ICON Newsletter #31 - Something is Brewing in the ICON Ecosystem

Dear ICONists,

The third quarter of 2020 is almost in the books and we’ve seen some incredible announcements from ICONLOOP over the past few weeks:

The music won’t stop here for enterprise adoption, but this is a good time to remind our community that ICONLOOP is just one piece of what the ICON project is all about. ICON is also about continuing to push the boundaries of technology. ICON is also about exploring new opportunities that bring value to the network + $ICX holders.

I guess some of our community members have already gotten the hints/message that something is brewing in the ICON ecosystem. Look out for more details in coming weeks.

Thanks,

Min Kim

ICON Foundation Council Member

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Earlier this year (Feb. 6, 2020), ICONLOOP signed an agreement with SaraminHR to build a Blockchain-based HR recruitment ecosystem. This week, SaraminHR announced three (3) new features that utilizes the ICON public network to prevent credential forgery in the job recruitment and staffing industry. SaraminHR is the largest job placement platform in Korea and we’re incredibly excited to see a meaningful commercial use case in the real world.

ICONPLUS P-Rep team has generously put together a one-pager summary on the announcement below. You can also read the full article via the link below.

ICONLOOP’s VisitMe application continues to gain adoption by new businesses in this COVID-19 era. Most recently, one of the most popular café franchises in Korea called Paul Bassett began using VisitMe. Within 2 months, VisitMe has received over 200 merchant applications and signed up 30,000 users. Again, we’re incredibly excited to see a meaningful commercial use case in the real world. 

And, of course, we continue to see more uses of ICONLOOP’s BROOF application. POSTECH University issued more diplomas to its graduates by using BROOF. The authenticity of these certificates are verifiable on ICON’s public blockchain.

ICONLOOP continues to push aggressively on the business development front, most recently signing a collaboration agreement with Initech, a leading finance and security solutions provider in Korea backed by Korea Telecom(KT) and BC Card. The two firms plan to co-develop commercial authentication products based on ICONLOOP’s Decentralized ID technology.

Yes, there are many exciting developments by ICONLOOP, our main ecosystem contributor. However, don’t forget about the other incredible contributors - most notably ICONbet. This sub-community within the larger ICON community continues to impress.

ICONbet continues to be led by non-founding community members and all they’ve been doing is building. First, they just introduced TAP Token staking to improve governance. Second, they launched a new game DAOlevel. ICONbet now has five(5) games with three(3) more coming soon. Lastly, the main site got a facelift and it’s looking slicker than ever.

We’ve been waiting for this one. And it’s finally here. Marvelous ICX Gift Card, by Reliant Node P-Rep Team, has launched. The ICON team is already planning to use this product in the near future. We’ll share with you when we do.

They’re doing a fun promotion right now. Check it out!

Project Nebula, a unique game with NFT collectible planets and artwork, appears to be progressing well. The creator, ICON Forge P-Rep, is continuing to build excitement with constant updates. Recently, they teased out custom-made artwork that can be owned and traded.

Likewise, WalletX project by ICONTROL P-Rep team appears to be progressing well, too. WalletX is not just another wallet. It’s a fresh new take on creating a simple onboarding experience that can be used by crypto beginners. However, the backend infrastructure is powerful enough to integrate sophisticated features like NFT, STOs, DID, etc.

$ICX is now integrated into Abra, one of the oldest and most well known cryptocurrency wallets and exchanges today. Week after week, we see organic growth in the ICON ecosystem. We are proud that many reputable third party services such as Abra continue to consider $ICX as an important player in the crypto industry.