Quote from: Saint1990 on July 18, 2018, 10:44:36 AM

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.

I think that the ICO project burns unsold tokens, which helps to maintain the value of the token, rather than flooding it, causing the price of the currency to plummet.
In the RIPAEXA project in August, the team burned 5 million XPX tokens to ensure that the participating investors made a profit. Now the project is still in the crowdfunding stage.
https://tec.ripaex.io/