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Icon.X World Stock

Icon.X World

ICNX

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Icon.X World Whitepaper

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Börse Marktpaar Preis +2% Tiefe -2% Tiefe Volumen (24H) Volumen % Typ Liquiditätsbewertung Aktualität
MEXCICNX/USDT011.3314.3717,617.190cex55/30/2025, 1:48 PM
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Icon.X World FAQ

{ "q": "about", "a": "Icon.X is an innovative project that seamlessly integrates high-level racing, mechanics, and Web3 technology. The primary objective is to remove entry barriers in the exclusive realm of simulation racing, affecting both logistics and financial aspects. It provides car enthusiasts and racing fans the opportunity to experience the intense, adrenaline-charged world of racing from the convenience of their homes. Icon.X covers the entire economic spectrum of racing, including sponsorship, team integration, cash prizes, rankings, and more.\n\nJonathan Behar, the visionary behind Icon.X, has merged his passion for technology, innovation, and video games, particularly racing games, to develop this platform. With over twenty years as an engineer and entrepreneur, he has been captivated by emerging technologies and avant-garde projects. Since 2017, his interest in blockchain technology has been a substantial influence. He sold his consulting company to Keyrus to fully commit to Icon.X, which started as a concept for a dealership in the metaverse but evolved into a distinctive virtual racing universe utilizing Web3 technology.\n\nIcon.X draws inspiration from successful games like Fortnite and Roblox, concentrating on customization and shared experiences. Players can personalize their cars with unique skins and even utilize their own NFTs, reflecting both their community affiliation and personal identity.\n\nThe platform plays a role in democratizing sim-racing, making the experience accessible to enthusiastic amateurs. Icon.X provides a competition system based on skill and rankings, allowing players to feel the near-professional thrill of racing against professional sim-racing pilots. The Icon.X School is poised to launch, offering educational opportunities with professional drivers.\n\nParticipants in Icon.X can earn rewards through various gaming modes, including ICNX rewards, the utility token powering the platform, challenging both individual skills and clan collaborations. The platform strives to create an exciting and enriching gaming environment, rewarding players for their skills and accomplishments.\n\nTechnically, to join Icon.X, players must install the application on a PC and the game Assetto Corsa. They can then participate in intense competitions and customize their vehicles, joining one of the official teams or leagues.\n\nIn 2023, Icon.X has already rolled out its application, custom shop, Icon.X school, and established partnerships with distinguished brands and racing teams. It also aims to create immersive events that combine music, sim-racing stands, and live racing, merging virtual excitement with real-life interactions.\n\nIn summary, Icon.X aspires to democratize racing by attracting real players while leveraging Web3 technology to offer a gamified and incentivized experience. We are constructing an ecosystem where players can enjoy the exhilaration of a comprehensive gaming experience supported by blockchain technology without friction. Our product offers enthusiasts and aspiring drivers the chance to fulfill their dreams of becoming pilots, securing sponsors, customizing their vehicles, and monetizing their skills. It provides an opportunity for both novices and experienced drivers to enhance their skills with professional coaching, delivering an immersive, exhilarating, and intense experience in the metaverse.", "rank": "0" }

Investors interested in Icon.X World are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.