25th
March, 2020, Singapore – Digital assets trading
firm BiKi.com is pleased to announce its listing of
ICON
(ICX), a Top 40 CoinMarketCap project from Korea that boasts one of the largest communities in the
entire blockchain space.
This
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.
Then follow us on Google News!
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 BiKi.com, “and look forward to growing both
our businesses in new and existing markets.”
Interoperability
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.
An
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
Electronics and Shinhan Bank. ICON
has quickly become the most sought-after project in South Korea for mass
adoption.
ICON
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
community.
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.
Launch
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 BiKi.com 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
members.
About
BiKi.com
Headquartered in
Singapore, BiKi.com is a global cryptocurrency exchange
ranked Top 20 on CoinMarketCap. BiKi.com provides a digital assets platform for
trading more than 150 cryptocurrencies and 280 trading pairs. BiKi.com 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, BiKi.com 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. BiKi.com 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, BiKi.com
[email protected]
+65-94556702
Cecilia Wong, yourPRstrategist.com
[email protected]
+65-91826605
TheBitcoinNews.com – Bitcoin News source since 2012
Virtual currency is not legal tender, is not backed by the government, and accounts and value balances are not subject to consumer protections. TheBitcoinNews.com holds several Cryptocurrencies, and this information does NOT constitute investment advice or an offer to invest.
Everything on this website can be seen as Advertisment and most comes from Press Releases, TheBitcoinNews.com is is not responsible for any of the content of or from external sites and feeds. Sponsored posts are always flagged as this, guest posts, guest articles and PRs are most time but NOT always flagged as this. Expert opinions and Price predictions are not supported by us and comes up from 3th part websites.
Advertise with us : Advertise