There are many factors that can affect the market value of ICX. ICON continues to develop, while the ICON foundation constantly updates its roadmap to match the new plan of this ambitious project, which may become one of the largest decentralized economies in the world. ICO investors received their ICX tokens in June of that year.
The official network was launched in January 2018. The ICON foundation is responsible for all operations and development related to the ICON network, its economy and its token ICX. This token sale includes half of the total supply of ICX. In 2017, ICON held its first token issue, raising 150000 eth, equivalent to about $43million at that time. The promotion and development of the project is supported by ICON foundation. He previously founded ivela global, an e-commerce company, and served as a consultant to dayli financial group, an Asian financial technology company. The ICON project was founded by Min Kim in 2017. Who is the Founder of ICON? The History of ICON ICON foundation is the company behind ICON project, aiming to “super connect the world”, which is an ambitious project because ICON constantly updates the road map and upgrades the ecosystem.The ultimate goal of the project is to establish the largest decentralized network, connect various smart contracts, decentralized applications and economies, and enhance interoperability. The core of all businesses and economies hosted on the ICON network is the ICON Republic, which is the birthplace of ICX tokens. All these applications are independent, but they are still interconnected and can communicate with each other. Applications can run on ICON infrastructure and become part of the decentralized economy created by ICON and its automatic protocols.These applications will represent economic participants and can create their own cryptocurrencies, while nodes controlled by computing power can choose which applications to support. Its creation idea is to develop a new digital economy model. Launched in 2017, ICON was created and developed by a Korean company.
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