1.How is the Pre-Stake bonus inn the Ice project rewarded to users?

Ans: By Increasing their mining rate.

2. What is the Ice network’s approach to governance?

Ans: Decentralized, community driven governance.

3. What information can you find on the team screen in the Ice
project app?
Ans: The current check-in activity of your referrals.

4. What does the term halving refer to in the cryptocurrency

industry?
Ans: The process of reducing the issuance rate of new coins.

5. What is the you and your Tier 1 friends receive when mining
together?
Ans: 25% bonus.

6. On what network will the Ice distribution take place?

Ans: BNB Smart Chain.
7. How can users earn Ice in the Ice network?
Ans: By checking in every 24 hours.

8. How does the Ice project aim to demonstrate the value and
reliability of its digital coin to gain wider acceptance?
Ans: By building trust with owners and users.

9. What type of bonus do you receive for friends referred by you

(Tier 1) and those referred by your friends (Tier 2) in the Ice project?
Ans: 25% for Tier 1 and 5% for Tier 2.

10. How often will the BNB Smart Chain distribution occur in the Ice
Network?
Ans: Monthly.

11. Why did the Ice project team feel the need to create a new
cryptocurrency?
Ans: To create a transparent, fair, and accessible cryptocurrency.

12. How are Validators selected and reelected in the Ice network?
Ans: Validators are elected by the community and must be reelected
every two years.

13. How many times can you benefit from the resurrection option in
the Ice project?
Ans: Once.

14. When are users notified about the availability of extra bonuses in
the Ice project?
Ans: Between 10:00 and 20:00.

15. What factors determine the total supply of Ice coins?

Ans: Multiple factors, including total registered users, online miners,
halving events and bonuses.

16. What blockchain technology does the Ice project use for its
consensus mechanism known for its speed, security and scalability?
Ans: Proof-of-Stake (POS)

17. What is the role of validators in the Ice network’s governance

and operation?
Ans: Validators are tasked with maintain the network’s security and
availability.

18. In the Ice project, what is the purpose of the resurrection

feature?
Ans: To restore all slashed coins after a period of inactivity.

19. What is the primary role of the Ecosystem Growth and

Innovation Pool Fund in the Ice network?
Ans: To foster innovation and expand the ecosystem.

20. Does mining in the Ice network require keeping the app open all
the time?
Ans: No, mining doesn’t consume any phone resources.

21. What is the primary focus of the Treasury Fund in the Ice
network’s financial ecosystem?
Ans: Supporting research and development efforts.

22. What sets Ice apart fromother cryptocurrencies in terms of

mining?
Ans: Ice mining requires zero energy processing power,and battery
life.

23. How can a user restore lost coin due to inactivity in the Ice
project?
Ans: By initiating a new check-in session and choosing the
resurrection option

Question: What is one of the main advantages of Ice being an open-

source project?

Answer: It promotes transparency and allow anyone to review the

project’s code.

Question: What is the role of validators in the Ice network’s governance

and operation?
Answer: Validators are tasked with maintaining the network’s security
and availability.

Question: What type of bonus you receive for friends referred by you
(Tier 1) and those referred by your friends (Tier 2) in the Ice project?

Answer: 25% for Tier 1 and 5% for Tier 2.

Question: What factors determine the total supply of Ice coins?

Answer: Multiple factors, including total registered users, online miners,

halving events, and bonuses.

Question: How does the Ice project aim to demonstrate the value and
reliability of its digital coin to gain wider acceptance?

Answer: By building trust with owners and users.

Question: How often will the BNB Smart Chain distribution occur in the
Ice network?
Answer: Monthly.

Question: What is the bonus you and your Tier 1 friends receive when
mining together?

Answer: 25% bonus.

Question: What blockchain technology does the Ice project use for its
consensus mechanism known for its speed, security, and scalability?

Answer: Proof-of-Stake (POS).

Question: How can users earn Ice in the Ice network?

Answer: By checking in every 24 hours.

Question: What does the term “halving” refer to in the cryptocurrency

industry?

Answer: The process of reducing the issuance rate of new coins.

