Token to watch!

ICON is an independent blockchain that connects multiple community sidechains and enables cross-platform data and value communication. The ERC20 token also supports dApps.

ICON was founded in Korea by the Dayli Financial Group, a reliable FinTech company that also owns the ICON Dex decentralized crypto exchange.

TheLoop takes care of the LoopChain used and that there are no technical complications. DaVinCi, on the other hand, is responsible for the applied artificial intelligence, which keeps the exchange rates stable.

What is the goal of the ICON Coin?

The goal is a so-called hyper connect. In other words, the ICON project aims to establish one of the largest decentralized networks on the world market.

Another goal of the developers is to integrate the crypto world into the real world. Although cryptocurrencies are becoming more and more attractive, they have not yet achieved a proper anchoring. The reason for this is a high level of ignorance, especially in the area of technical facts.

At this point, we need to take a closer look at the technology:

Figuratively speaking, the token can be seen as a blockchain connecting other blockchains. This system is called “loop chain”. The data records are in continuous motion and are not only moved from one position to the next.

SCORE is its system based on Smart Contracts. This is intended to unite many companies in order, among other things, to influence the global market. The basic idea is to execute the Smart Contract without having to resort to the blockchain. This offers high flexibility and the strong binding to a coin is facilitated.

How can this work?

The required data is temporarily stored in containers, which can act independently of the blockchain.

The Swiss company is an advertising network and content management system that wants to revolutionize the 600 billion dollar advertising industry.

The HYGH project connects owners of public displays with advertisers. With this platform, anyone can now become an advertiser — regardless of advertising competence and company size.An easy-to-use app transforms any screen into highly flexible advertising space, be it a tray at the checkout of a grocery store, a television in a small shop window or professionally installed outdoor advertising in Times Square.

HYGH wants to democratize the advertising industry as Airbnb has changed hotels and accommodations. The project has won awards at Crypto Challenge Forum 2018 and Blockchain Life 2018. The ICO runs until 07 June 2019.

Madana, also from Germany, is the sidechain project of the German LISK Blockchain. It is an open platform for data analysis.

The ecosystem enables everyone to keep control over their data and to monetize it anonymously. The aim is a DSGVO-compliant type of data processing that allows new business models for future apps and services. This ICO has already been approved by the German Federal Financial Supervisory Authority (BAFIN) — which has not happened too often in Germany.

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