[ANN][ID] EVEREST - Elevating Humanity - page 52.

The unsold tokens will be included into our company's reserve which will be later be attributed to product development, marketing, operations and other necessities to drive the project forward.

Why not burn them? It seems like everybody does that.

In our POV, that's just wasted capital which can be either re-purposed towards product development, marketing, or even getting back to the community.

To me that always made more sense, but other projects burn them for some reason.

There were some misuse cases in the past,so now most teams opt for burning.But if its eveythiong done transparently,no need to burn them really,as you can use them for so many things later on.

however, if the tokens do not burn, in the future, this can lead to the fact that their value will not be so high that it could be without it

But will it have such a big impact on the price that projects should be worried about?

ZeroCrypto

jr. member

Activity: 64

Merit: 1

Quote from: Bendix on August 23, 2018, 01:41:49 AM

Quote from: UncleT on August 22, 2018, 03:02:46 PM

Quote from: MaZeeCM on August 22, 2018, 01:35:37 PM

Quote from: positiveoutlook on August 22, 2018, 01:25:12 PM

Quote from: MaZeeCM on August 22, 2018, 01:06:21 PM

Quote from: Btcmnr on August 22, 2018, 01:03:59 PM

Hello, what will happen with the unsold tokens? Will they be used later? Or do you dispose of them as something?

The unsold tokens will be included into our company's reserve which will be later be attributed to product development, marketing, operations and other necessities to drive the project forward.

Why not burn them? It seems like everybody does that.

In our POV, that's just wasted capital which can be either re-purposed towards product development, marketing, or even getting back to the community.

To me that always made more sense, but other projects burn them for some reason.

There were some misuse cases in the past,so now most teams opt for burning.But if its eveythiong done transparently,no need to burn them really,as you can use them for so many things later on.

There's a recent article in the news about burning unsold tokens/coins. The experience of other projects were favorable as the value of the crypto immediately rises upon the news of the burning.

potapo

full member

Activity: 460

Merit: 100

Your professional profile on the blockchain

Quote from: Bendix on August 23, 2018, 01:41:49 AM

Quote from: UncleT on August 22, 2018, 03:02:46 PM

Quote from: MaZeeCM on August 22, 2018, 01:35:37 PM

Quote from: positiveoutlook on August 22, 2018, 01:25:12 PM

Quote from: MaZeeCM on August 22, 2018, 01:06:21 PM

Quote from: Btcmnr on August 22, 2018, 01:03:59 PM

Hello, what will happen with the unsold tokens? Will they be used later? Or do you dispose of them as something?

The unsold tokens will be included into our company's reserve which will be later be attributed to product development, marketing, operations and other necessities to drive the project forward.

Why not burn them? It seems like everybody does that.

In our POV, that's just wasted capital which can be either re-purposed towards product development, marketing, or even getting back to the community.

To me that always made more sense, but other projects burn them for some reason.

There were some misuse cases in the past,so now most teams opt for burning.But if its eveythiong done transparently,no need to burn them really,as you can use them for so many things later on.

however, if the tokens do not burn, in the future, this can lead to the fact that their value will not be so high that it could be without it

Samson_bbl

member

Activity: 280

Merit: 11

I see that you did rebranding recently,what was the general response to that,as i guess you checked that before going for that

Persanally i like the name new name

FrankDTank

newbie

Activity: 126

Merit: 0

An exciting project, providing many features and services for users at low cost and minimizing risk. of course this is a platform that will be much preferred. hopefully the team can make this project can be realized and achieve the expected target.

Facadoro

newbie

Activity: 39

Merit: 0

Quote from: mylove776 on August 23, 2018, 10:35:42 AM

Hi! I’m participating in the bounty and wonder what “whitepaper test” means? 15 % are reserved for it and it’s supposed to be explained here, said the bountymanager. Thanks!

Maybe finding flaws and typos in the whitepaper?But thats just wild guess to be honest..

mylove776

newbie

Activity: 28

Merit: 0

Hi! I’m participating in the bounty and wonder what “whitepaper test” means? 15 % are reserved for it and it’s supposed to be explained here, said the bountymanager. Thanks!

Dr. Van Nostrand

newbie

Activity: 182

Merit: 0

Quote from: banaynay on August 23, 2018, 05:27:30 AM

Quote from: LogitechM590 on August 23, 2018, 03:24:14 AM

Quote from: Fiery_Mouwnies on August 23, 2018, 02:45:17 AM

Quote from: Kryptoking21 on August 23, 2018, 02:18:27 AM

How much does 1 EverID token costs?By the way,now when you changed name to Everest,token name changed too?

That would be $0.09 per token. For now it's still ID token.

So you might change that name too,in the future?

But if the purpose of the token is identification use then maybe it can stay that way?

True,i see no reason to change token name ID sounds good,and makes sense.

MaZeeCM

newbie

Activity: 238

Merit: 0

Quote from: Tailor_ on August 23, 2018, 05:40:16 AM

Your project is very creative, all implementations, creations, structures was very impressive. Users and investors are mostly active these type project and then join or invest to the project. So these type of projects are more beneficial. So keep it up and best wishes for the future.

Thank you so much for your support

TheRedKing

jr. member

Activity: 266

Merit: 5

Quote from: AlenDel2 on August 23, 2018, 03:29:46 AM

#Proof of authentication:
Btc username: AlenDel2
Youtube URL: https://www.youtube.com/channel/UCr1uxAH-XID-1sfVq9F_6Mw
Linkedin URL: https://www.linkedin.com/in/elena-dubchak-92982a14a/
Reddit URL: https://www.reddit.com/user/AlenDel/
Telegram username:@AlenDel

I believe you are in the wrong thread pal!

Tailor_

newbie

Activity: 46

Merit: 0

Your project is very creative, all implementations, creations, structures was very impressive. Users and investors are mostly active these type project and then join or invest to the project. So these type of projects are more beneficial. So keep it up and best wishes for the future.

banaynay

newbie

Activity: 182

Merit: 0