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.
In my simple opinion, burning of tokens will lessen the supply thus making the token's value to go high. I have seen this in situation wherein they burned token and later the token's price appreciate. Just don't know if it is applicable to all situation.". 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.