ICON (ICX) Cryptocurrency Review

ICON (ICX) Cryptocurrency Review

According to its website, ICON aims to „hyperconnect the world“. The ICON project is building one of the largest decentralized networks in the world. The vision of the ICON Project is to introduce the new era of decentralization by redefining the meaning of communities and creating a new world by connecting such communities.

ICON is designed to be a massive scale ecosystem, allowing different blockchains connecting to one another through their protocol. This means that universities, security firms, banks, hospitals and other private blockchains will all be able to share information through ICON’s online ledger without intermediaries.

There are multiple organizations connected with ICON, such as ICON Foundation, a non profit organization in Switzerland. Support from the Foundation comes in many ways, including the ICON Token Sale.

RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK

ICON has established itself as the dominant market leader in Korea via theloop, a Korea-based for profit. Theloop is responsible for the Smart Contracts and ICON Nexus development. Distribution and the network are optimized with artificial intelligence solution called DAVinCI provided by DAYLI Intelligence.

With a solid track record, the project has been running strong for over 2 years now. ICON has plans to expand loopchain’s capabilities through the bridging existing blockchains, and it has already brought to market its ICX token. To buy ICX you will first need to buy another digital currency such as Bitcoin or Ethereum.

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