ICON ICX ICO crowdsale price rating, token, roi, ICON scam report, status

ICON

Token: ICX

Hyperconnect the World

ICO dates

Start date: 2017-09-22

End date: 2017-09-22

Registrated in: Japan

Platform: Ethereum

PREMIUM ICO

PREMIUM LISTING

More info

https://icon.foundation/en/ Screenshot

https://icon.foundation/en/ (2018-05-16)

ICON categories

Platform Infrastructure

Video

ICON token sale

KYC passing required No | Whitelist No | Restriction for countries No

Hard cap	150000 ETH
Tokens for sale	400,230,000
Sold tokens	400,230,000

Price	0.11 USD
Acceppting	ETH

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Random whitepaper excerpts

Contents
Abstract
.......................................................................................................................... 1-4
1. Introduction
............................................................................................................. 5
1.1. Vision
................................................................................................................................ 5
1.2. Background
..................................................................................................................... 5
2. ICON
.......................................................................................................................... 7
2.1. Hyperconnect the World
................................................................................................7
2.2. Hyperconnect Korea
...................................................................................................... 7
2.3. How to Design
......................

4.4. SCORE (Smart Contract on Reliable Environment)
...............................................24
4.5. BSI (Blockchain Signature Infrastructure)
...............................................................25
5. Roadmap
................................................................................................................26
5.1. Business Roadmap
......................................................................................................26
5.2. Technical Roadmap
......................................................................................................26
6. ICX token
................................................................................................................27
6.1. Term Summary
..............................................................................................................27
6.2. Allocation
......................................................................................................................

A rhizome has no beginning or end; it is always in the middle, between things, interbeing,
intermezzo. The tree is filiation, but the rhizome is alliance, uniquely alliance. The tree imposes
the verb 'to be' but the fabric of the rhizome is the conjunction, 'and ... and ...and...'This
conjunction carries enough force to shake and uproot the verb 'to be.' Where are you going?
Where are you coming from? What are you heading for? These are totally useless questions.
-
『
Mille Plateaux
』
, Gilles Deleuze & Felix Guattari
Abstract
The advent of the blockchain technology has introduced the world of decentralization and is challenging
our preconceived perspectives of the current social, political, and economic systems, most notably, the
central banking system. The rapid advancement of this technology has begun to blend world borders
and statute, providing glimpses of an improved, alternative future. Yet, the technology is still at its
infancy and is confronted with limitation...

1. Introduction
1. Introduction
1.1. Vision
The vision of the ICON Project is to introduce the new era of decentralization by redefining the meaning
of communities and creating a new world by connecting such communities. Communities today are
commonly defined by its social and political functions and limited to the economic boundaries set forth
by world nations. Through ICON, communities can go beyond and be free from traditional economic
system and promote frictionless value exchanges with other communities, eventually resulting in
maximum total utility of society. ICON is not limited to the real world, but it directly connects and
communicates with the crypto world creating the most robust network that can scale without limits.
The ICON Project aims to build a decentralized network that allows independent blockchains with
different governances to transact with one another without intermediaries. Anyone can create a new
blockchain project and join the network. A new blockchain project is free to c...

1. Introduction
Various DAPPs have been developed, most notably a USD$170 million decentralized and autonomous
venture capital fund called the DAO project. Unfortunately, DAO was hacked in June 2016 and
Ethereum went through hard-fork to restore the stolen funds. Many issues, particularly on Proof-of-
Stake consensus, are still under discussion among the Ethereum developers, which includes the
founder Vitalik Buterin, and miners.
Despite the facts above, Ethereum is gaining popularity as a ICO platform due to the simplicity of ERC20
Token generation. But ironically, the popularity of certain ICOs such as Status.im has resulted in
overload of the entire Ethereum network.
Bancor
2
Bancor provides Decentralized Exchange (DEX) that allows real-time cryptocurrency transactions
based on fair price deriving algorithm that uses Ethereum reserves. With the concept of exchanging
Ether and Bancor Token(BNT) via DEX, Bancor raised over USD$150 million in ICO.
Bancor has succeeded in supporting di...

2. ICON
2. ICON
2.1. Hyperconnect the World
The ICON Project began with the goal to enrich our everyday lives through “connection”. The history of
mankind’s
technological innovation is related to our history of connection. The creation of postal service
made it possible to connect each other's thoughts without having to physically meet. Telephones made
it possible to connect each other in real time regardless of the distance, and wireless communication
added freedom of mobility. And with the advent of the Internet, real-time connection to everything, not
just people, has become possible anywhere in the world. Despite these breakthrough innovations,
today’s level of connection is still not perfect.
With the ICON Project, we are now moving closer to a
more seamless connection.
We live in a world where it is possible to buy a cup of latte at Starbucks with one swipe of a credit card.
But in fact, there is a more complex process behind the scenes. The information acquired from P...

2. ICON
eventually, the world. The ICON team believes that the fundraiser can greatly accelerate the growth of
the ICON Network in Korea and further support our ambition for global expansion.
2.3. How to Design
The ICON Project is not simply a connection of blockchain nodes, but a deep study or an investigation
of community-to-community connectivity. ICON started with the mission to create a protocol, or
cryptocurrency, to be actively utilized in the real world within and between actual communities. There
were three (3) considerations when designing of the ICON Network:
1) Components of the ICON Network
2) How to connect
3) How to operate
We first define the elements that constitute the ICON Network, then investigate the way each element
is connected. We also look at how the ICON Network operates with a focus on the effective governance
2.4. Components of the ICON Network
Components of the ICON Network:
①
Community,
②
C-Node (Community Node),
<...

2. ICON
Rep, and other Citizen Nodes. ICON Republic's governance is determined by C-Rep votes, and hence,
decentralized. ICON Republic functions as a communication channel between communities, and does
not affect the governance of the communities.
Citizen Node
Citizen Node is a component of ICON Republic. Anyone can participate as Citizen Node by DAPPs
created on
loopchain
. However, Citizen Node does not have voting rights for the governance of ICON
Republic, and has only the right to create a transaction. Citizen Node can also be C-Rep with the right
to vote if certain conditions are met.
2.5. How to Connect
The types of connections in the ICON Network are:
①
Connection between nodes within a single
Community,
②
Connection between nodes within ICON Republic,
③
Connection between
Community and ICON Republic,
④
Connection between different Communities
Connection between nodes within a single Community
...