Re: 🔥🚀[ANN] [ICO] Tachain - Entertainment and Transportation Synergy🔥🚀

I've heard that all tokens that will not be sold in the ICO process will be destroyed, is that true? Is this step aimed at supporting the price of the token?

I'm pretty sure Tachain are doing a burn process yes. To be fair, it's pretty standard procedures in ICO's these days to burn the unsold tokens

Ya almost all projects burn the tokens its a pretty standardized process by now I dont think projects even take the time to mention it lately lol

Haha yup I have to say I'm seeing less and less projects mention the burning process, once upon a time it was always made as a pretty big deal but now as you say, pretty standardised

Yes. Somewhat more of a normal routine for every ico who can't sell all its token. There is zero effect on the market this days when they mention token burn.

That's the problem for ICO's these days. Last year, every shit project was hyped and every small news had a big effect. This year some good ICO's have problems to reach the softcap.