Post
Topic
Board Altcoin Discussion
Re: Is burning of unsold tokens is good for ICO????
by
An0nyMoose
on 15/08/2018, 13:08:15 UTC
It can be good for the ICO as the burning of the unsold tokens means that the volume of the coins in circulation is reduced after the tokens are burned. This way they ensure that the unsold tokens are gone forever and the tokens in circulation are the ones that are being used by the investors. I think it is a good move when ICO burns out the unsold tokens, good for the coin and the project.