ICON (ICX) Cambio

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What is ICON?

The ICON Whitepaper describes the debut of the ICON Network based on a description of the role of rhizome by Gilles Deleuze and Felix Guattari, which serves as the center of everything. The ICON network thus focuses on Blockchain Network’s interoperability feature.

Through ICON’s Blockchain Transmission Protocol, different blockchain networks can connect and transact on the platform. The ICON network is based on the native cryptocurrency ICX, which works on a Delegated Proof of Stake (DPoS) consensus protocol. ICX also utilizes a Delegated Proof of Contribution economic governance model.

The ICON Foundation is a South Korean based blockchain firm. The foundation conducted an Initial Coin Offering (ICO) for the ICX token in September 2017 and raised about US$43 million. ICX has no maximum supply and has a circulating supply of about 573,013,901 ICX coins.

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