ICOS platform update: There have been 591,617 ICOS tokens issued to date; 508,687 are in circulation; 51,730 of them are in frozen mode; and 31,200 ICOS tokens have been destroyed.
ICOS program is a way for promising but underfunded projects to receive ICOBox's tools and assistance in conducting their ICOs. Any project is welcome to apply. ICOBox prescreens the applicants but the final selection of candidates for an ICO covered through ICOS program is made by the vote of ICOS token holders. In exchange for the ICOBox's services the new project makes its future tokens available to ICOS token holders. These tokens are to be placed on icos.icobox.io platform, and ICOS token holders can exchange their ICOS tokens for the new tokens. The exchange value per one ICOS token is set at 0.04 BTC, which means that every ICOS token can be exchanged for the relevant number of the new projects' tokens placed on ICOS platform and worth 0.04 BTC at presale prices.