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Ice Open Network Launches Mainnet with 200 Validators
GlobeNewswire·2025-01-29 07:00

Mainnet Launch and Ecosystem Expansion - Ice Open Network (ION) officially launched its mainnet after reaching 200 validators, doubling the initial target of 100 validators [1][2] - The mainnet launch follows extensive development and testing, accompanied by significant ecosystem growth, resulting in a community of 40 million users [1] - The launch paves the way for ION's anticipated social media platform and decentralized application (dApp) builder [1] Technical Capabilities and Vision - ION's architecture allows horizontal scaling to accommodate billions of users without compromising privacy, security, or transaction processing capacity of millions per second [2] - The framework is designed to decentralize and secure core elements of digital interaction, including user identity, content storage, and social engagement [2] - ION aims to bring 5.5 billion Internet users on-chain through its robust and versatile dApp infrastructure [2] Upcoming Features and Tools - Online+, an integrated social media dApp, will showcase ION's capabilities and serve as a hub for its community and a blueprint for developers [3] - A flagship no-code, drag-and-drop dApp-building tool is set for release in 2025, enabling users of all technical levels to create decentralized applications on ION [3] Network Deployment and Token Migration - The mainnet rollout began in November 2024, accompanied by the deployment of the ION Bridge, facilitating the migration of ICE coin from Binance Smart Chain to ION [4] - Over 15% of the 6.8 billion ICE in circulation has been staked by the network's 200 validators, with the percentage expected to increase as Online+ goes live [4] Company Overview and Mission - ION is a high-performance Layer-1 blockchain focused on privacy, data ownership, and user autonomy, aiming to provide real-world utility for decentralized applications [5] - Founded in 2022, ION serves a dApp ecosystem of over 40 million users and is engineered to process millions of transactions per second while scaling infinitely [6] - The company's mission is to onboard the world to a new, decentralized Internet through intuitive, privacy-preserving user experiences [7]