ICON (ICON)

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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.


📢 Kucoin Exchange X $ICON 👉 Learn & Earn 💸 Try To Be an $ICON Specialist & Earn $ICX!

27 Jun 2022 1 minute read 0 comments FreedomBuilder

  🎁 Total Reward Pool: Complete the Quiz to share $15,000 in ICX! ☑️ Users who complete all the gleam tasks will win an equal share of the prize pool! 🏦 Login to your Kucoin account & get your UID "User ID".https://www.kucoin.com/ucenter/signup?rcode...

After A big Breakout From The Channel ICON Coin (ICX) Reached A Significant Resistance

9 Apr 2022 1 minute read 0 comments moon333

  You can also support my work at Patreon for more ideas: https://www.patreon.com/moon333   To check the Patreon trade success testimony, you can watch this pinned post: https://www.patreon.com/posts/63774800   In order to play and watch the current...

This Breakout Has Changed Everything For ICON Coin (ICX)

29 Mar 2022 1 minute read 0 comments moon333

  You can also support my work at Patreon for more ideas: https://www.patreon.com/moon333   To check the Patreon trade success testimony, you can watch this pinned post: https://www.patreon.com/posts/63774800   In order to play and watch the current...

ICON Coin Once Again Testing The Key Support Zone | ICX Price Prediction 2022

22 Feb 2022 1 minute read 0 comments moon333

  If you like the video then don't forget to upvote/tip and share, thanks   You can also support my work at Patreon for more ideas: https://www.patreon.com/moon333   In order to play and watch the current performance of the chart you need at least a...

After This Move ICON Coin Can Go For Another Moonshot | ICX Price Prediction 2022

3 Feb 2022 1 minute read 0 comments moon333

  If you like the video then don't forget to upvote/tip and share, thanks   You can also support my work at Patreon for more ideas: https://www.patreon.com/moon333   In order to play and watch the current performance of the chart you need at least a...

After Extreme Sell-Off ICON (ICX) Has Lost A Long-Term Support

11 Jan 2022 1 minute read 0 comments moon333

  Hi dear friends, hope you are well and welcome to the new update on ICON (ICX) coin.Broke down the triangle:On a weekly time frame we had very strong support of a symmetrical triangle, but unfortunately, ICX has broken down this long-term support....

It Can Be Another Wonderful Buy The Dip Opportunity For ICON (ICX)

2 Jan 2022 1 minute read 0 comments moon333

  Hi dear friends, hope you are well and welcome to another new update on ICON (ICX) coin.Big triangle and an expected reversal:On a long-term weekly time frame, the priceline of Icon coin is moving in a symmetrical triangle since Dec 2020 and sofar...

ICON Crypto Coin ICX & StealthEX AMA Recap – All You Need To Know

8 Oct 2021 7 minute read 11 comments StealthEX

On October 7, 2021 we had StealthEX & ICON crypto AMA Session in our Telegram Community Chat, and here is a recap. Just take a little time to read through and learn everything you need about the ICON ICX coin. Let’s start! Today, we are going to have...

Project Nebula: This NFT Game is Simply Mind Blowing!

10 Aug 2021 6 minute read 4 comments SamBTC

We all know that over the last few months NFT based games have been popping up daily and it’s nearly impossible to keep track of all of them. It’s an even tougher task to select which ones will be sustainable and which ones will fizzle out in a few w...

ICON (ICX) Get Ready For The Next Huge Rally

25 Jul 2021 1 minute read 0 comments moon333

  Support and resistance levels:The price action of the ICX coin is moving between the $0.60 support and $1 resistance levels. On the weekly time frame chart, we have 3 more resistance levels working as major resistances after $1. These resistance l...