The project features IAGON Agora, a public file management system integrated with the Cardano Blockchain, offering a decentralized data storage solution. Agora boasts features such as file management, community moderation, discussion boards, and a reward system involving the IAG token and Agora Reputation Score (ARS) points.

IAGON token

The IAG Token, initially launched as an ERC token, migrated to the Cardano network to address scaling issues. The token operates as a multifaceted utility within the IAGON ecosystem, serving purposes like staking rewards, incentivizing providers, funding development, and acting as a primary medium for payment and rewards on the platform.

IAGON's future development includes evolving Agora into a full-fledged NFT marketplace, allowing users to buy and sell content while preserving pseudo-anonymity. The project also introduces a Self-Sovereign Pseudonymous Reputational Model, leveraging non-transferable tokens and dynamic content NFTs to gather, utilize, and disseminate information about pseudonymous users.

Additionally, IAGON offers LedgerFlow, an innovative project within the Cardano ecosystem, providing essential features like Multisender and Multisignature capabilities. Multisender streamlines the process of sending multiple assets to multiple recipients simultaneously, while Multisignature enhances wallet and transaction security through collaborative management.

Decentralized webhosting

In the realm of decentralized web hosting, IAGON aims to provide a reliable and scalable solution by leveraging its decentralized storage network. The system ensures redundancy, security, and efficient data retrieval, aligning with the future of trustless and transparent web hosting.

IAGON will also roll out their nodes, introducing them as, “any machine running its software,” welcoming both individuals and data centers as participants. Users can join as storage providers by owning a computer or as stakeholders with IAG tokens. The platform envisions releasing maintenance-free nodes, and storage options cater to diverse client needs. Rewards for storage providers extend beyond service fees, with evaluations by validators ensuring quality standards. Outstanding providers may receive special NFTs. IAGON plans to provide tools for private users and invites big resource providers to explore offerings and join the network.

Conclusion

Overall, IAGON presents a comprehensive ecosystem with decentralized marketplace solutions, storage and computing resources, NFT capabilities, and innovative features within the Cardano blockchain ecosystem, marking its position as a significant player in the decentralized technology landscape.

Written by Victor Duran 

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Projects mentioned in this Article

*Cardano Cube and its affiliates do not endorse the mentioned projects, and it is essential to refrain from interpreting this information as financial advice. Our commitment lies in delivering aggregated and comprehensive insights into developments on the Cardano. Please regard the provided details solely as informational and exercise discretion when making any financial decisions.