You will receive ETH to the address you sent your ICN from.
ICN token holders who choose to exchange their ICN tokens for ETH will receive ETH in four batches:
- Transactions from October 30, 2018 to approximately December 10, 2018 (so that the transfer of ICN on the Ethereum blockchain will be mined up to and including block number 6867000) will be included in the 1st batch of the exchange. The block number is due to be reached on approximately December 10, 2018 but cannot be precisely predicted (the current latest block can be seen at https://etherscan.io/blocks at the top the table). ETH will be sent to these ICN token holders' wallets no later than December 31, 2018 ("1st batch of first exchange period").
- Transactions from December 11, 2018 to approximately December 31, 2018 (so that the transfer of ICN on the Ethereum blockchain will be mined up to and including block number 6995000) will be included in the 2nd batch of the exchange. The block number is due to be reached on approximately December 31, 2018 but cannot be precisely predicted (the current latest block can be seen at https://etherscan.io/blocks at the top the table). ETH will be sent to these ICN token holders' wallets no later than January 15, 2019 ("2nd batch of first exchange period").
- Transactions from January 1, 2019 to June 30, 2019 will be included in the 3rd batch of the exchange. ETH will be sent to these ICN token holders' wallets no later than July 31, 2019.
- Transactions from July 1, 2019 to December 31, 2019 24:00 CET will be included in the 4th batch of the exchange. ETH will be sent to these ICN token holders' wallets no later than January 31, 2020.
Please find additional information regarding ICN for ETH exchange here.
IMPORTANT
The final round of exchanging ICN for ETH will end on December 31, 2019 at 24:00 CET. After December 31, 2019, exchange of ICN tokens for ETH using steps described here will no longer be possible. All ICN token holders who will still have ICN tokens on the ICONOMI platform after December 31, 2019 will have the option to convert to ETH at the exchange rate valid at that time by contacting our Support until February 29, 2020.
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