Iagon ICO Review: A One-stop Solution For Decentralized Cloud-based Services

.

The world’s evolution into the next tech plane requires a huge amount of computational power to crunch through the ever-increasing stream of data.

As more and more IoT, Big Data, and AI-enabled devices come online worldwide and create an expansive grid of connected networks, the need for super-computational machines becomes clear.

Join our Telegram group

Iagon enters the technological field offering an innovative, blockchain-based solution to the world’s rising computational needs.

Iagon: monetizing processing power through the blockchain

It is an inescapable fact that more data requires additional processing power.

Currently, the world’s processing capabilities are finite. This restricts change and evolution. Iagon proposes a global, decentralized, cloud-enabled storage and processing grid powered by blockchain technology. This solution will cater for the steadily rising demand for storage and computational power, by taking advantage of unused capacity in servers and personal computers worldwide.

The benefits of this approach are multi-faceted. It will dramatically cut prices by disrupting the current Cloud storage and processing monopoly held by just industry players, for example.

And it will also enable the monetization of storage capacity that users worldwide may not use otherwise.

If the ICO goes according to plan, the Iagon Mainnet will launch during Q1 2019.

Iagon in figures & quick facts

  • Token name – IAG
  • Total tokens issued – 700m
  • Total tokens available during pre-sale – 200m
  • Total tokens available during token sale – 500m
  • Token price (during pre-sale) – See below:

$0.06 per IAG token – for contribution > 25 ETH
$0.07 per IAG token – for contribution > 10 ETH
$0.08 per IAG token – for contribution > 5 ETH
$0.09 per IAG token – for contribution > 0.1 ETH

  • Token price (during token sale) – 1 IAG = $0.12
  • Pre-sale start date – May 27th, 2018
  • Token sale start date – July 7th, 2018
  • Soft cap – $5m
  • Hard cap – $50m

Notes:

  • ETH is the only payment method accepted.
  • ETH price is pegged at $1,000.

The Iagon token

The Iagon token (IAG) will be based on the ERC-20 standard and distributed as follows:

  • Pre-sale – 20%
  • Token sale – 50%
  • Team – 10%
  • Advisors & Bounty Hunters – 10%
  • Development – 10%

Referral program

Iagon runs a referral program. Consult the whitepaper for more details.

Social media presence and digital footprint

At time of press:

  • Twitter – 4.5k followers
  • Facebook – 33k followers
  • Telegram – 26.1k followers
  • Instagram – 552 followers
  • LinkedIn – 517 followers
  • Youtube – 232 followers
  • Steemit – 0 followers

Competition

Cloud storage solutions are plentiful on the blockchain. Universal Labs, Cryptyk, Honor, and many others offer such services.

Still, because of the rising trend of processing power needs across the world, the more storage and computational power solutions that exist may be the best solution to the challenge.

Read Iagon review on ICOBench.

Consult Iagon’s Whitepaper for more information about the platform, additional features and services, etc.

Conclusion

Iagon offers a technologically innovative – and clever – solution to the problem of increased computational and storage power demand worldwide.

Platform users will be able to monetize unused computer capacity, enabling the creation of a global storage and processing grid that can compete against the established industry players and disrupt their stranglehold in the business.

Stay up to date on crypto news!

Sign up for our newsletter for all the hottest crypto stories, ICO reviews, and insights from leading experts of the crypto world - four times a week.

You have been signed up!