ICON ($ICX) Profile with the TCL Fundy Team.
By: Ti Naugs
Tags: Blockchain, Crypto, Cryptocurrency, Blockchain Development, Blockchain Technology

Image from Cryptocurrency News

ICON is a high performance 3rd generation blockchain protocol that supports interoperability. It is one of the largest blockchain networks in the world and connects institutions in many major industries.

• Backed by the largest fintech group in South Korea, Dayli Financial Group, also one of the largest in Asia.

• Dayli Financial Group owns the following key companies:

— theloop, the largest blockchain company in South Korea responsible for developing both loopchain, the private enterprise version, and ICON, the public blockchain.

— Coinone, 4th largest cryptocurrency exchange in South Korea.

— DaVinci, the largest AI provider in South Korea with a clientele that includes AXA, the largest insurance company in the world, and Samsung Card. DaVinci will be developing ICON’s AI technology for IISS(ICON Incentives Scoring System).

• ICON currently has more than 80 full time employees working on the project, making it one of the largest teams (if not the largest) in the blockchain space. They are still actively hiring.

• ICON’s enterprise blockchain implementation, loopchain is one of the oldest and largest operating blockchain networks in the world. It has been used for over 2 years by some of the largest and most reputable companies of major industries in Korea including the 27 top financial securities firms that includes Samsung Securities.

•ICON CEO, Min Kim, with both Korean and American roots, has over a decade of experience with startups in Silicon Valley, including taking companies public. Min Kim also helped found Dayli Financial Group and is currently its CSO (Chief Strategic Officer).

This summary and more found in the complete breakdown of ICON on Steemit @ The Comprehensive ICON Report

ICON now!

June 5th:

ICONex released! -for Andriod, iOS coming soon

This mobile version of ICONNex will make it easier for users to access their wallets away from their computer. Store and manage your ICX and ETH just like you are able to through the chrome extension wallet. -link

June 7th:

ICON-Deloitte MOU (memorandum of understanding)

Through this agreement, the Deloitte Startup Advisory Group will provide professional services for the commercialization of blockchain based projects through accounting/financial consulting, tax advisory, risk consulting, investment sourcing and overseas advancement support. In addition, the two companies will continue to search for promising blockchain startups. -link

June 8th:

ICON and Carboneum Partnership

This collaboration brings ICON as Carboneum’s technical and strategic partner and it will proactively help Carboneum with its technical development on ICON blockchain and strategically support the project’s further expansion. -link

June 13th:

ICX Token swap accepted by more exchanges.

The token swap from ERC20 to the ICON mainnet (launched earlier this 2018) was set on their roadmap for May, but they stated that they were waiting for exchanges to make the necessary changes. Support for the ICX token swap was most recently announced by Binance on their Twitter where they opened an ICX/USDT pairing.

Coming up, for ICON.

· 2018. Q2 — ICX/ETH DEX, Public Channel (June 30th)

· 2018. Q3 — Governance Channel, IISS Improvement

· 2018. Q4 — SCORE Improvement

Fundamental Finale

Fundamentally ICON is nearly the picture of perfection. Creating, producing, and executing month after month. They are doing things differently than their competition. They identify a business’s need, where they then build a blockchain solution for that need. More typically everyone else builds the blockchain and requireds businesses to comply with it’s limitations and structure. As a blockchain 3.0 project it truly brings the scalability, incentives and partnerships to meet and exceed the requirements for mass adoption. They do lean on their successes and word of mouth for much of their marketing and this has worked well for them so far. With the launch of their ICX/ETH DEX possibly just weeks away, it would be expected that some additional international marketing and outreach would also be launched.

Trade Crypto Live watches ICON closely. We see a huge potential in ICON and believe that it is changing the way blockchain is perceived and used. They still support the most basic use cases for blockchain but also pursue growth through solving problems identified by their partners. ICON is an impressive real-world business that is breaking down the issues in the blockchain technologies of today.

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