Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: Saint1990 on July 18, 2018, 10:44:36 AM



Title: Is burning of unsold tokens is good for ICO????
Post by: Saint1990 on July 18, 2018, 10:44:36 AM
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.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: batang_bitcoin on July 18, 2018, 10:48:26 AM
My question is very simple " Is burning of token really helps ptoject????".
Yes, it makes the supply lesser to enforce the demand higher.
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.
Apply the law of supply and demand so if you think that doesn't help the project, it's your opinion and everyone has their own points too.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: stasiulman on July 18, 2018, 10:54:26 AM
The deflationary model assumes that the price of tokens is growing, in medium and long terms, this is possible only in conditions of a limited number of coins. Those, with limited supply and unlimited demand conditions, then ideally the price should only increase, for example like gold holding.
But such model doesn't suit all project, and sometimes it's only loud words for luring investors.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: GREENch on July 18, 2018, 11:15:47 AM
Burning, of unrealized during the ICO, tokens should positively affect their price. Of course, provided that the project has reached soft cap and developers have the necessary financial resources to implement their plans.
Look at the Binance and their BNB token.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: Saint1990 on July 19, 2018, 02:39:37 AM
My question is very simple " Is burning of token really helps ptoject????".
Yes, it makes the supply lesser to enforce the demand higher.
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.
Apply the law of supply and demand so if you think that doesn't help the project, it's your opinion and everyone has their own points too.
Thanks for your suggestions but tron burned 1BILLION tokens that doesn't help it's price to grow. Also the binance burns it's native token BNB that also doesn't show it's price growing. We can say these are already successful projects. I want to know more about NEW ICO projects. The above things applies to new projects too but the team of the project should be honest and no body shows honesty in cryptocurrency world's. As these unburned tokens can be dumped by the ICO project management too.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: ashlyvash00 on July 19, 2018, 02:46:46 AM
Yes it will good for the token and ico. Because as far as i know if a token have less supply the demand will be increase just like bitcoin .


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: TheWalkingCoin on July 19, 2018, 02:47:31 AM
Many ico is never reached of their ico sale target, excatly when they want to sell about 10,000,000 ico token but the investor only buy about 7,000,000 ico token, missing 3,000,000 token will burn by ico owner and its very good ideas to make their ico have higher price when listed on exchange market. if keep and never burn their leave token maybe price will be drop and lower when their ico listed on market.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: chocolah29 on July 19, 2018, 03:20:46 AM
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.

It can help the community either but we should be thinking in a long term benefit. If the team didn't burn the token the price won't increase because of its huge supply. Yet of course there should be also the demand as even the supply is few yet no one wants to buy it then it will be useless. On its contrary, even the supply is huge yet the demand is high the price will likely increase, more often the burning will just help to increase more.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: FreakSau on July 19, 2018, 03:24:53 AM
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.

Yes, after burning, the amount of supply token will decrease, it helps the price of token goes up.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: kirstiemorton23 on July 19, 2018, 03:38:58 AM
I think burning tokens is necessary to prevent abuse and fraud, we all know the purpose of token burned to tell the number of tokens that have been scattered and no residual, I think it's fair and accurate, token in circulation can be traded, the law of supply and demand will work great in this way.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: linkHA on July 19, 2018, 03:42:51 AM
I think it might be a good idea to destroy them all.
Because a smaller total means a smaller market value for the token, investors are more likely to get a bigger return.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: sergiokkl on July 19, 2018, 03:47:45 AM
If they reach 100% of token sold out there is no token burn because usually burning is just for not reaching the hard cap. So for the development funds, I'm pretty sure team has keep tokens for that and the ICO token is nothing important so burning and make the circulating token are best. What if they keep it on their wallet and anytime they can sell all and that's the worst thing. Price will drop rapidly


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: rumoo42 on July 19, 2018, 03:50:03 AM
It is a good idea to destroy tokens that have not been sold. Because the number of current projects is always too much, their prices are already very high. If more money is needed for further development, this is officially the most lacking.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: vishudda on July 19, 2018, 03:53:16 AM
yes it is, because the market runs and the currency price raised when there is a demand and less supply along with the coin potentiality. If the coin is potential and the coins are more, the price never inclines. If the coins are less and the coin is not potential it is waste even there are less coins.

