What will ICO's do with those unsold tokens? - page 2.

Polar91

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Quote from: khiholangkang on April 22, 2019, 10:28:56 PM

every ICO project has a different way of treating unsold tokens, there are some that are well-established and some that save them for the future
it all depends on the project how the agreement was started before the ICO began

It's not appropriate and fair to investors to save them in future. It will make their investment less valued. Burning of unsold token by sending it to an address which doesn't have a private key/ no owner is the best solution.

deathcode

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Quote from: laredo7mm on April 22, 2019, 10:38:33 PM

It's true that it really depends on their team before ico has explained. and most ico prefer to burn unsold tokens to maintain prices when entering the market and also the trust of investors ,indeed there are some who share it back to investors but the impact is a large decrease from the price of ico

I think there are not many ICO projects that do it now. most of them actually airdrop for the most token holders who will get unsold token distribution. there is no reduction, but they use unsold tokens to develop their projects.

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Quote from: veraro on April 20, 2019, 02:16:48 AM

As a rule it announced before selling, what team going to do with unsold tokens. More often those tokens burning, sometimes team can give it to investors or make airdrop. It better when tokens burn. It is increase their valuable.

Almost all projects apply this because it is the easiest strategy to make their token more valuable but actually burning tokens only affects the value of that token in a short time and Then everything will return. If the project is really potential and mentioned by everyone, the price increase can be maintained for a long time so I really like the information related to the burning of tokens because it is often very profitable for me

laredo7mm

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Quote from: khiholangkang on April 22, 2019, 10:28:56 PM

every ICO project has a different way of treating unsold tokens, there are some that are well-established and some that save them for the future
it all depends on the project how the agreement was started before the ICO began

It's true that it really depends on their team before ico has explained. and most ico prefer to burn unsold tokens to maintain prices when entering the market and also the trust of investors ,indeed there are some who share it back to investors but the impact is a large decrease from the price of ico

khiholangkang

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every ICO project has a different way of treating unsold tokens, there are some that are well-established and some that save them for the future
it all depends on the project how the agreement was started before the ICO began

Kwansimaa

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Most ICOs these days burn the unsold tokens in order to decrease the total supply to bring about value to the cryptocurrency. Cryptocurrency as an asset gains much value when there is a low supply of it and this is the reason why most ICOs always decide to burn unsold tokens. However, other ICOs also reserve such tokens to promote their project in the form of airdrop or bounty programme.But i have also been wondering, why don't they just generate few total token supply so that there would not be the need for burning.

BlackFor3st

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Most of the project owners will burn the unsold tokens in order to hype the price of their tokens. The lower the total amount of tokens the bigger the chances that it's price will boom in a short period of time.

This kind of strategy is pretty useful upon seeing many projects that are burning their extra or unused tokens. Other projects also are using the extra tokens for their marketing so they can make a use of it. But burning it is the best option and will have a good effect to any project in the long run.

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Quote from: KarKeyan on April 13, 2019, 04:52:06 AM

I have seen many ICO's selling tokens for cryptocurrencies. What will they do with those unsold tokens at the end of their ICO? Some say they will burn it so no one can use it. Are they burning it or is it really the good to burn those unsold tokens?

yes some of the ICO will burn their token when the sale doesn't reach hardcap so all unsold tokens will be burned. yes, in my opinion it's a good idea because it will add value to the coin and also minimize the use of the remaining coins from the ICO.

Adriano2010

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Indeed they will burn the tokens if there are still remain unsold after sale, but now anyway maybe people will not invest on ICO and only will invest on IEO probably and on coins with a history.

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Quote from: Kasabus on April 21, 2019, 11:10:52 PM

Mostly they will burn the token, that would help to increase the value as the total supply decrease.
One project I know that share the unsold coins to their investors was the EON (Exscudo), the ICO price was higher but since there was a sharing it decrease based on the value, big investors will benefit if the project will of course grow.

What do you mean exactly mean of the term"burning"? Is it like you are going to dispose it like deleting files from your computer and directing it in the Recycle Bin? Please enlighten me. I thought from the very beginning that if a token was unsold during its ICO the team will perform a crowdsale or whatsoever to sell their coins but if there are still left then they still include it in the circulation but of course they are the holders. Hmm, probably I'll make my own research about it to feel relieved.

Kasabus

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Quote from: arwani1985 on April 21, 2019, 08:39:13 PM

That depends on the policy of the team. because each projeck is different. there are those who burn and there are also those who share again with their investors.
but right now, most of every projeck burns unsold tokens. thus, it will maintain trust in investors and will also make prices go up later, which is expected.

