Token allocation for ICO is 100 million BCNX, and already sold about 65 million BCNX.
The remaining day of sale is about few hours left, will you burn the remaining unsold token ?
In the case of not being able to sell all the tokens, the remaining tokens will be destroyed.
This is a very good strategy and although it does not necessarily translate to success, it has attained more success than not. In almost all cases, destroying tokens have positively affected the value of the particular token.
Last time I checked, you had 35% unsold tokens. That’s a lot. Luckily, you get to sell a good amount just before the end of token sales tomorrow. Then tokens burn. That’s going to drop the amount the of BCNX tokens in circulation by a good percentage.
From the looks of things, I've realised that Bcnex are very frugal with their tokens that explains why they're willing to swap for xrp and I'm certain that they would gladly burn whatever tokens is remaining after the tokensale to ensure that the supply of bcnx is reduced.
Yeah, i also notice it , it seems that they really want their token to become valuable as much as possible that is why they are burning their token, Like as the market said: " The higher the supply, the lower the price, and the lower the supply, the higher the price.