Question: On what network will the Ice distribution take place?

Answer: BNB Smart Chain.

Question: What is the staking concept similar to?

Answer: Depositing money in the bank.

Question: What is the primary goal of the Ice Network?

Answer: To build a decentralized ecosystem.

Question: How can a user restore lost coins due to inactivity in the Ice
project?

Answer: By initializing a new check-in session and choosing the

resurrection option.

Question: How many times can you benefit from the resurrection option
in the Ice project?

Answer: Once.

Question: What makes Ice unique in the context of crypto mining?

Answer: It allows users to mine without using their phone’s resources,

data, or battery.

Question: During Phase 1 of the Ice project, how much can users increase
their mining rate through pre-staking?

Answer: Up to 250%.
Question: What happens to the coins of users who become inactive in the
Ice project?

Answer: They are gradually lost in the progressive slashing.

Question: When are users notified about the availability of extra bonuses
in the Ice project?

Answer: Between 10:00 and 02:00.

Question: How is the Pre-Stake bonus in the Ice project rewarded to

users?

Answer: By increasing their mining speed.

Question: Does mining in the Ice network require keeping the app open
all the time?

Answer: No, mining doesn’t consume any phone resources.

Question: How does the Ice project encourage trust and social
connections among its users?

Answer: By offering bonuses based on referrals and network activity.

Question: What information can you find on the team screen in the Ice
project app?

Answer: The current check-in activity of your referrals.

Question: What distinguishes the Ice network from other mining

methods?
Answer: It rewards those who actively build micro-communities.

1. How is the Pre-Stake bonus in the Ice project rewarded to users?

A. By increasing their mining rate.

2. What does the term halving refer to in the cryptocurrency

industry?

A. The process of reducing the issuance rate of new coin.

3. In the ice project what is the purpose of the resurrection

feature?

A. To restore all slashed coin after a period of activity.

Ques 1: How does the eyes project aim to demonstrate the value
and reliability of its digital coin to gain wider acceptance?

Ans : by building trust with owners and users.

Ques 2: what is the primary role of the ecosystem growth

and innovation pool fund within the ice network?
Ans : to foster Innovation and expand the ecosystem.

Ques 3: what kind of bonuses do you receive for Tier 1 friend

referred by you and Tier 2 friends referred by your Tier 1
friends in the ice project?

Ans : 25% for Tier 1 and 5% for Tier 2

Ques 4: what details are available on the team screen within

the ice project app??

Ans : the current check in activity of your referrals.

Ques 5: what is the fate of coins owned by users who become

inactive within the ice project?

Ans : They are gradually lost through progressive slashing.

Ques 6 : how are validators chosen and re-elected within the

ice network ?
Ans : Validators are elected by the community and must be
reelected every 2 years.

Ques 7: in the cryptocurrency industry, what does the term

“Halving” signify?

Ans : The process of reducing the issuance rate of new coins.

Ques 8: Is it necessary to keep the app open at the time for

mining in the ice network?

Ans : no mining does not consume any phone resources.

Ques 9: what is the primary focus of the treasury fund in the

financial ecosystem of the ice network?

Ans : Providing liquidity to maintain robust trading.

Ques 10 : After using all the accumulated days off in the ice
project what follows?

Q 10 : What happens after you use all the accumulated days

off in the ice project?

Ans : You automatically enter the slashing mode.

Ques 11: what is the main objective of the governance model

within the ice network?

Ans : to create a transparent, secure and equitable system.

Ques 12: if a new bonus is granted and claimed before the

current one expire how long does the daily extra bonus
remain valid in the ice project?

Ans : 24 hours

Ques 13: at what intervals should you check into accumulate

ice rewards from mining?
Ans : every 24 hour

Ques 14: fundamental principles of the ice project

underscores the importance of collaboration and
cooperation among individuals with positive intentions?

Ans : the power of many.

Ques 15: what sets ice apart in the realm of Crypto mining?

Ans : it allows users to mine without using their phones

resources, data or battery.

