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ICON

ICX

ICON
DPoS blockchain and smart contract platform
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Twitter
Categories:
Layer1
Infra
Region:
Korea
Founded:
2016
ICON is an open-source Layer 1 delegated proof-of-stake (DPoS) blockchain and smart contract platform focused on connecting different blockchains and their respective communities. ICON's Blockchain Transmission Protocol (BTP) is a trustless and chain-agnostic interoperability solution that supports generic smart contract calls between connected blockchains. 
It provides a high-performance smart contract execution environment powered by the Java Virtual Machine (JVM) that is ideal for developing minimal-latency cross-chain dApps. The ICON blockchain is governed by validators elected through the network's ICX staking and delegation mechanism.
ICON Fundraising
Fundraising Event
RoundAmountValuationDateInvestors
ICO$43M--Sep 01, 2017
Investor
Pantera Capital
United States
Hashed
Korea
Bitscale Capital
Russia
ICON Team
Min Kim
Co-Founder
Min Kim
Co-Founder
ICON Investment Portfolio
Rounds in the Past Year
0
Historical Rounds
1
Lead Investments
0
Portfolio Numbers
1
ProjectFunding StatusRegionCategoriesEcosystemFoundedToken Issuance
Efficient Frontier
Israel
CeFi
Quantitative Trading
Market Makers
Jan 01, 2018
No Token
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ICON
ICX
$0
-0.86%
Total dollar volume24H
$8,567,947
High24H
0.1676 USDT
Low24H
0.1543 USDT
Market Cap
#304$166,982,148
FDV
$169,003,729
Turnover rate
5.13%
Circulating supply
1,032,666,344
Total supply
1,045,168,392
Max supply
∞
All time high
3.2 USDT
All time high date
Mar 31, 2021
Down from All time high
-94.95%
Cycle low
0.1 USDT
Cycle low date
Aug 05, 2024
Up from cycle low
55.33%
Official links
Website
White paper
Socials
Twitter
Telegram
Reddit
Introduction

The ICON (ICX) token is the native cryptocurrency of the ICON Network, a blockchain platform aiming to facilitate seamless communication and interoperability between various blockchains. ICON aims to create a decentralized network that allows different blockchains to interact and share information, enabling real-world use cases and fostering collaboration between different industries.

The Total Supply of ICX tokens is 977,161,339 pieces, the current circulation is about 965,732,989 pieces, and the market circulation accounts for 98.83% of the total. The current price of a ICX is $0.0205, a decrease of 40.2% compared to half a year ago. The current total market value of ICX is $161,733,651, and the FDV is about $163,647,585.

ICON's focus on blockchain interoperability and its unique approach to building a decentralized ecosystem have positioned it as a significant player in the blockchain industry.ICX tokens serve as the utility and governance token within the ICON ecosystem. They are used for various purposes, including participating in network governance decisions, staking for block validation, and facilitating transactions and smart contracts on the network.

The ICON project was founded by the ICON Foundation, which includes a team of blockchain developers, engineers, and experts in various fields. Their goal is to build a blockchain infrastructure that can connect disparate blockchain networks, enabling data and value transfer without intermediaries.

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