Fifteen new exchange listings for the ICE token? Multi-chain developments for the Ice Open Network? The upcoming ION mainnet launch? Zeus, founder of Ice Open Network, and Robert, CPO at Ice Open Network, shared with over 20,000 attendees at the AMA session at LetsExchange Spaces these and other insights into how their innovative drag-and-drop platform will boost the crypto industry.
We also had Edwin from PiChain Mall, who discussed how ICE is revolutionizing e-commerce with borderless payments. Here’s a quick recap of the key moments.
Mark from LetsExchange: Robert, how was this week for you? What exciting or interesting news was on your part?
Robert: The biggest news of the week was around ICE. We have announced 15 new exchange listings for this Friday. And still, a lot of surprises are coming up. There are still a lot of developments that we have done under the hood within the last weeks, last months. Also, there has been a big increase in terms of transaction volume for the ICE token. Currently, we are in the top 200 coins in terms of volume, which shows the interest from traders, investors, and everyone interested in the Ice project. It's been a great last few weeks. The entire team has been working a lot, preparing everything for the mainnet to build partnerships and develop relations with the exchanges. And, as everyone can see, the results are here.
Mark from LetsExchange: Ice Open Network was the top trending search in CoinGecko for those who don't know. Zeus, how are you doing today?
Zeus: Hello, everybody! It's a busy week for us. We had a lot of things to prepare. We also have a lot of announcements in the pipeline. We are also preparing for next week as we have other things to release and announce. We did a tweet a couple of days ago saying that we're going to announce something huge next week and that we're going multi-chain. It's awesome! Things are going well. We also increased the team. We got around 35 people on the team right now, some really strong developers. We're just preparing things, building the product for the mainnet, and preparing for the next bull run.
Mark from LetsExchange: Can we talk a bit about the partnership with Sunwaves Festival? Can you explain this collaboration and how it came to life?
Robert: Yeah, sure. So, for those who don't know about Sunwaves, it's one of the biggest festivals here in Europe, or actually in the world, about electronic music. They started the journey in 2007; like every festival, 5,000 attendees in the first edition, and now even 150,000 participants. They already hosted 34 worldwide editions. There was a point in their journey when they decided to look more into the blockchain world. The collaboration with our startup program wasn't their first step here. They actually had excellent knowledge about the industry because, in 2022, they released an NFT collection on the Elrond blockchain. They had a collection of 5,000 NFTs, which they sold out.
But they applied for the startup program. Together, with their previous blockchain experience, we tried to understand what would be the applicability on their side from everything blockchain related and the Ice Open Network perspective. It was great to understand their vision of the entire ecosystem. So, they saw the value of integrating with the ION blockchain in specific areas. For example, one of those would be the ticketing system; that was something that they wanted to improve. They were looking to have a secure, transparent environment where they don't have issues with ticket fraud or anything related.
Another thing that they presented to us was related to the scalability of our blockchain and its speed, which was on-site transactions. They were interested in having a better flow of the events in terms of on-site acquisitions, like people buying beverages, food, or any kind of extras, like merchandise. Speed was essential for them because they wanted to have a good flow; people flow and don't have queues. It was great to understand their vision regarding sustainability and anything related. So, we moved forward with it.
Mark from LetsExchange: Also, we have a surprise guest joining, the CEO of the PiChain Mall. His name is Edwin.
Edwin: Hello, everyone! It's great to be here with Ice Open Network and LetsExchange. It's been a while since we announced our previous partnerships with the Ice Open Network, and they have been working very hard towards the mainnet of the ION blockchain. So, we are pretty much excited about it. We also believe that having cryptos together with the e-commerce industry would be a fascinating turning point for the crypto industry and the Web2 world, as this would bring a lot of traditional users into the blockchain.
Mark from LetsExchange: PiChain is the major player in decentralized commerce. So how does integration with ICE help streamline the shopping experience for users? And what are the advantages they have over traditional payment methods?
Edwin: There are actually a lot of advantages for both merchants and buyers. When buyers go on a website, they look for products in other countries, and sometimes they don't have those payment methods; it's not supported, or they may have to transfer those currencies. But with cryptos enabled, we can transfer the payment borderless and at very high speeds, as we know that the ION blockchain supports very high throughput and low transaction fees. So, compared to other cryptos, it really helps to speed up all the transactions.
And for merchants, some of them are traditional; they are not exposed to crypto. But imagine if they can use the platforms to attract Web3 users; this can boost their sales because we know that a lot of projects, especially for apps like PiChain Global or Ice Open Network, have a vast community. If all these users join those platforms, it would boost a lot of sales and increase exposure to their products. It's a massive incentive for those merchants or sellers.
Nadine: How have you managed to do so many listings simultaneously? It's super cool!
Robert: Well, we believe we are one of the luckiest projects in the blockchain industry. We've been bombarded by the exchanges with getting listed. Exchanges started to contact us and get in touch with us as they saw that we have a perfect community, an active community. We already launched projects under the ecosystem way before the mainnet launch. They probably know the potential as we see it in the Ice Open Network. We also believe this is a very good moment to do the listings in preparation for the mainnet.
Mark from LetsExchange: We talked a bit about the ION mainnet launch. It's one of the most popular questions that we get from the community, and, in general, it's a big event for the Ice Open Network ecosystem. So, can you tell the key benefits for users and developers in the ION mainnet?
Zeus: What we are building with the ION mainnet is slightly different, and we have a different approach than other projects. We saw a lot of good projects with outstanding technology, but they lacked the users. We started by building a big community before releasing the mainnet, the product, and everything else to have a higher success rate.
Now, another thing that we are doing differently is that we are not just building protocols or building a blockchain platform. We are also building something never built before for the web industry. A regular user without coding experience can build applications using a simple drag-and-drop interface in this front-end framework. Each of the applications will be cross-platform. That means you will get an Android, iOS, tablet, and mobile application. You will get a web application so you can access it from a browser, and you will also get applications for Windows, Mac, and Linux like native ones.
So, imagine anybody, influencers, artists, you own a business, a project, or whatever industry you are in. You can use our platform to build your chat application, your social application, and your wallet application, you can access other DApps. It's multi-chain as well. We are going to support over 17 chains from the beginning, so you will be able to interact not only within the ION ecosystem but also with Ethereum and other chains. So, we believe this is something very unique in the industry.
Question from community members: How does the Ice Network team ensure that every project built on its network promotes the value of the ICE token?
Zeus: When you build something on a specific blockchain, by default, it helps the ecosystem as well with marketing, with people knowing more about that specific ecosystem. That's why we believe the ION startup program will help increase awareness about the ION ecosystem. Also, no other project on the market right now gives full support to projects that are launching under their ecosystem. So, this is a bit different.
Question from community member: What is the expected TPS for ION?
Zeus: So the ION, in theory, can handle over 1 million transactions per second, so it's going to be one of the largest.
Mark from LetsExchange: You know where you can trade ICE, more than 15 or 20. I don't know how many exchanges there are, but you can also do it on LetsExchange. Nadine, can you tell our listeners what is possible to do on LetsExchange with the ICE token?
Nadine: You can do a lot! You can keep them and wait while they increase in price or use them in governance. You can also swap ICE for any other token. We support 5,000 assets that you can swap to ICE. As I now see the chart of ICE, I will swap any of my tokens to ICE. I see that ICE has already done x5 from our previous AMA session!