ICON Icx Price USD

ICON Network is a layer-one blockchain that is working on a secure, scalable, and chain-agnostic way to connect different chains. ICON is a hub that connects partner blockchains to all other blockchains that have been integrated via BTP.

Blockchain Transmission Protocol (BTP) is ICON's main product and interoperability solution. It supports cross-chain token swaps as well as more general messaging features like cross-chain smart contract calls.

Binance Smart Chain, Near, Harmony, Moonriver, Polkadot, ICE/SNOW, Ethereum, and other blockchains are all linked to the ICON ecosystem.

ICON is a thriving ecosystem of decentralised applications (dApps) like games, deFi protocols (Balanced, Omm), non-fungible token platforms (Craft), and more.

Min Kim, who was the chief strategy officer at DAYLI Financial Group, Korea's biggest fintech holding company, and the chief operating officer at Tapas Media, a U.S. digital content distribution platform, helped start ICON Network. He also graduated from the University of California at Berkeley's Haas School of Business. ICONLOOP, which is ICON's technical partner, was started by Min Kim.

ICON's interoperability solution is different from other bridge solutions because it is not limited by the blockchain technology or the number of existing connections.

ICON is a hub that connects all blockchains that are part of the ICON ecosystem right away. This is true whether the blockchain was built with ICON's Goloop, Cosmos SDK, or Substrate.

ICON's goal is to create a multichain future by connecting to existing networks and making it easier for new networks and connections to be made through its BTP interoperability solution.

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