Check out this Bullish Review on ICON in 2018:
https://www.youtube.com/watch?v=esV9hKUZiE0&t=488sSummary;
ICON will represent one of the the largest networks able to connect different blockchain based communities through smart contracts and interoperability ICON will have real world applications in different sectors mainly financial institutions, e-commerce platforms and universities.
The team is promising high level usability and scalability thanks to its
unique DPOS (Delegated Proof of Stake) as well as a decentralized development for its DAPPS. It promises to solve Ethereum scaling problems better than EOS and design a decentralized exchange with lower transaction fees than Bancor.
ICON vision is to change the concept of community nowadays limited by geographical boundaries within certain social and political functions to a concept that is more direct, fluid, based on exchange of value and run by Artificial Intelligence.
ICON is a Project of DAYLI financial group and has been built using theloop which is the company that built the underlying blockchain technology. They are also owned by Dayli Financial Group.
DAYLI group acting as parent company is the largest fintech alliance in Asia. It is also providing technical development through its operating branch DAYLI Intelligence in partnership with Samsung and Hyundai.
These relations make ICON very embedded in the interests of Korean financial institutions.
Further technical backing will be provided by TheLoop, a blockchain engine development company in charge for developing
the Loopchain that is already adopted within the Korean financial institutions and will power the ICON network.
According to recent announcements TheLoop has joined partnership with ChainToB with the objective to further develop the blockchain that powers the ICON Network. ChainToB is a Korean blockchain startup that is developing a new blockchain based social networking service in Japan and acting as blockchain services provider in Asia.
The ICON Project’s main channel is Twitter on which it counts 89k followers. The team uses Twitter to post the main news with a high frequency (average daily post rate 1.31/day) and complements with small official channels on Facebook (6.5k followers) and Telegram
(20k followers).
Size of the community is still not excessively hyped if compared to coins gravitating in higher positions of the Coinmktcap ranking. (E.g. Ripple 839k flws/Litecoin 409k flw/EOS 127k flws/ Tron 275k flws). Should be mentioned that Twitter does not represent the main social media for usage in Korea, in which KakaoTalk and Facebook have wider coverage (according to more than one source).