For good projects, it is better to circulate less coins and burn the unsold coins.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: Greenw87dpecker on July 19, 2018, 03:56:33 AM
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 don't understand how it works, but it really does. I've seen price increases several times after burning tokens.
You are wrong, these tokens cannot be used because they give the team the ability to manipulate the course. Maybe this is the reason for the increase in prices after burning?


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: Kwansimaa on July 19, 2018, 04:01:10 AM
Absolutely..burning of tokens that were not bought during token sales is a very strategic way of keeping the intergrity and value of a token because in a lay man terms if the the amount is quite  limited then its demand is definitely going to increase if the project upon which the token is developed is  a potential one.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: engwenqu01 on July 19, 2018, 04:09:35 AM
Destroying tokens is definitely a good thing for the project, and everything is the same. The lower the quantity, the higher the price. Many projects will find ways to destroy tokens in the later stages to promote price increases. This is indeed a very effective method.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: ashmodeus on July 19, 2018, 04:47:30 AM
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.

the logic reason for me, it's good
absolutely good for it project.
why ?
if the unsold token still on address,
i just think it will be make some miss understanding for some people.
for example, all unsold token will be add on coinmarket data.
anyway, about help for comunity and project development, i think the team already allocated some fund for it.
why they need more .
it's not help too much for me,


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: reingard on July 19, 2018, 04:49:59 AM
It is because the price will be higher when the supply is lower. If you sell 100 tokens for 0.005 ETH each and there is more 900 tokens, they will never be worth 0.005 ETH each because the supply is higher than the amount collected.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: raes on July 19, 2018, 04:50:29 AM
yes of course that's good for the value of the coin market. where with a few yag coin suplay will make the coin price becomes more expensive. but now I see rarely do that, most of them make an airdrop, or dividend system for those who hold their coins.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: renes on July 19, 2018, 04:56:48 AM
Since they are unsold tokens which will be out of circulation, it does not affect in the short term but in the long term release of that supply has effect.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: cryptoloverlife on July 19, 2018, 04:57:15 AM
the burning model here works more effectively in maintaining inflation of the particular tokens it is good move to maintain the price for the coins


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: bitcoin.beda on July 19, 2018, 04:57:46 AM
For me it depends, if you think based on the research the ICO's program is very good and has a future, burning tokens is very good because it lowers the supply of coins thus it can increase the demand of coins, alternatively it is possible to burned this tokens because the support of the community is very low because of its product it has thus even it will burned tokens there will be no effect on its price.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: miyat23 on July 19, 2018, 05:15:36 AM
I think it is, because burning the unsold token will lessen  its supply which leads to higher demand. More investor's demand will bring the token to higher value. It makes the token more expensive especially when the team of the project are active also in their platform makes it more valuable and profitable.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: Supremacy2 on July 19, 2018, 05:22:30 AM
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.


Burning of unsold token help the project to gain more value in the market. If 40% of total supply of a project got burnt due to the unsold terms and condition, it will reduce the circulating supply and increase the value of each token. Law of Demand and Supply


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: Blackmoon84 on July 19, 2018, 05:24:31 AM
I think burning tokens is necessary to prevent abuse and fraud, we all know the purpose of token burned to tell the number of tokens that have been scattered and no residual, the law of supply and demand will work great in this way.yes of course that's good for the value of the coin market. where with a few yag coin suplay will make the coin price becomes more expensive. but now I see rarely do that, most of them make an airdrop, or dividend system for those who hold their coins.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: krassy on July 19, 2018, 05:25:36 AM
Burning part of its tokens and reducing the total issue of the company thereby increases the value of the remaining coins, it is very good for projects and even better for those who trade these coins in the market -burning is a reason for the price increase.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: wulian18 on July 19, 2018, 05:33:48 AM
Everyone will understand that destroying tokens is a good thing, for the price of the currency. However, there are also projects because the amount of circulation in the previous period is too small, and the increase in circulation in the later period can also increase the price of the currency.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: Dimanman113 on July 19, 2018, 05:44:33 AM
I think in the long term it's good, but in the short term it's not. Tokens when they get on the exchange in recent times falling in value! Maybe it has something to do with it!


