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ICON (ICX)

ICO

A decentralized network connecting independent blockchains.

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Overview

Project industryBlockchain Infrastructure
Genesis date2017-09-19

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

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What is ICON

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.

Details

Hard cap: 45,000,000 USD(fiat)
Raised: 45,000,000 USD

Token info

Ticker: ICX
Token price in USD: 1 ICX = 0.2176 USD
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

ICON Roadmap

1
Sep.2017

Pre Sale Start

2
Oct.2017

Token Sale Start

3
4Q. 2017

MAIN NET Launch Decentralized Exchange Launch Wallet WEB/iOS/Android

Advisors

Don Tapscott
Don Tapscott
Advisor
Jason Best
Jason Best
Advisor
Yiseul Cho
Yiseul Cho
Advisor
Ismail Malik
Ismail Malik
Advisor
Simon Seojoon Kim
Simon Seojoon Kim
Advisor
Eddy Travia
Eddy Travia
Advisor
Jehan Chu
Jehan Chu
AdvisorAI Department
Sunghwan Kim
Sunghwan Kim
AI Department Leader
SH Park
SH Park
AI Director
Seok Heo
Seok Heo
AI Developer
ST Kwon
ST Kwon
Data Engineer
SY Kim
SY Kim
Product ManagerBlockchain Department
YG Lim
YG Lim
Product Manager
Nathan Kim
Nathan Kim
Product Manager
Flora Kim
Flora Kim
Product Manager
Amy Jung
Amy Jung
Product Manager
Jiyoung Lee
Jiyoung Lee
Product Manager
Henry Hyunil Lee
Henry Hyunil Lee
Product Manager
Dongok Ryu
Dongok Ryu
Blockchain Developer
Hyunkoo Shin
Hyunkoo Shin
Blockchain Developer
ByeongKil Sohn
ByeongKil Sohn
Blockchain Developer
Jintae Hwang
Jintae Hwang
Blockchain Developer
Junghwan Ahn
Junghwan Ahn
Blockchain Developer
Jungsang Yoo
Jungsang Yoo
Blockchain Developer
Chunghyun Kim
Chunghyun Kim
Blockchain Developer
Heizel Kim
Heizel Kim
Blockchain Developer
Jinho Yoo
Jinho Yoo
Blockchain DeveloperDesign/Marketing/Security
US Byun
US Byun
UX Design Department Leader
Mingyeong Song
Mingyeong Song
Design Department Manager
Gail Kang
Gail Kang
Marketing Department Leader
Kyungmin Chun
Kyungmin Chun
Security Department Leader
Joon Heo
Joon Heo
Security Department ManagerFoundation Council
KJ Eee
KJ Eee
Foundation Council
JH Kim
JH Kim
Foundation Council
Jay Kim
Jay Kim
Foundation Council
Hoon Lee
Hoon Lee
Foundation Council
Min Kim
Min Kim
Foundation Council

Social media

ICON web-siteICON MediumICONYouTubeICON TelegramICON LinkedInICON FacebookICON SlackICON Github

User rating:

5/5 ( 2 )
0

ICON rating

8
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ICObench3.8 / 5ICON (ICX) icobench
ICOholder3.8 / 5ICON (ICX) icoholder
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ICON Price

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