Blockchain technology adoption has seen better days since the year started. A couple of blockchain projects are taking the initiative to create awareness about the platform’s fundamental value in socio-economic setups. ICON (ICX) announced on August 17th 2018 that the team will launch ‘ICX Station’ mainly to bring its network closer to the masses!
The ICX station program is meant to cover various parts of the world and accelerate blockchain adoption. Ideally the ICON foundation based project will have hubs in popular cities with the pioneer being San Francisco; the hubs have been named ‘Launchpads’.
ICX station will present an opportunity for the ICON (ICX) community to expand the businesses running on its platform. History has taught us that we tend to underestimate the long-term potential of new tech ideas while overestimate the short-term value. This is no different to what has been happening in the crypto markets since ICO’s started being issued. ICON’s vision and strategic partnerships seem to fall within HODL coins in this case.
One of the advantages ICON enjoys is a long-sighted team whom firmly believe in blockchain network. Therefore, the project is being implemented from a practical approach from its protocol and other platform features.
Launchpads often share the same vision; in most cases the aim is to create a global network and market. ICON’s Launchpad mission is quite similar; the project will accelerate blockchain adoption in real markets. The ICX station will facilitate the opening of a various hubs in the world to connect the cryptopreneurs and institutional investors. According to a medium post, ICON foundation has stated that this can only be achieved if they receive support from industry players!
The ecosystem within ICX Station will ensure that participants play their role to make the platform a success. Cryptopreneurs will focus on building ICON related businesses while the Launchpad managers are responsible for integration. Basically, the managers will be a link to potential stakeholders like the developing experts and fund investors. In addition, the ICX station comes with an incentive for interested investors whereby they stand a chance of receiving $100,000 worth of ICX.
ICON foundation presence within the blockchain arena is quite significant. The team has remained enthusiastic about the new technology with an aim to penetrate this potential market. However, all is not clear within this grey area hence the initiative by ICON (ICX) to connect the world with education on its network.
ICON ICX Price Review
The ICX coins have been slightly bullish in the past 24 hours gaining 4% to trade at $0.6679 against the dollar right now. Its volatility has been relatively high in comparison to peer crypto coins whereby 52% and 25% are the monthly and weekly figures respectively. However, this is not a surprise given the coin’s price is 94% below its all-time high!
ICON (ICX) is among the few altcoins that have managed a positive cumulative return since the ICO was issued. At the moment, a pioneer investor can realize 79% from this position according to coincheckup. Given the crypto markets volatility and young nature it is highly speculative to determine whether the coin is over or underpriced.