Post
Topic
Board Altcoin Discussion
Re: Does this make any sense?
by
fortunecrypto
on 04/06/2021, 22:54:25 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

I don't think there is, in the first place why create a huge supply, token burning can have a beneficial effect if the coin or token is already in the market, not if it is not yet, creating a huge supply without even a platform or usage of the coin is useless, we have seen a lot of projects with a very huge supply but they are top spot because there is usage, Tron is one example, very huge supply but with a huge contribution to the community.