This is a screening of the crypto project Impossible Cloud Network. See Screenings for more information.
Impossible Cloud Network ($ICNT)
High performance storage and compute DePIN with good business focus.
Verdict: GOOD
- System architecture makes sense, and the network is up and running.
- Accomplished team, experienced both in business and tech.
- Project is new, has not had a hype cycle yet.
Details
As of 2025-12-27:
- MC: 72.5M
- FDMC: 303.6M
- Price history: 2025-07-03
- ATH: 2025-07-03
- ATL: 2025-10-10
- From ATH: -29.8%
- From ATL: 351%
- Chains: Ethereum, Base
https://coinmarketcap.com/currencies/impossible-cloud-network/
Links
- Website: https://www.icn.global/
- Docs: https://docs.icn.global/
- Whitepaper: https://console.impossiblecloud.com/static/icn/whitepaper.pdf
- Network status: https://console.icn.global/
Product
This is based on their whitepaper, version 1.0, dated July 2025.
Impossible Cloud Network is a DePIN for high-performance storage and compute. Essentially a decentralized competitor to AWS et al.
Several abstraction layers create a modular system, with hardware providers at the bottom, service builders and providers in the middle, and end users at the top. This setup in combination with staking and slashing at the hardware providers’ level makes it possible to offer end users performance and uptime guarantees (SLAs), something that has been critically lacking in prior networks.
A network of monitoring nodes ensure that hardware providers are meeting their requirements, writing proofs to a 3rd party blockchain (Ethereum right now, will likely expand to other chains in the future.)
Started in April 2024, mainnet launched July 2025.
As of writing, they have 127 “ScalerNodes” (hardware providers) and 21 “HyperNodes” (monitoring nodes) in their network. The ScalerNodes are concentrated in central Europe and New York, while the HyperNodes are spread across all continents.
The whitepaper is good. The documentation page is good, too.
Token
Token $ICNT has two main functions:
- Staked by hardware providers to offer their services.
- Used as payment for end users to buy access to hardware.
In the future, a burning mechanism may be introduced.
The token is live on Ethereum and Base, but the system is designed to be blockchain agnostic, and will likely expand to other chains in the future.
Token was launched in July 2025. Investor and team tokens make up 40% of supply. They are locked for 12 months, and then unlock linearly over the following 24 months. By month 36 after TGE, most tokens are unlocked.
Team
Team checks out. Seems good on both business and tech.
Kai Wawrzinek. Co-founder and CEO. Entrepreneur. Started a gaming studio in Germany and took their most popular game to >$1B in revenue. Reverse merged with Stillfront AB, where he served as board member until 2022. PhD in law. https://www.linkedin.com/in/dr-kai-wawrzinek/
Thomas Demoor. CTO. Co-author on 20+ patents on S3-compat object storage and distributed file systems. Ex. Western Digital. Masters in computer science, PhD in engineering. https://www.linkedin.com/in/thodemoor/
Community
They are active on X, but that’s pretty much it. They don’t seem to be very focused on building a community, but instead go for a more b2b approach.
X
- Followers: 178.3k
- Activity: Several posts per week, low engagement.
Telegram
- Members: 25k
- Telegram activity: Announcements only.
YouTube
https://www.youtube.com/@ICN_Protocol
- Subscribers: 300
- Activity: Not active since 5 months back.