Someone asked about Hiway unsold tokens. I think theyll 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. Its 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.
As much as I understand what you mean, it will interest you to know that token burn does not always increase the value of a token. Although it is supposed to, but I have seen projects which didn't increase in value after the burn, the best some even do is increase value in the days leading to the day of token burn.
The trading value of a project is derived from dividing the coin market with the total tokens in circulation, this implies that the value of the tokens would directly increase if more tokens are burnt and documented.