Re: ⚡ [ANN] ⚡ TriForce Tokens Gaming ⚡ [ICO Escrowed] 🚀 Industry Partnerships 🚀

Good evening, team and community of the bitcoibtalk forum@ my congratulations on reaching the soft cap. I have a question here: what is going to happen if you don't reach the hard cap? Will it change anything? Your plans? And what are you going to do with the unsold tokens?

I think they just burn unsold tokens and will develop the platform

Why would they burn the unsold tokens? I know it's common, but why is it done this way?

Tokens are usually burnt as a way to protect the value of those tokens that are sold during ICO phase.There were cases where teams were just dumping all the unsold tokens on the market,basically ruining the price.

Thanks for an example for this. I was also wondering the same thing. I thought they might redirect the unsold tokens to some other purpose, like bonuses for beta testers or sth.

Sometimes they do that too,but burning is most popular way to deal with unsold tokens lately.

Yes, it very popular, but seems like waste of tokens.

I guess burning unsold tokens is just most convenient thing for developers to do,and seems like people even like it,as they think all devs will use those unsold tokens to buy lambos.