/biz/ - Business & Finance

am here got in at 9

ICON GANG ICON GANG ICON GANG

>>10832398
6 EOY confirmed, literally no way it wont hit 6

I got in at $12 feeling pretty good.

I got in at 2$ :(

>>10832705
>>10832714
>>10832659

Hello my dear anons,

Anyone needs a question to be answered about ICON ? I'm here for the next hour, AMA.

>>10833999
When will we see the token being used and what will be the first communities to be connected by icx? Where are they regarding crosschain interoperability (for instance with ETH or btc)? In what way Line will use icx? Why do they want to build a dex and when will it be delivered? Everybody talks about a partnership with Samsung but I understand that Samsung phone will just use loop chain's KYC, how does this impact icon?

Thanks

>>10833999
when lambo?

>>10833999
When is staking released? When is LINE going to show something involving ICX?

>>10834448
My ID is HHH. I’m doing a pedigree on all you nonbelievers

>>10834179

> When will we see the token being used and what will be the first communities to be connected by icx

Most probably Blue Whale, Airbloc and Bodhi.

MECA and weBloc seems quite mature but they need to complete their tokensale first.

Chain ID should be connected to ICON whenever the network is mature enough - it is going to be great.

When ? Before the end of the year.

> Where are they regarding crosschain interoperability (for instance with ETH or btc)?

Not so far for now. The focus is clearly on loopchain-based blockchains. Considering Bitcoin and Ethereum future is uncertain in 4-5 years, wasting resources on these old blockchains might not be worth.

> Why do they want to build a dex and when will it be delivered?

The DEX is the ideal place for ICON-based tokens to be traded. Everything will be built and standardised so the dApps can communicate with the DEX as any other contract. The interoperability is not only about the protocol communication, but it was also motivated by time and easiness considerations.

When ? No ETA. It will be ready soon enough.

> Everybody talks about a partnership with Samsung but I understand that Samsung phone will just use loop chain's KYC, how does this impact icon?

You're right, it directly doesn't profit to ICON. However, it gives a huge credibility to ICON in terms of being able to handle such service, and gives a very good exposure to potential investors. Chain ID is by far the most mature and the most promising dApp on ICON for now, it goes beyond Samsung, a lot of companies in the financial industries are interested in this technology.

>>10834448
> When is staking released?

Don't expect it before the end of the token swap, 25th September. Before the end of the year.

> When is LINE going to show something involving ICX?

Unchain is progressing. Keep being patient, things are getting good.

>>10834518
Thanks ICON anon. All I saw with Unchain is those monthly start up contests. Is LINE actually doing anything too? Also, is that little pump we saw because the buyback started?

Also, remember when Ethereum announced EEA, and it had a MASSIVE run up? What in your opinion will cause that for ICON? And, are they working on something of that level?

Any inside on Korea unbanning ICO or Jeju island allowing it?

Also now that icon is in SF, Coinbase custody considered storage for icon. Coinbase is also in SF. Has Min set up any meetings with them?

>>10833999
What makes this better than ETH?

>>10834564
>Is LINE actually doing anything too

Yes. This is a joint venture. Both companies are joining their efforts in Unchain.

> Also, is that little pump we saw because the buyback started?

I don't know for sure, but I really doubt it. I don't think everything has been finalized yet regarding legal stuff for the repurchase program.
The today pump is much likely coming from investors buying back.

> Also, remember when Ethereum announced EEA, and it had a MASSIVE run up? What in your opinion will cause that for ICON? And, are they working on something of that level?

I can't answer to these questions, sorry

> Also now that icon is in SF, Coinbase custody considered storage for icon. Coinbase is also in SF. Has Min set up any meetings with them?

Very unlikely

>>10834795

> What makes this better than ETH?

For now, nothing. Ethereum is better in almost all aspects.
But at a later stage, a quality networking, interoperability and governable environment will preveil. For now, ICON requires a loopchain-based blockchain in order to be connected to it. It's actually something good, as any company are counseiled and supported by iconloop. It ensures a good network with serious actors. The ICON network is also modifiable and customizable depending of the governance from the C-Reps.

In my opinion, Ethereum will most probably be replaced in the future, as I foresee it cannot evolve fast enough and compete with the next generation blockchains such as ICON.

>>10835524
K thanks

Hi G3 Partners

>>10833999
Price estimates for EOY?

What are your favorite things about ICON?
What price do you think they will be in 2 years time maybe? Back above 12 dollars?