Re: ⚡⚡🚀[ANN][ICO] DEVELOPEO (DEVX) - 4TH INDUSTRIAL REVOLUTION

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.

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).

Unfortunately, there are both good and bad sides of the ICO's, as regulations are very shallow right now. We are not supporting regulations that much but still when there is an investment, if investors need to "assume", this is already a risk.

I totally understand you, but what happens to your investments if they say they will burn but not burn it?

With minting, you are already pre-burning actually. Hardcap is still there, but if the hardcap is not reached, contract is not even minting the unsolds, so, there is already no need for burning and assumptions or trust.

From the marketing side of things, you are to look out for what will boost investors confidence and consumer interest, regulations and burning fulfill this needs and should be reconsidered and look into properly, this project affects a vast majority of people in the blockchain ecosystem since we are dealing with developers themselves