Mostly they will burn the token, that would help to increase the value as the total supply decrease.
One project I know that share the unsold coins to their investors was the EON (Exscudo), the ICO price was higher but since there was a sharing it decrease based on the value, big investors will benefit if the project will of course grow.

arwani1985

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That depends on the policy of the team. because each projeck is different. there are those who burn and there are also those who share again with their investors.
but right now, most of every projeck burns unsold tokens. thus, it will maintain trust in investors and will also make prices go up later, which is expected.

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Quote from: Ailmand on April 21, 2019, 07:50:27 PM

Quote from: KarKeyan on April 13, 2019, 04:52:06 AM

I have seen many ICO's selling tokens for cryptocurrencies. What will they do with those unsold tokens at the end of their ICO? Some say they will burn it so no one can use it. Are they burning it or is it really the good to burn those unsold tokens?

Most ICOs burn unsold token and shows proof to investors. This will reduce the amount of ciculating supply which could signigcantly help the price increase easily once there's good market acticity.

Its true and mny developers team hold the unsold token for the future development. I am prefer agree if developers team burn the unsold token to reduce total supply in market because this could increase the price. Sometimes developers team have their own thinking for the project

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Quote from: KarKeyan on April 13, 2019, 04:52:06 AM

I have seen many ICO's selling tokens for cryptocurrencies. What will they do with those unsold tokens at the end of their ICO? Some say they will burn it so no one can use it. Are they burning it or is it really the good to burn those unsold tokens?

Most ICOs burn unsold token and shows proof to investors. This will reduce the amount of ciculating supply which could signigcantly help the price increase easily once there's good market acticity.

giletto

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Most times it is burned to prevent further injection to overall supply or maybe kept for promotional services. Investors will rather prefer the burn because it will help control circulation supply and price

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It depends on how it is defined. Coin burning is one of the options which reduces the circulation supply. They can make additional coin offering or have the unsold coins in the reserve fund, but it is needed to be defined preciously.

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Quote from: KarKeyan on April 13, 2019, 04:52:06 AM

I have seen many ICO's selling tokens for cryptocurrencies. What will they do with those unsold tokens at the end of their ICO? Some say they will burn it so no one can use it. Are they burning it or is it really the good to burn those unsold tokens?

Burning the unsold tokens will give a lower supply and if that coin become popular, the demand is higher therefore the price will increase significantly. Simple supply and demand thing. Lower supply, higher demand = higher price.

There are some ICO's that prefer to lock the unsold tokens for future development of the project. You can track the total number of tokens using etherscan as long as you know the contract address of the token.

Kingairdrop

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most times when tokens are not fully sold they usually get burnt and other times they are usually kept but locked for future plans such as development purposes. At times they keep it just so they can use it to drive the price of their tokens after burning so as to reduce total supply amd increase circulating supply.

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Quote from: restuibu on April 15, 2019, 04:11:26 AM

Project that says if unsold tokens will be saved for future development funds (in my opinion it's very suspicious)
Project that says if unsold tokens will be burned (I strongly agree and will fully support because this will reduce total supply so that the price is higher)

Okay, may be that is possible if they want to save the unsold tokens for the future development but I think it would have been very nice had they gotten all their tokens sold in an ICO but since it has lost its popularity and people look at ICOs with a dubious eye, for the tokens, it is the only option left with the startup companies to store them. They need to focus on the project development right now.

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Quote from: UNOE on April 19, 2019, 08:44:10 AM

Quote from: KarKeyan on April 13, 2019, 04:52:06 AM

I have seen many ICO's selling tokens for cryptocurrencies. What will they do with those unsold tokens at the end of their ICO? Some say they will burn it so no one can use it. Are they burning it or is it really the good to burn those unsold tokens?

It is good for investors and for token price after ICO that unsold tokens are burned, because there will be smaller circulating supply which means scarcity of tokens in the market. If you find project which burning unsold tokens or coins you could be more sure to have at least ICO price at exchanges, but that is not allways the case so be patient and carefull.

Released to create more supply that will cause the value to crash or have a short growth ?
I see no reason why any unsold token to be held by these project developers.

It is either they give it as token in form of airdrops or bonuses to investors or bounty hunters so that there will be no concentration of such token in one person’s hand that may cause a major dump in the market, and cause the other investors to lose their funds.

If the project is true by their words and really wants the project to continue to exist, all these tokens really need to be burnt.

Topic: What will ICO's do with those unsold tokens? - page 2. (Read 846 times)