ICON (ICX), ranked as number 20 on the global coin ranking list thanks to its market capitalization, has been doing pretty well on the market while the rebound phase which took place after the recent selloff, was in the progress. However, what seems to be one of the most important moves for this currency is the fact that the team behind ICON has started an incubation project called Deblock, which should introduce ICX and the partners included into a new era of their influence among the crypto community.
Let’ see what Deblock is exactly about as well as how ICON is doing at the current moment. ICON and the New Incubation Project One of the main reasons for having this project enabled for further progress of blockchain technology and the introduction of the blockchain-based industry is the fact that AD4th joined the ICX for the sake of this cause.
AD4th is an advertisement company that operates based on blockchain technology, promising the advocacy for this technology as well as for ICON (ICX) as a currency given the fact that ICX partnered up with this marketing company. AD4th claims that they can recognize the needs of blockchain based assets better than a traditional marketing company, not only because of the fact that they are not taking the usual pricy fees that usually go with marketing service while removing the middleman, but also because they are working on anti-fraud marketing recognizing true qualities in the growing world of cryptos and blockchain-based technology.
Together with AD4th, ICON has started a project called Deblock that is aiming at creating a blockchain incubator that would allow the best decentralized application projects to get funded while enabling the owners of these accepted projects to receive credits for their work and see their project getting funded while going towards realization. ICON has imagined Deblock to work in a way all traditional business incubators are functioning, with a single difference of having this incubator focused on promoting business applications supported by decentralization and blockchain technology.
That way, not only that ICON is working on promoting blockchain technology, but it’s also gaining more on its personal exposure, which means that ICON might very soon justify its bold nickname “Korean Ethereum”. The team has also stated that there will be over 300 of different blockchain projects funded with this blockchain incubator during the course of 3 years, which is the estimated time of the completion of this project. Read more from cryptorecorder.com…
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