Ninjastic
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Board Announcements (Altcoins)
Re: [IEO] Hiway - Platform Explanation & IEO Announcement
by
charlop24
on 25/06/2019, 18:46:05 UTC
Quote from: Getadaaa on June 25, 2019, 09:58:40 AM
Quote from: nwosuchristabe2 on June 25, 2019, 09:23:09 AM
Quote from: ganeshramk on June 24, 2019, 07:00:16 PM
Quote from: ning_aric on June 23, 2019, 08:12:22 PM
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

I was thinking same, but I learnt that the team are saying something else. In the sense that the excess tokens would be distributed to the investors in a later to be disclosed percentage. I know distributions of this nature would bring diverse reactions.