Post
Topic
Board Altcoin Discussion
Re: Is burning of unsold tokens is good for ICO????
by
Genjik
on 28/07/2018, 10:17:44 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.
if the token is burned, it does not always increase the financial, if it fails may cause a lot, dev can not compete with other coins, there could be a separate problem