Post
Topic
Board Tokens (Altcoins)
Re: [ANN] [ICO] DEBITUM NETWORK - Borderless SME business funding ecosystem
by
Debitum
on 05/11/2017, 05:44:26 UTC
Does anyone know what will happen with the tokens that wont be sold?

I hope that the tokens that are not sold are burned. the remains are more valuable when burned.

It is described in TGE document (https://www.debitum.network/whitepaper) and we provided another answer just a couple of messages ago - the unsold tokens will be moved to Reserve.

Our Debitum Token is a utility token, hence it can't be burned. If tokens would be burned, they should be considered securities. We do not want our utility token to be considered a security!

We have designed the token to be used for utility value (pay for services, use to deploy trust smart contract) and toll value (freeze tokens as a guarantee for service fulfillment in the future).