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
With tokens been burned it helps to prevent dumping and as you have said with this way it adds value to the available circulated tokens
but the team has said All the remaining,unsold tokens will be divided among people who have purchased them..so some extra % in the future but currently exact percentage they have not decided may b in coming days will get updates
I personally didn't see that update, please where was the update given, was it on telegram or this thread, because I can't remember seeing such anywhere. If the team sees that as a good option for the project, then that's cool.
well yes it was on telegram,where i have raised the question regarding unsold token despite of seeing people discussing about burning token I myself couldnt find those answers anywhere so here is the link