Post
Topic
Board Announcements (Altcoins)
Re: [ANN] BCNEX | The Ultimate Blockchain Trading Platform
by
Getadaaa
on 26/06/2019, 19:45:47 UTC
Hi bcnex admin, i want to know what will you do about the unsold BCNX token.
Token allocation for ICO is 100 million BCNX, and already sold about 65 million BCNX.
The remaining day of sale is about few hours left, will you burn the remaining unsold token ?

In the case of not being able to sell all the tokens, the remaining tokens will be destroyed.

This is a very good strategy and although it does not necessarily translate to success, it has attained more success than not. In almost all cases, destroying tokens have positively affected the value of the particular token.

Last time I checked, you had 35% unsold tokens. That’s a lot. Luckily, you get to sell a good amount just before the end of token sales tomorrow. Then tokens burn. That’s going to drop the amount the of BCNX tokens in circulation by a good percentage.