Ques 16: how can you guarantee seamless my name if you

are unable to type the ice logo button of the 24 hour mining
cycle ?

Ans : Tap and hold the ice logo button for one second after
12 hours.
Ques 17: what does the ice network aim to achieve primarily?

Q 17: What is the primary goal of the ice network

Ans : to build a decentralized ecosystem.

Ques 18: how are users rewarded with the pre stake bonus in
the ice project?

Ans : by increasing their mining rate.

Ques 19 : what is the duration of the staking period for users

opting to pre stake their ice in preparation for the main net
release?

Ans : up to 5 years.

Ques 20: what steps are involved in completing KYC step 1

within the ice network?
Ans : face recognition and liveness detection.

Ques 21: on what network will the ice distribution take

place?

Ans : Bnb smart chain.

Ques 22: what is the method for users to invite their friends
to join their team on ice ?

Ans : by sharing their referral code from the app.

Ques 23: what intervals should you check in to accumulate

ice rewards from mining?

Ans : every 24 hours

Ques 24: how does ice benefit from being an open source
project?
Ans : it promotes transparency and all everyone to review
the projects code.

Ques 25: what blockchain Technology does the eyes project

employee for its consensus mechanism renowned for its
rapidity security and scale ability?

Ans : proof of stake POS

Ques 26: What is the purpose of lock periods assigned to

specific portions of the coin distribution in the ice project?

Ans : to promote long term commitment to the project

Q 27: how many time the resurrection option available for

use in the ice project?

A: once

Q28: How much can users boost their mining rate through
pre-staking during phase 1 of the ice project?
A: up to 250%

Q 29 : what is the frequency of bnb smart change

distribution in the ice network?

A: monthly

Q 30: what factors contribute to determining the total supply

of ice coins?

A: multiple factors including total registered users online

minors Halving events and bonuses.

Q 31: how does the ice network handle Governance? Or

approach to govrernance

A: decentralized community driven governance.

Q 32: How can users earn ice in the ice network?

A: by checking in every 24 hours.

Q 33: How does the ice project Foster trust and social bonds
among its user base?

A: by offering bonuses based on referrals and network

activity.

Q 34: What distinguish the ice project from other Crypto

initiatives in terms of user rewards?

Q 34 : What sets the ice project apart from other Crypto

projects in terms of rewarding users?

A: ice rewards only active and engaged community

members.

Q 35 : What distinguish the ice network from other mining

methods?
A: it is based on energy intensive mining practices .

Q 36 : In the ice project what is the purpose of resurrection

feature?

A: To restore all slashed coins after a period of in activity.

Q 37: When are uses notified about the availability of extra

bonuses in the ice project ?

Q 37 : When do users receive notifications regarding the

availability of additional bonuses in the ice project?

A: between 10:00 and 20:00

Q 38 : What is the role of validators in the ice networks

governance and operation?

A: validators are task with maintaining the networks security

and availability.
Q 39 : How can a user restore lost coins due to in activity in
the ice project?

A: by initiating a net check in session and choosing the

resurrection option.

Q 40 : Why did the ice project team feel the need to create a
new cryptocurrency ?

A : to create a transparent fare and accessible

cryptocurrency.

Q 41 : What distinguishes the ice network from other mining

methods?

Q 41 : How does the ice network different from conventional

mining methods?

A: It rewards those who actively build micro-communities.

 Q 42 : How many consecutive days of mining are required to
accumulate one day off in the ice project

A: 6 days

Q 43: What is the staking concept similar to?

A: depositing money in the bank

Q 44: How much is the mining bonus in the ice project for
mining simultaneously with the 3 tier 1 friends and 5 tier 2
members assuming the mining rate is 16 ice per hour

A: 100%

Q 45: How does ice stand out from other cryptocurrencies

when it comes to mining?

A: Ice mining requires zero energy processing power.

4. What is the primary role of the ecosystem growth and
innovation pool fund in the ice network ?

A. To foster innovation and expand the ecosystem.

5. Why did the ice project team feel the need to create a new
cryptocurrency?

A. To create a transparent fair and accessible cryptocurrency.

6. How many times can you benefit from the resurrection option in
the ice project ?

A. Once

7. What is the role of validators in the ice networks governance and

operation ?
A. Validators are tasked with maintaining the networks security
and availability.

