Learned by 72 usersPublished on 2024.04.01 Last updated on 2024.10.15
Tokens
Introduction to Idea Chain Coin (ICH)
Idea Chain Coin is a type of token, a digital currency based on blockchain technology. Its goal is to become a decentralized platform that provides a trusted and autonomous environment for innovators and entrepreneurs.
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According to the provided search results, there is no direct information available about the founders of a token named “idea.” Here is the relevant information:
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Here are some venture capital firms that have invested in tokens idea:
Longhash Ventures: Invested in DeFi and infrastructure-related projects, including collaborations with Cosmos and ZK Accelerator.
SevenX Ventures: Invested in multiple token projects, including AntShares and other infrastructure-related projects.
Wanxiang Blockchain Lab: Early investor in Ethereum, providing $500,000 in cash support.
Libertus Capital, Blocktower Capital, Konvoy Ventures, etc.: Invested in the parent company of the NFT game Axie Infinity, Sky Mavis.
a16z: Invested in the A and B rounds of OpenSea financing.
Ikigai Asset Management: Launched a $40 million blockchain venture capital fund.
Blockchain Founders Fund: Launched the BFF II fund, raising $75 million to invest in pre-seed and seed stage projects.
Dragonfly Capital: Currently fundraising for the new fund Dragonfly Ventures III Feeder Fund.
Operational Principle of Idea Chain Coin (ICH) Tokens:
Blockchain Foundation: ICH uses blockchain technology as its underlying infrastructure. Blockchain is a decentralized distributed ledger system that can securely, transparently, and immutably store transaction records across a computer network.
Transactions and Blocks: Information is divided into multiple blocks, each containing a list of transactions. When new transactions occur, they are broadcast to all nodes on the network. These transactions are verified through a consensus mechanism (such as "proof of work" or "proof of stake") and added to the blockchain.
Decentralization and Consensus Mechanism: ICH operates on a decentralized network of computers (nodes). Each node has a copy of the entire blockchain, ensuring redundancy and eliminating single points of failure. The consensus mechanism ensures all nodes have a unanimously agreed version of the blockchain.
Cryptographic Technology: ICH employs cryptographic technologies (such as hashing algorithms and digital signatures) to ensure transaction security and the integrity of the blockchain. Each block contains a unique hash value, and altering information in one block requires changing the hash value and all subsequent blocks, making it computationally infeasible.
Application Scenario: The primary goal of ICH is to simplify the process for inventors to register their ideas as patents, particularly supporting inventors in developing countries in Asia and Africa. It aims to help inventors protect their rights and ensure their innovative ideas are recognized and protected.
In summary, Idea Chain Coin (ICH) Tokens operate through blockchain technology, decentralization, consensus mechanisms, and cryptographic techniques, aiming to protect intellectual property, especially for inventors in regions where patent registration may face challenges.