Yes. All unsold coins will be burned to increase value and confidence in HeelCoin.
Crowdsale does not burn them directly but we will post the burn information here.
Correction and clarification on the ICO rules:
We are keeping the coin supply numbers manageable and easier to understand with a proportionate ICO. This means ALL of the 5M premined coins are available for sale to everyone who purchases coins. All of the coins will be distributed proportionately to those who buy coins during the presale so there will be 5M coins in distribution regardless of sellout status.
However, in the interest of fairness, maintaining confidence in our efforts and consistency with our announcements we will still be maintaining our stance on unsold coins being burned.
Currently all 5M premined coins are staking interest during the ICO. Upon completion of the distribution of HeelCoins to ICO buyers any additional HEELs that have been generated during this time will be burned. This is to maintain the value of the coins purchased during the distribution and to alleviate concerns of any post ICO dumping of held coins.
You will be happy with some of our upcoming announcements
