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.

however, if the tokens do not burn, in the future, this can lead to the fact that their value will not be so high that it could be without it

But will it have such a big impact on the price that projects should be worried about?

I don't think there's really something that need to worry about it. The core team won't make any decisions that would greatly affect the value of our token. Please, stay tuned for more info!

Best Regards,

MaZeeCM