ICON Pinas: December 2020 Transparency Report

Hello ICONists!

2020 is now in the books and this past December was our busiest and most productive month to date for ICON Pinas. Let’s dive right into it!

ICON Pinas Quick Recap

✅ Featured guest on CoinValue Community AMA.

✅ Hosted DAOcolors Game Night Q&A event.

✅ Attended Donation Drive charity event.

✅ Hosted Have a Marvelous Christmas! design contest.

✅ Hosted ICON KABOG! event on Telegram (2x/week).

✅ Hosted ICX News Ngayon Quiz Time on Facebook (1x/week).

✅ Progressing the ICON Pinas Merch Store website.

✅ Increased followers on Telegram from 6,923 to 7,857.

✅ Increased subscribers on YouTube from 1,867 to 2,220.

✅ Published 7 full videos on YouTube.

✅ Increased followers on Twitter from 3,203 to 3,251.

✅ Published 1 article on Medium.

✅ Ran several Bring Me An ICONista! marketing events.

✅ Ran several Giveaway marketing events.

Featured AMAs

DAOcolors AMA

The DAOcolors AMA took place on the ICON Pinas Telegram chat, with a total prize pool of 500 ICX rewarded to community members.

This was a wonderful way to start sharing DAOcolors with our local community members.

Thanks so much to @Geo_Dude and @shikamarumind for their time and for sponsoring this AMA event!

CoinValue Community AMA

The topics of focus during this AMA event were ICON and also DAOcolors.

Upon completion of this AMA, the response we received from community members attending was generally very positive.

As always, we’re looking forward to participating in even more AMA events in the future to help further promote ICON to more and more communities out there.

Featured Events

DAOcolors Game Night Q&A

Participants had an opportunity to ask questions about DAOcolors and also the chance to win an additional 200 ICX in prizes.

Many thanks again to @Geo_Dude for sponsoring this event!

Donation Drive

Words can’t express how thankful and appreciative our entire community is to the many volunteers who helped donate to this wonderful initiative. Special shout out goes to: ICONbet developers and community, ICON Pinas community, ICONists, and more!

With your generosity and support, we were able to provide relief goods to 200 families!

And an additional special shout out to the following ICON Pinas community members who volunteered their time and were able to make it out to the event!

Together, we can indeed make a difference!

Have a Marvelous Christmas! Design Contest

Have a #MarvelousChristmas

ICONists were encouraged to submit their own unique Marvelous designs on Twitter, with winners getting rewarded ICX tokens so that they could send the gift of Marvelous to their family and friends, just in time for Christmas (while also winning some ICX for themselves too)!

Congrats to all the winners!

Total prize pool was 500 ICX.


Here are some agendas for a few ICON KABOG! events that took place in December, with two special events featuring DAOcolors on December 6 and December 7:

ICON KABOG! in December 2020: 1/2
ICON KABOG! in December 2020: 2/2

ICON KABOG! has become a featured event and core staple each week for the ICON Pinas community, doing much to help us build camaraderie and boost engagement from active users on Telegram.

Our team remains excited and is very much looking forward to hosting many more ICON KABOG! events in the future. Moving forward from here, we’ll continue looking for new ideas and ways to spice up ICON KABOG! to keep it fresh and interesting for all community members.

ICX News Ngayon Quiz Time

Each week, there is a quiz (5 multiple choice questions) on the latest episode of ICX News Ngayon, and a reward of 100 PHP via load (or ICX tokens) is rewarded to community members who are able to answer all the questions correctly.

Here are some examples of the questions asked for ICX News Ngayon Quiz Time, which took place in December:

ICX News Ngayon Quiz Time Winners in December 2020

Boosting engagement on Facebook is important to our long-term goals on this social media platform, and ICX News Ngayon Quiz Time is proving to be an important piece in helping us to solve that challenging puzzle.

Social Media

Telegram Growth

YouTube Growth

YouTube Educational Videos

The videos listed above were also uploaded onto the ICON Pinas Facebook page.

Twitter Growth

Medium Educational Articles

Instagram Growth

Perhaps surprisingly, thanks to our in-person Donation Drive event, the ICON Pinas actually had an opportunity to update our Instagram this month with some fresh photos.

We definitely are looking forward to the day when we can go outside, interact with people, and share many more fun photos with ICONists. Until then, Instagram growth remains more of a long-term plan for us at ICON Pinas.

Facebook Growth

Similar to the past few months, our team has not been active with FB marketing ads, as our focus has shifted elsewhere, prioritizing other approaches for growth (e.g., merch craze events, giveaways on Twitter, stronger focus on Telegram and YouTube growth, etc.). Our lessened marketing activity on FB explains the decrease in both the number of likes and followers this month on the ICON Pinas page.

