Who is ICP Reboot?ICP Reboot is a community-driven project to right the wrongs committed by dfinity's leadership. After experiencing significant deception, immense frustration, and a lack of communication from dfinity, we are launching things the right way: ICP Reboot.
ICP Reboot is announcing the official release of a new token (ICPR) that is initially issued on the Ethereum blockchain with the intention to transition to a new network when the main-net is ready. ICPR will be first represented as a standard and audited ERC20 token, with EIP2612 permit (EIP712 signed approvals) functionality to ease the integration of the token with the rest of the protocol and the ecosystem. This token release has been brought to fruition with goals in mind to bring justice to the mistreated ICP community through a fair distribution and reallocation of tokens that had been unfairly vested by the dfinity foundation.
Coin Specs- There will be 470 million ERC20 tokens minted and governed by the ICP Reboot DAO
- These tokens will be governed by a 6/9 Multi-Sig
We in the ICP Reboot community are well aware of the mishandling and mismanagement of early contributors and seed investors who have put their trust in the toolset offered by dfinity.org, thus lost access to their original key material and backups. We are committed to set a compliant and transparent process of analyzing such cases and reallocate contributor allocations via the DAO. Additionally, according to their original ICP allocations, ICPR tokens will initially be distributed to dfinity early contributors and seed investors who have been unfairly denied their tokens by the foundation. The distribution will allow contributors to claim their fully vested allocations without any additional locking or vesting schedule.
How the token works During the first phases, the ICPR token might be subjected to a DAO governed and audited inflation to support any additional community claimed incentive programs to support early adopters of the network (such as staking, liquidity provision, etc.). Initially, the DAO will govern this capability, but eventually, it will be renounced and delegated to the staking incentives smart contract.
Contact us:
Hello@icpr.ioThe token is live here:
https://etherscan.io/address/0x2eb007970aaf70d4a9ea485e1795fa9355a8c0f2Join us on twitter @
https://twitter.com/IcpRebootWebsite Link:
Icpr.io