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: dashi555 on July 19, 2018, 05:49:55 AM
Burning tokens is the quickest and most direct way to increase prices, but it can't last long. Because the growth of the project is the best embodiment of value. So in the long run, it is still determined by R&D.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: Hanebel on July 19, 2018, 05:54:43 AM
My question is very simple " Is burning of token really helps ptoject????".
Yes, it makes the supply lesser to enforce the demand higher.
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.
Apply the law of supply and demand so if you think that doesn't help the project, it's your opinion and everyone has their own points too.
Thanks for your suggestions but tron burned 1BILLION tokens that doesn't help it's price to grow. Also the binance burns it's native token BNB that also doesn't show it's price growing.
TRX is a 65.7-billion token in terms of quantity. We can't expect its price to rise up to 1$ each at this early because it would make it next to bitcoin in terms of its marketcap, which is not so logical. How can you say BNB is not growing? Compared to their first released price on exchanges, TRX and BNB are way above, even at this moment when market is still considered down.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: Torps1 on July 19, 2018, 05:56:35 AM
I think burning of unsold tokens will limit the total number of tokens in circulation, thus triggering demand for tokens and keeping supply low. That's a good strategy to drive price up. There may be the downside of burning unsold tokens too.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: DesertOasis3 on July 19, 2018, 05:57:47 AM
I think this really depends on the ICO and what their project will achieve if the unsold tokens can add value to the ecosystem by helping onboard affiliated businesses that will increase the overall value then yes it is true that unsold tokens will benefit most by being used in that way.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: killat on July 19, 2018, 06:01:08 AM
Yes, burning unsold tokens is one of the best decision an ICO project can take. The more tokens exist on the market, the less their price/value is and vice versa.

Burning unsold tokens is also a proof of respect for all investors, as their tokens will be (theoretically) much valuable.

This is one of the criteria I take into account when I decide to invest or not in an ICO.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: luyin46 on July 19, 2018, 06:01:26 AM
Being able to actively destroy unsold tokens is a very confident behavior and responsible. Make investors happy. Those who do not destroy are greedy and always want to get more investment through tokens.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: fudster on July 19, 2018, 06:06:08 AM
My question is very simple " Is burning of token really helps ptoject????".
Yes, it makes the supply lesser to enforce the demand higher.
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.
Apply the law of supply and demand so if you think that doesn't help the project, it's your opinion and everyone has their own points too.
Thanks for your suggestions but tron burned 1BILLION tokens that doesn't help it's price to grow. Also the binance burns it's native token BNB that also doesn't show it's price growing. We can say these are already successful projects. I want to know more about NEW ICO projects. The above things applies to new projects too but the team of the project should be honest and no body shows honesty in cryptocurrency world's. As these unburned tokens can be dumped by the ICO project management too.

Dishonesty can make project worthless, any team do not want it to happen so if they promise to burn the token, they should send it to their burning address. I have no idea which new project who promise to burn unsold tokens but I think if they are true to what they are saying, they will honor their words.  Burning is better than creating more coins out of thin air :)


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: Herlina on July 19, 2018, 07:15:59 AM
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 think burning unsold tokens will help the project to prevent investor hesitation, most investors will doubt if the team allocates unsold tokens to community and project development funds because they usually already have allocations for it and they should no longer need additional funds if they calculate the allocations well,


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: Itsmylife on July 19, 2018, 08:52:26 AM
if unsold tokens still exist, the investors would feel unsafe with their investment. The amount token remaining can be used to control their market, can make their project be destroyed .


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: vasil777 on July 19, 2018, 09:01:37 AM
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 think burning unsold tokens is a normal procedure. If these tokens are not bought by anyone, then they need to be burned - everything is logical. This procedure is used by many well-known projects so I think burning the tokens needed!