8. When are users notified about the availability of extra bonuses

in the ice project ?

A. Between 10:00 and 20:00

9. Does Mining in the ice network required keeping the app open
all the time ?

A. No mining does't consume any phone resources.

10. How are validators selected and reeleted in the ice network ?

A. Validators are elected by the community and must be reelected

every two years.

11. What sets ice apart from other cryptocurrencies in terms of

mining ?

A. Ice mining requires zero energy processing power and battery

life.
12. What does the term Halving refer to in the cryptocurrency
industry ?

A. The process of reducing the issuance rate of new coin.

13. On what network will the ice distribution take place ?

A. BNB smart chain.

14. What factors determine the total supply of ice coins ?

A. Multiple factors including total registered users online miners

Halving events and bonuses.

15. What is the primary focus of the treasury fund in the ice
networks financial ecosystem?

A. Supporting research and development efforts.

16. What is the bonus you and your tier 1 friends received when
mining together?

A. 25% bonus

17. What is the ice networks approach to governance?

A. Decentralized community driven governance.

18. What blockchain technology does the ice project use for its
consensus mechanism know for its speed security and scalability?

A. Proof of stake (pos).

Q At what intervals should you check in to accumulate Ice

rewards from mining?

A Every 24 hours

q How does Ice benefit from being an open-source project?

A It promotes transparency and allow anyone to review the

project's code

q What is the fate of coins owned by users who become

inactive within the Ice project?

A They are gradually lost through progressive slashing.

Q What is the purpose of the lock periods assigned to
specific portions of the coin distribution in the Ice project?

A To promote long-term commitment to the project.

q After using all the accumulated days off in the Ice project,
what follows?

A You automatically enter the slashing mode.

Q How much can users boost their mining rate through pre-
staking during Phase 1 of the Ice project?

A Up to 250%

Q What is the frequency of BNB Smart Chain distribution in

the Ice network?

A Monthly
q What factors contribute to determining the total supply of
Ice coins?

A Multiple factors, including total registered users, online

miners, halving events, and bonuses

Q In the cryptocurrency industry, what does the term

"halving" signify?

A The process of reducing the issuance rate of new coins.

Q How does the Ice network handle governance?

A Decentralized, community-driven governance.

Q What sets Ice apart in the realm of crypto mining?

a It allows users to mine without using their phone's
resources, data, or battery.

q What details are available on the team screen within the

Ice project app?

A The current check-in activity of your referrals

q How does the Ice project foster trust and social bonds
among its user base?

a By offering bonuses based on referrals and network

activity.

Q What distinguishes the Ice project from other crypto

initiatives in terms of user rewards?

a Ice rewards only active and engaged community members.

Q How does the Ice network differ from conventional mining
methods?

a It rewards those who actively build micro-communities..

1.How is the Pre-Stake bonus inn the Ice project rewarded to

users?

Ans: By Increasing their mining rate.

2. What is the Ice network’s approach to governance?

Ans: Decentralized, community driven governance.

3. What information can you find on the team screen in the

Ice project app?

Ans: The current check-in activity of your referrals.

4. What does the term halving refer to in the cryptocurrency

industry?

Ans: The process of reducing the issuance rate of new coins.

5. What is the you and your Tier 1 friends receive when
mining together?

Ans: 25% bonus.

6. On what network will the Ice distribution take place?

Ans: BNB Smart Chain.

7. How can users earn Ice in the Ice network?

Ans: By checking in every 24 hours.

8. How does the Ice project aim to demonstrate the value

and reliability of its digital coin to gain wider acceptance?

Ans: By building trust with owners and users.

9. What type of bonus do you receive for friends referred by

you (Tier 1) and those referred by your friends (Tier 2) in the
Ice project?

Ans: 25% for Tier 1 and 5% for Tier 2.

10. How often will the BNB Smart Chain distribution occur
in the Ice Network?

Ans: Monthly.

