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What is ICON (ICX) ?

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What is ICON

ICON is an ambitious next-generation blockchain project developed by theloop – a joint venture between Korean DAYLI Financial Group and 3 Korean universities.

ICON aims to interconnect (or “hyperconnect” as the ICON whitepaper calls it) various blockchains and serve as a hub, allowing transactions between different blockchains.

…the majority of blockchain projects place emphasis on their decentralization methodology and lack evidence of adoption in the real world due to their technological and business limitations. The ICON Project aims to overcome such challenges and help advance our society towards true hyperconnectivity.

The inter-connected blockchains can belong to banks, hospitals, government departments and private companies, and on ICON they can interact without paying fees to third-party networks or being delayed by them. ICON eliminates the middleman and enables emergent social trends like smart cities and decentralized infrastructures.

ICON - hyperconnecting the world
ICON – hyperconnecting the world

Adoption

First ICON project, launched in September 2017, is a KYC/AML authentication smart contract platform for Korea Financial Investment Consortium.

ICON loopchain
ICON loopchain

Other existing ICON projects include a collaboration with Korea University Hospital (cloud-based hospital information system) and with Korea’s top-tier Sogang University (a university currency to be used on campus).

ICON’s adoption is very strong because it is a project started by major Korean securities companies (like Samsung Securities and others) and universities, and it is expected to grow rapidly in 2018.

Team

The ICON project is developed by a Korean all-star team and headed by executives from the leading DAYLI Financial Group fintech company. The advisors include Don Tapscott (head of the Blockchain Research Institute and the author of the Blockchain Revolution bestseller) and executives from Pantera Capital, Coinsillium and Blockchain Lab.

Metrics

Tokens released: 400,230,000 ICX

Total supply: 800,640,000 ICX

History

ICON has been announced in August 2017. The ICO took place between October 20, 2017 and November 3, 2017 and raised 160,000 ETH.

Ian Balina graded ICON with a high 83.55% rating and an “All Star” tag, signifying a top ICO in his opinion.

ICON (ICX) ICO price was $0.11 at the pre-sale and $0.34 during the public sale. At the moment, pre-sale buyers are enjoying a staggering 5204% ROI vs. USD and a 5039% ROI vs. ETH.

In December ICON was listed on two Chinese exchanges, Binance and OKEx.

Roadmap

2017 Q4

V1 GA version

• Nexus Mainnet launch

• Reserve channel open

• IISS implementation

• DEX(Ethereum/ICX) launch

• Wallet Web/iOS/Android

2018 Q1

•v2nd Developers meet-up

• Expansion of DEX reserve pool to most of
major cryptocurrencies

• Expansion of partnership with blockchain
net works

ICON’s Potential

The basic proposition here is in enabling interactivity across the different blockchains that partner with ICON. ICX tokens will be used for cross-chain transactions and this is incredibly strong value!

The more blockchains partners with ICON, the higher the value of ICX will be.

On top of that, as a blockchain that hyperconnects other blockchains, ICON’s value will increase exponentially due to Metcalfe’s law.

ICON’s target is to be the next Ethereum. ETH’s market cap is currently about 40 times bigger than ICON’s, so the ICX tokens still have a lot of room to grow.

Competitors

  • Ethereum
  • EOS
  • Bancor

Where to buy

At the moment ICON is traded only on two Chinese exchanges:

  1. Binance
  2. OKEx

Resources

This New Gear Virtual Reality Controller Feels Like the Future

0

A 2017 Wall Street Journal survey found that employers have a very or somewhat difficult time finding people with the requisite soft skills. But what if employers are looking for soft skills and are not seeing them? The vast majority of mid-size and large employers in the US, UK and Canada utilize Applicant Tracking Systems.

There are more employers that claim soft skills are hard to find than hard skills

Applicant Tracking Systems (ATS) make it possible for employers to post new positions online and manage the hundreds of applicants who typically respond to each opportunity. No human hiring manager reviews hundreds of applications.

Instead, the ATS produces a manageable number of viable candidates for the hiring manager to review. How does the ATS do this? It’s not magic, but rather a keyword-based filter, comparing resumes to the posted job description, and passing through candidates who appear to be a better match.

