ICON (ICX) Cryptocurrency Review – The Team

ICON (ICX) Cryptocurrency Review – The Team

ICON’s slogan, “hyperconnect the world,” is incredibly logical, as the project aims to create one of the biggest decentralized networks found anywhere, allowing for hyperconnectivity between countries and people.

ICON, found online at ICON.foundation, is a project that could change the way blockchains interact with each other. The ICON project is building one of the largest decentralized networks in the world.

The network involves a group of independent blockchains working together. ICON can facilitate transactions between blockchains – even when there are independent blockchains with different governances.

Supported by loopchain, the ICON Republic is the hub that accommodates the individual communities that coexist on ICON’s platform.  As previously stated, C-Reps connect each community to the republic at large.

RISK WARNING: YOUR CAPITAL MIGHT BE AT RISK

One of the core features of ICON is the ICON Wallet, which can transfer, settle, and exchange currencies in real time through a decentralized exchange (DEX). It can be used in our everyday lives within the ICON community – like for banks, securities, insurance, universities, and other organizations built on the ICON network.

Although there are already several decentralized networks, the expansion of ICON should allow for a unique addition to the crypto-world due to its size. Its scalability and accessibility make it a convenient choice for many who favor decentralization.

ICON is led by KJ Eee, JH Kim, Jay Kim, Hoon Lee, and Min Kim. They’re all listed as members of the Foundation Council. The Korea-based team has an extensive background in computer science and engineering. They’re supported by dozens of other team members, all of whom are listed on the official ICON.foundation website.

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