11. Why did the Ice project team feel the need to create a new
cryptocurrency?

Ans: To create a transparent, fair, and accessible

cryptocurrency.

12. How are Validators selected and reelected in the Ice

network?

Ans: Validators are elected by the community and must be

reelected every two years.

13. How many times can you benefit from the resurrection
option in the Ice project?

Ans: Once.

14. When are users notified about the availability of extra

bonuses in the Ice project?

Ans: Between 10:00 and 20:00.

15. What factors determine the total supply of Ice coins?

Ans: Multiple factors, including total registered users, online

miners, halving events and bonuses.

16. What blockchain technology does the Ice project use for
its consensus mechanism known for its speed, security and
scalability?

Ans: Proof-of-Stake (POS)

17. What is the role of validators in the Ice network’s

governance and operation?

Ans: Validators are tasked with maintain the network’s

security and availability.

18. In the Ice project, what is the purpose of the resurrection

feature?

Ans: To restore all slashed coins after a period of inactivity.

19. What is the primary role of the Ecosystem Growth and

Innovation Pool Fund in the Ice network?
 Ans: To foster innovation and expand the ecosystem.

20. Does mining in the Ice network require keeping the app
open all the time?

Ans: No, mining doesn’t consume any phone resources.

21. What is the primary focus of the Treasury Fund in the Ice
network’s financial ecosystem?

Ans: Supporting research and development efforts.

22. What sets Ice apart fromother cryptocurrencies in terms

of mining?

Ans: Ice mining requires zero energy processing power,and

battery life.

23. How can a user restore lost coin due to inactivity in the
Ice project?

Ans: By initiating a new check-in session and choosing the

resurrection option
 19. What information can you find on the team screen in the ice
project app?

A. The current check in activitie of your reffaral

Q how can user invite their friends to join their team on ice

A by sharing their referral code from the app

Q how long does the dailyextra bonus in the ice project

remain valid ifa new bonus is granted and claimed Before
the current on expires

A 24 hour

Q What set the ice project apart from other crypto projects in
terms of rewarding users

A ice reward only active and engaged community members

q What is the main objective of the Ice network's governance

model?
 A To create a transparent, secure, and equitable system.

Q How many consecutive days of mining are required to

accumulate one day off in the Ice project?

A 6 day

Q What does KYC Step #1 involve in the Ice network?

A Face recognition and liveness detection.

q What happens after you use all the accumulated days off in
the Ice project?

A You automatically enter the slashing mode.

Qus.What is the role of validators in the Ice network's governance

and operation?

ans -Validators are tasked with maintaining the network's

security and availability.

Q14 What type of bonus do you receive for friend referred by you (tier 1) and those referred by your
friends (Tier2) in the ice project.
Ans…. 25% for Tier 1 and 5% for tier 2
Q15. How does the ice project aim to demonstrate the value and reliability of its digital coin to gain
wider acceptance.
Ans…. By building trust with owners and users.
Q16. How can user earn ice in the ice network
Ans…. By checking in every 24 hour.
Q17. What factor determine the total supply of ice coin.
Ans multiple factor, including total registered user, online miners, halving event and bonuses.
Q18. How can user restore lost coin due to inactivity in the ice project.
Ans….. By initiating a new check in session and choosing the resurrection option.

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Ice Mining Network KYC 3 all Quiz Answers

KASHIF IQBAL

KASHIF IQBAL

Follow

4 min read

3 days ago

52
ICE QUIZ QUSTIONS FOR THE UPCOMING KYC 3

1. How is the Pre-Stake bonus in the Ice project rewarded to users?

✅ By Increasing their mining rate.

2. What is the Ice network’s approach to governance?

✅ Decentralized, community driven governance.

3. What information can you find on the team screen in the Ice project app?

✅ The current check-in activity of your referrals.

4. What does the term halving refer to in the cryptocurrency industry?

✅ The process of reducing the issuance rate of new coins.

5. What is the bonus you and your Tier 1 friends receive when mining together?

✅ 25% bonus.

