Hi guys, I noticed some projects use to burn their token after ICO or after listed on exchanges.
For Example. I got the news on No Bs CRYPTO (Nobs) burning their 75% of the total supply.
Proof link:
https://nobscrypto.com/blog/announcement-2018-10-16/What's the advantagess and disadvantages of burning the token?
To my best knowledge. Token burn is a means of reducing the total and circulating supply of the token, to help the value of the token increase in the market.