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Quote from: Bcnex on June 26, 2019, 12:57:42 PM

Quote from: H1N1 on June 26, 2019, 07:20:35 AM

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. Thats a lot. Luckily, you get to sell a good amount just before the end of token sales tomorrow. Then tokens burn. Thats going to drop the amount the of BCNX tokens in circulation by a good percentage.

From the looks of things, I've realised that Bcnex are very frugal with their tokens that explains why they're willing to swap for xrp and I'm certain that they would gladly burn whatever tokens is remaining after the tokensale to ensure that the supply of bcnx is reduced.

Yeah, i also notice it , it seems that they really want their token to become valuable as much as possible that is why they are burning their token, Like as the market said: " The higher the supply, the lower the price, and the lower the supply, the higher the price.

I also think like that, and that's part of their strategy to keep their tokens more valuable, I see that for airdrop they will also use XRP instead of their own tokens that is a good step considering that most airdrop hunters will only throw away their tokens.

that is why I like the bcnex project, because it safeguards their tokens to be more valuable, and other concepts like this are very rare for other projects, and I can't wait for the launch of the perfect bcnex stock exchange