03.07.2025 11:12

The Impossible Cloud Network (ICN) token, ICNT, makes its debut today on several prominent centralized exchanges. Binance, Kraken, and KuCoin will all list ICNT, following its token generation event (TGE) and mainnet launch.

Binance leads the way, initiating trading on its Alpha and Futures platforms at 10:00 UTC and 13:00 UTC respectively. While the precise timing for its main exchange spot listing remains unannounced, eligible Binance users can acquire ICNT via the Alpha Events page, exchanging Alpha points for an unstated quantity between July 3rd and 4th. Further details on the airdrop mechanics and distribution will follow the commencement of trading. Simultaneously, Bybit, Bitget, Gate, Bitvavo, MEXC, and Bitpanda will also commence ICNT trading.

The mainnet launch is scheduled for 10:00 AM UTC, coinciding with the official TGE, as reported by a press release obtained from internet sources. At launch, a total supply of 700 million ICNT tokens will exist, with 167.22 million tokens initially in circulation.

ICNT's tokenomics reveal a distribution strategy designed for long-term growth and community engagement. A significant portion, approximately 20%, is dedicated to network incentives, rewarding decentralized node operators and storage providers over a four-year period. A phased unlock begins at launch. The core team holds 22.1%, subject to a one-year vesting cliff followed by a two-year linear vesting schedule. Investors also hold a substantial 21.5%, similarly locked with a prolonged vesting period. Furthermore, 10% is reserved for ecosystem development, fostering grants and protocol expansion, while 11% supports partnerships and community initiatives, including future airdrops. The remaining 5.4% is allocated to the development company, with additional details pending.