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Review on ICON by Cryptobill Gates

Revainrating 5 out of 5

In summary, ICON is approaching blockchain technology in a completely…

In summary, ICON is approaching blockchain technology in a completely different way. Instead of creating a product and making the customer adapt to it, ICON enters and learns the personal needs of the business they are working on. This is something we have not seen so often in Crypto. The impressive partnership of ICON and the scalability for mass adoption coincide well with what Blockchain 3.0 aims to achieve. I think the same incentives to compete with the NEO and ICO coin development similar to what we have seen from Ethereum is really icing on the cake.



Pros
  • ICON (ICX) ICON seeks to "connect the world" by using their innovative Loopchain technology to build one of the largest hierarchical networks in the world that is scalable to apply worldwide. . ICON has established partnerships with big business names in Korea, boasting many well-established financial institutions, insurance companies, hospitals and universities for their records. South Korea is a country with a very clear demand for Blockchain technology with government officials and financial regulators publicly supporting Crypto.ICX is currently in the 23rd position with a $ 1.4bn market that seems to be large, many suggesting that we can see the price rivalry with leading rivals such as Ethereum or NEO and may rise. $ 50 at the end of 2018, of course, this depends on the speed at which the overall electronic money market develops. ICO price is $ 0.11, today's price is $ 3.83 and the highest price of all time is $ 12.47, equivalent to an increase of 11000%. The main trading volume of ICX Volume (24h) is Binance, it seems weird to consider this one based in Korea. ICX is not actually listed on any Korean trading platform. I hope we will see the ICX listed on Korean exchanges such as Bithumb, Upbit, etc. throughout 2018, which will allow a huge amount of capital.
Cons
  • ICON has high quality Beta tokens, for good profitability, but may face high competition from the Korean market.

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