ICON Network is a layer-one blockchain focused on building a multichain bridging solution that is scalable, chain-agnostic, and secure. ICON is a hub that connects partner blockchains with all other blockchains integrated via BTP.

Blockchain Transmission Protocol (BTP) is ICON's main product and interoperability solution that supports cross-chain token swaps as well as more generic messaging features like corss-chain smart contract calls.

Blockchains connected to the ICON ecosystem include, Binance Smart Chain, Near, Harmony, Moonriver, Polkadot, ICE/SNOW, Ethereum, amongst others.

ICON is a thriving ecosystem of dApps, that include deFi protocols (Balanced, Omm), NFT platforms (Craft), games, and more.

ICON Network was co-founded by Min Kim, the former chief strategy officer of DAYLI Financial Group, Korea’s largest fintech holding company, and the chief operating officer at Tapas Media, a U.S. digital content distribution platform. He is also an alumnus of Haas School of Business at the University of California in Berkeley. Min Kim incubated ICONLOOP, ICON’s technical partner.

Unlike other bridging solutions, ICON presents an interoperability solution that is limited neither by the base technology of the blockchain nor number of existing connections.

ICON is a hub that instantly connects all blockchains that are integrated with the ICON ecosystem, whether it is built using ICON's Goloop, Cosmos SDK, or Substrate.

ICON's mission is to build a multichain future by integrating with existing networks and also facilitating the creation of new networks and connections via its interoperability solution, BTP.

ICON is a delegated proof-of-stake (DPoS) network, which means a majority of stakeholders delegate their share of the network – in this case, ICX – to registered validators that produce blocks and participate in governance. ICON’s DPoS consensus lets non-technical stakeholders benefit from staking without having to set up a node or join a staking pool.

On ICON, ICX holders can stake and delegate ICX to P-Reps – entities that have registered to participate in governing the ICON blockchain. This DPoS implementation offers the best of both worlds – stakers can passively earn rewards, while technical individuals that are actually interested in setting up infrastructure and governing ICON can do so.

The ICON blockchain is governed by Public Representatives (P-Reps). To become a P-Rep, a team or individual must go through an on-chain registration process which includes paying a 2,000 ICX registration fee. Following registration, a P-Rep can start receiving delegation in the form of staked ICX.

To read more: ICON Governance.

ICX is available on Binance, Upbit, Bithumb, Uniswap (V2), BitStamp and Gate.io.

The all-time high of ICX was 12.64 USD on 2018-01-09, from which the coin is now down 99.67140649553798%. The all-time high price of ICON (ICX) is 12.64. The current price of ICX is down 99.67140649553798% from its all-time high.

As of , there is currently 1.10Bn ICX in circulation. ICX has a maximum supply of 0.

The current market cap of ICX is 45.54M. It is calculated by multiplying the current supply of ICX by its real-time market price of 0.041534218964.

The all-time low of ICX was 0.10693743 , from which the coin is now up -61.16026075809003%. The all-time low price of ICON (ICX) is 0.10693743. The current price of ICX is up -61.16026075809003% from its all-time low.

ICON (ICX) has a market capitalization of $45.54M and is ranked #541 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze ICON (ICX) price trends and patterns to find the best time to purchase ICX.