We can do this because we are fudning our platform through a token sale supported by the revenue generating mechanisms within the platform such as purchasing support services and the Acron Marketplace.
Please tell us more about the mechanisms of income generation. I'm interested in what will increase the value of the token in the future. What is the profit for the investor?
the growth of prices in the free market is possible. In addition, it is possible to provide a mechanism for gradually reducing the number of tokens in circulation.
One of such mechanism is POS/POW but for this requires its own blockchain... Or freeze a part of the tokens but this should be spelled out in whitepaper if they plan to do this
I think that burning unsold tokens is the only one way
In WP team says that if they havn't sold all tokens then Acorn will make another ICO round for full sale. Not burn. But team part 16% will be frozen on 1-2 years. Good step!
The ritual of burning unsold tokens after ICO well contribute to the price of a token. When should marketing activities and product development according to its plans and roadmap. After the explosive summer of 2017, many people began to look more closely at the projects, teams, and including, the size of the share of the team and unsold tokens.
I agree, unsold tokens procedure have great impact on tokens value in common, I just hope the team will choose the right marketing way to do it if burning occurs finally and do it maybe when Acorn already hits exchanges. All ICO participants will be satisfied as well to my mind.