Dear ICONists,

Welcome to the year 2020! The crypto winter has been unbearably harsh for many blockchain projects. Yet, the ICON ecosystem continues to grow and accelerate by the day.

Key Highlights

The number of wallets with an ICX balance have shown average weekly growth of 5% post-decentralization, a significant increase from 0.75% pre-decentralization.

post-decentralization, a significant increase from 0.75% pre-decentralization. ICON network continues to strengthen with over 80 validators (“P-reps”) and ~ 40% of circulating ICX supply staked providing approximately 19% annualized interest .

(“P-reps”) and ~ of circulating ICX supply staked providing approximately . ICX is now listed on 31 exchanges and wallets , most recently adding U.S. Exchanges Kraken and Binance U.S. which include USD/ICX pairs for the first time.

, most recently adding U.S. Exchanges Kraken and Binance U.S. which include USD/ICX pairs for the first time. Enterprise adoption and community contributors are increasing (details below).

AND FINALLY… Interoperability, the last piece of the puzzle that glues our ambitious vision together, is underway as we have published BTP v0.5 PoC paper on Github.

We believe ICON is now truly becoming a global grassroots movement beyond South Korea. Please continue to follow our journey as we have so much more to share with you this year.

Thank you,

Min Kim, ICON Foundation Council