ICON Republic Is Ready To Take Over The Crypto World | Blockchain Central

ICON Republic Is Ready To Take Over The Crypto World | Blockchain Central

Assessment

Interactive Video

Business

University

Hard

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The video discusses Icon, a crypto platform aiming to connect blockchains globally. Icon uses the Nexus blockchain and Icon Republic ecosystem, similar to a federal government structure, with C-Reps representing communities. Icon features a decentralized exchange and supports DApps and ICOs. Developed by The Loop, Icon has real-world applications in Korea. The video concludes with a disclaimer about financial advice.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the primary goal of the Icon platform?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

Explain how the governance structure of the Icon Republic is similar to a federal government.

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What role do citizen nodes play in the Icon ecosystem?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

Describe the unique features of the decentralized exchange on the Icon platform.

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

Who developed the Icon blockchain and what is its significance?

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