ICPay has launched ICBucket, an on-chain storage service on the Internet Computer, with promotional pricing, a revised user interface and changes to its underlying storage infrastructure.
The service is currently being promoted with discounts on storage plans, with the published pricing showing tiers ranging from 1GB to 50GB. The displayed prices are 0.5 ICP for 1GB, 2.5 ICP for 5GB, 4.5 ICP for 10GB, 10.5 ICP for 25GB and 20.5 ICP for 50GB. The promotion is advertised as offering up to 50 per cent off.
ICPay says users will be able to renew their storage at the same price, although the availability of those rates will depend on the terms of the service and any future changes to the plans.
A further feature highlighted by the project is data retention after a storage plan expires. According to the announcement, data is not deleted immediately when a plan expires, giving users additional time rather than removing stored content as soon as the subscription period ends.
ICPay has also announced several technical updates alongside the storage launch. These include an improved user interface and the migration of the storage module to a new canister on the Internet Computer.
The project says it has also optimised cycle usage, with the aim of reducing the number of cycles consumed by the storage service. On the Internet Computer, cycles are used to pay for computation and storage, meaning efficiency in how a canister uses cycles can affect its operating costs. The network uses cycles as the metered resource for canister computation and storage.
ICPay’s own technical material describes on-chain storage as keeping files within canisters on the Internet Computer rather than relying on a conventional cloud storage provider. Its explanation of the service says files can be stored in canisters and served through the network, with buckets providing defined storage capacities.
The approach gives users a different model from conventional services such as object storage offered by major cloud providers. On ICP, a canister can contain both application code and persistent state, allowing storage functionality to operate as part of an application running on the network.
ICPay is also running a presale connected to the wider project. The announcement states that once the presale ends, all funds raised will be directed to a liquidity pool. The project describes this as a way to support what it calls a fair market launch.
The statement does not provide further details about the planned liquidity pool, including its size, structure or the specific mechanisms that will govern it. As a result, users considering the presale would need to assess the project’s documentation and terms before participating.
The storage service is being launched as ICPay continues to build applications around the Internet Computer. Its public materials describe ICPay as an open-source project, while its wider software includes payment tools and integrations for Internet Computer assets.
For ICBucket users, the immediate changes centre on cheaper storage tiers, continued access to data after expiry, a redesigned interface and a new storage canister. The project says the technical migration and cycle optimisation are intended to improve the service as it develops.
As with any new on-chain storage service, users will need to consider factors including data accessibility, retention terms, service availability, pricing changes and the security of the underlying application. The advertised promotional pricing and retention arrangements should be checked against the current terms before storing important data.
ICPay’s latest release positions ICBucket as a lower-cost storage option built directly on the Internet Computer, with the project now focusing on improving its infrastructure while attracting early users through discounted storage plans.
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