Post
Topic
Board Announcements (Altcoins)
Re: [IEO] Hiway - Platform Explanation & IEO Announcement
by
Anilbg
on 25/06/2019, 11:00:21 UTC
Someone asked about Hiway unsold tokens. I think they’ll be distributed in percentage to anyone who participated in the tokensales.

Is this true? I thought unsold tokens will be burnt as like other projects. What is the necessity to go for high liquidity?

The team hasn't given any update as regards how the excess tokens would be disbursed, but they would certainly not distribute it to the participants of the tokensale. At best it would be burnt to increase the value of the tokens.

Token burn has been the norm with tokens left after token sales. It’s preferable since it leaves less tokens in circulation and more value to available tokens

Right. All of the ICOs /project burn the unsold tokens. And that's the right way to do it. No point in giving additional tokens to the investors.