Burning ICO might be a good option to choose as it does not follow the supply-demand law. It should be done when the best time arises.
Topic: Is burning of unsold tokens is good for ICO???? - page 7. (Read 1479 times)
Of course, sir, this has a huge advantage. Burning tokens can bring deflationary economy to the market and will increase the price of tokens. This will give investors more rewards, but it is difficult because Projects usually do not destroy
Burning the unsold tokens is the only logical thing to do. I wouldnt participate in an ICO that would not burn the unsold tokens.
I think burning the unsold token is not helpful but it benefits ICO and investors.
Because if there is a burning of unsold tokens it would be a bit rare. When the token is rare the price will certainly be high and make investors happy and the project also get a profit and become famous.
Because if there is a burning of unsold tokens it would be a bit rare. When the token is rare the price will certainly be high and make investors happy and the project also get a profit and become famous.
The company simply burn the tokens by following demand and supply rule I guess. If they do not burn the tokens which are left then the price will not rise that much I guess as the supply will be higher. But burning those will help the coins to rise the price in the long term.
Burning unsold tokens will simply decrease it's circulating supply and affect it's price trend apparently. Yes your right it could be bringing coin into huger price but it some cases also that some ICO coins drastically dropping.
Yes. Maybe locking the card will help the market price increase, so it will be good for the tokens, not dumping.
It is absolutely required to protect the interest of the investors, since value is related to the scarcity of the tokens in most models, burning increases value for investors.
thank you so much for ypur answer, i have never thought about it this way, but now i can see the point, thank ylu Hello friends, lot of ICOs failes to achieve 100% sale in their crowdsale. Most of the ICOs mentions in their terms and conditions that unsold tokens will be burned. My question is very simple " Is burning of token really helps ptoject?
". I am of the view that burning of the token doesn't help the project and I feel instead of burning unsold token it's better to use them for community and project development.
well, thank you for this as it is a very good wuesti9n and i am not sure jow to ansrpwer it right as i do not have enough k owledge ". I am of the view that burning of the token doesn't help the project and I feel instead of burning unsold token it's better to use them for community and project development.
It is absolutely required to protect the interest of the investors, since value is related to the scarcity of the tokens in most models, burning increases value for investors.
All tokens are sold out
This is only applicable to those ICOs were tokens are not sold out.And someone wanted to buy a token in 2018.And its price is $ 100 and will never be less.Agree to such a platform will not live long.You need to consider this nuance for the creators of a really good product.
If the project is good and the token is so much useful, even if it cost a hundred dollar, there will always be buyers and users.Definitely, burning of unsold tokens will affect the future price of that token and mathematically, it will make its price higher.
The company simply burn the tokens by following demand and supply rule I guess. If they do not burn the tokens which are left then the price will not rise that much I guess as the supply will be higher. But burning those will help the coins to rise the price in the long term.
any project, no matter what its prospects, the best way to stabilize the coin's exchange rate is to burn the remaining unsold tokens. But not all teams of the company resort to this action.
The company simply burn the tokens by following demand and supply rule I guess. If they do not burn the tokens which are left then the price will not rise that much I guess as the supply will be higher. But burning those will help the coins to rise the price in the long term.
I think it is very good for ico because when the tokens are not sold and after it is burned and destroyed it means the token is very limited circulation so it will make the coin price becomes very expensive one day later.
I agree with the majority opinion that burning unsold tokens is useful for the project. Indeed, after burning, the number of tokens is limited and their price is growing in the future.
For me burning of the token is really good for the investors because it will reduce the amount in circulation and the effect of this is that the token value will be much higher, but these days ICO don't normally burn their tokens anymore, so use it to reward the investors for holding their tokens, but i think this move is not really good
Hello friends, lot of ICOs failes to achieve 100% sale in their crowdsale. Most of the ICOs mentions in their terms and conditions that unsold tokens will be burned. My question is very simple " Is burning of token really helps ptoject?". I am of the view that burning of the token doesn't help the project and I feel instead of burning unsold token it's better to use them for community and project development.
". I am of the view that burning of the token doesn't help the project and I feel instead of burning unsold token it's better to use them for community and project development.of course it must be done to increase the price of the token. because if the rest is not burned then the supply is greater and will damage the price.
you can learn it from ico that is not 100% successful. if the remaining tokens are not burned there will be a very declining price. you should do some research to be sure.
Of course it's good, because the remaining tokens by default become more expensive. That is, their investors will make a big profit. If, of course, the project is not empty and the idea of the project and implementation will be on the level.
Yes burning of unsold tokens are good for the ICO because it lessens the supply so the more the demands are then the higher its prices will be.
yes it is good. because quantity of tokens are reducing. so if the market cap is constant so price per token increases. imagine that there were less gold in the world, wouldnt gold price be much more comparing with now.
Hello friends, lot of ICOs failes to achieve 100% sale in their crowdsale. Most of the ICOs mentions in their terms and conditions that unsold tokens will be burned. My question is very simple " Is burning of token really helps ptoject?". I am of the view that burning of the token doesn't help the project and I feel instead of burning unsold token it's better to use them for community and project development.
". I am of the view that burning of the token doesn't help the project and I feel instead of burning unsold token it's better to use them for community and project development.That's the idea of most of the ICO and I am sure they are doing what is best for them , I've seen the computation about the profit sharing after the ICO and maybe that is the reason of burning the unsold tokens but I'm not sure since I am an expert on this thing.
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