What happens to the unsold token? | Bitcointalksearch.org

Harribel03

newbie

Activity: 99

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Quote from: makuhpal on April 29, 2018, 05:31:45 PM

Quote from: Harribel03 on April 29, 2018, 01:05:35 AM

Usually, unsold tokens are burned after the end of token sale. I am just curious, why does the investors and bounty hunters frequently ask this question if they know already what will happen to the unsold token?
In addition, why does the unsold tokens are burned? Will if affect the volume or market cap of a coin?

I acknowledge every opinion.

You are literally asking questions which are obvious,of course the less supply the coin has the more potential value that it can have that is why these ICOs are burning their tokens,i am not going to explain any further how but the main purpose is,so their investors are going to have good returns from their tokens.

I do not literally asked the question sir! It is my own way just to know about the unsold tokens because it was a confusion in my mind since I am newbie in cryptocurrency. I believe that there is no bad in verifying some thoughts in our mind specially if we are new in anything.

diorthotis

newbie

Activity: 330

Merit: 0

I think tokens are lame status. If anyone can make an token, who cares?

Hey look I made a token called liteshares!

https://wallet.crypto-bridge.org/asset/LITESHARES/

MISS_nSTASSY

full member

Activity: 392

Merit: 105

Vena.Network

Sometimes these tokens got burned at the end of the token sale as you have mentioned. But it happens not always.
If tokens are burned, it may increase the price of every token if the product will get interest from the market. Otherwise it will be coin with miserable trading volume which will never reach coinmarcetcap.
But sometimes unsold tokens being distributed to private offerers. For example the price of token is $1 but these buyers with a lot of money can buy coins for $0.1 and it will be private so nobody sees these actions. And then it is normal to sell till $0.2 for them, they will gain huge profit even if the price is under ICO Wink

winspiral

legendary

Activity: 1778

Merit: 1026

Free WSPU2 Token or real dollars

Quote from: Surrapatt on May 04, 2018, 06:06:38 AM

it's natural that the investors or the bounty hunters ask that because they're afraid that dev sells a token in high quantities that will make the price go down, which I know that's what they're afraid of.

I will keep up offering unsold WSPU2 through my faucet and like we can see it the free token are expensiver than the token from the ICO.

Quote

Total WSPU2pts earned: 1020.85843383
Total pending dollars earned: 0.32011121
Total claims: 724
WSPU2pts price in dollar: 0.00287

We see:
$0.00287 within the airdrop faucet.

We know:
$0.001 through the ICO.

It is hard to believe that this will deacrise the WSPU2 price of the token on the ETH blockchain.
Ok...one has to trust the token creator...but if the price is so high on the airdrop faucet it means that the people trust...if not they would not buy so much over the ICO price.

labake

member

Activity: 308

Merit: 15

Base on experience, some team of developers airdrop unsold tokens to the community or distribute it as bonus on all their investors portions of purchases on perscentage basis but commonly it is used to be burnt. For the burning, it usually affect postively in most cases because it would reduce the number of total supply in market and this really have great impact on the token price. #justmyopinion

Surrapatt

sr. member

Activity: 1078

Merit: 250

it's natural that the investors or the bounty hunters ask that because they're afraid that dev sells a token in high quantities that will make the price go down, which I know that's what they're afraid of.

Harribel03

newbie

Activity: 99

Merit: 0

Quote from: 7788bitcoin on April 29, 2018, 06:58:50 PM

Quote from: Harribel03 on April 29, 2018, 01:05:35 AM

Usually, unsold tokens are burned after the end of token sale. I am just curious, why does the investors and bounty hunters frequently ask this question if they know already what will happen to the unsold token?
In addition, why does the unsold tokens are burned? Will if affect the volume or market cap of a coin?

If the team wanted to create n number of tokens it is possible and thereby unlimited money, we need to have a transparent vision of the team and as an investor we need to know what they are planning to do with the rest of the coins, i do not want to invest in a project where they could chunk out unlimited coins and inflate the market with it and if they have a vision they would know what they are doing and a transparent answer to the maximum number of coins in existence.

Thanks for your time in answering my newbie question! I think you are also right. It means that, it is for the sake of the investors to know how they will do to the unsold tokens. It is favorable also for the community to have a limited supply where we can assure that the price will have the potential to grow up. Now I understand! I think few knowledges more and I will become ready to be an investor.