Photographing the most wonderful nature scenes

The keyword-based filter at the top of the hiring funnel of most employers has a number of interesting knock-on effects. One is the phenomenon of resume spam: candidates who literally copy the job description in white font into their resume in order to get past the screen. A second is an over-emphasis on technical skills.

Faced with the need to differentiate hundreds candidates for every online posting, employers have added many new job requirements most of which are technical.

According to Burning Glass, technical skills now dominate in terms of the sheer number of competencies demanded in job descriptions more than cognitive and soft skills combined for virtually every career.

While the dominance of technical skills in job descriptions is probably a reflection of the fact that it’s easier to come up with 10 technical requirements for a job than 10 different ways of saying problem solving or communication skills, this is the reality Millennials face in being seen by hiring managers. Because if they don’t have these technical skills, they’re not making it through the ATS filter. And if they’re not making through the ATS filter, they’re effectively invisible to employers.

The pleasure of outdoor photography

Does this mean there’s a soft skills shortage or that Millennials are all late, disorganized poor communicators? The punctual, organized and well-spoken Millennials whom employers should want have played by the rules and completed college degrees.

But because nearly all colleges and universities continue to live in a bubble, floating high above the mundane concerns of the labor market, and because they continue to believe that the job of higher education is to prepare students for their fifth job.

Colleges have not seriously undertaken to provide last mile technical training to students. So all these Millennials are missing.

The first is giving all Millennials a chance to become visible to employers through last-mile technical training

The second is that employers need to escape the tyranny of the keyword-based filter at the top of their hiring funnel. Employers need to demand that their ATS vendors like Taleo (Oracle) incorporate new technologies that allow them to screen (and search) on competencies rather than keywords.

The best full frame compatible lenses

The shift to competency-based hiring is inevitable and will broaden the top of the funnel to include candidates with great soft skills, and likely more diverse backgrounds than the current pedigree- and degree-based hiring system allows.

Gyroscope founder Anand Sharma seems pretty content when we meet up for a walk to The Mill, a hip cafe known for its $4 toast in San Francisco’s NOPA neighborhood. It’s a rare sunny day in the city and his startup is growing.

His self-tracking platform with a sleek UI has added a genetics and step tracking component and soon blood tracking. He’s also closed on a small sum of angel funding from key investors like Periscope founder Keyvon Beykpour.

Even Jack Dorsey has started using Gyroscope, he tells me. Sharma’s worked for well over two years! He called it AprilZero then but the idea grew to include friends and soon anyone who wanted to track themselves on a range of different metrics relating to health and wellness.

The plan now includes where you go, what you eat, how many times you go running in a year and how much time you spend staring at the screen in front of you.

Sharma developing his next big project

The platform seems like an outgrowth of the quantified self movement a movement pairing technology with personal data to help you improve your life in some mental or physical way. But Sharma shrugs off the suggestion.

I don’t like to place myself in that category, he says. Mainly because those guys are little weird. He’s not wrong. The movement, also known as life logging, conjures up images of folks wearing six different health tracking bands, sensors on their heads and measuring every little detail of their actions in every part of their life for what sometimes is very unclear.

But Sharma, whom we’ve written about before when he was just getting started, has shaped the platform up quite a bit since starting out. Gyroscope is in the App Store now!

He has thought about productivity components like how much time you spend surfing the internet each day and added a bit of a competitive enhancement to the platform, allowing you to compare how many steps you took compared to your friends on the platform.

He’s also launching a feature this summer called Insights, an AI component that aims to help you make connections between certain behaviors and what you log on the platform. Sharma tells me it would work by drawing these connections and then sending push notifications to motivate and remind those using Gyroscope to do something relating to their goals.

Virtual Reality Could Change Twitch Streaming Forever

0

A 2017 Wall Street Journal survey found that employers have a very or somewhat difficult time finding people with the requisite soft skills. But what if employers are looking for soft skills and are not seeing them? The vast majority of mid-size and large employers in the US, UK and Canada utilize Applicant Tracking Systems.

