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ICON commits $200M to interoperability incentive fund

The ICON Foundation announced plans to launch an interoperability incentive program for 200 million ICX, or approximately $200 million at the time of publication. The foundation supports the development of the ICON network, South Korea’s largest public aggregator chain. The foundation said that it hopes this program will incentivize the ICON community and its partner networks to adopt ICON’s Blockchain Transmission Protocol, or BTP. The incentive program aims to distribute up to 200 million ICX tokens over a period of five years, primarily funded by the ICX reserve allocation raised during the 2017 token sale. ICON intends to attract development teams in other ecosystems to explore BTP’s cross-chain communication opportunities. The majority of the proceeds are planned to go towards de...

Ex-President Jonathan enlists colleagues to mitigate electoral crises in West Africa

Former President Goodluck Jonathan has enlisted the support of other ex-presidents and Prime Ministers in West Africa to mitigate elections-related conflicts to promote peace in the region. Mrs Ann Iyonu, Executive Director, Goodluck Jonathan Foundation (GJF) announced this at a news conference in Yenagoa on Friday. Iyonu said that the former leaders’ group christened West African Elders Forum (WAEF) was inaugurated by Jonathan at a virtual meeting held on Thursday. She said that WAEF was an initiative of the GJF aimed at harnessing the goodwill, expertise and experiences of former leaders to promote peaceful elections and deepen democracy in West Africa. According to her, the forum comprises three former leaders of Nigeria, Ex-President Jonathan, Chief Olusegun Obasanjo and Retired Gen. A...