Post
Topic
Board Announcements (Altcoins)
Re: 💜[ANN][LIVE] Aidcoin Bringing Nonprofits to Blockchain. Token for Charities 💜
by
AidCoin
on 04/12/2017, 23:58:39 UTC
So what happens to any unsold tokens?

Tokens are minted when ETH are sent to the smart contract, therefore unsold tokens are actually non created.

Oh wow, so they're made on a need basis only? Don't think I've seen this before.

This would really help with inflation, right?

Basically the result is as if the unsold tokens would have been burned, so less circulating supply.

Which means more value per token. Any other practical effects?

The value of the token is actually the same, whereas market cap is lower given less circulating supply.

Quote from: I must be confused. If you make more tokens for the same market cap, would that not decrease the value per token? I'm saying since you're only making as many as you're selling, the value per token is obvious. But if you stored twice as many tokens as was sold for other uses, wouldn't that reduce the value of each token by half?

The value of the tokens will not reduce.Take a look at this analysis Market cap = circulating supply x token price
If you have a lower circulating supply, token price is the same (you set it arbitrary during ico) whereas market cap will decrease.