing in the United States that token sales may constitute securities, and by investing in tokens, investors may be purchasing unregistered securities offerings. US investors who invest may be unable to recover any losses sustained in the event of fraud or theft.

We will share more details with you shortly, so stay tuned. Unlike in the case of some other initial offerings, users willing to participate don’t have to trade their tokens for particular project tokens. Instead, all they have to do is delegate their assets to the staking pool for some time. They give up the regular ADA reward for staking and earn tokens in return.

Already wondering when you’ll receive your $IAG token rewards from the Genius X ISPO? For example, you could claim each month, every 6 months, or wait to claim all the remaining tokens at the 12th release of tokens. Now everything is ready for you to initiate the token swapping process. Public blockchain framework for secure peer-to-peer interactions between stakeholders in the healthcare system. By checking this box, you confirm that you have read and are agreeing to our terms of use regarding the storage of the data submitted through this form. Public – Includes all public sales, community-managed grant funds, and other incentive rewards.

After receiving the initial 10% percent of the total number of tokens, there will be a lock period of 3months. We have seen what has happened with other IDO’s and past ICO’s concerning the high inflation of tokens, due to supply shocks on the market. It is also important to convey some information, firstly that the amount of IAG tokens that you can swap is equal to the number of IAG tokens you had in your wallet at the snapshot, which was taken on the 7th May 2021 at 12.00pm CET. We expect to launch the Iagon shared storage around the end of Q2 or the beginning of Q3. Lots of pressure and hard work are involved, but we are certain the reward waiting at the end of the road is worth it. As you can see, Iagon has put a lot of effort into moving from Ethereum to Cardano.

IAGON’s major aim is to revolutionize the cloud and web services market by offering a decentralized grid ofstorage and processing. Iagon is on a mission to revolutionize the cloud by developing storage and processing platforms where anyone can profit from shared resources. The whole value proposition circles back to the potential of blockchain technology by letting device owners join the storage and processing power grids to create a completely decentralized data cloud and supercomputer. The storagemechanism will be based on Blockchain encryption and delivery of encrypted fle fragments to manystorage facilities. Contributors to the grid can publish their skills and free capacity and offer their service onthe basis of their experience, available resources and storage space and bidding on price.