What a week! First off, Happy Lunar New Year! Our community is feeling a strong positive momentum and the market seems to be reflecting this enthusiasm (ICX price is up 44% in the past 2 weeks
and our social engagement levels are at record highs)
. We announced a collaboration with Chainlink
and a future meetup with MakerDAO and Chainlink
in our very own Seoul HQ. JH Kim, ICON co-founder, appeared on national TV
to discuss ‘my-ID’, 'DPass’, #Broof, Seoul Metro project, the future blockchain technology, and so much more. While these exciting developments are very important, we truly believe our secret sauce is in our great community and for that, we say, THANK YOU!
In the first two weeks of our newsletter, we covered our growing ecosystem
and our innovative ICON Incentives Scoring System (IISS)
. Both were well received and we hope to keep it going with this issue and the many more to come. In this week’s edition, we dive into the subject of governance and what it means in blockchain networks and ICON specifically.
Currently, the ICON network has:
We’re continuing to see more involvement from P-Reps and the broader community in ICON’s governance as they overcome the initial learning curve. And since the launch of our ICON Community website and forum
, we are experiencing on average +8% weekly growth in posts/comments
. We’re dedicated to further improving the user experience for more participation. We believe governance is an important topic that will likely be a key differentiator for projects, particularly if they can successfully evolve, adapt and upgrade over time.
Min Kim, ICON Foundation Council Member