IAGON ICO — Hive

What is IAGON?

IAGON is a platform that was created or made of harnessing the storage capacities and computational processing power of multiple computers over a decentralized Blockchain grid. The IAGON utilities enables the users to store big data files and repositories, as well as smaller scales of files, and to carry out complex computational processes such as those needed for artificial intelligence and machine learning operations, within a fully secure and encrypted platform that integrates blockchain, cryptographic and AI technologies in a user-friendly way.

The major aim of IAGON is to revolutionize the cloud and web services market by offering a decentralized grid of storage and processing. By joining the unused storage capacity in servers and personal computers and their processing power, a super-computer and super-data center that can compete with any of the current cloud computing moguls can be created. IAGON also aim at providing companies and individuals a storage and processing services at a fraction of the market prices and at a better security level by connecting data centers, business computers and personal users and utilizing their free storage capacities and their CPU and GPU processors during idle times. As this is implemented or done, IAGON will be able to overcome the entry barriers imposed by the high level of investments which is required to compete in the market.

IAGON Blockchain
IAGON leverages the Blockchain technology to maintain honesty of nodes across IAGON distributed data
mining algorithm. The Blockchain uses SHA256 algorithm of previous blocks to maintain a chain link to its
historical state (in this case data).This allows IAGON to incentivize miners on its platform to process data
honestly and to guard against deliberate manipulation of the data output. Using the Blockchain , IAGON’s
machine learning algorithm can quickly identify if a data output mined from a block is actually a valid part of
the block. This can be achieve within the framework of a simple Blockchain similar to that used by ‘Bitcoin’
by hashing the inputs with the hash of the previous block. Genesis block are created internally within the
private blockchain . The Blockchain presents a unique approach towards sharing data across a decentralized network. The data can be stored, processed and validated by a network of nodes or it can be stored and validated within an internal facility where the processing is outsourced to a decentralized network of nodes . The Blockchain allows consistency to be maintained throughout the entire data structure.

About ICO

The IAG token is the utility token of the Iagon platform. The token sale will commence on May 10th, 2018. 500,000,000 IAG tokens will be generated in total, of which 50% will be available in the crowd sale. The exchange rate is $0.12/IAG token for all the tokens. The soft cap for the project has been set at $30 million and the hard cap has been set at $77 million.

Token information

IAGON manages its economy through the IAGON cryptocurrency that can be purchased through all ETH, bank transfer or credit/debit card. Space or processing power providers will be incentivized by IAGON tokens that are convertible to fiat money. Similarly, the users wishing to consume the available facilities will have to buy IAGON tokens. The pre-sale is scheduled from 2nd April 2018 to 30th April 2018 only for the dragon chain token holders. The crowd sale will begin from 10th May 2018 and will last for 30-60 days depending on the achievement of the decided soft and hard cap. So, gear up fast to not miss out the next disruptive innovation.

The core team of the IAGON project