Starting on November 1, 2018, eligible ICN token holders can choose either to opt into becoming shareholders of a new joint-stock company that will be tokenized with eICN tokens, or to exchange their ICN tokens for ETH;
The first phase of the transformation will end on December 31, 2018, with the tokenization process starting in Q1 2019;
ETH will take the place of the ICN token’s utility on the ICONOMI platform (e.g. fees paid by DAA managers).