6. On what network will the Ice distribution take place?

✅ BNB Smart Chain.

7. How can users earn Ice in the Ice network?

✅ By checking in every 24 hours.

8. How does the Ice project aim to demonstrate the value and reliability of its digital coin to gain wider
acceptance?

✅ By building trust with owners and users.

9. What type of bonus do you receive for friends referred by you (Tier 1) and those referred by your
friends (Tier 2) in the Ice project?

✅ 25% for Tier 1 and 5% for Tier 2.

10. How often will the BNB Smart Chain distribution occur in the Ice Network?

✅ Monthly.

11. Why did the Ice project team feel the need to create a new cryptocurrency?

✅ To create a transparent, fair, and accessible cryptocurrency.

12. How are Validators selected and reelected in the Ice network?

✅ Validators are elected by the community and must be reelected every two years.

13. How many times can you benefit from the resurrection option in the Ice project?
✅ Once.

14. When are users notified about the availability of extra bonuses in the Ice project?

✅ Between 10:00 and 20:00.

15. What factors determine the total supply of Ice coins?

✅ Multiple factors, including total registered users, online miners, halving events and bonuses.

16. What blockchain technology does the Ice project use for its consensus mechanism known for its
speed, security and scalability?

✅ Proof-of-Stake (POS)

17. What is the role of validators in the Ice network’s governance and operation?

✅ Validators are tasked with maintain the network’s security and availability.

18. In the Ice project, what is the purpose of the resurrection feature?

✅ To restore all slashed coins after a period of inactivity.

19. What is the primary role of the Ecosystem Growth and Innovation Pool Fund in the Ice network?

✅ To foster innovation and expand the ecosystem.

20. Does mining in the Ice network require keeping the app open all the time?
✅ No, mining doesn’t consume any phone resources.

21. What is the primary focus of the Treasury Fund in the Ice network’s financial ecosystem?

✅ Supporting research and development efforts.

22. What sets Ice apart from other cryptocurrencies in terms of mining?

✅ Ice mining requires zero energy processing power, and battery life.

23. How can a user restore lost coin due to inactivity in the Ice project?

✅ By initiating a new check-in session and choosing the resurrection option.

24. What is the staking concept similar to?

✅ Depositing money in the bank

25. What is the primary goal of the ice network?

✅ To build a decentralized ecosystem

26. What is the main advantage of ice being an open-source project?

✅ it promotes transparency and allow everyone to review the project code.

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Home » Finance » Cryptocurrency » Ice Network KYC Step 3 Quiz Answers

Ice Network KYC Step 3 Quiz Answers

Lim How Wei

January 24, 2024

Lim How Weinotlhw

Ice is a new digital currency that users can mine or earn from any mobile device.

It operates in a trust-based community with growing users interested in digital

currencies.
Joining the Ice network requires an invitation, allowing users to start building micro-
communities.

Mining sessions involve daily check-ins, and mining with friends increases the earning
rate.

Anyone can join and the verification process (KYC) requires an ID at the time of
claiming Ice coins.

In this article, you’ll learn the Ice Network KYC Step #3 quiz answers (21 questions in
total for knowledge check).

Ice Network KYC Step 3 Quiz Answers

Tip: Press CTRL + F to find the question and answer you’re looking for on the page.

Question: What is one of the main advantages of Ice being an open-source project?

Answer: It promotes transparency and allow anyone to review the project’s code.

Question: What is the role of validators in the Ice network’s governance and
operation?

Answer: Validators are tasked with maintaining the network’s security and availability.

Question: What type of bonus you receive for friends referred by you (Tier 1) and
those referred by your friends (Tier 2) in the Ice project?

Answer: 25% for Tier 1 and 5% for Tier 2.

Question: What factors determine the total supply of Ice coins?

Answer: Multiple factors, including total registered users, online miners, halving
events, and bonuses.

Question: How does the Ice project aim to demonstrate the value and reliability of its
digital coin to gain wider acceptance?

Answer: By building trust with owners and users.

Question: How often will the BNB Smart Chain distribution occur in the Ice network?
Answer: Monthly.

