The IconXchange mission is to achieve sustainable and equitable future on funding of individual brands. IconXchange will endeavor to provide a decentralized, open, resilient infrastructure for the new generation of human funding. IconXchange aims to be a platform through which valuable brands are identified, grown, and incentivized. The backbone of this lies in the Blockchain technology. This worldly technology is safe, distributed, durable, robust, and has international remittances. Aside from the worldly aspects, blockchain is transparent, incorruptible, and by definition it is public. The decentralization factor separates IconXchange Coins and its predecessor, Fantex Inc. Cryptocurrencies are managed by networks that operate on a peer-to-peer basis. P2P transactions, such as stocks, are almost instantaneous, as opposed to three-day clearances. And, with the removal of intermediaries- such as clearing house, auditors, custodians- from the process. Transactions are propagated nearly instantly in the network and are confirmed. Since they happen in a global network of computers they are completely indifferent of your physical location. Cryptocurrencies use fast and comfortable means of payment with a worldwide and decentralized scope. Welcome to the world of incredibly dynamic, fast growing marketplace for investors and speculators.
The fundamental benefits of blockchain technology directly applies to many of the issues that plague current incentive systems. The system enables process integrity and frictionless exchange. A value-based token enables the following two crucial elements:
- Enhanced Liquidity: The IconXchange coin will be a tradable- instrument that may inherent value and can be exchanged on a blockchain that can erase artificial global market barriers. By leveraging blockchain technology verifying and clearing transactions will make it easier to trade coins. This cryptocurrency method will allow the IXC Token to capture the value created by reducing various and numerous inefficiencies.
- Accelerated Funding: Certain elements of the blockchain technology, such as simplified tracking of ownership throughout the tokens lifetime, may incentivize financial innovations that provide additional economic incentives to create and share tokens. Blockchain technologies have been rapidly evolving over the last four years. Ethereum offers enhanced features relative to Bitcoin, and newer technologies have dealt with many of the issues around both Ethereum and Bitcoin with respect to performance, security, privacy, know-your-customer issues, block size, permissions, scalability, and computational power consumption.
This trend will likely continue for the next few years. IconXchange intends to capitalize on the blockchain’s evolution and improvement without being locked into any one protocol or platform. In addition to potentially changing the crypto world, IXC believes in the Go Green philosophy.