SNOW aims to become a community-oriented and crowdloan-funded Kusama parachain that serves as a canary network for ICE.
Snow/ICE have two layers of execution and is running both Polkadot's substrate and Ethereum's EVM. It's utility is to connect the Polkadot ecosystem with the ICON blockchain, helping the ICON project achieve it's cross-chain goals.
SNOW is EVM and eWASM-compatible. Migrate your Ethereum dApp to SNOW, and benefit from lower gas fees and SNOW's network of connected blockchains.
Like many smart contract platforms, the SNOW network requires a utility token to function. The ICZ token is the currency of all applications that are built on the SNOW blockchain.
