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What is ICON, ICONLOOP, ICX & MyID Alliance?
By The Babylonians  •  May 17, 2020

I have swapped all my altcoins into ICX & KNC. The previous article was about why KNC? This will be about why ICX. I will give a brief overview of what ICON and ICONLOOP is, the staking yield of ICX, what is BROOF and what is MyID Alliance. All these are buzz terms you would commonly see and hear when people talk about ICON. I am bullish on the future of ICON and you will see why by the end of this read.

1. Overview of ICONLOOP and ICON

Unlike other ICOs where people just come together, write a white paper and raise money through a token sale, ICON started off from a different angle.

ICON’s parent company is a Korean fintech consortium called the Dayli Financial Group. Dayli is one of the largest fintech company in Asia and they invest in emerging technologies like AI analytics and blockchain. Dayli also owns a

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By The Babylonians
The Babylonians is a personal financial blog inspired by a book titled “The Richest Man in Babylon”. This blog shares insightful and educational content on investing across 3 asset classes: Stocks, REITs and Crypto. The motivation behind The Babylonians is to help the average Joe (using myself as a test subject) escape from the rat race through following certain laws and principles of wealth.
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