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Review on ICON by Logan Wasson
The ICON project is building a global decentralized network. In the ICON worldโฆ
The ICON project is building a global decentralized network. In the ICON world, independent blockchains with different governances can transact with one another without intermediaries. Dozens of reputable institutions are already in the network. Anyone can create a new blockchain project and join the network
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Pros
- Many cryptos can claim something akin to the above as a best case scenario, but the developers of ICON have placed a clear emphasis on the token's practical use. And it's worth mentioning that the project is led by an impressive team of advisors, including Don Tapscott
Cons
- The ability of individual Communities to choose a crypto besides $ICX to facilitate internal value exchanges hurts the ICX token's potential from an investor perspective, as large organizations could unite all of their operations in one Community and use whatever currency they want. However, the ICX token still has great potential if it becomes the standard unit of exchange for even one major industry.
