
nine_🦇🔊|Jul 05, 2025 01:51
I have reviewed the @ ICN_Protocol of the recently launched contracts on Binance and made a summary:
Project introduction: ICN is building the infrastructure layer of decentralized Internet - a unlicensed, composable cloud platform that integrates storage, computing and network, and has scalability.
Core advantages:
Reflected in its decentralized, high-performance, and low-cost cloud service architecture. Thanks to SLA oracle node technology, ICN can monitor hardware performance and service quality in real-time, ensuring network stability and efficiency. In addition, ICN has operational offices in multiple countries around the world and also has compliance advantages.
Team background: Kai Wawrzinek, co-founder of Goodgame Studios, a Nasdaq listed company.
Token details: Total supply of tokens: 1000000000 (with an initial circulation of 700 million and the remaining 300 million continuously unlocked over time). The opening circulation is estimated to be around 180 million as shown in the figure below.
Additional information on the project:
1. Annual income of 500 million US dollars, with a large number of B-end customers.
2. Node sales revenue exceeds $12 million, indicating high node revenue
3. Financing of 3100w US dollars, high financing
4. Real time operation with over 50PB of storage and over 250PB of reserved orders (mainly from Europe and America), with good storage performance
Personal thoughts:
1. Compared with AETHIR (FDV1.2B, MCAP280M), it is much cheaper
2. The cost of VC is generally between 0.2-0.7, and the cost of nodes is also around 0.7, fully recovering the cost
3. High node sales revenue+VC investment, good project background, can be followed
4. The community mood is not good, and community users and alpha users are walking on Fud. This actually feels like an opportunity, as retail investors have less chips and more room for manipulation at the second level.
Summary: The performance of the token launch is currently decent and has stabilized somewhat. About 0.2-0.3, it should be a good opportunity
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