July 20, 2021 – Oslo, Norway
Iagon, the first decentralized big data platform designed to migrate to the Cardano ecosystem and powered by the IAG token, recently secured $3.4 million in its oversubscribed seed and private funding round. Now, it will take its next step by embarking on a multi-platform initial token sale, facilitated by OccamFi and Tosdis.
By raising an additional $200K through OccamFi and Tosdis, Iagon aims to secure the last bits of funding in order to further optimize its platform, which is based on the model of a platform-as-a-service. In short, Iagon’s patented platform utilizes and distributes unused storage and processing power of network participants – at a fraction of the costs – while protecting files with a sophisticated security layer. Furthermore, Iagon’s protocol is able to carry out complex computational tasks and caters to