Post
Topic
Board Altcoin Discussion
Re: Supertokenomics or bad ? Opinions ?
by
Thementhor
on 14/02/2022, 17:15:56 UTC
So it is legit, whitepaper legit, just can not imagine what the end will be, everyone sells, then burns activated.
How can you know if a project is legit just with reading the whitepaper?
Burning 85% of the tokens doesn't make the tokens valuable.

Let's say I want to create a token with total supply of 1 billion coins.
Instead of issuing 1 billion tokens, I create 100 billion tokens and then burn 99% of them.
Does it change anything? NO. The tokens are still coming from thin air and the it's a scam.

Yes, but as I  read they not burning the 85% of the total supply, they burning the sold tokens.
Example:
I buy 1 million token exactly, then few days later I sell, so 85% from 1 million (850 000) will be burning from the real total supply. Maybe I did not understood it well!

I will not invest, just will follow the chart how it is going, interesting tokenomics. Never saw before.