ICON is of the best blokchain project, It has deep funding and government support. They're also working on bringing mainstream adoption through various partnerships and projects like my-ID.
When and how this project were funding by government? And whats relation this has to coin value? They can make fiat business, but in fact coins have no value
They're not funded by government but has some support, Various private people/companies are providing for financial requirements. South Korea has plans to invest over $380 million in blockhain R&D, I think this will be beneficial to ICON.