What is IAGON (IAG)?

Standing out as a decentralized marketplace, IAGON (IAG) enables users and organizations to access data storage and computing power easily, securely, and transparently. Focusing on data privacy and security, this platform aims to transform digital infrastructure. Built on the Cardano blockchain, IAGON brings together unused storage and computing resources from individuals to data centers in a broad network. So, what is IAGON, how does it work, and why is it important? Let’s dive in!

What is IAGON (IAG)?

IAGON (IAG) is a blockchain platform that offers storage and computing resources in a decentralized marketplace. IAG tokens serve as the core payment and reward mechanism, enabling users to access data storage and processing services. Aiming to reduce dependency on centralized cloud services, IAGON allows individuals and businesses to maintain control over their data while providing a transparent and cost-effective ecosystem. Initially developed for secure storage of healthcare data, the platform has evolved into a solution for all industries. Growing through projects in Australia, Europe, and Asia, IAGON operates with Cardano’s eco-friendly Ouroboros consensus mechanism, promising a sustainable future.

IAGON (IAG) Key Features

IAGON offers innovative features in the storage and computing world:

Decentralized Storage and Computing

Data is distributed across a global node network instead of centralized servers, ensuring high availability and redundancy.

Secure Data Storage

With Secure Lake technology, data is encrypted, sharded, and randomly distributed, preventing data breaches.

Data Privacy and Compliance

Users can choose where their data is stored and how it is processed, ensuring compliance with regulations like GDPR and LGPD.

Transparent and Permissionless System

Anyone can join the platform without intermediaries, and transactions are transparent and reliable.

Eco-Friendly Technology

Operates with Cardano’s energy-efficient Ouroboros protocol, consuming four million times less energy than Bitcoin.

Reward System

Node operators are rewarded with IAG and ADA tokens for sharing storage and computing resources.

Flexible Applications

Offers a wide range of services, including web hosting, secure messaging (Volo), multi-sender (Multisender), and multi-signature (Multisig).

How Does IAGON (IAG) Work?

IAGON operates the decentralized storage and computing marketplace as follows:

1. Node Network Participation: Anyone with excess storage or computing capacity can become a node operator. Nodes are easily set up using IAGON’s CLI software.

2. Data Storage: Users upload files; data is encrypted, sharded, and distributed across the network’s nodes. Secure Lake technology enhances data security.

3. Computing Tasks: IAGON Compute distributes users’ tasks to nodes in the network, optimizing processing power.

4. Rewarding: Node operators are rewarded with IAG and ADA tokens based on their provided resources, calculated using metrics like performance and uptime.

5. User Control: Users can choose where their data is stored and transparently track their transactions.

6. Web Hosting and Applications: IAGON offers decentralized web hosting, Volo (encrypted messaging), and LedgerFlow (Multisender and Multisig) services.

7. Staking and Governance: IAG token holders can stake to earn rewards and shape the ecosystem’s direction through the Voting Power system.

IAGON (IAG) Benefits to Stakeholders

• Users: Gain access to low-cost, secure, and transparent storage/computing services.

• Node Operators: Earn income by sharing unused storage and processing power.

• Developers: Can build innovative applications using the decentralized infrastructure.

• Communities: Contribute to the platform’s future through the Voting Power system, ensuring transparent governance.

IAGON (IAG) Tokenomics

IAGON operates with IAG tokens on the Cardano blockchain:

• Token Name: IAGON (IAG)

• Token Type: Cardano Native Token

• Total Supply: 1,000,000,000 IAG

• Supply Distribution:

  • Community Incentives: 46.5% (465 million IAG)

  • Development: 11.2% (112 million IAG)

  • Team: 8.5% (85 million IAG, locked until October 2025)

  • Seed Round: 4.5% (45 million IAG)

  • IOD Round: 0.5% (5 million IAG)

  • Other: 4.5% (45 million IAG)

  • Advisory & Marketing: 6% (60 million IAG)

  • Private & Strategic Sale: 9% (90 million IAG)

  • Liquidity: 7.5% (75 million IAG)

• Use Cases:

  • Platform Access: IAG tokens provide access to storage and computing services.

  • Rewards: Node operators and stakers are rewarded with IAG and ADA.

  • Governance: Participation in community decisions through the Voting Power system.

  • Incentives: LSPO and referral programs encourage community engagement.

IAGON (IAG) Investors and Partners

IAGON has strong investor backing, having raised $3.4 million:

• Tier 2: GBV Capital, Genblock Capital

• Tier 3: AU21 Capital, x21 Digital, Faculty Group, PANONY, CinchBlock, BH Digital, TrustDao Capital

• Tier 4: LedgerLink Labs, Alphabit Digital Currency Fund, Launchpool, Next Chymia, Blockchain Israel

• Tier 5: Kirin Fund, Coins Capital

The platform collaborates with Cardano ecosystem projects like Saturn Swap, Nuvola, and House of Titans, and provides transparent wallet management with ADA Handle.

IAGON (IAG) Team

IAGON is led by an experienced team:

• Navjit Dhaliwal (Founder and CEO): A leader in blockchain and technology ventures.

• Claudio Lima (Co-Founder): Expert in strategic vision and business development.

• Elad Harison (Chief Architect and COO): Specialist in technical infrastructure and operations.

Official Links

• Website
• X (Twitter)
• Whitepaper

 

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