CLOAD has published its whitepaper, detailing the platform’s technical framework, tokenomics and plans for decentralised governance through an SNS DAO. The document sets out how the Web3 platform, owned and managed by its community, will transition control to a DAO following a decentralised fundraising event.
Under the model, the DAO will hold two main treasuries: one in ICP, sourced from the decentralised sale, and another in CLOAD tokens. These reserves will be used for liquidity, operational costs, developer incentives, ecosystem growth and liquidity support. Community members will decide on fund usage through proposal voting, while third-party security audits will be carried out to protect the platform and user assets.
The native CLOAD token will underpin governance, incentives and value exchange on the platform. An initial supply of one billion tokens is set, though the DAO may approve changes for ecosystem expansion or strategic partnerships. Token burning may also be proposed to manage supply.
Revenue will come from storage and feature fees, transaction charges and ICP staking rewards, while early expenditure will focus on storage costs and core development. The whitepaper positions the governance framework as central to CLOAD’s long-term stability and growth.
Dear Reader,
Ledger Life is an independent platform dedicated to covering the Internet Computer (ICP) ecosystem and beyond. We focus on real stories, builder updates, project launches, and the quiet innovations that often get missed.
We’re not backed by sponsors. We rely on readers like you.
If you find value in what we publish—whether it’s deep dives into dApps, explainers on decentralised tech, or just keeping track of what’s moving in Web3—please consider making a donation. It helps us cover costs, stay consistent, and remain truly independent.
Your support goes a long way.
🧠 ICP Principal: ins6i-d53ug-zxmgh-qvum3-r3pvl-ufcvu-bdyon-ovzdy-d26k3-lgq2v-3qe
🧾 ICP Address: f8deb966878f8b83204b251d5d799e0345ea72b8e62e8cf9da8d8830e1b3b05f
🪙 BTC Wallet: bc1pp5kuez9r2atdmrp4jmu6fxersny4uhnaxyrxau4dg7365je8sy2q9zff6p
Every contribution helps keep the lights on, the stories flowing, and the crypto clutter out.
Thank you for reading, sharing, and being part of this experiment in decentralised media.
—Team Ledger Life




