Re: [ANN][ID] EVEREST - Elevating Humanity

Hello, what will happen with the unsold tokens? Will they be used later? Or do you dispose of them as something?

The unsold tokens will be included into our company's reserve which will be later be attributed to product development, marketing, operations and other necessities to drive the project forward.

Why not burn them? It seems like everybody does that.

In our POV, that's just wasted capital which can be either re-purposed towards product development, marketing, or even getting back to the community.

To me that always made more sense, but other projects burn them for some reason.

There were some misuse cases in the past,so now most teams opt for burning.But if its eveythiong done transparently,no need to burn them really,as you can use them for so many things later on.

There's a recent article in the news about burning unsold tokens/coins. The experience of other projects were favorable as the value of the crypto immediately rises upon the news of the burning.