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The Coin Governance System (CGS) is an on-chain governance mechanism to protect ICO investors from scams and bad execution. 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 aren’t satisfied by the project’s 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.

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