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: Nolimitz84 on July 20, 2018, 05:09:21 PM
For a long-term project, this is not an acceptable marketing move.Let's say you bought a token for$ 1 in 2017.All tokens are sold out.And what is not sold-burned.Thus, the price of this token was increased.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.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: Thatimber7 on July 21, 2018, 08:45:33 AM
Well for starters, it will reduce the supply and hence the demand will increase. If put in simple economics, this will lead to an increase in the price of the coins. And thus, will be able to generate more investors.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: Em00n01 on July 21, 2018, 09:34:48 AM
Yeah, i think it is good for ICO. It help the coin to grow up and believe people that the team is not selling their unsold token in different exchange site.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: Maheshkumar_Hrangkhawl on July 21, 2018, 09:36:24 AM
It's not rocket science, demand goes up if supply goes down. hence, we know why burning is in the option.

Absolutely. If a part of the tokens are burned, then the remaining tokens will go up in price. But that is not necessary.... If the project is already dead or defunct, then this measure will be having hardly any impact. But I have seen several examples to support this claim.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: Bharathi13 on July 21, 2018, 09:38:36 AM
Yes burning of unsold ICO token is good for ICOs as well as investors. For ICOs, their supply will reduced by burning tokens and when their demand will increase it will automatically help for increase in price of tokens. For investors, their returns will incrase when price of token will go up due to more demand and less supply. Also investors will be on safer side as there are several cases of un-burned tokens being miss used by the ICO team managements take recent example of Ionchain.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: justsimpleram on July 21, 2018, 09:40:27 AM
Yes that's have good effects to the ICO. Because of the unsold tokes if they burn it the supply of the token will be decrease. Therefore the holder and the investors is the only people that have that tokens. And they are the one who will manipulate the price mo the token.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: Moshi Moshi on July 21, 2018, 12:05:18 PM
it is a very good move for the advancement of an ICO project because then the coins they release become limited and if the demand is high it will lead to price increases on the coin, so it should indeed burn the unsold coins.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: Emence on July 21, 2018, 12:25:13 PM
Yes burning unused tokens is good. Because there is always some projects going on and price is going higher. So burning makes the supply lesser and lesser.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: Cogy on July 21, 2018, 12:31:16 PM
I also think it sometimes. Burning the token looks like a loss to me. Because not every ICO has high demand. If an ICO has less demand then burning the tokens will be total waste. Though it helps some ICOs.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: drumamat on July 21, 2018, 12:33:30 PM
I think that the team proves that they consider investors to be an important part of the development of the project


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: santaroom on July 21, 2018, 12:41:15 PM
My opinion is that burning an unsold token will reduce its supply, leading to higher demand. More investor demand will naturally bring the token to a higher value.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: BarnabyETH on July 21, 2018, 12:43:08 PM
If unsold tokens are burned, then it may be a cause of loss. Without using it, the Token mellows would have benefited from using them without burning or other small projects and their confidence would have increased.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: MarchionessBold on July 21, 2018, 12:46:11 PM
The market works based on supply and demand. Burning of unsold tokens make supply scars and demand high. So it’s good.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: anilsaini0327 on July 21, 2018, 12:51:51 PM
Burning of unsold tokens surely helps in increasing the demand as well as the price of the given coin/token. The above things applies to new projects too but the team of the project should be honest and no body shows honesty in cryptocurrency world's. In my opinion, unsold tokens can be burned or they could be distributed among the investors.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: reynilynedago on July 21, 2018, 01:04:38 PM
I totally agree with your point of view that burning of ico coins can be managed somewhere else for the betterment of the community
But the burning of ico’s is necessary because the amount of supply of token will decrease and the value of the token goes up which can really create hype among the investors and make the company do more profits as many people want to invest more on the demanding ico’s
There are lots of residuals and these residuals can lead to fraud and scams as these coins can be misused by many companies and they can scam the investors and this will make a negative impact about the crypto world.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: VogueaNON on July 21, 2018, 01:19:34 PM
Yeah it provides some benefits to the ICOs. By the rule of Supply and demand it helps to increase the price of their token. But there are some less worthy ICOs who don’t get any benefits by burning token.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: adzino on July 21, 2018, 01:30:47 PM
While distributing tokens during ICO, they have everything pre-planned. The percentage of tokens they will keep, the amount that will be distributed and the amount that will be sold. If extra tokens are left, their plan somewhat starts to deviate. Also the burning of the tokens, helps to increase the price of the token (basic supply-demand law) which eventually covers up the price of unsold tokens.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: ZirconiumX on July 21, 2018, 01:39:15 PM
Sure it is good to burn unsold tokens of ICO project. Investors will recieve effort because total market cap will be lower and more opportunities for pump. Anyway the team will keep tokens needed for environment


