Post
Topic
Board Announcements (Altcoins)
Re: [ANN][PRE-ICO] 💠NVA NETWORK💠 - Decentralized compliance | 💠A new paradigm💠
by
deriel
on 09/04/2018, 18:44:02 UTC

Explain  pls such a question. What you wanna do with unsold tokens after the ICO?


Unsold token will be burned.

Moreover, we want to clarify one thing: token is mintable, that means that unsold tokens will not be issued at all.

This is much better for investors than burning the token after the sale...

Why? Because a greedy ICO admin can simply lie and tell you that he sold everything. Then still keeping the unsold tokens for himself.

In such ways, using a mintable token, there is no way that we can retain unsold token for us.

So, unsold tokens will not be even issued at all= burned immediately.

We will update our whitepaper with this information, because we received many enqueries concerning that in the past days.