/biz/ - Business & Finance

A good comment i found:

ICX is definitely the best out of the three... ridiculous partnerships, multiple government made consortiums that use loopchain privatechain tech, and they will eventually be using the icon nexus to hyperconnect on public network (ICX for transaction fees). companies will need to buy enough ICX to stake it and pay for transaction costs between each other, which icon incentivizes by giving more rewards and incentives to network users with more transactions on the network.

On top of this, the shipping consortium in Korea has been testing Samsung SDS private chain for 8 months, and suddenly announced that they are switching from samsung privatechain to theloop for shipping ID verification - this adds a ton of potential transactions to the ICON network if any of these ID verifications will need to be communicated using the public chain.

Also, Samsung phones all use theloop private chain for pass lock verification, if you use samsung pass, you use loopchain tech.

And another kicker, 20 hospitals and insurance companies have claimed to want to use the ICON public chain to communicate between one another before the end of 2018, meaning transactions on the network, meaning ICX transaction fees, meaning these hospitals and insurance companies will buy a ton of ICX to stake and pay for these fees.

How many DAPPS do they have now - 12? more than any other non eth chain...

I went to the ICON office like 2 weeks ago and they have over 100 employees now as well. We're gonna see a new yellow paper this month and a new technical roadmap. LINE's exchange will list all ICON projects now that they have a joint venture as well.

>>10195147
JH Kim is doing a speech on a big conference in seoul on 15th july, might get some good info then

Icon has been nothing but hype and empty promises. I'm not expecting much desu, iiss or a dex by eoy would surpass my expectations.

>>10195334
it was all community driven hype, no one promised anything, the team is working, they got paid 0 icx so far, I figure they deserve some patience

>>10195183
Where was this?

>>10195375
in another random biz thread

>>10195368
Yeah it was mostly crypto people hyping to make money. The team has been onboarding a ton of clients to the loop, which makes sense because there is no ICON without the loop clients to use it.

Their team is similar to Link, just heads down working and not hyping. Their blockchain ecosystem actually makes alot of sense too since its all these companies, universities, and governments with their blockchains and then a public blockchain for them all to interact on. This seems to be one of the most legit projects out there just requires a little patience

mandatory

>>10195334
Like the fucking rest of the cryptomarket so what

>>10195445
Get the fuck off this thread. Wasting people's time

>>10195473

>>10195479
weak

>>10195491
got a new wallpaper for you bro

but seriously, when will binance and other exchanges open ICX deposits and withdrawals again?
they said 25 days ago:
>once we deem the ICX mainnet to be stable.
how long this shit gonna take? price can't go up if all the ICX we can trade is the one that is already locked on exchnages.