A blockchain ecosystem to hyperconnect the world
ICON Foundation is the developer of the ICON blockchain. ICON aims to connects crypto to the real world and advancing society towards hyperconnectivity. ICX aims to reach this goal by connecting independent blockchains and enabling transactions between them. ICX uses its self-developed Loop Fault Tolerance consensus mechanism or LFT. LFT is developed from Tendermint, with improvements in performance through the consolidation of network messages.
ICON has its own token with a total supply of more than 800 million. ICON did its ICO in June 2018 on the Ethereum network, and subsequently, release its mainnet in the same year. ICON uses an indirect democracy governance model where it uses representation channels, reserve channels, and incentives to align the votes of nodes and users.
Blockchains, Cryptocurrencies
Zug, Switzerland
2016
Latest updates
ICON 2.0 Alpha Version Released!
Sejong Testnet Launched with ICON 2.0 FeaturesGreetings ICONists,We’re proud to announce that the alpha version of the ICON 2.0 implementation has...
Blockchain Transmission Protocol (BTP) Working Group Update: ICON Joins Forces with the Polkadot…
Blockchain Transmission Protocol (BTP) Working Group Update: ICON Joins Forces with the Polkadot EcosystemAs the first update from the Blockchain...
ICON Development Roadmap Update — March 2021
ICON Development Roadmap Update — March 2021BTP Working Group, Hotfix, Hannam Testnet and ICON 2.0 AlphanetGreetings ICONists,It was yet another busy month of development...
Blockchain Transmission Protocol (BTP) Architecture, Economics, and Key Differentiators
We are excited to share the latest technology advancements and details around the Blockchain Transmission Protocol (BTP), ICON’s interoperability solution,...
The Blockchain of Blockchains: ICON as an Aggregator Chain
We are excited to announce the creation of the Blockchain Transmission Protocol (BTP) Working Group, a team of ICON core...
Official Response to ICONLOOP Investigation by Korean Tax Authorities
ICON Foundation is NOT under investigationDear ICONists,This post is in response to an article published today by Paxnet News. We...
ICON Development Roadmap Update — February 2021
ICON Development Roadmap Update — February 2021Rosetta Implementation, Hotfix, Testnet, and CPS LaunchGreetings ICONists,It was another busy month as the team continues to push...
ICON Launches a Dedicated Audit Fund
Supporting Secure Development for ICON’s Growing EcosystemDear ICONists,We are excited to announce that we will be committing 500,000 ICX to...
Accelerating Ecosystem Diversification
Supporting Reliant Node and MyIconWalletDear ICONists,We are excited to announce that the Reliant Node P-Rep team is enhancing MyIconWallet with...
ICON Development Roadmap Update — January 2021
ICON Development Roadmap Update — January 2021Rosetta Integration, Revision 12, CPS, and ICON 2.0 AlphanetGreetings ICONists,2021 is off to a fast start as we...
ICON Development Roadmap Update — December 2020
ICON Development Roadmap Update — December 20202021 Transformation, Revision 12 and Contribution Proposal SystemAs 2020 comes to a close, we would like to wish...
ICONFi Launch Update
More information on Launch Promotion, ICONFi Products & Services, and Launch DateHello from ICONFi,A couple of weeks ago, we announced the upcoming...
ICON Development Roadmap Update — November 2020
ICON Development Roadmap Update — November 2020Revision Update and Contribution Proposal SystemGreetings ICONists,We are almost ready to put 2020 behind us and look forward...
ICON Monthly Grant Update — November 2020
ICON Monthly Grant Update — November 2020Six New Grant Approvals and Migration to Contribution Proposal SystemGreetings ICONists,We are very pleased to approve another 6...
Introducing ICONFi — A New Crypto Staking and Earn Service
Introducing ICONFi — A New Crypto Staking and Earn ServiceICONFi aims to make crypto simple for beginners to create a more inclusive and...
ICON Foundation Grant Program 2020
The new ICON Foundation Grant Program will complement Contribution Proposal System(CPS) to continue funding projects that benefit the ICON CommunityDear...
ICX Station Announces the Revamp of ICON Vote
ICON Vote RevampICX Station is proud to announce that ICON Vote revamp has been completed with the support of the Parrot...
ICON Hyperhack: Announcing the Winners & Plans to Expand on the Projects
Hello everyone,Today we’re proud to announce that we have completed prize distribution to our 9 hackathon prize winners. We had...
ICON Development Roadmap Update — October 2020
ICON Development Roadmap Update — October 2020Gangnam Testnet Release and Update on Contribution Proposal SystemGreetings ICONists,This month was highlighted by the release of the...
ICON Monthly Grant Recap — October 2020
ICON Monthly Grant Recap — October 2020Community Building, Project Nebula, and Cross-Chain DeFiGreetings ICONists,The Foundation approved another 3 grants in October consisting of...
Gangnam Testnet Opens (ICON 2.0)
Java SCORE GuidelinesGreeting ICONists,We are excited to announce the launch of the Gangnam testnet and the guidelines below.Gangnam testnet is...
ICON Development Roadmap Update — September 2020
ICON Development Roadmap Update — September 2020ICON 2.0 Timeline and Gangnam TestnetGreetings ICONists,This month was highlighted by the announcement of our new and...
ICON Monthly Grant Recap — September 2020
ICON Monthly Grant Recap — September 2020New ICON-focused WebsiteGreetings ICONists,In September, we’ve approved 1 grant to build a new and informative website/portal...
ICON 2.0: Introducing a new blockchain software architecture based on Go
Batang: The Foundation for the Future Growth of the ICON NetworkAttention ICONists,Our biggest secret is finally out. Today, we are excited...