ICON is an interconnecting blockchain network that connects independent blockchains without the need for additional intermediaries and the ICON team provides unique blockchain solutions to banks, hospitals, and universities. The ICON platform represents the next generation of blockchain technology and aims to bring forth decentralized applications (DAPPs) that can be used swiftly and securely by a variety of institutions and communities.
The ICON platform utilizes its native currency ICX, and this could be set for a boost as a number of developments are lined up for the South Korean project. ICON has recently announced a partnership with the Loop, and has six ICOs preparing to take place on its platform. On top of this, the mainnet ICX tokens are scheduled to be released soon and the development team is in the process of producing a new whitepaper which outlines the staking mechanism to be utilized by the network. Finally, rumors are beginning to grow of a possible listing on Bithumb for the ICX token. As a result, this may prove to be a great entry point for anyone interested in the project
Source CoinCodex
