SNOW is a long-term incentivized network for cutting-edge development backed by the ICZ token, which has real-world value. SNOW will serve as a 'canary network' for ICE. Supply and other token economic behaviors on SNOW will be the same as ICE, but token distribution will be different in order to support the goals and attributes of the network.
SNOW comes packed with a set of top tier features such as Full EVM and eWASM-compatibility, BTP cross-chain interoperability optimization and the backing of a vibrant L1 community. On SNOW, you can innovate without having to make guesses on tokenomics and game theory. Among other things, SNOW will use a parachain crowdloan to obtain its initial parachain slot on Kusama.
- supporters will receive their entire reward, without any vesting schedule, shortly after the SNOW parachain goes live
- Early Supporter Reward: up to 4 000 extra ICZ per KSM (reward decreases linearly with time)
- 5% ref. bonus
SNOW project has been added on parachains.info
SNOW on Kusama network. SNOW aims to become a community-oriented and crowdloan-funded Kusama parachain that serves as a canary network for ICE, showcasing industry-leading cross-chain applications - all powered by ICON’s BTP.
What is ICZ?
Like many smart contract platforms, the SNOW network requires a utility token to function. The ICZ token is the currency of all applications that are built on SNOW.
Why Build on SNOW?
SNOW offers EVM and eWASM-Compatiblity (SNOW is fully compatible with existing Ethereum development tools like Truffle Suite and MetaMask) and Built-In Interoperability: SNOW supports cross-chain communication across both the internal Kusama ecosystem and ICON's extensive BTP network.
How do SNOW, ICE and the ICON blockchain relate?
SNOW (on Kusama) and ICE (on Polkadot) are a result of the ICON Foundation's vision to build and deploy a new EVM-compatible blockchains that would serve as the application hub for the ICON ecosystem. ICON's flagship interoperability product, named Blockchain Transmission Protocol (BTP), is to be integrated into SNOW and ICE.