How To register for ice network
Ice is a new digital currency that you can mine (or earn) from any mobile device.
Ice network is based on a community of trust delivered by a growing number of users who want to prove that digital currencies retain value and can be used in various use cases.
Users can join the Ice network via an invitation from an existing member to start earning & building their own micro-communities right away.
To start earning Ice, you need to check in every 24 hours by tapping the Ice button to begin your daily mining session.
Mining together with your friends can boost the mining (earning) rate for you and your team.
For each friend that checks in at the same time as you, you both receive a 25% bonus on your mining (earning) rate.
The base mining (earning) rate starts from 16 Ice/h and is reduced by half (goes through a halving event) when it reaches the first milestone. Read more about halving.
Anyone from anywhere in the world with an Android or iOS device can join Ice.
The verification process (KYC – Know Your Customer) requires the user to have a valid national ID at the moment they claim the Ice coins.
If you don’t have yet a valid national ID, you can still mine (earn) Ice and claim the coins when your ID is issued.
Is it possible to engage in mining on multiple devices?
You can only have one registered device per person at a time.
If at the verification process (KYC – Know Your Customer) we identify more than one registered device for the same identity, only the first registered device will be taken in consideration, while the other accounts will be locked.
Phase 1 (July 7th, 2023 – October 7th, 2024) is dedicated to accumulation, where the Ice members will grow their micro-communities and mine (earn) Ice coins that they can use starting with next phase.
At Ice, we’re committed to delivering value and utility for our community. In Phase 1 of our project, we will announce several use cases and decentralized applications (dApps) that will fully integrate with Ice. These use cases and dApps will offer real-world applications for our community members and help to drive the adoption of our coin.
In Phase 2 (from October 7th, 2024) the Mainnet will be released and the members will be able to use Ice for sending, receiving, exchanging, or making payments.
More than that, we are developing solutions for merchants to integrate and accept Ice into their retails stores and e-commerce shops.
More use cases are in development right now and will be announced during Phase 1.
Ice will receive its market value when Phase 1 will be finalized and the coin will be listed on exchanges, on Phase 2.
Ice is a very serious project with a team of over 20 senior engineers, sociologists and economists that have been working on since January 2022.
Our team’s work can be seen on GitHub in a very transparent approach.
So far, we have invested a considerable amount of money developing and hiring qualified senior professionals.
Our commitment to the community is to continue developing all the components of the ecosystem that will sustain and give value to the project.
We have signed a partnership with Appdome, a leading security company that protects our app from threats, attacks, mobile fraud, security breaches, mobile malware, cheating and other attacks with ease.
Rest assured, we do not accept fake accounts, bots or any other threats that can interfere with the regular behavior of the app.
The main difference between the three projects is the governance model.
Ice from the outset establishes a governance model where all users have the decision power in the direction the network evolves, where validators will have distributed voting power, thus avoiding concentration in the hands of a few large validators. Find out more here.
Ice brings several new elements such as Tap in Advance, Slashing, Day Off, Resurrection, Extra Bonuses based on activity and many other new features.
Ice puts emphasis on building micro-communities and therefore rewards not only mining simultaneously with those you have invited into the network but also mining simultaneously with your friends’ friends, i.e. Tier 2 users. Find out more here.
Once you register an account on Ice, you will receive your own referral code and you will be able to start inviting your friends directly from the app.
On the team screen you will be able to sync your contacts, see who is already on Ice, who you can invite, and manage your Tier 1 and Tier 2 micro-community members.
Ice is better with friends! Be the first one who offer them this opportunity and earn together more and more Ice.
Depending on the number of your invited friends that are mining simultaneously with you, or the additional bonuses you get, the earnings are calculated each hour and can be seen on the home screen of the app.
However, you can make an estimate if you access the Profile screen where you will find the Mining Calculator.
What happens if a bonus is awarded before the 24-hour validity period of the previous bonus expires?
If a new bonus is granted before the expiration of the previous bonus’s 24-hour validity period, and the user claims it, the previous bonus will be reset and the new bonus will begin its 24-hour validity period.
If you change your phone, you have to download the Ice app again and log in to your new device using the email or phone number you registered previously.
To ensure the stability of the Ice network, we need to reduce the supply of Ice (known as “halving”) to maintain the balance between supply and demand. By reducing the supply of Ice coins, the network can maintain its scarcity and secure the value of Ice held by our users, including yourself.
As an example, halving is a common action that occurs every four years with Bitcoin, and the price of Bitcoin actually increases with each halving. In short, reducing the supply of Ice protects the value of Ice.
Ice rewards users for their trust in the project, especially those who joined when the project was in an earlier stage.
Does mining require to keep the app open all the time?
No, mining does not require keeping the app open. Mining doesn’t consume any of your phone’s resources, data or processing capacity, it doesn’t even drain your battery. Simply open the app every day and check-in to start a new mining session.
The Tap in Advance feature helps you to not lose your check-in (mining) sessions streak.
By keeping your push or email notifications active, you will be able to receive our periodic daily bonuses.
On the days when bonuses are given, between 10:00 – 20:00 you will receive a push notification or email and you’ll have to immediately claim the bonus.
