Icon is a cryptocurrency platform that has a blockchain network that allows interaction between independent blockchains. It utilizes a decentralized exchange in connecting various communities to the ICON network, including its blockchain partners that come from various industries such as healthcare, government, and finance.
MoreThe ICON blockchain has a loopchain platform that brings together an ecosystem of blockchain communities using ICON Republic, which acts as the blockchain federation’s governing body (i.e. picture one country as the ICON Republic and its cities or states as the linked communities). Additionally, ICON also uses five components to encourage collaboration: ICON Republic, C-Rep or Community Representative, ICON Communities, Citizen Nodes, and Community Nodes or C-Nodes.
MoreThe ICON network’s native cryptocurrency is ICX Coin, and it is available for purchase through crypto exchange platforms like Coinmerce. Just go to Coinmerce, sign up, and in a matter of minutes, you can start buying ICX Coin.
MoreYou want to buy ICON? You can buy ICON using Creditcard or SEPA at Coinmerce. Once you are logged in, you will see "Coins" in the top menu where you click on. Now you come to a page with all crypto coins that Coinmerce offers. If you don't see ICON, use the search function to search for ICON and click on the name. You can indicate for how many euros you want to buy ICON in the right window. Below is shown how much ICON you get for this. Have you entered the correct amount? Then click on "Buy". You can also execute a "Stop limit order" at Coinmerce. Our system will automatically buy ICON when the price of ICON reaches your entered value. You can also execute a repeating order. Do you want to buy ICON with another crypto currency? Then you go to the cryptocurrency you want to pay with and click on "Swap" in the right window to indicate that you want to receive ICON.
ICON is founded by Dayli Financial Group, which specializes in technology and financial innovation. The corporation successfully raised more than $100 million through the support of several venture capital firms. Their goal for creating the network is to build the world’s largest decentralized platform that “hyperconnects to the world” and create a digital nation where industries are free to make their own currencies. ICON has five vital components: ICON Republic is the governing body that brings together different communities. The Republic is composed of Citizen Nodes and C-Reps. C-Reps or Community Representatives are the representatives of various communities that are part of the ICON Republic. ICON Communities refer to nodes sets under one governance system. Citizen Nodes are found in the ICON Republic. Creating dapps using the ICON loopchain can turn one into a citizen node. C-Nodes or Community Nodes are found in every community. They are responsible for coming up with unified decisions.