Overview
Iagon lets you store files on a network of independent providers instead of a single big cloud company. Anyone with spare disk space can rent it out on Cardano and earn IAG token rewards, while users buy storage through fixed-size monthly or annual subscription plans.
It is aimed at both everyday users and businesses that want encrypted storage they can verify, outside of providers like AWS or Google Cloud. Iagon sits in the DePIN part of the Cardano ecosystem, which uses real-world hardware coordinated through blockchain. Storage operators hold only encrypted pieces of your files, so they cannot open or read them1.
Iagon ships a full set of tools rather than just software to install: a web app for users, a dashboard for providers, and the Cyclone Qs ready-to-run node hardware, sold in batches on its own site. Iagon is also building Iagon Compute, a service that will let providers rent out spare processing power2.
Key Features
- A shared market for storage. Anyone with spare disk space can sell storage directly to other people, with pricing set by demand rather than a single company3,4.
- Encrypted and split into pieces by default. Files are encrypted the moment they are uploaded and broken into small pieces spread across independent providers, with no unencrypted copy kept1.
- IAG token on Cardano. A capped 1 billion supply Cardano token used to activate and back storage nodes, reward operators, supply trading pools, and vote on governance.
- Enterprise project with Würth. A Project Catalyst Fund 13 project pairs Iagon with Würth Group and Würth Additive Group on a platform that turns 3D-printing designs into digital tokens, handling secure file distribution and automatic royalty payments through Cardano smart contracts5,6.
- Independent audit history. Six independent security reviews covering smart contracts, system design, and infrastructure, by firms including Secureworks, Modus, Vacuumlabs, and FYEO, with findings fixed and re-tested1.
What to Expect
For everyday users, Iagon works through a web app. You upload a file, it gets encrypted, broken into small pieces, and spread across the provider network so no single operator can open it. Iagon's on-chain storage subscription is paid in ADA or a stablecoin7; paying in IAG is planned but not yet available8.
There are two ways to earn. People with hardware can run the Iagon node software on their own machine, lock up some IAG to activate their capacity, and earn a share of storage fees, or they can buy a plug-and-play Cyclone Qs node when Iagon opens its next sales batch. People without hardware can back an existing node with IAG and collect a share of its rewards. Iagon's Liquidity Providers Rewards Program, which Iagon labels the LSPO, adds extra rewards for users who delegate ADA to Iagon's stake pools or supply IAG to trading pools on Cardano DEXs9.
For businesses checking Iagon out, the published audits1 and a whitepaper aligned with MiCA (the European Union's crypto regulation) give them something concrete to review.
