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Valencia, Venezuela
4 Level
1087 Review
776 Karma

Review on ICON by José A Rodríguez

Revainrating 4 out of 5

Icon: A Decentralized Network Also Providing Cryptocurrency Adoption

Icon is another decentralized Blockchain network also committed to making the cryptocurrency trading more available in the real world. The labour of this company is really purposefully considering they have invested in a good frame of services to provide unique features over other projects. Today, the Icon company counts with multiple scenarios where their services already came, and they provide support to a good amount of private and public services. Some of them are Institutions of a private domain that are growing up rapidly due to the scalability of this network. I like it because it really offers the support it provides, a support that is ideal for both the company and the Institution that join their services.


For making everything more operative, this blockchain besides offering their token (ICX) which is operative in different exchanges, also gives access to good wallets for storing them and other cryptocurrencies as well. They offer two different wallets for two different purposes. However, they both have been useful among the community due to the free liquidity it has had. It is a convenient product for storing tokens and coordinating actions with this project. I think that although it is good, it counts with standard development for the design and the security. It is not outdated, but even not the most innovative release. It all depends on the users' likes.


Another good thing about this company is that they are supported by leading companies around the world. Some of those partners have advantages on the power for providing better-decentralized services and support to the technology rounding the blockchain. So, it is important to recognize this company is still growing, but it is doing it with excellent strategic support. The company think of the as a Republican ecosystem that is fully integrated by stunning safety protocol, user's guidance, blockchain terminology, and internal nodes aimed to the functioning of the platform. I can add this is an almost completed blockchain.


Now, after the falling on their prices a couple of years ago, the company has reinforced all the actions in trading for making it more popular. Surely, they are succeeding and the currency now maintains a more stable price with excellent options to trade with it despite all.


For now, I consider Icon is a good company providing the first necessary thing: decentralized secure services. They gave earned a good road during the years they have been offering services, and they certainly continue doing that. However, this is not a unique project at all. Some of their offers need to be updated and improved because of the high competition there is outside the ecosystem.



Pros
  • Ideal partner to the support of cryptocurrency adoption into the real financial world. They offer great purposes to centre the economy of the world through the partnership of Cryptos.
  • It is totally scalable and has presented good outcomes for trading, storing, and staking.
  • It has products for storing the ICX token that is also available for other currencies where users can even exchange and receive good liquidity.
  • Good partnership with leading companies that offer financial support not only to Blockchain but also to the protocols aimed to it.
  • Good model of decentralization is joined to the network to keep offering better options in the initiative they provide.
Cons
  • It is still less useful due that it is not innovative, but a release following known parameters from common networks.
  • Certain actions have decreased due to the lack of management in some of the informative areas the company provides.

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