ICON
ICX#1106 by market capNot covered. The criterion it missed: no roadmap or documentation page linked from the homepage.
ICON is for a platform other apps build on. We have not written its record yet, so its promises are not checked. It trades at $0.011, #1101 of all coins by size, 100% below its highest ever price.
This week Nothing changed on its record.
A real job, real backing. No dated promises on its pages. Nothing dated ahead. #13 of 38 cross-chain communication coins. Nothing to be careful of on the record.
Is it real?
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3 of 4
- ✓A real-world jobReal-world purpose: a platform other apps build on
- ✓Real backingBacking: backed by Pantera Capital; trades on OKX, Bybit, KuCoin
- –Something aheadA dated step, deliveries on record, or demand showing up in the news.
- ✓Room to growRoom: worth $12.04M, 28 times smaller than LayerZero, the biggest coin within reach doing the same thing (Cross-chain Communication)
Backed by Pantera Capital
- Origin19 September 2017about about 8 yearsicon.community, GitHub, Whitepaper
- DevelopersNot namedNeither Wikidata nor its listing names the foundersCode activity not checked
- BackingPantera CapitalInvestor tags from CoinGeckoListed on OKX, Bybit, KuCoin, Upbit
- Standing on the recordNo recordNo dated promise to judge yet0 headlines last monthNo corrections needed so far
It is already worth more than the typical coin in Cross-chain Communication ($5.37M). To match the leader, LayerZero ($335.42M), its price would need to rise 2686%, to about $0.3056.
Still to check
- No dated promise on record yet, so delivery cannot be judged
- Only 0 headlines named it last month
What to do Nothing dated is ahead and nothing has been delivered on record. There is no event to wait for yet, which is itself the answer.
A gap is not a forecast. Most small coins never close it. The site never picks.
Four tests, printed. Passing all four means a real job, real backing, something ahead, and a price far below the leader of its group. A filter on facts, never a verdict.
Every line has a source: the coin's own listing, CoinGecko's tags, the record, or the news feed. Reputation here is a count, never an opinion.
Does it deliver?
No dated promise has been found on the pages this project publishes. Its pages are saved every night, so anything it commits to from now on appears here.
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Every line is quoted from the project's own pages, with the copy we stored and, where one exists, the article that reported it
What is next, and when?
Nothing dated has been found on its pages, so there is no date to wait for yet.
How big is it next to its rivals?
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Only coins within a hundred times its worth; a coin a thousand times bigger is another world
A platform other apps build on
453 coins tagged Smart Contract Platform, worth $724.87B together. #275 of 453 by worth.
Cross-chain Communication: this coin against its direct competitors
- CoinWorth, as a barWorthAgainst this coinToday, and the gapSupplyPromises
ICON$12.04Mthis coin−7.1%no maxno record
LayerZero$335.42M27.9× bigger, +$323.38M−7.7%, gap −0.635% outno record
Olympus$301.38M25.0× bigger, +$289.34M−0.5%, gap +6.6no maxnone dated
Zama$113.95M9.5× bigger, +$101.91M−5.6%, gap +1.5no max1 of 7 delivered
deBridge$92.23M7.7× bigger, +$80.19M+0.9%, gap +8.059% out0 of 2 delivered
Wormhole$62.02M5.2× bigger, +$49.98M−4.4%, gap +2.765% outnone dated
SOON$60.68M5.0× bigger, +$48.64M−1.5%, gap +5.6no maxno record
Axelar$58.91M4.9× bigger, +$46.87M+5.8%, gap +12.9no max0 of 6 delivered
Cross-chain Communication: this coin next to LayerZero, the biggest rival within reach. People go to the bigger coin unless the smaller one does something it does not.
- ICON says
- Founded in August 2017, ICON has spent many years fostering its L1 ecosystem and pushing for sustainable cross-chain development infrastructure.
- LayerZero says
- .
Two claims, side by side, in their own words. Whether the difference is real is for the record to show over time, and for you to judge.
Founded in August 2017, ICON has spent many years fostering its L1 ecosystem and pushing for sustainable cross-chain development infrastructure.
Problem it says it solves: a platform other apps build on. 453 coins are working on it and together they are worth $724,873,563,923. This coin is 0% of that.
Each bar is a coin's worth today (price × coins out), longest first. The lit bar is this coin; grey bars are the others doing the same job.
Bars are market cap. Order is size, nothing else. Differences are measured from the coin you are looking at.
What should make me careful?
Nothing printed today
None of the six tests fails. A missed promise counts only on a record a person has checked.
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Cross-chain Communication: this coin next to the group's largest, LayerZero.
| ICON | LayerZero | |
|---|---|---|
| Years trading | 9 years | 2 years |
| Major exchanges | 4 | 8 |
| Named backers | 1 | 2 |
| Headlines, last month | 0 | 59 |
| Promises delivered | no record | no record |
What it says is different: Founded in August 2017, ICON has spent many years fostering its L1 ecosystem and pushing for sustainable cross-chain development infrastructure.
It is 3.6% the size of LayerZero. On the facts above it is behind on major exchanges, named backers, headlines, last month. For that gap to close, the record would need deliveries showing up in its record, news that names it. Nothing here says it will; the site does not predict.
The tests: nothing to hold it for, more missed than delivered, priced ahead of its record, half the supply still to come, rivals ship while it does not, a big release of coins soon.
The homework: the coin itself, the news, the record
The coin itself
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The last 7 days
Where today sits against its highest ever price
Highest ever: $13.16 on 8 January 2018. Today is 0% of that.
99%
of all ICX that will ever exist is already out in public hands: 1.1B coins.
1% (11.45M coins) is not yet created or held by the project. That is a small share. Those coins can be sold later, which can push the price down.
out held back. Each dot is 1%.
Pays for every use of its network
Every transaction on its network pays a fee in it. That is the built-in reason anyone needs it.
- Every transaction on its network pays a fee in it
- A vote on how the project is run
That is all a market cap is: today's price times the coins in public hands. It moves every time the price does. It says what buyers are paying, not what the coin is worth.
- 1.1Bin circulation of 1.11B total. No hard maximum is set, so more can be created.
- of its all-time high of $13.16 on 8 January 2018. That is −99.9% from the top.
- #1101by market cap, $12,040,651.
- 19 September 2017first block, as listed by CoinGecko.
- Not checkedwho holds the most coins, and how much has been burned. Those need on-chain data this site does not read yet.
Supply and value figures from CoinGecko, refreshed hourly. Not part of the record.
- $614.51K is locked in apps built on it right now
From DefiLlama, refreshed nightly. Fees are what people paid to use the thing; value locked is what they trust it to hold. Facts, not a score.
What the news says
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Nothing in the news this month.
Nothing matched in the last month from the sources we read. CoinDesk, Cointelegraph, Decrypt, The Block, plus Google News searches for coins with a record and the top 100.
The record itself
Not covered. The criterion it missed: no roadmap or documentation page linked from the homepage.
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Six facts, the project's own replies, its peers, contract facts, references and every stored copy