So this Coin Governance System will act like an Escrow that could protect any investors of an ICO to get avoided from being scammed by project?
Hi
The CGS holds the funds raised during an ICO in an escrow smart contract and releases it gradually to the ICO launcher.
If ICO investors arent satisfied by the projects progress, they can submit a claim to the Coin Governance System which could lead to the withdrawal of the remaining funds if the CGS arbiter community believes the claim is rightful.
For a deeper description of the process, please also have a read
here