ICN token holders who choose to exchange their ICN tokens for ETH in the first round will receive ETH in two batches:
- ETH will be distributed at an ETH to ICN exchange rate of 0.0019 ETH (zero point zero zero one nine ETH) for 1 ICN
- 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 first 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 ("first 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 a predefined block number; the the exact block number will be publicly announced after December 10, 2018 and no later than December 14, 2018) will be included in the second 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 ("second batch of first exchange period").
You will receive ETH to the address you sent your ICN from.
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