Deblock founder/partner Hyunseok Oh introducing Deblock

Deblock Presentation

A presentation describing Deblock, the main organizer of this event, was given by one of the founders, Hyunseok Oh, following the ICON presentation of its main features, roadmap, and SCORE.

The blockchain accelerator Deblock, which was jointly founded by ICON and AD4th, the leading player in the Korean advertisement market, was created to provide consulting and networking services for projects and people needing guidance building on the ICON platform. It also acts as a gateway connecting investors with potential projects. Deblock has pledged to support/incubate more than 300 ICON projects in the upcoming years through partnerships and domain expertise in the relevant fields.

Traditional network effect v.s. Token Network Effect

A distinguishing characteristic of Deblock as a blockchain accelerator lies in its deep understanding and roots as a blockchain company.

‘Gap Before ICO’

This was emphasized with a description of the difference between traditional network effects of non-tokenized businesses and token network effects of token based businesses, and the role that Deblock would play providing consulting/networking/marketing/financing in the area labelled “Gap Before ICO” and possibly post-ICO.

A model of the ideal ICON project

A model of an ideal project would require a domain expert. For instance, a dapp aiming to challenge Airbnb would require an expert of the sharing economy. The need for a developer goes without saying along with an inclusion of the requirement of a token economist. A new position for a new business paradigm.

Each role would be essential for success. But a heavy emphasis was placed on the fact that despite these projects being built on blockchain technology (i.e., ICON), the critical focus would be on real life use/adoption, a point which Minho Kim, CEO of ICON, has repeatedly emphasized in several interviews regarding his business adoption focus for ICON.