AlGovorov

newbie

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I think he's just priceless and remains walking at the network, who produced the acquired debris in your wallet, well, I imagine so imagine it.

icalical

sr. member

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Enjoy 500% bonus + 70 FS

There are some case when ICO distribute the unsold token to their team and mostly to the company board, it is to support the liquidity (I think). But most of the time the unsold token/coin is burned. Why it is burned? It is simple supply and demand rule, when the total supply is less, the company hopes to increase the demand

taiwww

sr. member

Activity: 588

Merit: 257

Quote from: Harribel03 on April 29, 2018, 01:05:35 AM

Usually, unsold tokens are burned after the end of token sale. I am just curious, why does the investors and bounty hunters frequently ask this question if they know already what will happen to the unsold token?
In addition, why does the unsold tokens are burned? Will if affect the volume or market cap of a coin?

I acknowledge every opinion.

Thats not the case. I mean the coins are not always burnt and also if this is going to happen or not is always mentioned in the whitepaper or announcement.

If they are not getting burned then they will be most probably be available for the purchase in the later stages when the coins are circulated.

Burning affects the market positively because whenever they are burned it means nothing but the increased demand of that specific coin. Thus the prices rise for the same.

Chuokie

newbie

Activity: 113

Merit: 0

I think it is also good for unsold token not to be burn, but instead put on cloud storage, since just in case this coins bloomed like but not totally like as BTC did, then they can mine it using miners, right? Since this is kinda wasteful when the coin flew to the moon.

Official_StorePlex

newbie

Activity: 8

Merit: 0

I think a lot of people like having less coins in circulation as they feel that it can increase the price as there's less coins around, although in reality it doesn't make too much impact once they are burned until later down the line. Not only that, but if those tokens are unsold something has to be done with them so burning makes the most sense as otherwise the team have more tokens then they originally allocated to themselves so it all comes down to trust.

GSTremor

newbie

Activity: 70

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Quote from: Harribel03 on April 29, 2018, 01:05:35 AM

Usually, unsold tokens are burned after the end of token sale. I am just curious, why does the investors and bounty hunters frequently ask this question if they know already what will happen to the unsold token?
In addition, why does the unsold tokens are burned? Will if affect the volume or market cap of a coin?

I acknowledge every opinion.

This issue has already been discussed, only with bitcoin. The question was of such a plan "what happens to bitcoin, which is lost. Lost access to the wallet or something." Answered so "there is nothing To worry, as the value of the lost bitcoins is distributed among the remaining bitcoins."It doesn't happen automatically or something, just, over time, when the turnover happens without bitcoin, the value of the rest increases.

Nikola282828

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If the ICO project has been launched, and is not a Scam, it means that the tokens( and some part of them) were sold, because they are invested in, so think for yourself. And if you do not one sold they will not be allowed on the exchange because their pricing will be = 0.

papagapa

member

Activity: 392

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It is not leading to affect anything about the price or money that was put in. The coin burn might appear if there is not much investors and supporters. It is a bit affecting the tendency to go up higher, but this is only it.

Kocret02

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Buzz App - Spin wheel, farm rewards

if dev and team can be sportive and do not manipulate usually unsold coins will be burned, this is used to stabilize the sold coin and there is no monopoly element of coin available.

KRISTIMAK

newbie

Activity: 197

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most of the projects that are currently selling the token and when the project is finished doing the ICO, as not all tokens sold out it will be burned, less so, in fact, I understand every project take these policies, but positive thinking of good policy.

VieleSind

sr. member

Activity: 434

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Typically for each ICO project, after the Token sale process ends, the unsold tokens they will distribute through the Airdrop campaign. But there are some ICO campaigns they distribute unsold Tokens for development teams as well as advisors. Alternatively, they may be revoked for future use to push the exchange rate for the cryptos after being indexed on exchange floors.

krodmandoon

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Quote from: Harribel03 on April 29, 2018, 01:05:35 AM

Usually, unsold tokens are burned after the end of token sale. I am just curious, why does the investors and bounty hunters frequently ask this question if they know already what will happen to the unsold token?
In addition, why does the unsold tokens are burned? Will if affect the volume or market cap of a coin?

I acknowledge every opinion.

If the unsold tokens are nit burned, who will own them? What will happen if they are sold?
The unsold tokens have to be burned, otherwise they will change the price of every sold token.

barlo357

full member

Activity: 574

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For me don't burn it because they can use that in future such as giving in airdrop, bonuses to investors together with the bounty hunters so for the meantime keep it up then release it when the time has come.

Topic: What happens to the unsold token? (Read 461 times)