ICON

ICON (ICX)

$0.35598
‑$0.00981‑2.69%

About

ICON is a blockchain technology and network framework designed to allow independent blockchains to interact with each other. ICON is supported through a cryptocurrency token, called ICX. ICON is a South Korean-based company that developed a blockchain technology and accompanying cryptocurrency token called ICX. The company bills itself as an interconnected blockchain network, allowing participants in a decentralized system to “converge” at a central point. This is done by connecting a community to other communities through ICON Republic and Citizen Nodes. While blockchains are most commonly associated with cryptocurrencies, enthusiasts point out other areas where the technology can be applied. Any exchange of information can technically be added to a blockchain, though adding some types may not be cost-effective. Transactions involving securities, currencies, business contracts, deeds and loans, intellectual property, and personal identification could be “tokenized. 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. ICON sports its very own decentralized exchange. This DEX sets currency reserves for each blockchain community so that ICON communities can exchange value in real time through the ICON Republic. In this way, DEX complements C-Rep portals by establishing another gateway for ICON Communities to connect to the ICON Republic.
PlatformEnterprise SolutionsInteroperabilitySmart Contracts

Price and Market Statistics

Market Cap
$326.49M‑2.69%
24h Vol
$10.69M‑13.42%
Dominance
0.03%‑0.00%
Current Supply
919483096
Day's Range
$0.34228$0.37243
52 Week Range
$0.32035$2.69
Rank
111
Max Supply

All Time High

All Time High
$12.52
% down from ATH
‑97.16%
ATH Date
January 9, 2018
Days since ATH
1592

ROI

1 day
‑$0.00981‑2.69%
1 week
‑$0.02111‑5.61%
1 month
‑$0.48334‑57.65%
3 months
‑$0.34307‑49.14%
6 months
‑$2.15‑85.81%
1 year
‑$0.85344‑70.62%