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Topic: What to do with the Unsold Tokens? - page 8. (Read 1597 times)

newbie
Activity: 210
Merit: 0
July 17, 2018, 01:01:30 PM
#38
Mostly they burn the unsold tokens. It keeps the price stable. Sometimes companies distribute the unsold tokens to the coin holders too so that it everyone gets proportional amount of coins/tokens.
full member
Activity: 468
Merit: 100
July 17, 2018, 12:09:47 PM
#37
hold until there is no price. just think of it as a decoration in our wallet. who knows a few years more coins that do not sell or not have price so live and expensive. only hope.
I also have a lot of coins that do not sell, still safely stored my wallet for display.
member
Activity: 196
Merit: 10
“Blockchain Powered Clinical Trial Management”
July 17, 2018, 09:44:56 AM
#36
Hi,

I've been reading about the strategy ICOs use for unsold tokens in case they do not reach their hard cap.

As far as I understand, there are a few options to be used for this scenario.

1) Unsold tokens are burned - the most common option used by ICOs. If tokens are burnt, token holders share will increase, therefore its price.

2) Unsold tokens are not burned - founders keep them. It's not a good option at the eyes of the token holders. It can be used as a personal interest.

3) Unsold tokens are airdropped - A few ICOs (eg. FundFantasy) used this strategy. As far as they see it, the token price will be decreased but will be readjusted because people will use it.


I'm not aware of any more alternatives to those three. What are your thoughts? Would you use option 1 or go for the other two options? Would you come up with another possibility?


Thank you very much.

Some companies distribute unsold tokens between ICO members. For example, it was in Kin. First came the basic tokens that people bought on the ICO, and then an additional 20% of the tokens.
sr. member
Activity: 391
Merit: 254
Blockchain Stranger
July 17, 2018, 07:13:48 AM
#35
Usually it is decided by the developers team of particular project, but I have heard that the process of burning unsold tokens most of the times rises that price of the currency significantly. So it is good for us.
jr. member
Activity: 33
Merit: 3
July 17, 2018, 06:45:11 AM
#34
Thank you guys for your replies.  Smiley

Okay, there should be even more options for sure, but I did not think about it before.

A bit of a summary,

1) You can burn the unsold tokens

2) Keep the unsold tokens
2.1) Airdrop them
2.2) Give them to the founders
2.3) Use it in a reserve fund to incentivize the usage of the token, for example, by promoting the usage of tokens (eg. reduce fees during a certain period)
2.4) Use it for bounty programs?

Of course, 2.3 & 2.4 must be specified in the White Paper beforehand.

What do you guys think about the other options (2.3 and 2.4)?
hero member
Activity: 1806
Merit: 672
July 17, 2018, 05:33:55 AM
#33
If an ICO pre-sale has unsold tokens left in its sale then it was one of the bad signs that the developers didn't hit the expected target, the more unslold tokens they have the lesser expected demand the will see after the release in the market this in itself is a bad sign for early investors, and the most logical and sound solution is just by burning the unsold tokens. The investors planning on keeping them or by distributing it as a free token will result on a bad long term effect, it will most likely decrease the confidence of their investors.
full member
Activity: 952
Merit: 104
★777Coin.com★ Fun BTC Casino!
July 17, 2018, 05:17:16 AM
#32
Hi,

I've been reading about the strategy ICOs use for unsold tokens in case they do not reach their hard cap.

As far as I understand, there are a few options to be used for this scenario.

1) Unsold tokens are burned - the most common option used by ICOs. If tokens are burnt, token holders share will increase, therefore its price.

2) Unsold tokens are not burned - founders keep them. It's not a good option at the eyes of the token holders. It can be used as a personal interest.

3) Unsold tokens are airdropped - A few ICOs (eg. FundFantasy) used this strategy. As far as they see it, the token price will be decreased but will be readjusted because people will use it.


I'm not aware of any more alternatives to those three. What are your thoughts? Would you use option 1 or go for the other two options? Would you come up with another possibility?


Thank you very much.

