Key Highlights:
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61.2% of the circulating supply remains staked vs. 38.4% at the end of 2019, and up again vs. last week.
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Active weekly wallet activity was up week over week and monthly active wallet activity is up 18% vs. November. We expect these numbers to increase significantly over the next few months.
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Unifi Protocol Integrates $ICX allowing ICONist to participate in the existing Unifi token economy
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ICON is integrated into Orbit Bridge, developed by Ozys and the Orbit Chain, adding ETH assets to the ICON ecosystem
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@helloiconworld included in the early batch of @Gemini‘s new Cryptopedia initiative (education portal)
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JACKPOT HIT on @IconbetP! Over 450k $ICX (close to $200k USD) to the winner(s) of this massive HISTORY making JACKPOT!
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Atomic Wallet launches staking for $ICX
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ICON Pinas and Reliant Node launch 'Have a #MarvelousChristmas’ event!
Dear ICONists, This is the last newsletter of 2020, and as we approach the holidays and the end of the year, we thought it would be good to take a look back at all of the accomplishments and reflect on the ICON ecosystem highlights throughout the year. Below are just a few, but it is clear that we have set the stage for foundational growth into the year ahead! Happy holidays, and see you again in 2021!
- In the first ever newsletter we noted that: Korean citizens can easily download an app to purchase tokenized GOLD, which is powered by ICON’s private blockchain technology. We noted that Korea Gold Exchange desires to connect CENgold to ICON’s public blockchain. But, there are regulatory hurdles to overcome, in which we are are waiting and working to resolve. See more here.
- A few weeks later: One of Korea’s top universities, POSTECH, issued #broof for diplomas and Saramin, Korea’s #1 HR recruiting company, signed a MoU with ICONLOOP to begin using #broof to verify and authenticate work and education certificates such as POSTECH diplomas. We had extremely positive feedback including national media coverage! See more here.
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ICONLOOP makes headlines with Coindesk articles highlighting the increased scope of MyID and an update on blockchain-based voting with the Seoul Metro Government.
- ICONLOOP continued to make national news in Korea. MTN covered #broof & VisitMe as blockchain services are seeing more and more interest due to COVID-19.
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ICON officially unveiled Loop Fault Tolerance 2.0 (LFT2), a new consensus algorithm that improves the performance of blockchains, after 3 years of research and development. LFT2 white paper is published on Github.
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A revised IISS proposal passes through a Public Representative Vote, improving incentives for ecosystem stakeholders. See more here.
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ICON Launches P-Rep Delegation Program to incentivize hardworking Public Representatives.
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ICON releases Contribution Proposal System paper and partners with Ibriz for development and integration!
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BTP 1.0, our interoperability technology, technical release launches. We detail this release here.
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K-Growth Investment Corporation, one of Korea’s most prestigious funds, announced that it’s investing in ICONLOOP. ICONLOOP successfully raised of 6 billion KRW in a bridge round from some of the most well respected and influential investors in Korea including K-Growth and Kiwoom Investments!
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ICON ($ICX) was named a Top 25 project by Flipside Crypto using their novel Fundamental Analysis tool (FCAS) based on user activity, developer behavior, and asset maturity.
- ICONLOOP team announced two major MyID integrations. The first was a partnership with the Jeju Island government, Korea’s #1 tourist destination, to track and monitor COVID-19 cases. Jeju Island welcomes over 15 million tourists annually and every visitor will be required download the Zzeung app for certification and verification purposes.
- The team also announced the first commercialized blockchain based KYC credential with Shinhan Bank, one of the largest banks in Korea.
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ICONLOOP signed an agreement with SaraminHR to build a blockchain-based HR recruitment ecosystem. SaraminHR announced three (3) new features that utilizes the ICON public network to prevent credential forgery in the job recruitment and staffing industry.
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ICON 2.o: BATANG is announced and will come standard with interoperability features to support and power cross-chain DeFi solutions (Mid-2021).
- ZenSports, ICONbet, Project Nebula, STIN, BalancedDAO, OMM, ICONswap, ICONPOOL, Craft.Network, Lossless Lottery, FutureICX and many other projects make meaningful progress!
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ICONFi accumulates over $25 million in indicated interest in its staking and saving product (release is expected in January 2021).
- Lastly, there were many new exciting projects and integrations including: Orbit Chain, Conflux, REN, and others! We expect this trend to continue especially as BTP ramps up in 2021!
Thank you, The ICON Team
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