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: MorningTradeNeo on July 21, 2018, 01:45:48 PM
thank you for your suggestions but it has mix opinion among the people, some think it's oky to burning the unsold tokens cause it does have the same value as coins and on the other hand some think it is not oky cause it will create token lacking what you think it up to your choice


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: kier010 on July 21, 2018, 01:46:51 PM
yes it will help the ICO especially the investors because the supply will be less so price will go up. it still depends on ICOs if they want to burn it or not but many cases they burn it.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: ryurifai on July 21, 2018, 01:51:32 PM
That's exactly what you are thinking. Burning or destroying the rest of the coins that are left unsold during the crowdfunding is a best way of pushing the market price of a digital currency. The moment you burn or destroy it will make its supply less and and if the demand continues over the short supply, its market price will also rise drastically.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: lagabara on July 21, 2018, 01:51:59 PM
Token is burned by the ICO developers I think is good, because by reducing the number of tokens that exist will make the price token can be boosted up. And make it easier to ride with less supply. Hopefully it can be quickly up if already burned.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: triangles on July 21, 2018, 02:12:50 PM
for burning problems that usually possess a token can be a good influence against the token price but in some cases it is sometimes it can actually cause the price down because some ico experience hacked at the moment want to burn as a token of their and it causes the token price even down


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: OneyZ on July 21, 2018, 02:20:36 PM
The companies burn their tokens for their own good i guess. They burn the tokens for the sake of getting higher price of the other tokens simply following the demand and supply rule and I think this is a good idea.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: zArow on July 21, 2018, 02:23:01 PM
Yes it is good for ICO and token. Because it increases the demand and thus makes opportunity to have more profit.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: TupMan007 on July 21, 2018, 02:36:33 PM
I hope you are right but in my opinion burning will help the project because of the law of supply and demand chain. I think if they never burn their unsold ICO then the price will go down when they are being listed in the market.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: SwagSpynx on July 21, 2018, 03:11:11 PM
Burning unused tokens is a very good thing for your project. Because the higher the quantity the lower the price and vice versa. So to increase the price this is a strategic method.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: Karisma Black on July 21, 2018, 03:15:09 PM
It's supposed to be.
Less coins should equal more value for each one.
But lately most of the tokens burns have ended up with the opposite result right after the burn. Look at tron or binance recent burns.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: chocopapaya on July 21, 2018, 03:15:24 PM
It's all about supply and demand, the more supply there is with little amount of investors and hodlers, the more likely the price will fall.

If you look at the market caps of the top 20, they are all very similar in value, but the price of their coin varies significantly.
This has a lot to do with max supply vs. circulating supply.

Imagine a country that has 1000 of it's money being used, but they have 10,000 in reserve.
Every now and then they release those to boost the economy.
However, as more and more get distributed, the overall value of the currency actually becomes more dilluted.
It's inflation really.

Another reason why companies do this is to try and keep the ico price in tact when going to market.
It's a measure to protect their early investors and is much appreciated.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: Nagibator007 on July 21, 2018, 03:18:59 PM
Of course, this is definitely very good,as it will greatly affect the price may not immediately,but then 100%,as the product will become if in the future demand,and the number of tokens will be limited,the price of it will fly up


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: carlisle1 on July 21, 2018, 03:23:10 PM
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.

