Ice Open Network has announced a comprehensive restructuring plan following a dramatic 93% crash in its token value. The project, which had faced potential closure, is now focusing on reducing waste, cutting distractions, and scaling operations to achieve a $1 billion market cap. The restructuring involves a leaner team and reduced spending, with a renewed commitment to building and winning back community confidence. The token, which plummeted from $0.003 to $0.00024 on April 7, has seen a slight recovery, trading at $0.0002363, but remains significantly below its all-time high of $0.3129. The crash was attributed to a major sell-off by an unnamed service provider, leading to a market cap of just $1.56 million. Despite the setback, the project holds over 1 billion tokens in treasury and plans to burn remaining tokens if closure becomes inevitable. With 331,690 holders and a circulating supply of 6.61 billion tokens, the path to a $1 billion market cap remains challenging.