Ninjastic
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Board Announcements (Altcoins)
Re: [ICO][PRE-ANN] PRISM - PrismChain, A Blockchain Environment - CROWDSALE LIVE
by
Crypt1x
on 26/03/2016, 20:44:06 UTC
Quote from: Darkoth89 on March 26, 2016, 07:29:07 PM
Quote from: cryptoheadd on March 26, 2016, 06:57:33 PM
Quote from: PrismRevolution on March 26, 2016, 12:23:13 PM
Quote from: Darkoth89 on March 26, 2016, 11:59:00 AM
Nice, looks like the total is upto 73 BTC now.  What happens to the unsold tokens, do they get destroyed?

Yes the actual plan is to destroy unsold tokens and make unspendable.

A better solution is that we will update the total supply on the code based on the final amount of tokens sold, so that no coins will exist over the exact amount of coins effectively sold.
We also know that a good way to distribute the coin would be split the unsold coins through actual investors. This will reward more our supporters to thanks for the trust.

What you think about this solution instead?



I'd prefer if you split the undistributed ones among the existing investors.

+1 to that.

Agreed. Burning coins will lower the coin supply that is already at "low levels" of 30 millions. With a good price of around 10k x PRM, PRISM can get a decent market cap and so attract a lot of new investors and users. (in invested some here so i would like to have this kind of distribution of course Cheesy Cheesy )