ice Network launches innovative decentralized social crypto project on April 4, 2023
New York –News Direct– 500NewsWire
New York, March 24, 2023 (500NewsWire) –– The official launch of the ice Network, a decentralized social crypto project with the goal of promoting community, trust and transparency in the financial system, is set for April 4, 2023, at 04:04 GMT+4. Ice Network seeks to transform the world of decentralized networks and digital currencies with a distinctive combination of features and guiding ideas.
The incentive system that honors users who contribute to the expansion and development of the network is one of ice Network’s primary characteristics. Unlike previous cryptocurrency projects, ice Network compensates users who actively participate in the network with cutting-edge features such as Slashing, Day Off, Bonuses and Resurrection.
Slashing is a special feature of the ice Network that sets it apart from other cryptocurrency projects. A user will eventually lose coins from their balance through progressive slashing if they are inactive and do not start a new mining session by pressing the ice logo button. The user will lose all coins acquired during the previous 30 days of action during the first 30 days of idleness. For this loss, an hourly proportional distribution will apply. The user loses any remaining coins in the balance from day 31 through day 60 of inactivity. However, any lost coins will be added back to the balance if the user starts a new mining session and chooses to enable the resurrection option. The resurrection option will no longer be available and all earned coins will be lost if the user does not log into the application for two months.
Building microcommunities and mining simultaneously with others they have invited to the network and friends of friends is another way ice Network pays its users (Tier 2 users).
Another distinctive element that sets the ice network apart from other cryptocurrency initiatives is its governance structure. The future of the project is decided by the community, including how money will be distributed and which validators will be admitted to the network.
ice Network is completely open source and values trust and transparency. On April 4, 2023, anyone interested in the project can download it via the App Store, Play Store and Huawei AppGallery.
“Without spending money, we believe that independence can be achieved through trust and patience alone. To uphold these ideals and provide our users with a fair and rewarding platform, ice Network was founded ” said an ice Network representative.
ice Network welcomes everyone to join its growing community and expects to reach over 1 million users within the first month.
About ice Network:
ice is the latest digital currency that you can mine for free using your phone. Be part of a decentralized community where regular users like yourself, mine, own and operate the currency. Become a part of the iceNetwork by getting the app now and join the ice movement! ice will be officially available for download on April 4, 2023
Learn more about ice Network at iceNetwork, Twitter and YouTube.
Contact information
iceNetwork
See the source version on newsdirect.com:
