Read ICON (ICON) News, Price Prediction, Opinion and Analyses Created By Users

ICON (ICON)

49 Articles 4 Followers

ICON (ICON) is a blockchain platform that is building a protocol that connects blockchain network together. Founded in 2017, the ICON Foundation wants to add a greater degree of decentralization in the blockchain space by making it possible for different tokens to work directly with each other, and access each other’s services and products. ICON also has Don Tapscott as an adviser, co-founder of the Blockchain Research Institute and  author of popular cryptocurrency book Blockchain Revolution. 

Research and development in inter-blockchain capabilities is particularly intense going into 2020, as startups and projects have realized that such a feature would mean greater liquidity, growth and quality for stakeholders in a blockchain network. 

ICON itself points to the example of the healthcare and insurance industries, an example commonly used in the media covering this space. Doctors and healthcare providers can refer to immutable, verified records of a patient that have been registered on the ICON network for the purposes of calculating insurance payments. These payments could then be used for any service on the ICON network like buying stocks or ether.

The ICON Foundation is focusing on this seamless use of data between blockchain networks. It is also open to permissioned networks.

The team employs a number of unique features to ensure a reliable and trustworthy network, and these have to do with its governance system, its transaction fees and SCORE operation, and its ICON Incentives Scoring System. The second refers to its transaction fee policy, and the third its consensus mechanism (Proof-of-Contribution) ands its reputation scoring system. The project’s yellow papers describe these in detail.

The team categorizes their development into 3 categories: blockchain, governance and services. The current focus, for each of these areas, is generally speaking ICON’s interchain protocol, its election and reputation system, and its key management and DEX services.


New DEFI Protocol coming to Icon - Equality- listen to the Eye on Icon interview

8 Apr 2021 1 minute read 0 comments Cryptosetups

Eye on Icon is a podcast that covers all the weekly news and interviews with various teams that are building protocols on Icon. Tune in to learn all about Equality the Curve finance of Icon Our Podcast is available on Youtube, Odysee, Spotify, Apple...

Project Nebula: Why I am Really Bullish on this NFT based Game!

3 Apr 2021 5 minute read 3 comments SamBTC

I know there is a lot of hype around NFT projects these days and most of them seem to be getting pumped at much higher valuations than what they are worth and the crazy prices at which NFTs are getting sold is adding fuel to the speculative fire. Let...

ICON (ICX) Final Moments Before Next Big Move To The Moon | Watch Targets In The Video

2 Mar 2021 1 minute read 0 comments moon333

  Click here to create an account on Binance, the best place to buy or sell ICX coin   For exact buy and sell targets for this trade, and other harmonic trading signals you can join: https://www.patreon.com/moon333  /////////////////////////////////...

ICON (ICX) Get Ready For Another Bullish Reversal Move

27 Feb 2021 1 minute read 0 comments moon333

  Click here to create an account on Binance, the best place to buy or sell ICX coin   For exact buy and sell targets for this trade, and other harmonic trading signals you can join: https://www.patreon.com/moon333  /////////////////////////////////...

All ICON (ICX) Holders Look At This Powerful BreakoutNow The Next Move Is $15 Very soon

15 Feb 2021 1 minute read 0 comments moon333

  Click here to create an account on Binance, the best place to buy or sell ICON coin   For exact buy and sell targets for this trade, and other harmonic trading signals you can join: https://www.patreon.com/moon333     Earn 310% ROI as passive inco...

Eye on Icon- Podcast launch!

13 Feb 2021 1 minute read 0 comments Cryptosetups

Hi everyone  Today I am excited to kick off a new podcast that focuses on all the latest news around Icon and we breakdown some of the new protocols being built on Icon. https://anchor.fm/eye-on-icon Using the above link you can access the podcast on...

You Can’t Imagine How Much The ICON (ICX) Will Be Bullish After Breaking Out This Resistance

3 Feb 2021 1 minute read 2 comments moon333

  Hey friends, hope you are well, and welcome to the new update on ICON coin.   Cypher move and a 200%  rally: In the month of Oct, I posted a chart, in which I showed that the price action of ICX has formed a big Cypher on monthly chart and soon it...

ICX to 1 dollar and more.....

28 Jan 2021 1 minute read 0 comments MrCoingrats

As ICX has been rising for over a month now, we thought it was time to do another analysis on it as it is a favorite coin for many. ICX is currently trading around resistance at 0.93 cents and if this can be flipped to support then the road is reason...

All ICON Holders!!! You Need To Watch This ICX Is Breaking Out Big Channel Right Now

24 Jan 2021 1 minute read 0 comments moon333

  Different support and resistance level: The price action of Icon is rejected by $0.80 resistance and now moving between $0.65 to $0.80 support and resistance levels. There is also daily 25 simple moving average support at $0.65 support. If the $0....

There Is No Reason Left For Not To Buy ICON (ICX)

16 Jan 2021 1 minute read 2 comments moon333

  Hey friends, hope you are well and welcome to the update on the ICON (ICX) coin.   Long term up-channel: The price action is moving in a long-term up channel on the weekly chart and reached the resistance. Candlesticks also having good supports of...