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Review on ICON by William Lake
ICON’s blockchain has spread all over South Korea, one of the major leaders…
ICON’s blockchain has spread all over South Korea, one of the major leaders behind the cryptyo market and a good indicator of any coin’s acceptance in the cryptoworld at large. As a result, many users are waiting to see whether it will be adopted in other markets and its value rise significantly.
Pros
- Although the feature is ready in the ICONex wallet, it is not yet ready in all of the exchanges and will be postponed until it is available in all exchanges. The announcement of the Token Swap will be made through ICON’s social networking channels and company blog.
Cons
- The Token Swap will give those holding ICX tokens the option to exchange their tokens with mainnet ICX coins. Each ERC20 ICX token will be worth one mainnet ICX coin. The ERC20 ICX tokens traded will be burned to prevent further use. Those who do not participate will not be able to use the tokens once the Token Swap is over.
