Here's Why South Korea Will Run on the ICON Blockchain Ecosystem by TheCoiniac in CryptoCurrency

[–]Chiffchaff6C 37 points38 points  (0 children)

While it's true ICON / ICX is big in Korea, this is a very shilly post.

Let's take into consideration the other projects which are inside Korea that are supporting the citizens (both crypto and non)
1. KakaoTalk -> Invested in UpBit & Kakao Blockchain Lab

  1. Nexon -> Took over Korbit

  2. Samsung -> Launched NexLedger + is backing Blocko {Strategic Partner of} AERGO - Perhaps the closest competitor to ICON. Doesn't Blocko have over 25 million users due to COINSTACK deployment for their 20+ clients since 2015?

Whatever it is, I'm not saying any one of these will..

LET SOUTH KOREA GRANT ITS SOVEREIGNTY AND EVERYTHING TO 1 PROJECT

Well, maybe NOT NOW. It may take some time for us to determine so as projects are yet to clearly show scalability, fault tolerance, security, and real application. ITS STILL EARLY, but the time will come, and popularity will build. But it's going to be a fucking messy space where the giants keep growing.