IAGON is an open source platform making use of storage capacities and processing power of multiple computers through blockchain technology. The IAGON main goal is to explore the cloud and web services market by offering a decentralised grid of storage and processing at a better security level. Customers using the IAGON’s platform will be connected to multiple producers to use Smart Computing Grid fulfilling the demand for the necessary resource, then it transfers the free resources to customers in need (CPU & GPU process power and storage space) benefiting the miners offering processing power and storage capacity to the grid.
The IAG token is an Ethereum-based utility token used to purchase cloud & processing services and also to reward the participants for allocating computing resources.
IAGON ICO began on July 7th, 2018. The ICO token supply represents 70% of the total token supply, so there is a total of 700,000,000 tokens available, for 0.12 USD each. The ICO funding target is 5,000 ETH, the funding cap is 50,000 ETH and is expected to end on October 5th, 2018 or when the funding cap is reached.
Token Reserve Split (30%):