Question: What is the bonus you and your Tier 1 friends receive when mining
together?

Answer: 25% bonus.

Question: What blockchain technology does the Ice project use for its consensus
mechanism known for its speed, security, and scalability?

Answer: Proof-of-Stake (POS).

Question: How can users earn Ice in the Ice network?

Answer: By checking in every 24 hours.

Question: What does the term “halving” refer to in the cryptocurrency industry?

Answer: The process of reducing the issuance rate of new coins.

Question: On what network will the Ice distribution take place?

Answer: BNB Smart Chain.

Question: What is the staking concept similar to?

Answer: Depositing money in the bank.

Question: What is the primary goal of the Ice Network?

Answer: To build a decentralized ecosystem.

Question: How can a user restore lost coins due to inactivity in the Ice project?

Answer: By initializing a new check-in session and choosing the resurrection option.

Question: How many times can you benefit from the resurrection option in the Ice
project?

Answer: Once.

Question: What makes Ice unique in the context of crypto mining?

Answer: It allows users to mine without using their phone’s resources, data, or
battery.

Question: During Phase 1 of the Ice project, how much can users increase their
mining rate through pre-staking?

Answer: Up to 250%.

Question: What happens to the coins of users who become inactive in the Ice
project?

Answer: They are gradually lost in the progressive slashing.

Question: When are users notified about the availability of extra bonuses in the Ice
project?

Answer: Between 10:00 and 02:00.

Question: How is the Pre-Stake bonus in the Ice project rewarded to users?

Answer: By increasing their mining speed.

Question: Does mining in the Ice network require keeping the app open all the time?

Answer: No, mining doesn’t consume any phone resources.

Question: How does the Ice project encourage trust and social connections among its
users?

Answer: By offering bonuses based on referrals and network activity.

Question: What information can you find on the team screen in the Ice project app?

Answer: The current check-in activity of your referrals.

27. What make ice unique in the concept of crypto mining

✅ it allows users to mine without using their phones resources, data and battery

28. During phase 1 of the ice project, how much can users increase their mining rate through pre-
staking?

✅ 250%

29. What happens to the coins of users who become inactive in the ice project?

✅ They are gradually lost through progressive slashing

30. How does the ice project encourage trust and social connection among its users?

✅ By offering bonuses based on referrals and network activity

31. How can users recover lost coins due to inactivity within the Ice project?

✅ By initiating a new check-in session and choosing the resurrection option.

32. What sets the Ice project apart from other cryptocurrency initiatives regarding user rewards?

✅ Ice rewards only active and engaged community members.

33. What function do validators fulfill in the governance and operation of the Ice network?

✅ Validators are tasked with maintaining the network’s security and availability.

34. How can you ensure smooth mining operations if you’re unable to precisely tap the Ice logo button
at the conclusion of the 24-hour mining cycle?
✅ Tap and hold the Ice logo button for 1 second after 12 hours

35. What core principle of the Ice project emphasizes the significance of collaboration and cooperation
among individuals with positive intentions?

✅ Transparency

36. How do users invite their friends to join their team on Ice?

✅ By sharing their referral code from the app.

Q19 what is the one of the main advantage of ice being an open source project.
Ans ……It promote transparency and allows anyone to review the project code.
Q20. What is the staking concept similar to
Ans…..investing stock.
Q21. What set ice apart from other cryptocurrencies in term of mining
Ans…. Ice mining requires zero energy processing power and battery life.
Q22. How long is the staking period for user who choose to pre-stake their ice in the preparation for the
mainet release
Ans…. Up to 5 years.
Q23 when are user notified about the availability of extra bonuses in the ice project.
Ans…. Between 10:00 and 20:00
Q24. What is the primary role of the ecosystem growth and innovation pool fund in the ice network.
Ans… To foster innovation and expand the ecosystem.
Q25. How often will the BNB smart chain distribution occur in the ice network
Ans…. Monthly.
Q26. Does mining in the ice network require keeping the App open all the time?
Ans…. No, mining doesn’t consume any phone resources.