Yes of course,because if this remaining tokens will still exist in circulation the posibility of prices to grow good is very little,since the value relies on the volume of every coins or tokens .so burning the unsold tokens or coins will give opportunity to the existing portion to grow and pumo


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: ivanleon on July 21, 2018, 03:25:56 PM
Another option, when, for example, the remaining unsold tokens are distributed to investors, and too generously, this should raise suspicions that the price of the token will collapse greatly when entering the exchange and mass drain of assets. So burn - it's better, should positively play on the price of the coin.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: creeps on July 21, 2018, 03:27:46 PM
I hope you are right but in my opinion burning will help the project because of the law of supply and demand chain. I think if they never burn their unsold ICO then the price will go down when they are being listed in the market.
If there is not enough supply in the market, expect the price to go higher so i think burning token is a good idea for every project. But the value of that token is not guaranteed to pump, because it will still depend on their technology. Don’t expect the value of a specific token to pump right after they burn the unsold token.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: Dayx on July 21, 2018, 03:35:46 PM
as far as i know, burning the unsold token on ICO is really needed for investor's trust. so that many investor who doesn't join the ICO would interested to invest. many of investors afraid the token would be manipulated by selling the unsold token on market for their own profit.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: genset88 on July 21, 2018, 03:54:26 PM
I think it's good for investors. The price of the token depends on the supply and demand. If they minimize the supply, token value may be higher than before. Burning unsold token also ensures transparency of the project.



Title: Re: Is burning of unsold tokens is good for ICO????
Post by: jmix2018 on July 21, 2018, 03:57:48 PM
My question is very simple " Is burning of token really helps ptoject????".
Yes, it makes the supply lesser to enforce the demand higher.
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.
Apply the law of supply and demand so if you think that doesn't help the project, it's your opinion and everyone has their own points too.

 Youre right guys its depend on thete demand and apply to the law supply it will make it for highest price on trade market  right??


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: VogueaNON on July 21, 2018, 04:03:45 PM
Of course it is good. Because burning the unused tokens is a witty way to keep the value of the tokens. It increases the demand along with value.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: Mark13 on July 21, 2018, 04:04:57 PM
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.

Yes, burning of unsold tokens will lessen the supply and will largely affect the demand in the market. It is an strategy used by most project nowadays. It affects the circulating supply of token or coins.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: godraphael on July 21, 2018, 04:09:47 PM
Burning of unsold token is absolutely good for a project. It increases the value of that token. When unsold tokens a burnt, it reduces the supply of that coin hereby causing an increase in the demand of that particular coin which automatically brings an increase in price in the long run.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: ityandsyn on July 21, 2018, 04:14:55 PM
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.

     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.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: yslyv on July 21, 2018, 04:20:53 PM
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.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: Nicol3 on July 21, 2018, 04:26:30 PM
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.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: RGMan on July 21, 2018, 04:28:37 PM
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.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: judaspriest on July 21, 2018, 04:31:04 PM
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.


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.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: sinachy on July 21, 2018, 04:31:34 PM
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


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: baeva2 on July 21, 2018, 04:35:44 PM
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.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: mriansa on July 21, 2018, 04:38:16 PM
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.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: BITcoinJuniorMB on July 21, 2018, 05:45:56 PM
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.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: whyrqa-1 on July 21, 2018, 05:53:24 PM
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.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: Hanebel on July 22, 2018, 02:48:45 AM
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.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: melamiras on July 22, 2018, 11:08:56 AM
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.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: Welckomtome on July 22, 2018, 11:10:01 AM
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


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: Welckomtome on July 22, 2018, 11:10:51 AM
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


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: Binmado on July 22, 2018, 11:14:10 AM
Yes. Maybe locking the card will help the market price increase, so it will be good for the tokens, not dumping.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: Kasabus on July 22, 2018, 11:15:43 AM
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.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: noneedmoney on July 22, 2018, 11:16:24 AM
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.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: Sowik on July 22, 2018, 11:23:42 AM
Burning the unsold tokens is the only logical thing to do. I wouldnt participate in an ICO that would not burn the unsold tokens.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: jingyu27 on July 22, 2018, 11:27:24 AM
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


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: coinpedia240 on July 22, 2018, 12:49:20 PM
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.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: CrimsonGT on July 22, 2018, 12:50:57 PM
I suppose it is a good option, so you will not be scared of the increased supply of the unsold token and it allows to fix the price level of the fixed tokens, which will be better in the future for the investors.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: itssawai on July 22, 2018, 12:52:01 PM
Yes burning tokens actually more helpful than distributing or airdropping those tokens to holders or investors, Burning will make supply smaller and thus there will be less number of tokens and value of each token would increase.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: raddish on July 22, 2018, 12:53:37 PM
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.

