The South Korean blockchain seeks to raise funds to develop new cross-chain apps using its interoperability technology. The ICON Foundation has revealed ideas to introduce an interoperability incentive scheme worth 200 million ICX ($200 million currently). The foundation contributes to the growth of the ICON network, South Korea’s biggest public aggregator chain. The foundation expects that by executing this initiative, the ICON community and its partner networks will be encouraged to undertake ICON’s Blockchain Transmission Protocol, or BTP.The incentive programme intends to offer up to 200 million ICX tokens over a five-year timeframe, with the majority of the funds originating from the ICX reserve allotment collected during the 2017 token sale.ICON plans to enlist development groups from various environments to examine the cross-chain communication opportunities provided by BTP.According to the company, most of the funds will go into creating new high-quality use instances for the B
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