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 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.Yes, because too many supply ( rest of coin ) than demand can make coin price go down. In this situation I agree with burning unsold token it will help coin rotation become more faster. I believe developer team have target and if reached they have enough fund to grow up their project, no need anything else. People with high skill and experience already prepare everything to face ICO risk. Don't worry about it, term and condition make to protect ICO system and users asset.