Lists Leading Korean Project ICON (ICX), One of the World’s Most Utilized Blockchain Platforms


March, 2020, Singapore
– Digital assets trading
firm is pleased to announce its listing of
(ICX), a Top 40 CoinMarketCap project from Korea that  boasts one of the largest communities in the
entire blockchain space.

newly formed partnership with BiKi Exchange will see ICON expanding its reach
outside of Korean markets and growing their exposure in Chinese markets,
amongst other Asian markets.

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On the partnership with BiKi Exchange, Mr.
Min Kim, Co-founder of ICON states, “BiKi is a leading exchange in a
very important market and we’re very excited to partner with them as we expand
our growing ecosystem. We look forward to collaborating significantly as we
increase our reach globally and as BiKi expands into Korea.”

“We are equally excited to be partnering
with ICON,” chimes in Ethan Ng, Southeast Asia CEO of, “and look forward to growing both
our businesses in new and existing markets.”

and On-Chain Governance Platform

Launched in 2017, ICON Project is a 3rd
generation layer one DPoS smart contract platform, focused on interoperability
and on-chain governance. The network is governed by over 110 nodes spread
across over 35 different countries. ICON’s unique ‘Delegated Proof of
Contribution’ design is driven by its novel IISS (ICON Incentive Scoring
System), which rewards contribution and incentivizes growth.
 This has propelled ICON to world
recognition and has set the benchmark in the industry.

Outstanding Ecosystem

The ICON ecosystem boasts governments,
multinational corporations and startups, including some of the most used D’Apps
across the industry. ICON powers decentralized ID products such as Broof and
VisitMe, as well as functioning DAOs such as ICONbet and ICON Vote. Other
decentralized blockchain communities which are part of the ICON network include
STAYGE, a K-Pop global fan community and SOMESING, the world’s first karaoke
service on the blockchain.

Loopchain, the core blockchain engine
powering ICON is developed by ICONLOOP, one of the leading enterprise
blockchain solutions in Korea. It is considered the standard blockchain
platform for the Seoul Metro Government and powers MyID, the leading decentralized
identity (DID) consortium in Korea. This consists of an alliance of over 50 companies and organizations including Samsung
and Shinhan Bank. ICON
has quickly become the most sought-after project in South Korea for mass

Boosts Higher Staking Rewards for Voters

ICX is a governance and utility token used
to power the ICON Network. As a 3rd generation DPoS network, ICON features
increase scalability and throughput (compared to other layer one smart contract
platforms) and it runs on the same core technology powering many enterprise and
government services.

What makes ICX different and stand out
among their competitors are several features. One of them is their on-chain
governance, driven by proposals from a network of validators in the ICON

Another is their Contribution Proposal Fund
to incentivize growth and contribution, this is operated as a decentralized
autonomous grant system, funded through network resources.

Lastly, the IISS design is unique,
providing voters and representatives with attractive rewards for their
contribution. Currently, the staking
reward for voters is 17% per annum with a real yield of 9%. This is the highest
amongst peers in the market.

of LFT 2.0

ICON will be launching LFT 2.0 in the
coming weeks, a next-generation Byzantine Fault Tolerant (BFT) consensus algorithm
that improves upon the existing Loop Fault Tolerance (LFT) algorithm. LFT 2.0
can achieve high performance and improve latency and TPS (transactions per
second). Stay tuned on ICON’s channels for more announcements to come.

As onboards yet another premium project
on its platform, its community-driven initiatives will no doubt continue to
garner the loyalty and support of its platform users as well as community


Headquartered in
Singapore, is a global cryptocurrency exchange
ranked Top 20 on CoinMarketCap. provides a digital assets platform for
trading more than 150 cryptocurrencies and 280 trading pairs. is
focused on providing the safest, most stable and most effective cryptocurrency
trading platform. 100% of the transaction fees are used in buyback and burning
of platform token, BIKI. Since its official opening in August 2018, is
considered one of the fastest-growing cryptocurrency exchanges in the world
with an accumulated 2 million registered users, 200,000 daily active users,
over 2,000 community partners and 200,000 community members. has
received investments from Huobi co-founder Du Jun, Genesis Capital Zhu Huai
Yang, FBG Capital, ChainUP and others totaling approximately 10 million USD.

Media Contact:

Marketing Team

Chang Jie Lin,

[email protected]


Cecilia Wong,

[email protected]