Similar to the exchange of ICN tokens for Securities of ICONOMI AG, the exchange of ICN tokens for ETH will be done in multiple rounds.
- 1st Round: October 30, 2018–December 31, 2018
- 2nd Round: January 1, 2019–June 30, 2019
- 3rd Round: July 1, 2019-December 31, 2019
ICN token holders who choose to exchange their ICN tokens for ETH will receive ETH in four batches.
If you do not want to exchange your ICN tokens for eICN security tokens, you can exchange your ICN for ETH at these rates:
- 1 ICN : 0.00190 ETH (October 30, 2018–December 31, 2018)
- 1 ICN : 0.00165 ETH (January 1, 2019–January 31, 2019)
- 1 ICN : 0.00125 ETH (from February 1, 2019)
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.