Well if you check the home page of their website it shows they are on stage 2 of their public sale.
The completion of their pre sale and stage one public sale means they have sold 16,400,000 tokens.
It looks like they are halfway through stage 2 of the public sale which means they have sold another 3,500,000 tokens.
So in total (rough estimate) I think they have sold approximately 20,000,000 tokens.
Website: https://www.gifcoin.io/
Hmm where's your answer? I do not see you providing an exact total? I'm trying to help someone out with their question.
In 15 days they raised half of their softcap, they have another 15 days to sell the other half of their softcap allocation and potentially sell even more, the hardcap they set was very optimistic but they did it to show the maximum amount they wanted to raise in the best case scenario.
The markets have been awful since the start of the ICO but they have still raised a considerable amount.
Yes I believe the tokens will be burnt or locked away, the same things happens to every project nowadays. There is no point keeping unwanted tokens because they will not serve any purpose.