If you do it within the first 15 minutes of the notification you will get the full bonus, and if you claim the bonus in the second quarter of an hour you will get 75% of the bonus. As time passes, after 30 minutes you will only receive 50% of the bonus, and after 45 minutes you will only receive 25% of the bonus.
The Day Bonus is available to be claimed only within 60 minutes after the notification.
Stay tuned and benefit from all bonuses given to our active and engaged users!
The total supply of the Ice coins is based on multiple factors like total registered users, online miners, halving events, and bonuses and thus it cannot be known for the moment until Phase 1 does not end.
The check-in (mining) process
Enjoy the benefits of mining without impacting your phone’s performance or battery life with Ice.
To start earning Ice, you need to check-in every 24 hours by tapping the Ice logo button to begin your daily check-in (mining) session. You will earn the current mining rate/hour for the next 24 hours.
Wonderful!
But it’s not enough!
Get your team to work!
When you and your friends mine together, you’ll both earn a bonus of 25% on your base mining rate.
Let’s say the mining rate is 16 Ice/hour. If you mine simultaneously with a friend you invited, your mining rate will be 16 Ice (mining rate) + 4 Ice (25% bonus) = 20 Ice/hour. Same for your friend!
Amazing!
But that’s not all!
What happens if the 5 friends you invited are mining at the same time as you?
You will earn 16 Ice + (5 friends x 4 Ice) = 36 Ice/hour without consuming any of your phone’s resources!
This is the power of the ice network and the reward for the trust you and your friends have in each other!
The friends you invited are Tier 1 for you and the friends they invited are Tier 2 for you!
This is your network!
This is your micro-community!
In the Ice community, the saying “friends of my friends are my friends” holds true, and you will be rewarded for the activity of your Tier 2 connections. Grow your network and earn even more rewards with Ice.
In addition to all of the above, you will also receive a bonus of 5% of the base mining rate for each friend of a friend invited by you (Tier 2) who is mining simultaneously with you!
Think about the fact that every friend you invite will likely invite 5 or more friends!
Maybe all 25 friends invited by your friends will mine at the same time as you. This means that for each Tier 2 friend, you will receive a 5% mining rate bonus.
If we go with the example above of a 16 Ice/hour mining rate, it means that for each Tier 2 user in your network, you will receive a mining rate bonus of 0.8 Ice/hour.
And if there will be 25 Tier 2 users in your network, you will get another 0.8 x 25 = 20 Ice/hour.
Amazing! Let’s recap!
If you invite five friends who in turn invite five friends and you all mine at the same time, then you will mine at a mining rate of 16 Ice (mining rate) + 5 Tier 1 (friends) x 4 Ice + 25 Tier 2 (friends) x 0.8 Ice = 56 Ice/hour!
The only resource is time: 30 seconds a day (half a minute out of the 1,440 minutes of a day) to tap the Ice button and remind your friends to do the same!
Tap the Ice logo button and start your first 24h check-in (mining) session.
In addition to referral mining bonuses, Ice offers additional bonuses based on user activity. Learn more about these bonuses and how to earn them on our bonuses page.
Tap in advance
Sometimes it can be challenging to tap exactly when the 24-hour mining period is over.
Here is the good news!
You can tap and hold for 1 second the Ice logo button after the first 12 hours of opening the current check-in (mining) session. This way, you will open a new 24-hour check-in (mining) session, and you are sure to continue mining by avoiding any interruptions.
At the end of the current check-in (mining) session, if you didn’t tap to start a new check-in (mining) session and you have a Day Off in your account, then the Day Off will be activated automatically so you won’t lose the streak.
The bonus system is designed to reward your activity and trust in the network.
Every time you check-in by tapping on the Ice logo button together with a Tier 1 friend, you both get a mining bonus of 25%, and when you are mining simultaneously with a Tier 2 member, you both get a 5% mining bonus.
Example:
If the mining rate is 16 Ice/h and your mining bonus is 100%, you will be mining with 32 Ice/h.
In addition to the mining bonuses, we have prepared many other surprise bonuses for you.
The more sustained your activity on the network is, the more rewards you will receive.
Activities Example:
Activity in the App.
Uninterrupted sequences of mining.
Check news and announcements in the app.
Almost every day, extra bonuses are offered. When bonuses are available, all users will receive a push or email notification between the hours of 10:00 and 20:00, letting them know that they can claim the bonus. Users have one hour from the time they receive the notification to claim the bonus. If they log in within 15 minutes of receiving the notification, they will receive the full bonus.
After every 15 minutes, the bonus is reduced by 25%, so that in the last quarter of an hour, only 25% of the bonus will be awarded.
Users who do not claim the bonus within one hour of receiving the notification will not be able to claim the bonus for that day.
The extra bonus has a 24-hour validity period. If a new bonus is granted and claimed before the current one expires, the previous bonus will be reset and the new one will start its 24-hour validity period.
There may also be days when the bonuses are not awarded or days when the value of the bonuses is supplemented.
If you choose to Pre-Stake for 1 to 5 years after the Mainnet launch, then your decision will be rewarded immediately.
From the day you made the decision until the end of Phase 1 and entering the Mainnet, you will benefit from a pre-stake bonus.
This bonus is given to your mining rate.
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