# ICBX Token

## ICBX Token Utility and Tokenomics

&#x20;         **ICBX** is the native utility token of the **ICB Network**. It plays a central role in powering and securing the ecosystem, serving multiple purposes across network operations. ICBX is used to:

* Pay for transaction fees
* Stake assets to support consensus
* Run validator nodes
* Participate in on-chain governance

&#x20;         Beyond its core functions, **ICBX** also enables access to decentralized applications built on the network and acts as an incentive mechanism to reward contributors and strengthen network security.

&#x20;         As the **ICB** **Network** evolves, so does the utility of **ICBX** — driving innovation and supporting the sustainable growth of the ecosystem. Holding **ICBX** not only grants access to network services but also provides a voice in shaping its future direction.

## Tokenomics

* **Total Supply**: 100,000,000,000 ICBX (100B)

## **Allocation Breakdown**

**Public Distribution: 35% (35B tokens)**\
&#x20;         Intended to be distributed over several phases or rounds to promote a fair and decentralized launch.

**Team: 10% (10B tokens)**\
&#x20;         Allocated for core contributors with long-term vesting schedules to ensure alignment with the project’s future.

**Advisors: 5% (5B tokens)**\
&#x20;         Reserved for strategic advisors supporting project growth and development.

**Ecosystem Development Fund: 30% (30B tokens)**\
&#x20;         Used to support partnerships, integrations, grants, developer programs, and dApp growth.

**Reserve Fund: 5% (5B tokens)**\
&#x20;         Maintained as a strategic reserve for future needs or unforeseen opportunities.

**Staking Rewards: 12% (12B tokens)**\
&#x20;         Allocated to incentivize validator participation and network security over time.

**Community Grants & Airdrops: 3% (3B tokens)**\
&#x20;         Distributed to early adopters, contributors, and community participants through events and programs.

<figure><img src="/files/GMxotbUa02caSdgiaKTx" alt=""><figcaption></figcaption></figure>

## Network Fee

&#x20;         Every time a user interacts with the **ICB Network**—whether by sending a transaction, deploying a smart contract, or using a decentralized application—a small network fee, also known as gas, is required. These fees are essential for maintaining the network’s performance and security.

&#x20;         The gas fees collected are distributed among active validators, creating a fair and incentivized ecosystem. Each validator receives a proportional share of the fees based on their participation.

&#x20;         This fee structure not only supports the long-term sustainability of the network, but also promotes decentralization by aligning incentives among users, validators, and token holders.<br>


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