Token holders will be able to sell their ICN tokens on exchanges. If trading on exchanges stops, ICONOMI will take over and buy ICN tokens from token holders in exchange for ETH at an exchange rate set at 0.0019 ETH for 1 ICN, but not before November 1, 2018. This exchange rate is set on the basis of the average exchange price of the ICN token to ETH in the…
…hat nobody holds your crypto — not you, not centralized exchanges, not banks or other institutions. Or more accurately, everybody holds your cryptocurrencies, because they only exist as entries in distributed ledgers, a copy of which is maintained by every node on a network.
For example, traditional (corporate) governance; “benevolent dictatorship” (charismatic founder or core developer); technocracy (rule of technologists); plutocracy (governance connected to coin/token holdings); in the future, more experimental systems such as holacracy (off-chain), liquid democracy (on-chain), futarchy (use of prediction markets in determining policies that deliver on collectively agreed upon performance metrics); quadratic voting (each additional vote becomes increasingly expensive to the voter), etc.
Because I don’t approach the craft as a marketer, I am able to put the reader first. My entire philosophy behind attracting attention online is based on respecting the reader’s time—something most companies and industry professionals either don’t consider, or aren’t sure how to effectively execute.