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Review on ICON by Mason Michaud
The ICON network aims to be highly usable, making it possible to utilizeโฆ
The ICON network aims to be highly usable, making it possible to utilize blockchain technology in daily lives. Throughout project development, the team has worked to create real-world applications to be used by real communities and businesses. ICON will also have DAVinCI, the artificial intelligence solution from ICON that major financial institutions already trust.
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Pros
- Several organizations are involved with ICON, including the ICON Foundation, a nonprofit in Switzerland. The foundation will support the community in multiple ways and led the ICON Token Sale. Theloop is a company focused on developing blockchain engines with headquarters in Korea. It is in charge of the Smart Contracts and ICON Nexus development. Finally, DAYLI Intelligence provides DAVinCI, which is the artificial intelligence solution that optimizes distribution and the network. The team behind ICON is extensive, including eight advisors; six members of the foundation council; 13 people in the blockchain department; five in the AI department; and an additional five team members for marketing, design, and security.
Cons
- The ICON project because of its modular design makes it possible for different companies, individuals, etc. to interact almost instantly. This idea appealed to investors, so they bought 200 million ICX tokens in just a few hours, which brought developers 42 million dollars.
