Common Interpretation of ICN: Is Decentralized Cloud Service Infrastructure Feasible? 》 ICN has listed Binance Alpha and Binance Contracts. Please provide a brief interpretation of this project for reference only. 1、 One sentence explanation for ICN ICN is a decentralized cloud service infrastructure. Through a decentralized model, hardware, cloud service providers, and demanders are all connected to the protocol network. On this protocol, you can provide hardware, servers, package services, and verify nodes. In other words, ICN is equivalent to a decentralized "cloud factory" that uses the reward and punishment mechanisms of smart contracts to build a complete and usable cloud infrastructure. 2、 How the project operates As a cloud service assembly line factory, its core logic is to put all the links of traditional cloud services on the chain. Mainly providing hardware, configuring systems, checking systems, as well as builders and smart contract systems. If we use a clearer procedural description, it would be: 1) For example, if you have a high configuration server, you can register it as a ScalerNode (hardware node); Simultaneously install the running program of ICN; The system's supernodes will remotely inspect your machine to ensure its operation or impose penalties. 2) After the above process is completed, if any team wants to deploy AI services/other applications, they can run the scheduled deployment, and the specific time, price, and deposit will be completed by the smart contract. If the node service is stable, ICNT (project token) rewards will be given, and if it does not meet the standards, penalties will also be imposed. In fact, it is equivalent to implementing AWS hardware, billing, service verification, exception penalties, and trust all in the Web3 model, and it is a highly modular approach that links node stability, service quality, and economic benefits. 3、 The core key to project success From a project perspective, this type of pattern does not rely on the markup of a single point of technology, but requires strong resource integration capabilities and the engineering capabilities of blockchain, as it almost completes a massive process of on chain reconstruction at the system level of cloud computing. This emphasizes the need for strong experience in ecological and user operations of the project. Although Kai Wawrzinek, the founder of the project, holds a PhD in law, he has a highly successful entrepreneurial experience and belongs to the business practical faction. The Goodgame Studios established by it has achieved success in both the capital market and the user side, which means that the project itself has mature user and capital operation capabilities, and will greatly assist in the future development of the project. From a financing perspective, although many articles have pointed out that it has raised over 30 million, it seems that there is no clear public announcement. There is no relevant information on multiple financing platforms. But on the official website and account, it is clearly disclosed that the investments of five well-known institutions (including NGP, HV, and other well-known institutions) are trustworthy, which to some extent proves the endorsement of project financing. In addition, its token ICNT is the key to the operation of the entire ecosystem, whether it is Builder, hardware provider, quality inspection, node, reward and punishment, all are settled using ICNT. 4、 Progress and Current Status According to official disclosures, there are currently over 1000+customers using the internet, with over 2.8W+verified active nodes. According to multiple sources, the project has also officially started generating revenue last year, but specific revenue data has not been found. As mentioned in the interview with the project founder, over 95% of digital jobs in the foreseeable future will almost all run on cloud platforms, indicating that the project itself has a strong demand, which determines its upper limit. At present, the project has completed the validation node and will soon launch the main network. This type of project is currently a favorite of the exchange, with a valuation of 470M. Once the project is launched, if we can make some efforts to maintain the coin price, we may be able to replicate the glory of the founder's previous project and even go further. Special note: The above information is from publicly available materials and is not intended as investment advice, DYOR！