A decentralized network connecting independent blockchains.
Features
ICON is a decentralized network designed to connect independent blockchains.
The ICON network is based on a proprietary blockchain technology (an open source project supported by the Korean government). ICON developers claim that their main objective was not to simply connect blockchain nodes, but to conduct a profound research of community-to-community connectivity. ICON’s initiative was to create a protocol (or cryptocurrency) that could be used in the real world within and between actual communities.
The ICON network can be broken down into three key elements: ICON network components, connectivity, operation. The idea is that disparate blockchain communities (capital markets, various institutions, etc.) could be connected to form an ICON Republic through a linking Nexus network.
The ICON network operates on a loopchain that can facilitate real time transactions based on enhanced Smart Contract.
The network will be integrated with ICON tokens (ICX). It is a loopchain-based smart contract digital protocol, which will allow ICON participants to facilitate, verify and enact agreements.
Technical Details
ICON operates on loopchain with following technical features: - LFT (Loop Fault Tolerance) is an enhanced BFT (Byzantine Fault Tolerance)-based algorithm that promotes faster consensus and ensures the finality of the consensus without the possibility of forks within the network. - SCORE, loopchain's own Smart Contract platform, ensures contracts to run directly in the node operation environment without a separate Virtual Machine. - Multi-channel feature allows multiple independent channels to be created within the same blockchain network to execute request, consensus, and Smart Contracts separately. - Tiered access system to differentiate access rights to nodes with different functions
Crowdsale
ICO start date | 16 Sep 2017 |
---|---|
ICO end date | 18 Oct 2017 |
Hard cap size | 45,000,000 USD (fiat) |
Raised | 45,000,000 USD |
Ticker | ICX |
---|---|
Additional Token Emission | No |
Accepted Currencies |
ETH |
Token distribution |
800,460,000 in total 400,230,000 for sale 16% for reserve 10% for team, advisors and early contributors 10% for community groups and strategy partners 14% for the foundation |
Ratings
Type of ratings
|
Rating
|
Status
|
---|---|---|
Hype score |
Medium
|
Active |
Risk score |
Low
|
Active |
Team members
Name
|
Position
|
Score
|
Social
|
---|---|---|---|
Foundation Council |
1.1
|
||
Foundation Council |
1.1
|
||
Foundation Council |
1.1
|
||
Foundation Council |
1.1
|
||
Product Manager |
1.1
|
||
Blockchain Developer |
1.1
|
||
Blockchain Developer |
1.1
|
||
Blockchain Developer |
1.1
|
||
Blockchain Developer |
1.1
|
||
Product Manager |
1.1
|
||
Marketing Department Leader |
1.1
|
||
Blockchain Developer |
1.1
|
||
Product Manager |
1.1
|
||
Blockchain Developer |
1.1
|
||
Blockchain Developer |
1.1
|
||
Blockchain Developer |
1.1
|
||
Product Manager |
1.1
|
||
Security Department Manager |
1.1
|
||
Blockchain Developer |
1.1
|
||
Blockchain Developer |
1.1
|
||
Security Department Leader |
1.1
|
||
Design Department Manager |
1.1
|
||
Product Manager |
1.1
|
||
AI Developer |
1.1
|
||
AI Director |
1.1
|
||
Data Engineer |
1.1
|
||
AI Department Leader |
1.1
|
||
Product Manager |
1.1
|
||
UX Design Department Leader |
1.1
|
||
Product Manager |
1.1
|
Advisors
Name
|
Position
|
Score
|
Social
|
---|---|---|---|
Advisor |
1.4
|
||
Advisor |
1.1
|
||
Advisor |
1
|
||
Advisor |
1
|
||
Advisor |
1
|
||
Advisor |
1
|
Funding Rounds
Fund
|
Status
|
aum
|
Strategy
|
---|---|---|---|
Live | NA |
Venture , Accelerator
|
|
Live | NA |
Venture
|
|
Live | NA |
Venture
|
|
Live | NA |
Asset management
|
Development
Pre-Launch
|
Launch
|
Custom blockchain
|
Testnet
|
Mainnet
|
---|---|---|---|---|
Done | Overdue | Yes | Done | Done |
Trading |
(ICX) |
---|---|
$0.1338
5.51% 24H |
ETH
return 1.04x |
Start ICO | 16 Sep 2017 |
---|---|
End ICO | 18 Oct 2017 |
Token | ICX |
Price | 1 ICX = 0.2176 USD |
KYC | No |
Whitepaper |
|
Blockchain Infrastructure
Status | Pending |
---|---|
Hype score | High |
Risk score | NA |
Basic Review | NA |
Blockchain Infrastructure
Status | Pending |
---|---|
Hype score | High |
Risk score | NA |
Basic Review | NA |
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