What is Ice Network?
You may mine (or earn) ice, a new digital currency, from any mobile device.
A rising number of users who want to demonstrate that digital currencies have value and can be applied in a variety of situations have created the community of trust that underpins the ice network.
Users who receive an invitation from a current member can join the Ice network to immediately begin making money and creating their own micro-communities.
The ice project was designed to restore confidence in digital assets and provide a genuine sense of community for people who lack the financial means to mine Bitcoin or who have just missed their chance to participate.
How to earn or mine ice?
You must check in every 24 hours by touching the ice button to start your daily mining session in order to start earning ice.
The mining (earning) rate for you and your team can be increased by mining with your referrals.
You both get a 25% increase on your mining (earning) rate for each friend who checks in at the same time as you.
The base mining (earning) rate begins at 16 ice/h and is cut in half when it hits the first milestone (there is a halving event).
Details of Ice Network halving:
The phrase "halving" in the cryptocurrency industry describes a procedure that lowers the rate at which new coins are issued.
More specifically, halving refers to a decrease in the mining rate.
The payout is reduced by half based on the average daily active miners over the previous seven days from the network's base mining rate of 16 ice per hour.
Who can join Ice Network?
Anyone with an Android or iOS mobile device from anywhere in the world is able to join Ice.
KYC details:
The user must have a valid national ID at the time they claim the ice coins in order to complete the KYC (Know Your Customer) verification process.
You can still mine (earn) ice and claim the coins once your national ID is issued, if you don't yet have one.
Can I mine on numerous devices at the same time?
There is a maximum of one registered device per user at any one time.
If more than one registered device with the same national ID is found during the KYC (Know Your Customer) procedure, only the first registered device will be taken into account, and the other accounts will be locked.
What is Ice used for?
The accumulation phase, which runs from July 7th, 2023, to October 7th, 2024, is where members of Ice build their microcommunities and mine (earn) Ice Coins that they can spend in the following phase.
We at ICE are dedicated to providing our community with value and utility. We will present a number of use cases and decentralized applications (dApps) that will seamlessly connect with ice in Phase 1 of our project. These dApps and use cases will give our community members practical uses and aid in the adoption of our coin.
Phase-2, Mainnet:
The Mainnet will be made available in Phase 2 (October 7, 2024), and members will be able to transmit, receive, exchange, or make payments using ice.
In addition, we are working on ways for retailers to include and accept ice in their brick-and-mortar and online storefronts.
Additional use cases are currently being developed and will be presented throughout Phase 1.
What is the price of ice coin?
When Phase 1 is complete and the currency is placed on exchanges in Phase 2, Ice will receive its market value.
Ice Network: is it a fraud?
With a team of over 20 top engineers, sociologists, and economists working on it for more than a year, Ice is a highly serious project.
The work of our team is very transparently displayed on GitHub.
We have so far spent a sizable sum of money on training and recruiting senior experts who are qualified.
Our dedication to the neighborhood is to keep improving every element of the ecosystem that will support and benefit the project.
How many ice coins are there in circulation?
Since the entire quantity of ice coins depends on a number of variables, including the number of users who have registered, the number of miners who are online, halving events, and bonuses, it is currently unknown until Phase 1 has ended.
How can I Invite friends to Ice Network?
You will get your own referral code once you create an account on Ice, and you can then start inviting your friends right from the app.
You can manage your Tier 1 and Tier 2 micro-community members, sync your contacts, see who is currently on ice, and invite people on the team screen.
Ice is more enjoyable with buddies! Be the first to offer them this chance, and the two of you can earn more and more ice together.
How much ice will I mine in the upcoming session?
The earnings are calculated every hour and displayed on the app's main screen, depending on how many of your invited pals are mining concurrently with you or what extra bonuses you receive.
However, if you go to the profile screen and use the mining calculator, you may estimate.
Does mining require that the app remain online all the time?
No, keeping the app open is not necessary for mining. Mining doesn't use any of the data, computing power, or resources available on your phone, and it doesn't even deplete the battery. Simply check in each day when you open the app to begin a fresh mining session.
You may maintain your streak of check-in (mining) sessions by using the Tap in Advance feature.
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