That might be the three options for those unsold tokens but I would choose an ICO that will burn their unsold tokens. Because it will limit their circulating supply in the market which make it more promising to pump in the future.
member
Activity: 644
Merit: 10
COVIR.IO
July 17, 2018, 05:08:59 AM
#31
I think the best option when hard cap not reached is burning unsold token. If token unsold burned, its will reducing total supply and when landed on exchanger, that token price will increasing.
For investor, I am believe they will choose burning unsold token option, because its more profitable for them
full member
Activity: 462
Merit: 100
ANONYMOUS MOBILE PAYMENTS
July 17, 2018, 04:15:35 AM
#30
Give it for free. It just increases the possibility that more people will buy the token after the ICO. I mean i see alot of people being surprised to see that they have a new coin in their wallets and research about it. That is publicity, and if they like what they see then they will buy more. I think doing airdrops is more productive than burning the unsold coins.
member
Activity: 420
Merit: 14
July 17, 2018, 03:39:46 AM
#29
I think burning the unsold coins are way better than kreping it around. I mean the less coins in the market the higher the price is. Besides, it could also make the existing coin much more stable it there are less coins going around. There is also an option on the founders keeping them since they were the first to stake in the coins.
full member
Activity: 392
Merit: 103
July 17, 2018, 03:31:30 AM
#28
The ubsold token will depend on the ico's decision. There are some ico that they will burned the unsold token and the other are ico will not gonna end unless the all the tolen will sold
jr. member
Activity: 490
Merit: 2
July 17, 2018, 02:53:28 AM
#27
to anticipate it all, I always always sell the tokens I've got. between me can not wait anymore, and do not want to take risks with hold tokens in a long time.
jr. member
Activity: 42
Merit: 1
July 17, 2018, 02:17:14 AM
#26
I think that in the interest of the people who actually invested in the project the best thing to do is to burn any unsold token.

I would not feel right if I risked my money, and then others got the tokens for free just because.
full member
Activity: 448
Merit: 100
Arabic Translator
July 17, 2018, 12:45:49 AM
#25
IMO,the first option is good if founders wanted to create high demand for their token and thus a higher price in shorter time . However,i prefer the third option as airdrops are such an amazing marketing technique that can attract a lot of people who never heard about that project and can make good profits in the long term.
jr. member
Activity: 103
Merit: 1
Globalcurrency -100% backed by gold
July 16, 2018, 10:19:49 PM
#24
They usually burned the tokens as what oftentimes the developer announces. This is favorable to the token holders as the price will go up. But I also have observed using airdrop to facilitate holding of tokens. When dropped in very small value it becomes useless. How can a person gain from it when the value is just worth the trabsaction fee? So this is how they do it as I have oftentimes observed.
member
Activity: 518
Merit: 16
July 16, 2018, 09:39:33 PM
#23

3) Unsold tokens are airdropped - A few ICOs (eg. FundFantasy) used this strategy. As far as they see it, the token price will be decreased but will be readjusted because people will use it.


The 3rd option, maybe the tokens can be airdropped to the investors, so even the price is going down but the investors will still get profit

2) Unsold tokens are not burned - founders keep them. It's not a good option at the eyes of the token holders. It can be used as a personal interest.

this is the worst Option I ever know, but I never found ICOs that use this option
jr. member
Activity: 434
Merit: 9
July 16, 2018, 08:38:54 PM
#22
Hi,

I've been reading about the strategy ICOs use for unsold tokens in case they do not reach their hard cap.

As far as I understand, there are a few options to be used for this scenario.

1) Unsold tokens are burned - the most common option used by ICOs. If tokens are burnt, token holders share will increase, therefore its price.

2) Unsold tokens are not burned - founders keep them. It's not a good option at the eyes of the token holders. It can be used as a personal interest.

3) Unsold tokens are airdropped - A few ICOs (eg. FundFantasy) used this strategy. As far as they see it, the token price will be decreased but will be readjusted because people will use it.


I'm not aware of any more alternatives to those three. What are your thoughts? Would you use option 1 or go for the other two options? Would you come up with another possibility?


Thank you very much.

most ICO I know use either option 1 or 3...haven't seen option 2 yet.

From what I learned, if the ico token have huge supply they tend to burn excess to lower the supply thus increase the demand and eventually value of the coin.
The others just airdrop the excess token to it's investor if the token supply is just small like hundred million (coz most token have billion supply  and those what opted to coin burn).
member
Activity: 154
Merit: 17
July 16, 2018, 08:31:26 PM
#21
To me, I believe there should be a form of reward for the real project investors who participated in the ICO because without them, that project may never be actualized. As such, the unsold tokens should be redistributed to the ICO investors in proportion of their investments or tokens purchased. I think this makes sense.
newbie
Activity: 119
Merit: 0
July 16, 2018, 08:04:29 PM
#20
Actually if I have a unsold tokens I"m going to do is kept the coins into my private wallet and wait for the correct time of value in the market if the value high I sell it.
full member
Activity: 742
Merit: 144
July 16, 2018, 07:30:50 PM
#19
unsold tokens must be burned to keep prices stable. if not burned most likely the price will go down when in the market.
Most of the ICO really burned the unsold token so the value of their token will increase, but we are not so sure about it since it can really transfer to anyone within the team, some of the token are being locked for at least a year or what but better to look for some ICO that they plan to burn the unsold token.
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