Post
Topic
Board Altcoin Discussion
Re: Does this make any sense?
by
livingfree
on 04/06/2021, 20:07:27 UTC
Crypto experts in the house please your attention is very needed right now, does it even make any sense to burn of tokens max supply gradually when the token or project have not been listed on exchanges? Does this make any sense?? Thanks
That's not a big deal even if there's no exchange yet listed on it.

If it's part of their road map and if it is listed on the whitepaper then they're just following what has been planned. Burning of tokens is known to be done so that the circulating supply will be lessen.

And it's going to increase the demand of the token but not all projects that do this becomes successful.