Post
Topic
Board Tokens (Altcoins)
Re: ✅🔥[ANN] [ICO] JACS - Internet 3.0 Decentralized Infrastructure 🔥✅
by
abderrazak belkhir
on 03/12/2020, 20:15:05 UTC
oh, so there is no specific amount of tokens will be burned until now ?
in my opinion by reducing the supply with burning actions will increasing the demands in this project
Just my personal opinion:
Token burn is depends on market conditions, for now I don't think token burn is the right choice to be implemented considering that JACS itself is currently still in the market expansion stage and there are not many JACS on the market.

Market response is needed when you want to burn.
It will be different story if JACS available on any bigger exchanges with stable volume of JACS, token burn might be implemented and of course with careful consideration and calculations
But the burn is always a good solution...you must think as a trader because they have the bigest effect on the price...traders always consider the total amount of a token as a very important think