2018-6-20 13:36 |
The countdown has begun for smart contracts protocol ICON’s June 20 token swap.
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.
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.
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