ICON commits $200M to interoperability incentive fund -Breaking
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ICON Foundation plans to create an interoperability program that will cost 200 million ICX or around $200 million. The foundation supports the development of the ICON network, South Korea’s largest public aggregator chain. The foundation said that it hopes this program will incentivize the ICON community and its partner networks to adopt ICON’s Blockchain Transmission Protocol, or BTP.
Over five years, the incentive program will give out 200 million ICX tokens. It is financed mainly by the 2017 token sale reserve allocation. ICON intends to attract development teams in other ecosystems to explore BTP’s cross-chain communication opportunities.
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