June ICON Monthly Grant Recap 2020

Marvelous Gift Cards, Korean Community Management & Social Media Marketing

Greetings ICONists,

We’re happy to share the latest progress with ICON’s community grant program. As we’ve done in prior months, in this report, we’ll take a closer look at the grants approved by the Foundation thus far in June. Additionally, we’ll highlight updates to periodic reporting and the respective progress of our previously funded grants. Enjoy!

June 2020

We’ve approved 3 grants thus far in June; 2 for community and marketing and 1 for DApp. If we approve any more in the coming days, we’ll be sure to provide more details on any we miss in next month’s update. Please see the details for this month’s approved grants below.

Marvelous Gift Cards

P-Rep team Reliant Node is creating Marvelous Gifts Cards which are ICON-based gift cards meant to reach non-crypto users.

In addition to supporting $ICX, Marvelous will also support IRC2 based tokens, enabling ICON dApps who have a utility token (ICONbet, Velic etc) to create gift cards and engage their existing communities, and also expand to new members.

Periodic Report timeframes:

  • 2020/06/22 02:00 AM (UTC)
  • 2020/07/23 02:00 AM (UTC)
  • 2020/08/23 02:00 AM (UTC)

Funding Amount

  • 2020/06/25 02:00 AM (UTC) — $6,611
  • 2020/07/25 02:00 AM (UTC) — $6,611
  • 2020/08/24 02:00 AM (UTC) — $6,613

Korean community management

Community member, SimSulKim and team will manage the following Korean communities:

  1. www.ICONkr.com
  2. KakaoTalk
  3. Korean Telegram Group
  4. CoinPan
  5. Naver Blog

In addition to community management, the team will translate English materials for our Korean media channels. And as part of the approval, the Foundation set two KPIs:

  • At least one meetup per month at the ICON office
  • Growth of page views of the website, targeting 15% growth month to month

Periodic Report timeframes:

  • 2020/06/24 02:00 AM (UTC)
  • 2020/07/22 02:00 AM (UTC)
  • 2020/08/20 02:00 AM (UTC)

Funding Amount

  • 2020/06/25 02:00 AM (UTC) — $2,100
  • 2020/07/24 02:00 AM (UTC) — $2,100
  • 2020/08/24 02:00 AM (UTC) — $2,100

Social Media Engagement and Growth Accelerator

ICONPLUS is going to run a social media engagement and growth accelerator program. Here are the things they are focused on:

  • Outreach within the crypto community to grow market share. Other projects are actively investing on this side of the business and without an equally aggressive approach, we risk losing market share. ICONPLUS has noticed that general ICX engagement has increased and with this project, they intend to grow it further and improve it in quality.
  • Educate the masses and the less familiar members with the ICON project and slowly on-board them through fact sharing.
  • Engage different communities within the crypto sphere.
  • Aim to spend a portion of the budget on outreach out of the crypto community to test this market space, help to understand potential to further optimize the campaign in the future.

Periodic Report timeframes:

  • 2020/07/24 02:00 AM (UTC)
  • 2020/09/19 02:00 AM (UTC)
  • 2020/12/10 02:00 AM (UTC)

Funding Amount

  • 2020/06/24 02:00 AM (UTC) — $17,225
  • 2020/08/24 02:00 AM (UTC) — $11,483
  • 2020/12/17 02:00 AM (UTC) — $5,742

Periodic Updates

ICON Hyperhack Report #3

Review of each KPI

Marvelous Report #1

  • 27% completed.
  • completed 90% of the UX/UI and 15% of the API engineering work

Atomic Wallet Report #1

  • Integration of ICON into Atomic Wallet is 80% complete
  • Added ICX to all the platforms including Mac, Windows, Linux, Android and IOS
  • At the moment they are working hard on the integration of ICX staking, and they’ve completed approximately 40% thus far

Thank you,

Hyperconnect the World

ICON Foundation

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