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?
". 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 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.it seems that you do not understand that those tokens have no absolute value or even similar value to fiat, which stays relatively stable .
If they do burn the tokens, the token value becomes less because there are more of them, thats it.
If you make more tokens it does not means that they value is the same. lol