Icon is a cryptocurrency which was created for the Icon blockchain. It is a project of a system that combines different blockchains in one network. The main goal of the project is to create a system of direct payments based on ICX. This system will allow people to pay for goods and services provided by partners of the Icon network.
The ambitious task of Icon is to unite all activities in the country through its blockchain system. It has an open-source ecosystem that allows some organizations such as hospitals, universities, and other institutions to interact without the involvement of third-party services that can charge transaction fees or delay the process.
Icon was developed by a Korean company called “The loop”. The loop’s engineering team started the research in June 2015. It is a joint venture which was created by DAYLI and three Korean universities. The team consists of many experts in the field of blockchain development. Furthermore, it includes experienced marketers and financiers.
The developers of the Icon project were not the first who decided to create a system that combines different blockchains. The team of the Ethereum platform was the first who worked in this direction. It should be noted that this project is carried out by people who are familiar with blockchain technology. Icon is a project of the Dayli Financial Group (one of the largest cryptocurrency companies).
Let’s say you want to buy Icon. What should you do? We suggest you go to the SimpleSwap homepage and follow the instructions below:
This is everything you need to know to buy ICX.