IDN Network is an open source Layer 2 public blockchain encryption network that supports the deployment of smart contract functions and is compatible with Ethereum. IDN Network is a block explosion mechanism that uses elastic bandwidth networking through the DPOS consensus mechanism. It also has a quantum-resistant algorithm and a blockchain intelligent encryption network with a dynamic encryption layer. The core team members bring together many authoritative experts in the industry, including senior software engineer Jeremy Arnold and security analyst Taylor Rivers.
IDN Network will launch the angel round subscription plan on August 23, 2024 (UTC+8), which will be open to 29 genesis nodes.
Regarding token distribution: the total amount is 210 million, of which 15% is for the initial launch, 40% for node rewards, 25% for ecological construction, 15% for the foundation, and 5% for the technical team. IDN tokens can be issued by communities and individuals across the entire network. An individual can apply for up to 50,000 IDN tokens.
IDN Network obtains basic tokens based on the daily network concurrent block explosion, and the node incentive layer will reward 50% of the daily output of basic tokens for the weight ratio of the entire network voting. Voters who participate in token voting across the entire network can obtain the corresponding IDN tokens produced daily by the node incentive layer based on the weight of the number of votes cast in the entire network.
News schedule: Mainnet launch date 2024.10.25 (UTC+8) public chain launch announcement and network mapping.
The angel round subscription plan is to obtain the corresponding IDN token, use the wallet and participate in the USDT subscription method. Please do not use the exchange address to transfer any tokens directly to the token’s initial address. Otherwise, you need to bear the losses yourself.