Impossible Cloud Network Unveils Strategic Roadmap for Decentralized Cloud Platform

Hamburg, Germany, July 23rd, 2024

Revolutionizing Decentralized Cloud Services through Real-World Demand

Impossible Cloud Network (ICN) is making strides in the decentralized cloud ecosystem with a newly unveiled roadmap for an open, multi-service platform. Positioning itself as a competitor to major players like AWS, GCP, and Microsoft Azure, ICN integrates hardware providers, service providers, and monitoring nodes via its proprietary protocol.

The ICN protocol aims to create a balanced marketplace that optimizes supply and demand, ensuring that scalability can be achieved efficiently with minimal subsidies. Its architecture comprises scalable hardware, innovative services that can be combined for customized solutions, and a monitoring system designed to build trust. ICN plans to offer a wide range of cloud services, including storage and GPU computing, ensuring a comprehensive array of solutions for various business needs. With Impossible Cloud GmbH as its first service provider, the platform has demonstrated its ability to generate revenue by delivering reliable services that meet industry standards.

ICN has successfully raised €17 million in funding from notable Web3 and Web2 investors, reinforcing its credibility in the industry.

Launch of the New Litepaper

The ICN Litepaper has been released, providing an extensive overview of the network’s vision and development strategy. The document details technical and strategic milestones essential to the platform’s growth, including key features, architectural design, and future aspirations. A crucial aspect of the Litepaper focuses on SLA Oracles, which are vital for monitoring and ensuring the network’s performance and reliability for business clients.

Kai Wawrzinek, CEO and Founder of ICN, commented on the company’s innovative structure:
"Our architecture employs a multi-layered approach. The Hardware Layer ensures outstanding scalability through decentralized contributions. The Service Layer enables composability for open-source integrations, while the Monitoring Layer, which consists of SLA Oracle nodes, creates a trusted environment with verifiable proofs addressing the DePIN verification challenge."

Key Partnerships and Milestones

Recently, ICN has played an instrumental role in founding the DePIN Association, alongside other significant members like peaq, IoTeX, and DePIN Hub. This association is dedicated to driving the expansion and adoption of DePIN through educational initiatives, events, and strategic partnerships. Furthermore, ICN has established alliances with top hardware manufacturers such as Supermicro and innovative DePIN projects like Witness Chain.

At a recent keynote address at EthCC, ICN showcased its groundbreaking solutions and strategic vision for the future of decentralized cloud computing. During the event, ICN emphasized its commitment to cultivating a robust ecosystem through its partnerships. Christian Kaul, COO and Co-Founder, expressed enthusiasm about the company’s future:
"We are excited to share our vision at EthCC, and we believe our innovative approach will set new benchmarks in the cloud services sector. The strength of our ecosystem is vital as we collaborate to transform the open cloud landscape and create a mutually beneficial platform for innovation."

These developments reflect significant backing from the Web3 and DePIN communities, emphasizing ICN’s ability to foster real-world connections and advance decentralized projects in the industry. ICN encourages visionary projects, developers, and investors to join in its mission to reshape the cloud services landscape.

About ICN

Impossible Cloud Network (ICN) is a decentralized cloud platform that connects enterprise-grade hardware with cloud service providers, utilizing SLA oracles to guarantee optimal performance and service quality. With numerous service providers already leveraging the platform and a growing base of business customers, ICN is proving its capability in terms of reliability and performance.

For media inquiries, please reach out to:

Sara Teixeira
Web3 Marketing Executive
Impossible Cloud GmbH
Email: [email protected]