2018-6-20 07:46 |
ICON sold 50 percent of its ICX token supply for the idea in a sale last September, raising 150,000 ETH worth around $42,750,000.
The project launched its blockchain in January this year, and according to CoinMarketCap, it has a collective market capitalization of about $800 million.
Once ethereum tokens are swapped for ICX coins, the fundraising tokens will be burnt, with those that don’t make the swap being locked once the swap period ends.
(ICON has not yet indicated how token holders can track the progress of the swap.)
Unlike other projects, such as EOS, ICON opted to conduct its token swap after its mainnet launch.
Similar to Notcoin - Blum - Airdrops In 2024