@Timelord2067 - We are doing an ICO for a new platform...so if we do the swap as you suggest, then we have nothing left to sell..the idea for the ICO is to raise money as a venture fund to fund up to 500 startups that will build products on top of the Tag Blockchain. And you are right, I am NOT interested in buying old TagCoin, I am interested in bringing the TAG holders into the new platform, as you can do a lot more with it there. And for the next 10 years, the new TAG Blockchain will effectively have an option to do traditional mining for the new chain.
We will be doing a 1 tagCoin to 1 TAG Token swap - we are burning it for something potentially more valuable. The price at the ICO start will be 20 cents (10 pesos), so that will raise the price up of TagCoin. Of course you are welcome to keep the old Tagcoin, this is just an offer we will be making for the next 10 years. If I didn't do it, then TagCoin would effectively not go anywhere.
There is more utility on the new chain, including decentralized trading against other tokens or Fiat money, as well as writing more data, and well..more that you can build with it.
@Dabs - Escrow not really needed..we will create a script so that it accepts it, burns it and then issues new TAG Tokens to an address you give, with proof of burn transaction ID and address recorded on the TAG Blockchain. Saying all that, you are welcome to do escrow, but the old TagCoins must be burned with proof of burn so we can issue them on new chain
@Funnymyth - you can run nodes for building explorers, apps, wallets..or just as the command line usage...but the admin and mining nodes will go to larger investors in TAG on the ICO, or later if user amass enough TAG..we are setting that as 100k USD for a masternode in this case..that masternode address will then have admin and mining rights. Any future changes to the chain must be agreed by 75% of the admin/miner masternodes. You can see those settings on the explorer at
http://tag.tagcash.com