Post
Topic
Board Altcoin Discussion
Re: token supply
by
Kersh768
on 17/01/2020, 16:36:16 UTC
sometimes I think if you look at the amount of token supply in such a large amount that trillions and trillions after the project runs several months or years, the token will be burned, what for if you make tokens with a large supply, but will be burned, ...?

 Roll Eyes

I agree. It doesn't make sense why there are projects that creates a very large token supply during a bounty which literally makes it a big project at a first glance due to a massive token supply and a large percentage provided for the campaign allocation to be distributed to participants which includes bounty hunters as well as potential investors. For me, it becomes a trick or strategy to attract bounty hunters getting into their project because it seems to promising and attractive being rewarded by large amount of token after the campaign. But it is not working like that because a massive amount which is not distributed as a reward or the remains from the recent token sale is being burned due to the reason that they are the excess tokens that seems to be unused. After thorough observation, it doesn't really matter how much token you have because the price still do matters that most since no matter how massive amount you have if the price is being dumped right after getting listed, it will still be a low income for you.