ICBX Token

ICBX Token Utility and Tokenomics

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

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.

As the ICB Network evolves, so does the utility of ICBX โ€” 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) Intended to be distributed over several phases or rounds to promote a fair and decentralized launch.

Team: 10% (10B tokens) Allocated for core contributors with long-term vesting schedules to ensure alignment with the projectโ€™s future.

Advisors: 5% (5B tokens) Reserved for strategic advisors supporting project growth and development.

Ecosystem Development Fund: 30% (30B tokens) Used to support partnerships, integrations, grants, developer programs, and dApp growth.

Reserve Fund: 5% (5B tokens) Maintained as a strategic reserve for future needs or unforeseen opportunities.

Staking Rewards: 12% (12B tokens) Allocated to incentivize validator participation and network security over time.

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

Network Fee

Every time a user interacts with the ICB Networkโ€”whether by sending a transaction, deploying a smart contract, or using a decentralized applicationโ€”a small network fee, also known as gas, is required. These fees are essential for maintaining the networkโ€™s performance and security.

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.

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.

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