ICON ICX to W Green Pay WGP Exchange

Crypto Pair Details: ICX to WGP

ICON ICX

ICON is a blockchain technology and network framework designed to allow independent blockchains to interact with each other. ICON is supported through a cryptocurrency token, called ICX. ICON is a South Korean-based company that developed a blockchain technology and accompanying cryptocurrency token called ICX. The company bills itself as an interconnected blockchain network, allowing participants in a decentralized system to “converge” at a central point. This is done by connecting a community to other communities through ICON Republic and Citizen Nodes. While blockchains are most commonly associated with cryptocurrencies, enthusiasts point out other areas where the technology can be applied. Any exchange of information can technically be added to a blockchain, though adding some types may not be cost-effective. Transactions involving securities, currencies, business contracts, deeds and loans, intellectual property, and personal identification could be “tokenized. ICON’s blockchain is more like the Plasma or Ontology blockchain in that its purpose is to act as an intermediary between other blockchains and networks. This interconnectability makes the ICON project worth keeping an eye on over the next decade. ICON sports its very own decentralized exchange. This DEX sets currency reserves for each blockchain community so that ICON communities can exchange value in real time through the ICON Republic. In this way, DEX complements C-Rep portals by establishing another gateway for ICON Communities to connect to the ICON Republic.

W Green Pay WGP

W Green Pay users will be able to spend tokens as a payment method anywhere in the world as the platform is progressively rolled out globally with the continued expansion of supporters and contributors to the HOOXI Campaign. W Green Pay is already used as the exclusive payment method on HOOXI Shopping Mall integrated in the HOOXI App. Hodlers of W Green Pay will have exclusive access to W-Foundation’s HOOXI Campaign events, which are highly valued events orchestrated by W- Foundation’s existing global community of sponsors, partners, and K-POP followers. Demand for W Green Pay is also expected to remain stable and consistent. Issuer will continue to buy back the tokens to expand the reward pool to the HOOXI App users to further motivate the public to participate in environmental actions.

SOURCE: COINGECKO

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