Ice Open Network
ICE
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
Ice Open Network (ICE) demonstrates moderate development activity with the launch of its mainnet and multi-repository GitHub activity (Score: 6.5). However, the project is severely constrained across fundamental adoption, tokenomics, and market viability. Market and use case indicators are critically weak (Score: 1.0), characterized by near-zero liquidity, conflicting contract addresses across trackers, and a 95-99% drawdown from all-time highs. Tokenomics (Score: 4.0) are pressured by a massive pending unlock of 47.40% of total supply, high insider allocations, and migration uncertainties. Team and governance structures (Score: 3.5) exhibit limited transparency with no credentialed leadership profiles or active DAO voting mechanisms. Security and audit history (Score: 3.5) reveals an unverified audit posture and an April 2026 off-chain identity database breach involving PII/2FA data, though no user funds or private keys were compromised. Community engagement (Score: 2.5) remains minimal despite nominal on-chain holder counts. The overall weighted score is 3.7 out of 10.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About Ice Open Network (ICE)
Ice Open Network (ICE) is a Layer-1 blockchain project designed to facilitate decentralized network operations. The project launched its mainnet in January 2025 and deployed a bridge to facilitate the migration of ICE tokens from original deployments on networks including BNB Smart Chain and Ethereum. Within the network architecture, the ICE token is designated for network utility functions, including transaction gas fees, staking, and governance mechanisms.
Project operations are managed under the Leftclick.io Group corporate structure, with team transparency limited to aggregate headcount claims rather than verified leadership profiles, and governance lacking documented decentralized voting mechanisms. Tokenomics for ICE include a multi-year team lock but present structural supply pressures, including a scheduled unlock of 47.40% of the total supply, significant insider allocations, and conflicting contract-address tracking data. Market performance is marked by near-zero liquidity, negligible verified community participation, and a 95% to 99% drawdown from its all-time high valuation.
In April 2026, the project experienced an off-chain security breach involving an identity database server compromised by former operational vendor partners. The incident exposed user personally identifiable information, including public keys, email addresses, and two-factor authentication phone numbers, though private keys and on-chain funds were not compromised. Following the breach, the project issued credential reset advisories, migrated identity infrastructure, and filed criminal complaints alongside a formal filing with the UK Information Commissioner's Office (ICO). The project's smart contracts also lack verified third-party security audits.