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Bybit EU Lists Impossible Cloud Network Token (ICNT), Launches 300,000 ICNT Token Splash Campaign

July 31, 2025
in Crypto News
Reading Time: 3 mins read
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Bybit EU Lists Impossible Cloud Network Token (ICNT), Launches 300,000 ICNT Token Splash Campaign
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Bybit EU has announced the listing of Impossible Cloud Network Token (ICNT), the native asset of the Impossible Cloud Network, a decentralized cloud infrastructure protocol designed to offer user-owned compute, storage, and bandwidth solutions as an alternative to legacy platforms such as AWS.

Starting July 30, 2025, ICNT is now available for deposits on Bybit EU, with spot trading for the ICNT/USDC pair launching on July 31. Withdrawals will be enabled on August 1. The listing supports transactions via the ETH and BASE networks.

To mark the listing, Bybit EU has introduced “Token Splash,” a two-part promotion featuring a total reward pool of 300,000 ICNT.

The first event, available exclusively to new users, runs from July 30 to August 15. Eligible participants who sign up on Bybit EU, complete identity verification, and meet deposit or trading thresholds will receive 100 ICNT, with rewards capped at 1,500 users.

The second event, beginning July 31, invites all users to trade at least 500 USDC worth of ICNT to qualify for a share of a 150,000 ICNT pool. Rewards are based on trading volume and limited to 3,000 ICNT per user.

ICNT is designed to power a composable, decentralized network that enables users to build and scale cloud services without relying on centralized infrastructure providers. The token underpins network functions such as storage allocation, compute task execution, and bandwidth exchange.

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This campaign is available only through Bybit EU and is subject to regional restrictions. Institutional users and market makers are not eligible. Users must complete full onboarding and register for the campaign within the event period to qualify for rewards.

This announcement qualifies as a marketing communication under the Markets in Crypto-Assets Regulation (MiCAR) and does not constitute investment advice. Bybit EU GmbH is licensed as a Crypto Asset Service Provider under MiCAR. However, it is not a credit institution under the Austrian Banking Act. Crypto or fiat balances held on the platform are not protected by investor compensation or deposit insurance schemes.

#Bybit / #TheCryptoHub 

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press

For media inquiries, please contact: [email protected] 

For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | YouTube

ContactHead of PRTony [email protected]

Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.


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