What will ICO's do with those unsold tokens? - page 3.

Deborah Christine

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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?

Usually every unsold coin will burn or will be distributed in airdrop or they can just leave it. whether it's burned or not we don't know. but actually if they actually burned their unsold coin it would greatly benefit them because it would make their coin prices go up and there would be many people who were interested in buying their coins.

VieleSind

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There is 2 ways will be happen:

1. They'll run an airdrop for token holders

2. Burn all unsold token

With the first way, I think it'll help price of token won't be dumped cause everyone will keep holding and wait to get airdrop.

With the 2nd way, it can help price of token increase a lot because of decreasing in total supply but sometime it can't and price of token keep falling after unsold token being burned.

veraro

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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.

bakermaker123

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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, it is good to burn the unsold tokens so that the circulating supply of the coin will be reduced. In this way, the value of the coin will increase and it will make the investors of it happy.

OptimusPrime_3

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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?

depending on the projects, many decides to burn token if it became unsold while some choose to keep it for future references. Also others may decide to to distribute it to the investors

Netnox

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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?

If they promise to burn the unsold tokens in the whitepaper, then it is their duty to carry out that promise. If they are not doing that, then the reputation of the project will get tarnished beyond any redemption.

[email protected]

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We should learn from history, as I found some ICOs, burned unsold token but some ICOs hold the token or locked. For after sometime this token will release.

but it is important to release locked tokens based on the exact time calculation. like some projects ico also performs token keys for bounty and airdrop as well as for developers and their teams. those who get tokens only investors and traders on the market, it looks better for investors. moreover if the unsold token can successfully burn, it will affect the supply on the market.

UNOE

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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?

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.

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doycku

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Quote from: SistaFista on April 17, 2019, 12:48:42 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?

Yes of course it is really a good thing if they burn the unsold token.
It is good for their sake. The token value will not dump if they burn it. But if they decide to reselling the unsold token,
i dont thinkn it is a good way to handle the unsold token. Burning is the best option for me.

I completely agree with you, because the practice shows that all the companies that burned unsold tokens had better results than others.

SistaFista

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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 of course it is really a good thing if they burn the unsold token.
It is good for their sake. The token value will not dump if they burn it. But if they decide to reselling the unsold token,
i dont thinkn it is a good way to handle the unsold token. Burning is the best option for me.

Melo20

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Under an Airdrop strategy, the investor’s share of the total token supply is always higher when compared to a burning strategy. The only exception to this, is when every single token is sold. In this case, they are equal. Do it's either air dropped, burn or keep.

ausbit

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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?

Depends mate. Sometime burning tokens are helping and sometime's not. If they have a huge supply of tokens and lots of tokens arent sold, it is approriate to burn those. Actually if they have legal actions or statement that announce of burning they must since it is duly noted on the contract. But if youre supply is limited, I think better to used those unsold tokens for marketing strategy such as bounty or exchange voting rewards. In that way it is used up on the benefit of the project and its price.

Burning is actually supposed to be the best option and immediate burning after ICO so that the developers don’t get the chance to hold any of these remaining tokens that might in the future tempt them to dump on the market.

I believe reason why some of these project don’t get to see the light of the day or we see a massive pump and dump is because some of the developers with bad projects are also using the remaining tokens that was not burn to manipulate the market, although I know that even if they don’t do, investors will do so, so they use these remaining token and dump it on the market before investors do, but a very good project would not do so.

Dr.Lecter

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they will burn it by send to this address: https://etherscan.io/address/0x0000000000000000000000000000000000000000

Buntel168

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Many ICO project will burn their unsold token but some will lock for the specified time. I have participated in many ICOs and and all of the project always burn unsold tokens.

chikading2016

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Unsold token is normally get burned, they need to burn it to secure thier investors asset, it is really the things that ico needs yo do to less the token circulating supply.

bellaayu

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Some other ICO-owned coins have many questions. But many explain that coins will be burned. There are projects that are in accordance with the procedures they run and there are projects that fail. This failed project is like committing fraud, which they say that the rest of the coins will be burned. But what happened was that the project was not developed and failed.

serjent05

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Each project has different design. Some promise to burn, some for give away and airdrops, some for developers and some set them aside as reserve depending on their plans. Some said they burn but I don't know if they really do because at some point their mind may change and also their plans so who knows. In the other hand burning unsold tokens gives advantage to the token value because of limited supply it will have.

wxa7115

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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?

They must tell the community what are they going to do with those unsold tokens in the white paper before they begin to sell their tokens, however there are many options that seems to be fair, one option is to burn them, to send all of those coins to an address that no one has access to, this reduces the supply and it makes all the other coins more valuable, so it is an option that is good for everyone including themselves.

Another good option could be to just distribute those tokens in proportion to the amount of money that you invested, so everyone receives more tokens than what they paid for, this is also a fair way to solve that issue.

Cocoincos

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good projects burn unsold tokens, but I know many projects are speculating on it and selling their coins for little money

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