Impossible Cloud Network Token (ICNT): AI cloud protocol with over $7M in ARR
From its early days, the crypto ecosystem has been built on the core principles of decentralization and resistance to censorship. This traditionally required distributing blockchain data geographically, with nodes set up across the globe. Since this is a complex process that demands both a large and diverse community, many newer chains are turning to centralized cloud-based solutions such as AWS as an easier alternative. However, these centralized platforms are not only misaligned with crypto ethos, but they’re often costlier as compared to their decentralized counterparts.
Impossible Cloud Network (ICN) aims to address this problem by combining the power of decentralization with enterprise-grade cloud performance. Its innovative approach aims to power the next generation of blockchain, AI and the wider internet. This article will take a close look at ICN, consider its benefits for web3 and share how users can buy and sell its token, ICNT.
Key Takeaways:
ICN offers a decentralized alternative to AWS, delivering enterprise-grade cloud storage, compute power and networking tailored for AI and web3 applications.
The ICNT token powers the ICN ecosystem, creating a self-sustaining economic model through real-world revenue and crypto incentives.
With over $7 million in annual recurring revenue (ARR), more than 1,000 enterprise clients and backing from major investors, ICN has achieved traction in real-world adoption.
What is Impossible Cloud Network?
Impossible Cloud Network is an open and permissionless decentralized cloud ecosystem designed to meet the performance and scalability demands of modern applications. ICN’s core mission is to provide a decentralized alternative to centralized platforms such as AWS by offering cloud storage, computing and networking services.
While other web3 projects have offered similar services, what sets ICN apart is its enterprise-grade quality, which is achieved through partnerships with vetted data centers across over 140 countries. This allows the project to support critical applications in AI, gaming and other high-demand web3 and Web 2.0 use cases.
Founders of Impossible Cloud Network
ICN is led by a team with a proven track record in building unicorn companies. CEO and co-founder Kai Wawrzinek has previously worked as the CEO of Goodgame Studios, where he scaled the company to more than $1 billion in revenue. Other co-founders are Dr. Christian Kaul, who serves as COO, and Daniel Baker, CTO.
Key investors and strategic backing
Source: Impossible Cloud Network
To date, ICN has secured $34 million in venture funding from top-tier investors including 1kx, Protocol Labs, No Limit Holdings (NLH), HV Capital and NGP Capital, which also funded the successful Helium DePin project.
Most notably, NGP Capital's recent investment round valued ICN at an impressive $470 million, which underscores the strong market confidence in ICN’s growth potential.
ICN ecosystem and market valuation
What sets ICN apart from many other web3 projects is that its potential isn’t just on paper. The project has over 1,000 enterprise clients and generates over $7 million in annual revenue. It recorded 2,000% year-over-year growth, supported by over 29,000 active nodes across 140 countries. Additionally, the project also has over 80 petabytes of active storage in Europe and the US, and more than 250 petabytes are anticipated through its global pipeline.
Role and utility of the ICNT token
Like most web3 projects, the ICN ecosystem revolves around its token, ICNT, a utility asset designed to incentivize participation, maintain network integrity and link real-world revenue to the token’s economy. The token’s main purposes include the following:
Staking ICNT through HyperNodes and scaler nodes to secure the network and earn rewards
Voting on future protocol upgrades and decisions through built-in governance mechanisms
Using the ICNT token to pay for cloud services and compensate hardware providers
Additionally, the project employs a hybrid fiat-to-crypto model whereby enterprise customers pay in fiat, and ICN uses a portion of that revenue to buy ICNT on the open market and distribute tokens to storage and compute providers. This creates sustainable, recurring demand for ICNT and strengthens its long-term value proposition.
Where to buy ICNT tokens
On Jun 27, 2025, Bybit announced the listing of ICNT tokens on its Spot trading platform, with trading for the ICNT/USDT pair going live on Jul 3, 2025. Users can deposit the token starting from July 2, ahead of the trading launch, while withdrawals will be available from July 4, 2025.
How to trade ICNT on Bybit
Impossible Cloud Network offers a real-world use case that has the potential to change the way we interact with both web3 and Web 2.0 platforms. With proven revenue, scalable architecture and enterprise adoption, ICN sets itself apart from other projects by operating a functioning business built for scale. For users interested in trading or investing in ICNT, here’s how to get started:
Log in to or register for your Bybit account.
Deposit crypto or fiat into your Unified Trading Account.
Visit the ICNT/USDT Bybit Spot trading page to start trading.
Start trading ICNT with Bybit today!
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