Post
Topic
Board Altcoin Discussion
Re: Old crypto ways fades away easily
by
ololajulo
on 24/03/2020, 14:10:50 UTC
Once upon a Time in every bounty life these makes you very bullish on new coins,  
2. Burning remaining unsold token after ICO
3. Team Locks their own tokens for years

The excess token left from IEO needs to be addressed in coming months, why produce such high token when you wont need it, sometime less than 50% token are sold in IEO. Such fraction cant be good for token economics. Though IEO had replaced ICO, It makes it more difficult to monitor coin transferred to exchanges and we know how fraudulent our exchanges had been. Team are now used to dumping locked coin in the market when they need fund. They do that without any consideration for investors and such keep affecting new project from convincing investors.