Post
Topic
Board Tokens (Altcoins)
Re: [ANN] [PreICO] CoinFi - The Bloomberg Terminal For Cryptocurrency
by
coinfi
on 13/12/2017, 04:48:30 UTC
What will you do with tokens which are not sold on ICO?

Unsold tokens will be returned to the CoinFi foundation and used to seed & grow the platform.

Some members of our community have asked why we don't just burn unsold tokens, which is a very valid question. The answer is that we considered this issue very carefully and ultimately, the point of burning unsold tokens is to protect token holder value. We believe that returning tokens to the foundation and using those tokens to incentivize more research, analysis, signals etc. will provide better overall value for the COFI ecosystem to than burning them would.

Does the risk of decreasing the price of tokens after ICO exist?

In any market, there are always macro risk factors that can affect price. However, in considering our token sale structure, we've carefully looked at other tokens that tanked post-ICO and engineered our token structure to avoid those same pitfalls. We believe we've done everything in our power to minimize the risk of a price decrease post-ICO, but are happy to answer questions about specific risk factors you might still have concerns about.