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Icon(ICX)上一次成為頭條新聞,當它與Tron和Filecoin競爭時,它是ICO泡沫的高峰
At the height of the ICO bubble, ICON (ICX) was making headlines for its high-profile bidding war with Tron and Filecoin to buy BitTorrent.
在ICO泡沫的高峰期,ICON(ICX)與Tron和Filecoin高調競標戰爭成為頭條新聞,以購買Bittorrent。
However, despite early promise as the “Korean Ethereum,” ICON struggled to maintain relevance amid fierce competition and a changing narrative.
然而,儘管早期承諾是“韓國以太坊”,但在激烈的競爭和敘事變化的情況下,偶像仍在努力保持相關性。
Now, the project is back in the news as it has rebranded to SODAX and is migrating its entire DeFi infrastructure from its own Layer-1 blockchain to Sonic, an EVM-compatible network known for high-speed, low-cost transactions.
現在,該項目又重新命名為SODAX,並將其整個Defi基礎架構從其自己的第1層區塊鏈遷移到Sonic,這是一個以高速,低成本交易而聞名的EVM兼容網絡。
Sonic itself is a rebranded Fantom, which began in 2024.
Sonic本身是一個更名的幻想曲,始於2024年。
In an interview with CoinDesk, ICON founder Min Kim explained the logic behind shifting from running an independent blockchain to effectively outsourcing that part of the operation to Sonic’s Layer-1 infrastructure.
ICON創始人Min Kim在接受Coindesk的採訪中解釋了從獨立區塊鏈轉移到有效將操作外包到Sonic Layer-1基礎架構的邏輯。
“Back in 2017, we had to build our own Layer-1 because there wasn’t any other infrastructure available,” Kim said. “Today, buying and maintaining your own Layer-1 property just doesn't make sense anymore because there are cheaper, better options available.”
金說:“早在2017年,我們就必須建立自己的1層,因為沒有其他基礎設施可用。” “今天,購買和維護自己的Layer-1屬性已經不再有意義了,因為有更便宜,更好的選擇。”
According to Kim, outsourcing infrastructure to Sonic allows his team to streamline expenses and sharpen their strategic focus on DeFi products.
根據Kim的說法,將基礎設施外包給Sonic使他的團隊可以簡化費用並加強對Defi產品的戰略關注。
“It significantly cuts our operating expenses by millions of dollars,” Kim told CoinDesk. “There's less inflation for our tokens, and all of this just makes financial sense.”
“這大大削減了我們的運營費用數百萬美元,”金告訴Coindesk。 “對於我們的代幣,通貨膨脹率較小,所有這些都是財務上的意義。”
This isn't all that dissimilar from the manufacturing world. Foxconn and Taiwan Semiconductor are billion-dollar companies because firms like Apple and Nvidia don't have their own factories.
這與製造世界並不是什麼不同的。富士康和台灣半導體是十億美元的公司,因為蘋果和Nvidia等公司沒有自己的工廠。
Similarly, ICON no longer needs to bear the high fixed costs and risks associated with running an entire blockchain.
同樣,圖標不再需要承擔與運行整個區塊鏈相關的高固定成本和風險。
“Maintaining a decentralized network with validators around the world is a huge undertaking,” Kim explained. “We have eight years of experience running our own Layer-1. It's tedious, costly, and very stressful. Outsourcing to Sonic allows us to focus on innovation and delivering products that people actually want.”
金解釋說:“與世界各地的驗證者保持分散的網絡是一項巨大的事業。” “我們有八年的經營經營自己的第1層的經驗。這是乏味,昂貴且非常壓力的。外包給Sonic,我們可以專注於創新和交付人們真正想要的產品。”
Kim also highlighted the risk reduction benefits, noting that ICON’s DeFi layer can remain unaffected by infrastructure issues at Sonic, creating a valuable risk separation.
Kim還強調了降低風險的收益,並指出Icon的Defi層可能不受Sonic的基礎設施問題的影響,從而創造出寶貴的風險分離。
“There's de-risking,” he explained. “If Sonic gets hacked, obviously it’s bad, but it’s not directly our fault. Sonic focuses solely on security and validator infrastructure, so we and other DeFi builders can focus on creating applications closer to end-users.”
他解釋說:“有疾病的風險。” “如果Sonic被黑客入侵,顯然這很糟糕,但這不是我們的錯。Sonic僅著眼於安全和驗證器基礎架構,因此我們和其他Defi構建者可以專注於更接近最終用戶的應用程序。”
The strategy comes as ICON seeks to reinvent itself amid diminished market influence. Once a top 20 cryptocurrency, ICON’s ICX token crashed nearly 99% from its all-time highs by late 2018, and has since not recovered, according to CoinGecko data, as investors moved toward platforms better able to capitalize on the rise of DeFi and NFTs.
該策略是因為偶像試圖在市場影響下減少的情況下重塑自己。 Coingecko Data稱,曾經是前20名加密貨幣,ICON的ICX代幣在2018年末越來越高99%,此後一直沒有恢復,因為投資者向平台邁進了能夠利用Defi和NFTS的崛起,而投資者可以更好地利用平台。
“Layer-1 infrastructure just doesn't make sense for most projects,” Kim argued. “Many underestimated the effort, the capital expenses involved. There's been a misguided premium investors placed on Layer-1 projects, thinking an ecosystem would naturally build itself. But that’s costly and rarely sustainable.”
金說:“對於大多數項目而言,第1層基礎架構並沒有意義。” “許多人低估了努力,所涉及的資本費用。在1層項目上有一個誤導的高級投資者,認為生態系統自然會建立自己。但這是昂貴且罕見的可持續性。”
Now rebranded as SODAX and focused on cross-chain liquidity products, the project is migrating ICX tokens to a new token, SODA. While Sonic and SODAX’s tokens remain distinct, Kim emphasized that Sonic’s fee-monetization mechanisms will channel transaction fees back to SODA holders.
現在,該項目將ICX令牌遷移到新的代幣蘇打水。儘管Sonic和Sodax的令牌仍然很明顯,但Kim強調,Sonic的收費機制將使交易費用回到蘇打持有人。
“Sonic allows 90% of transaction fees to flow back to SODA token holders,” Kim noted, underscoring the economic incentive of their strategic pivot.
金說:“ Sonic允許90%的交易費用回到蘇打式代幣持有人。”
Asked if this outsourcing model represents a broader trend, Kim predicted that many projects currently running Layer-1s will likely reconsider as market cycles shift.
當被問及該外包模型是否代表著更廣泛的趨勢時,Kim預測,隨著市場週期的變化,當前運行1層的許多項目可能會重新考慮。
“Ethereum and Solana are great examples as they’re fully focused on validators and network security," he said. "We’re at the forefront of reversing the trend of launching your own Layer-1s. It’s just not viable for most projects long-term.”
他說:“以太坊和索拉納是一個很好的例子,因為它們完全專注於驗證者和網絡安全。” “我們在推出自己的第1層趨勢的趨勢中處於最前沿。對於大多數項目而言,這是不可行的。”
As the era of premium valuations for proprietary Layer-1 platforms ends, more projects, Kim said, are going to just focus on the product and not the infrastructure with ICON – now SODAX – leading the way on this.
金說,隨著專有層1平台的高級估值時代的結束,更多的項目將只關注產品,而不是Icon的基礎架構(現在是Sodax)引領了這一目標。
“We’re going back to basics, lowering our costs, streamlining operations, and doubling down on what we originally wanted to do: put financial products directly into people’s hands.”
“我們要回到基礎知識,降低成本,簡化運營,並將我們最初想做的事情加倍:將金融產品直接投入人們手中。”
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