Re: [PRESALE] Jarvis - Hybrid multi-asset exchange | DApp browser | Revenue token
As I see they burned 36,4 million unsold tokens from the private sale, lowering the total supply of JRT to 383M tokens.
And they going to use part of exchange revenue (after launch) to buy JRT on the open market, and will then burn them. This looks like very good, as value of tokens will be increasing
https://medium.com/jarvis-edge/token-burning-in-jarvis-why-and-how-we-will-use-token-burns-2f5f45bc0455
It looks very good for the holders of this token. If they really do what they plan in the future, then this is quite promising. Especially the ransom in the market and burning.And they going to use part of exchange revenue (after launch) to buy JRT on the open market, and will then burn them. This looks like very good, as value of tokens will be increasing
https://medium.com/jarvis-edge/token-burning-in-jarvis-why-and-how-we-will-use-token-burns-2f5f45bc0455
If exchange will become popular token burning every month or quarter will be giving good value for tokens. For example Eidoo burning tokens as well.
Binance burned a million of their tokens as well and if you do it regularly the value of the tokens will increase.