What is the current price of IAGON?
The current price of IAGON is $0.0223 with a 4.21% change in the last 24 hours.
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Prices and notionals are USD-equivalent venue units, with USDC collateral. No currency conversion is applied. Notional = venue price × base-asset size. Contract specifications
Derivatives and mapped ecosystem data, with source timings and coverage.
Iagon is a decentralized cloud storage marketplace built on Cardano. Providers contribute spare disk capacity, consumers rent it, and the protocol handles encryption, fragmentation, placement and payment. IAG is the native token, used to collateralize provider capacity and pay provider rewards.
Iagon is unusual among storage networks in that it does not run its own chain. It uses Cardano for settlement, staking records and transparency, and keeps storage coordination in its own stack. A live ledger query confirms the asset: policy ID 5d16cc1a177b5d9ba9cfa9793b07e60f1fb70fea1f8aef064415d114, asset name IAG, six decimals, and a fixed 1,000,000,000 IAG.
Official sources:
Iagon was founded by Navjit Dhaliwal, who serves as chief executive, with development based in Norway. The project dates to 2017 and originally issued IAG as an ERC-20 on Ethereum, funded across four presale rounds that raised 3.6 million dollars according to its own tokenomics page.
It later migrated to Cardano, citing fees and scalability. The ledger records that migration precisely: the Cardano IAG asset was minted in a single transaction on April 15, 2022, with one mint event and zero burns since. The Ethereum ERC-20 is discontinued and holds no functionality, with a swap program still running at 500,000 IAG per month since March 2024.
Storage mainnet launched in 2023 and development continues: the project's GitHub organization pushed changes as recently as September 2026, including a reputation system called Statur, and the documentation notes monthly development spend rose to 140,000 dollars from November 2025.
The upload path is the clearest way to understand the design.
Encryption happens on the client, first The documentation is explicit that there is no skip-encryption path for file bodies. Plaintext never reaches a provider, and large files are split into encrypted segments on the device so uploads can resume.
Ciphertext is sharded across many providers No single provider necessarily holds enough to reconstruct a file even in encrypted form, and redundancy lets retrieval succeed while some nodes are offline. Earlier designs explored IPFS-style content addressing; current placement logic is Iagon's own, coordinated with subscription rules, node performance and configurable regional preferences.
Providers stake IAG against committed capacity The requirement is a published formula keyed to a base of 0.50 dollars per gigabyte committed and an alpha coefficient of 0.9 applied against the IAG value, so the token requirement rises as the token value falls and economic commitment stays roughly stable.
Performance decides rewards, through ten tiers A node must meet every minimum threshold for a tier, not just some. Nodes below the Tier 1 baseline, or flagged by internal validation as behaving inconsistently with their declared capacity, drop to Tier 0 and earn nothing.
Exits are slow by design A minimum staking period applies, with a three-month unbonding path after retirement or undelegation, so data availability is not disrupted by sudden departures.
IAG is a capped Cardano native token with a fixed total of 1,000,000,000. Its documented roles are collateral that activates storage capacity; the reward asset paid to providers from a long-term emissions schedule allocated yearly and paid by epoch; and the payment asset for the cloud platform, priced against fiat currencies such as Norwegian krone or euro, a path the documentation says will be enabled later.
Allocations were published with named, ADA Handle-labeled wallets so movements can be tracked. Community incentives hold 461 million IAG, which includes 100 million for node operator rewards distributed over 15 years and claimable after 73 epochs of staking, 60 million for referrals, 30 million for the LSPO, 20 million for Storage Provider Hives and 251 million reserved for future programs such as decentralized compute. Development holds 112 million, and the 85 million team allocation was locked until October 2025 then released over six months. The documentation states these holdings are controlled by the DAO rather than a company.
The ledger shows one mint and no burns. The minting policy is a Plutus V1 script, so whether further mints are technically permitted is governed by compiled logic that cannot be read off the bytecode with certainty; what can be stated is the observed record and the project's consistent description of the supply as capped.
Three things separate Iagon from the wider storage field. It settles on Cardano rather than building a chain, keeping its economic surface smaller. Its provider incentives are reputation-weighted across several simultaneous performance dimensions rather than keyed to pledged capacity, which directly attacks the capacity-spoofing problem that plagues storage networks. And it treats jurisdictional placement as a configurable user preference, a compliance feature rather than a slogan.
Filecoin runs its own Layer 1 and settles storage through proofs of replication and spacetime, at considerable protocol complexity. Arweave sells permanent storage through a one-time endowment model. Storj operates a company-run satellite architecture over independent nodes. Iagon sits closest to Storj in shape, but anchors staking, transparency and governance on Cardano and leans harder on client-side encryption and tiered provider reputation than on novel storage proofs.
Confidentiality rests on client-side encryption: providers hold ciphertext fragments and cannot read content without the user's keys. Availability rests on redundancy and the unbonding delay that prevents mass simultaneous exits. Economic honesty rests on staked IAG being at risk and on Tier 0 flagging removing rewards from nodes whose behavior does not match their declared capacity. Settlement rests on Cardano's proof-of-stake consensus, and the project publishes audit documentation in a public repository.
Iagon is one of the few substantial infrastructure projects that chose to build on Cardano rather than around it, and one of the few storage networks to treat provider reputation, not pledged capacity, as the primary reward signal. Its encryption-first architecture and jurisdiction-aware placement speak to an enterprise buyer rather than a crypto-native one. The 2026 governance dispute is a real overhang, but the engineering question remains worthwhile.
IAG trades on Cardano decentralized exchanges such as Minswap and on several centralized venues. Because IAG is a Cardano native asset rather than a smart-contract token, verify the policy ID rather than an address when trading on-chain. The discontinued Ethereum ERC-20 should not be bought; it holds no functionality.
IAG has commonly been available on:
Coverage is thinner than for large assets and changes, so confirm on the venue.
IAG is a Cardano native asset, so it can be held:
Sending IAG to an Ethereum address will lose the tokens, so confirm the receiving wallet is on Cardano.
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Read the complete paper trading guideThe current price of IAGON is $0.0223 with a 4.21% change in the last 24 hours.
The daily trading volume is $377,302 representing a 68.20% change in the past 24 hours.
The market capitalization of IAGON is $8,387,589, ranking #686 globally.
The fully diluted valuation (FDV) of IAGON is $22,306,206, calculated assuming the maximum supply of 1,000,000,000 IAG is in circulation.
Circulating: 376,020,434. Total: 1,000,000,000. Max: 1,000,000,000.
In the last 24 hours, IAGON traded between a low of $0.02132 and a high of $0.02335.
IAG/USDTTether USDT0.0223 USDT