We do feel that having an active presence on Facebook is important, but in terms of marketing budget, at this time, we remain confident that concentrating our spending and efforts on some of the other social media platforms continues to be the right move.

Marketing Campaigns

ICON Pinas Merchandise

We are making efforts to boost our brand awareness, both in the digital world, as well as the real world.

The winners of last month’s ICON Pinas Merch Craze! event were sent their t-shirts, just in time for Christmas!

And many more…

Thank you so much to everyone who participated and shared pics with our community!

Bring Me An ICONista!

You never know who you’ll get with these type of events (results can be a mixed bag at times), but we still think it’s worth the effort to host them since gaining high quality members is so invaluable.

At this stage, it also should go without saying just how important we feel it is to attract new users into our Telegram chat — This is the social media platform where our team and community are most active and engaged.


Here are some giveaway examples from December:

Efforts are made to form strong friendships and bonds by offering free promotions to other giveaway hosts and Twitter community members.

And as always, we are open to trying out new ideas and approaches so that we can keep on growing ICON.

Merch Store

Here is a preview of the home page:

Home page

Here is a preview of the shop section:

Shop section

At the conclusion of the month, our team has shifted focus on testing & debugging payment solutions. We anticipate needing an additional 1–2 months to complete the website.


Again, many thanks to ICON Foundation for all their support, because without their help and support, none of what we achieved to date would have been possible!

Also, many thanks to our voters who continue to support us through the ups and downs! Your loyalty means more to us than you know!

Total monthly expenses in December included the following:

  • Merchandise (materials, printing, shipping) = 22,721 PHP (~473 USD)
  • Marketing, events, and community tips = 94,465 PHP (~1,967 USD)
  • Node and infrastructure support = 36,105 PHP (~750 USD)
  • Productivity Software and tools = 9,272 PHP (~193 USD)
  • Business, Legal, Consultation services = 8,336 PHP (~174 USD)
  • Donation Drive = 39,374 PHP (~820 USD)

For a subtotal of: 4,377 USD

Our team continued printing + shipping a lot of ICON Pinas t-shirts this month, to both staff and community members. We are hoping this effort will help us better market and promote ICON in the real world.

As shared earlier, there were many events that took place this month coinciding with the release of DAOcolors, and we are most thankful to ICONbet Community and @Geo_Dude for helping to sponsor these activities.

Salaries (and Christmas bonuses) paid out in December included the following:

  • Core-team total staff wages = 50,751 PHP (~1,057 USD)

For a subtotal of: 1,057 USD

With all that being said, our team is long ICX tokens (we truly do believe in ICON), and we try our best not to sell any of our own personal holdings on exchanges/market, as much as possible. Outside of selling ICX tokens to pay for necessary services and staff salaries, any remaining rewards accrued (i.e., income earned via ICX tokens) were staked.

P-Rep Ranking

ICON Pinas Ranking

At month’s end, ICON Pinas has racked up 5,567,484 votes (an increase from 4,798,767 votes, previously).

Similar to past months, at this time, we would really like to say THANK YOU and give a special shout out to our voters — We owe a deep gratitude for your trust and confidence in our team!

Please note: 1,000,000 of our votes in December came courtesy of ICON Foundation, via grant approval, which we are ALWAYS most humbled and grateful to have received.

We sincerely hope that after reporting this month’s transparency report, ICONists will agree that we’ve been a very productive P-Rep team that is well-deserving of all votes we’ve received to date.

ICON Pinas is most passionate about ICON (this is the ONLY blockchain project we focus on!) and we are dedicated to working as hard as we possibly can to help accelerate growth and mainstream adoption.

Thanks for reading. Salamat po!

You can learn more about ICON Pinas by following us here:

Telegram: https://t.me/icon_pinas

Twitter: https://twitter.com/IconPinas

Facebook: https://www.facebook.com/IconPinas/

YouTube: https://www.youtube.com/channel/UCqkwvlG2636SqqtjOYAxOhQ

Instagram: https://www.instagram.com/iconpinas

Medium: https://medium.com/@iconpinas

Disclaimer: Cryptocurrencies, are EXTREMELY volatile! These assets are also very speculative in nature, and no one should ever buy any without first conducting their own thorough research + due diligence. Never put any more capital at risk than you can comfortably afford to lose all of!

As ALWAYS, proceed most carefully, and if you have any questions, please consult a professional financial advisor.

A P-Rep from 🇵🇭 representing the ICON Project. To learn more about ICON, please visit: https://icon.foundation/?lang=en