Ninjastic
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Board Tokens (Altcoins)
Re: ⚡⚡🚀[ANN][ICO] DEVELOPEO (DEVX) - 4TH INDUSTRIAL REVOLUTION - OPEN SOURCE 🚀⚡⚡
by
ibininja
on 15/03/2018, 11:26:39 UTC
Quote from: -DEVX- on March 15, 2018, 04:10:56 AM
Quote from: Sozialtourist on March 14, 2018, 07:10:47 PM
Quote from: Gunny95 on March 14, 2018, 06:34:07 PM
What will happen with the unsold tokens? will they be burned or not even minted in the first place?

Good question. I didn't find anything about it in their Whitepaper and there is also no answer on Telegram, yet. I just hope that unsold tokens will be burned and not used for a second round of an ICO like other projects do.

They will be not minted. Smiley

We don't believe in burning. It is not the safest way for the investors of the ICO projects.

I think "not minting/minting" must be the way for all ICO's. More professional and safe for investors.

All the best
Aytunc
Developeo CEO

I think in many occassions the burning would be to ensure successful ICO; so basically when a minimum is reached whatever is raised afterwards would be burned. Unlike when you set a hard cap and you close your sale around the hard cap. I understand your point of view but might disagree in that burning is not safe (assuming the developers stick to their word and actually provide proof of burn).