
Since launching our P-Rep campaign as ICON DAO in September, our team has spent considerable time, effort and resources in executing the plans outlined in our P-Rep proposal. In designing our proposal, we tried to focus on making plans for the community that would not only be useful to ICONists and the ICON ecosystem but also feasible enough to be carried out immediately.
This article will highlight the contributions our team has already made to the ICON community from September 17th to November 8th, 2019 — A mere 52 days after our proposal registration.
Our core contributions could be categorized into 5 sections (with references from our proposal):
1. Community Support:
“Publishing content and biweekly updates to ICON’s Social media to keep the community informed”
2. ICON Marketing and Promotion:
“Marketing and promoting ICON within the blockchain community in Asia”
3. Leveraging Our Network:
“Leveraging our network to market and expand ICON”
4. Node Operations:
“Ensuring a highly secure and resilient node”
5. Product Development:
“Committed to developing and sourcing new blockchain projects wishing to integrate blockchain technology through our community support initiatives”
Here is what we have accomplished in each category so far:
Community Support:
Fostering a community of educated and informed ICONists.
1. Korea Blockchain Week and ICON Events
ICON DAO represented ICON at all ICON-sponsored Korea Blockchain Week conferences, latest ICON-related presentations and ICON-organized events. Through attending these functions, we managed to not only represent and promote ICON to the blockchain community but also translated and detailed ICON news and updates to ICONists through live Twitter coverage and articles on medium. Effectively acting as the bridge between global ICONists and ICON’s activities in Korea.
- Events attended and covered: 7
- ICON updates written: 3
2. Educational Content
To educate and help guide ICONists through prevoting stage, we wrote articles covering frequently asked questions by the community, a voting and staking tutorial, as well as a troubleshooting guide to help solve issues while using ICONex and Ledger Nano S.
- FAQs/Tutorials provided: 3
3. Community Q&As
To keep the ICONists informed and engaged, we held Community Q&As where members of the community directly submitted questions to our Reddit, Twitter and Telegram accounts which were then submitted and directly answered by an ICON Foundation council member.
- Community Q&As done: 2
ICON Marketing and Promotion:
Promoting ICON within the blockchain community in Asia.
1. FutureCon 2019

The ICON DAO team, under our VC firm theventures.co and CAN , organized a blockchain conference to introduce the benefits of decentralized communities to the South Korean business sector. Our attendees, consisting of entrepreneurs, developers and investors, had the chance to be introduced to our products and the ICON network.
ICON Foundation / ICX Station member Daeki Lee spoke on behalf of ICON to promote the DAO initiative for which ICON DAO is providing consulting.
2. ICON DAO at Bitcoin Center Korea
To promote ICON to South Korean blockchain enthusiasts and traders, ICON DAO introduces and answers ICON questions to members of the bitcoin community every Saturday from 2–4pm at Bitcoin Center Korea.

So far we have had some success in bringing interested parties over into the community organically.
Network Leverage
Establishing strong user-bases for our DAO products.
1. World Vision Korea
We were very excited to finally announce, in our interview with The ICONist, our new client World Vision Korea. World Vision Korea will be using our DAO products to organize their non-profit endeavours and manage their communities and project funding.
World Vision is a non-profit humanitarian aid organization operating in over 97 countries with 37,000 members and revenue of over US$2 billion.
Node Operations
1. TestNet Participation
September-October, ICON DAO has participated in TestNet and Mainnet operations to help ICON Foundation prepare for decentralization.
2. Main P-Rep — 99% High Productivity
Following decentralization, we were very generously voted in as a Main P-Rep by the ICON community. Since then, ICON DAO has maintained a high productivity of 99% with our dedicated node operation team working around the clock.
3. P-Rep Rewards
As for our rewards for running our node, we have re-staked 100% of the rewards we have received thus far.
By re-staking our rewards back into the ecosystem we are helping to stabilize the price of ICX by not quickly liquidating our rewards during the early stages of decentralization.
Product Development Progress
We have achieved development progress on our DAO tools: They are currently in the testing phase with our clients, World Vision Korea and Vingle.net
A quick review of our products:
- Cryptobadge — CAN’s reputation system that allows users to gamify their life through receiving, or ‘unlocking’, achievement badges that identify their diverse skills, expertise and accomplishments on the blockchain.
- Code in Force — A governance design tool for users, organizations, or services to facilitate a transparent decision-making process for collaborations.
- Token Manager — A token creation and issuing tool for users to develop and manage transactions of their community’s own native token.
- Community Bank — The shared funding pool where DAOs developed on our platform may pool their assets for project funding.
- GROUP — A development stack for individuals or organizations to build functional communities easily and quickly.
Going Forward
To wrap up the final quarter of 2019, our experienced development team we will be focusing on our CryptoBadge dApp integration and testing our DAO tools.
Our active communications team will continue to promote ICON network and keep the community informed and engaged.
And our very capable node operations team will continue to work with ICON Foundation and fellow P-Reps to provide resilient and scalable node operations and vote in changes that will enhance the network.
ICON DAO is committed to being the P-Rep that ICONists can rely on to represent their interests and make decisions for the betterment of the network.

ICON DAO is an ICON Network-based decentralized organization committed to providing the tools and services needed for users to easily develop and manage decentralized communities to collaborate and fund projects.

