ICON (ICX)

The advent of blockchain technology has introduced the world of decentralization and is challenging our preconceived perspectives of the current social, political, and economic systems, most notably, the central banking system. The rapid advancement of this technology has begun to blend world borders and statute, providing glimpses of an improved, alternative future. Yet, the technology is still at its infancy and is confronted with limitations in terms of performance, ease of use, and service quality. 

Generally, the majority of blockchain projects place emphasis on their decentralization methodology and lack evidence of adoption in the real world due to their technological and business limitations.These opportunities offer ICON Project to appear and help solve these problems.  BiKi Exchange is pleased to list ICX as one of our different tokens for trading and purchasing in the cryptocurrency market. 

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1.What is ICON (ICX)?

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On the Project side

The ICON Project aims to overcome such challenges and help advance our society towards true hyperconnectivity. 

ICON is inspired by Gilles Deleuze and Felix Guattari’s rhizome – “the world with no center point and the world where any point is a mere connection to other points.” ICON is a connector of disparate cryptocurrencies with different blockchain governances, and furthermore, a connector of the crypto world to our real world. ICON embraces the new and the unfamiliar, the principle of radical inclusion – accept new ideas and decisions made by the new republic established by ever-changing crypto-to-real world connections.

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On the token side

  • The ICX cryptocurrency has a total supply of 800,460,000. Its peak price as of this writing was $12.11 on January 9, 2018.
  • ICX is tradable on BIKI.com (where it’s primarily paired to BTC and USDT), DragonEX, ABCC, Upbit, and HitBTC. Like Ethereum and Gas, ICX tokens are used to tokenize smart contract transactions on the main net blockchain.
  • ICX tokens were ERC20 tokens that can be stored in any Ethereum wallet, but a token swap migrated them to the mainnet June 2018. ICON’s blockchain is more like the Plasma or Ontology blockchain in that its purpose is to act as an intermediary between other blockchains and networks. This interconnectability makes the ICON project worth keeping an eye on over the next decade.

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2. What are the Competitive Advantages of ICX?

ICON is poised to be South Korea’s first big hit blockchain. Its connective design and A.I. pricing solution makes it a great value and data exchange platform. While a strong start, it still has a few bases to touch before scoring the run. Here’s what makes ICX 2018’s Rookie of the Year:

  • ICX is an ERC20 token, and ICON is an independent chain that connects multiple Community sidechains, enabling cross-platform data and value communication. It also supports dApps.
  • ICON was created by Dayli Financial Group, a well-founded FinTech firm that also owns a crypto exchange. It’s gaining acceptance in South Korea.
  • ICON Dex is an on-chain decentralized exchange for OTC exchanges. In addition, incentives are determined through an A.I. based on DAVinCI.

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3. ICX Data

[Updated on 29th June 2020 based on: https://www.coingecko.com/en/coins/icon ]

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ICON Price$0.285938
ICON ROI Beta160.1%
Market Cap$158,448,322
Market Cap Dominance0.06%
Trading Volume$26,551,532
Volume / Market Cap0.1677
24h Low / 24h High$0.278995 / $0.294868
7d Low / 7d High$0.281617 / $0.324994
Market Cap Rank#53
All-Time High$13.16 -97.8%Jan 09, 2018 (over 2 years)
All-Time Low$0.107465 166.4%Jan 03, 2020 (6 months)
ICON/Bitcoin Ratio1 BTC = 31843.23 ICX

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4. ICX Website Community Socials

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