Post
Topic
Board Altcoin Discussion
Re: Is burning of unsold tokens is good for ICO????
by
republicrypto
on 23/07/2018, 00:36:04 UTC
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?Huh". 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 opinion, burning unsold token can be one from many ways to increase the token value,,
why,?
because burning unsold token is same as the project reduce the token supply, and this will make new demands with the token,
but, i see everyone here has a different view about this burning actions
regards