$ICX is a cryptocurrency that serves as the basis for the ICON blockchain platform. ICON was created with the aim of uniting various blockchains and improving their interaction by providing technology for creating interconnected decentralized ecosystems.

The main idea of ​​the $ICX project is to create a network in which different blockchains can communicate with each other using standard protocols and APIs. This allows the exchange of data and value between independent networks such as #Ethereum , #Bitcoin and others. Thus, #ICX solves the problem of isolated ecosystems in the world of blockchain technologies.

The ICON platform also actively supports the development of decentralized applications (dApps) and smart contracts. Its infrastructure includes the Loop Fault Tolerance (LFT) consensus algorithm, which ensures fast and secure transactions.

$ICX is used within the platform for staking, voting for proposals and system management. At the same time, #ICX tokens are actively used in various projects and for interaction between blockchains.