2018-6-20 05:27 |
ICON sold 50 percent of its ICX token supply in a pre-sale last September, raising 150,000 ETH worth around $42,750,000 at the time.
The project launched its blockchain in January this year, and according to CoinMarketCap, ICON’s token has a collective market capitalization of about $800 million.
The token swap will be implemented at an exchange rate of 1:1 (1 ethereum ICX token for 1 mainnet ICX coin) via the ICONex wallet from June to September 25, as well as through supporting exchanges.
ICON has not yet indicated how token holders can track the progress of the token migration.
Unlike other projects, such as EOS, ICON opted to conduct its token swap after its mainnet launch.
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