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⏰ Time Stamps ⏰

1:06 Overview
3:45 Partnerships
5:37 ICON Loop
8:50 Updates & Milestones
11:22 2020 Roadmap
13:33 Staking ICX & Markets
14:43 Conclusion

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⛓️ 🔗 Useful Hyperlinks 🔗 ⛓️

► Web site:
► Whitepaper:
► GitHub:
► Staking on ICON:
► Icon Loop:
► Icon dApps:

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📱️ Socials 📱

► Official Weblog:
► Twitter:
► Telegram:

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📝 Challenge Overview 📝

ICON is a undertaking that’s constructing a decentralised community that permits different impartial blockchains with completely different governance buildings to work together with none intermediaries. its targeted on interoperability between seemingly disparate techniques.

⚙️ Chainlink Collab ⚙️

ICON has entered a collaberation with Chainlink. This may see ICON utilizing Chainlink’s decentralised oracle community with the intention to entry offchain knowledge.

It would allow any ICON dapp to entry exterior real-world knowledge and produce it into their decentralised software. Let me break this down for you with a couple of examples. The mixing is also used in order that you would pull in dependable knowledge from different blockchains.

🏢️ Icon Loop 🏢

Whereas ICONLOOP is for revenue startup, they’re actively concerned in rising out the ICON ecosystem. You’ll be able to consider them as analogous to the work that Consensys does on the Etheruem blockchain. Constructing out enterprise options that use open supply distributed networks.

You even have ICONLOOP coming into extra particular memorandum of understandings with different firms. For instance, in February of this 12 months they signed one with Saramin which is a big job placement platform in Korea.

With ICONLOOP you’ve got a devoted firm that’s forming partnerships and constructing options which in flip are powering ahead an open supply community in ICON.

🗳️ Governance 🗳

There are 22 of those P-reps presently within the ecosystem. You’ll be able to see all of them right here on the ICON tracker.

This is a vital step for any blockchain because it signifies the passing of the reins to the neighborhood. It is step one to decentralisation and neighborhood governance. And it’s actively being utilized by the neighborhood. There have been a lot of community proposals which have beforehand been voted on.

👨‍💻️ Roadmap 👨‍💻

Just a few weeks in the past, they launched their 2020 roadmap. It was fairly a complete roadmap with a lot of enhancements damaged down into 4 main themes.

These had been:

– Community Enhancement
– Open Source Enhancement
– Upgrades to Governance
– Blockchain Transmission Protocol & sidechain

There have already been fairly a quantity which have been constructed on the ICON community. These are fairly numerous and vary from decentralised freelance marketplaces to Casinos and decentralised journey companies.

📈 Staking 📈

Presently, staking rewards are at 17% however it was a lot larger solely a month in the past. The return is almost definitely falling as extra individuals get entangled with the ICON community and drive the returns down.

Demand for ICX has been on an upward march over the previous two months. ICON was among the finest performing altcoins when in comparison with Bitcoin.

By way of the markets for ICX, extra liquidity appears to be opening up regularly. In September of final 12 months you had Kraken itemizing the token after which simply this February you had Binance US providing it to their merchants.

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📜 Disclaimer 📜

The data contained herein is for informational functions solely. Nothing herein shall be construed to be monetary authorized or tax recommendation. The content material of this video is solely the opinions of the speaker who shouldn’t be a licensed monetary advisor or registered funding advisor. Buying and selling Foreign exchange, cryptocurrencies and CFDs poses appreciable threat of loss. The speaker doesn’t assure any explicit consequence.

#Icon #ICX #crypto #Staking #Chainlink #LINK #blockchain #cryptocurrency

Source: Coin Bureau