There are more employers that claim soft skills are hard to find than hard skills

Applicant Tracking Systems (ATS) make it possible for employers to post new positions online and manage the hundreds of applicants who typically respond to each opportunity. No human hiring manager reviews hundreds of applications.

Instead, the ATS produces a manageable number of viable candidates for the hiring manager to review. How does the ATS do this? It’s not magic, but rather a keyword-based filter, comparing resumes to the posted job description, and passing through candidates who appear to be a better match.

Photographing the most wonderful nature scenes

The keyword-based filter at the top of the hiring funnel of most employers has a number of interesting knock-on effects. One is the phenomenon of resume spam: candidates who literally copy the job description in white font into their resume in order to get past the screen. A second is an over-emphasis on technical skills.

Faced with the need to differentiate hundreds candidates for every online posting, employers have added many new job requirements most of which are technical.

According to Burning Glass, technical skills now dominate in terms of the sheer number of competencies demanded in job descriptions more than cognitive and soft skills combined for virtually every career.

While the dominance of technical skills in job descriptions is probably a reflection of the fact that it’s easier to come up with 10 technical requirements for a job than 10 different ways of saying problem solving or communication skills, this is the reality Millennials face in being seen by hiring managers. Because if they don’t have these technical skills, they’re not making it through the ATS filter. And if they’re not making through the ATS filter, they’re effectively invisible to employers.

The pleasure of outdoor photography

Does this mean there’s a soft skills shortage or that Millennials are all late, disorganized poor communicators? The punctual, organized and well-spoken Millennials whom employers should want have played by the rules and completed college degrees.

But because nearly all colleges and universities continue to live in a bubble, floating high above the mundane concerns of the labor market, and because they continue to believe that the job of higher education is to prepare students for their fifth job.

Colleges have not seriously undertaken to provide last mile technical training to students. So all these Millennials are missing.

The first is giving all Millennials a chance to become visible to employers through last-mile technical training

The second is that employers need to escape the tyranny of the keyword-based filter at the top of their hiring funnel. Employers need to demand that their ATS vendors like Taleo (Oracle) incorporate new technologies that allow them to screen (and search) on competencies rather than keywords.

The best full frame compatible lenses

The shift to competency-based hiring is inevitable and will broaden the top of the funnel to include candidates with great soft skills, and likely more diverse backgrounds than the current pedigree- and degree-based hiring system allows.

Gyroscope founder Anand Sharma seems pretty content when we meet up for a walk to The Mill, a hip cafe known for its $4 toast in San Francisco’s NOPA neighborhood. It’s a rare sunny day in the city and his startup is growing.

His self-tracking platform with a sleek UI has added a genetics and step tracking component and soon blood tracking. He’s also closed on a small sum of angel funding from key investors like Periscope founder Keyvon Beykpour.

Even Jack Dorsey has started using Gyroscope, he tells me. Sharma’s worked for well over two years! He called it AprilZero then but the idea grew to include friends and soon anyone who wanted to track themselves on a range of different metrics relating to health and wellness.

The plan now includes where you go, what you eat, how many times you go running in a year and how much time you spend staring at the screen in front of you.

Sharma developing his next big project

The platform seems like an outgrowth of the quantified self movement a movement pairing technology with personal data to help you improve your life in some mental or physical way. But Sharma shrugs off the suggestion.

I don’t like to place myself in that category, he says. Mainly because those guys are little weird. He’s not wrong. The movement, also known as life logging, conjures up images of folks wearing six different health tracking bands, sensors on their heads and measuring every little detail of their actions in every part of their life for what sometimes is very unclear.

But Sharma, whom we’ve written about before when he was just getting started, has shaped the platform up quite a bit since starting out. Gyroscope is in the App Store now!

He has thought about productivity components like how much time you spend surfing the internet each day and added a bit of a competitive enhancement to the platform, allowing you to compare how many steps you took compared to your friends on the platform.

He’s also launching a feature this summer called Insights, an AI component that aims to help you make connections between certain behaviors and what you log on the platform. Sharma tells me it would work by drawing these connections and then sending push notifications to motivate and remind those using Gyroscope to do something relating to their goals.

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