Hello friends, lot of ICOs failes to achieve 100% sale in their crowdsale. Most of the ICOs mentions in their terms and conditions that unsold tokens will be burned. My question is very simple " Is burning of token really helps ptoject?
". I am of the view that burning of the token doesn't help the project and I feel instead of burning unsold token it's better to use them for community and project development.
I don't understand how it works, but it really does. I've seen price increases several times after burning tokens. ". I am of the view that burning of the token doesn't help the project and I feel instead of burning unsold token it's better to use them for community and project development.You are wrong, these tokens cannot be used because they give the team the ability to manipulate the course. Maybe this is the reason for the increase in prices after burning?