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Quote from: Drokzid on October 16, 2017, 10:11:18 AM

What will happen to unsold tokens which have not been sold during the ico phase?

Will those tokens be burned?

This is correct Drokzid. Unsold tokens will be destroyed.

why would they burned the tokens? If they can give all the tokens to all participants , that will be great instead of destroying the tokens.

Burning unsold tokens is just fair for all investors. It will help to keep up the value of the tokens.

Yeah I agree, if token will be burn then the value will be remain there will no zero value of it. So it will be fare in both party Wink

Is it a proof of burn algorithm basically making it a deflationary token? Or do i misunderstand it.

In this case, the burning of tokens is just a potential one-off event occurring at the end of the pre-ICO phase. Since it does not occur every year, it is not a deflationary token.

Ok thnx, sometimes these things are overly complicated makes it hard to understand the small differences between different algorithms and blockchains