Yours might be one strategy they migh have in mind. To me the burning of un-sold tokens will indirectly make their coins seem to be more valuable which is good for those holding their coins. Whats more is that if after the ICO their coin demand is very high which will again make the coins more valuable.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: nik9990 on July 22, 2018, 01:59:00 PM
If the creators plan to develop their product further and work on it, then this is correct.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: Ucy on July 22, 2018, 08:36:09 PM
If lots of money is in circulation in a country, the money loses value. OR if a country produces lots of chickens the prices of chickens will be cheap.

Same principle applies to tokens.   It is probably why unsold tokens are destroyed.. Am not very sure though.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: galekov0302 on July 22, 2018, 08:42:02 PM
Yes, burning helps the project a little, for example, to increase the price of the token,


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: Luckycoins999 on July 22, 2018, 09:27:17 PM
I think Yes it will help the projects because this make supply less and increase the demand it is an actually economics theory when the supply is decreasing that time Demand will be increasing. So I think it will help the entire projects.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: Gaggy185 on July 22, 2018, 09:35:25 PM
Generally, in ICOs campaigns, Token after the sale phase, if not sold, the project owner will burn to serve the development of those ICOs. This is perfectly normal and very good for the ICOs project in the later development. Thus burning the unsold Token is perfectly reasonable.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: Beazerdred on July 22, 2018, 09:40:30 PM
The fewer tokens exist, the higher the price of the token. Burning tokens can only affect the price. It seems to me that this is a good option because such actions all will be left to the advantage both the development team and the buyers of the tokens. And I do not see any other variants of the development of events if I do not destroy the remaining tokens, then what to do with them and to whom?


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: beckspace on July 22, 2018, 09:41:45 PM
There is no strict rule that burning unsold coins is good for every project. In some projects, this boosts token value, but it does not work on some projects. The project and the team must develop their work on the project.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: blozo on July 22, 2018, 09:45:21 PM
Yes it is usually a good sign of a well managed ICO. If unsold tokens are put in some kind of fund or something it is not good for investors...


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: myigitcoin on July 22, 2018, 09:58:40 PM
I think it is good to small investors and bounty hunter but for long term token burn damage project potantial. if I am holder I dont interested in token burn. if team has good project dont worry it will be succesful


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: imapd on July 22, 2018, 10:15:40 PM
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.
As far as I know and also it seems logic that burning of the unallocated tokens is increasing the price of the rest of tokens because the total supply is decreasing by doing that, but I'm not an expert so I can be wrong.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: somebadger on July 22, 2018, 10:21:35 PM
Yes of course, because that is going to reduce the total circulating supply, and by this way, the price will likely go up after that token burn, and that is good for all the investors, But it also depends on how the project is going


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: political1907 on July 22, 2018, 10:24:59 PM
Yes it's good. Because when unsold tokens are burnt, value of tokens in your hand naturally increases. And investors have won at the beginning of the road.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: gandhe83 on July 22, 2018, 10:30:26 PM
There is no strict rule that burning unsold coins is good for every project. In some projects, this boosts token value, but it does not work on some projects. The project and the team must develop their work on the project.
Exactly. There are no strict rules that burning unfinished coins is good for every project. It needs a systematic cycle that follows the process. Then you can sell ICO, ...


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: nemey on July 22, 2018, 10:31:22 PM
I think that burning the token unsold from ICO relates to the token supply. It will make the token supply lesser so that someday, it can help the token to have higher value easier. However, not all expectation occurs. sometimes, even they burnt the token, their price is still difficult to rise. This also depends on market. But, burning is still better than letting the tokens unsold there.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: Harriti on July 22, 2018, 10:35:24 PM
If it's not good so I don't think there is any project will wanna burn their unsold token anymore :). It make total supply amount decrease that mean price will increase that why there are so many ICO project choose burning to make their token price rise higher although a good coin like BNB is also burned a lot :)).


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: masterzino on July 22, 2018, 10:36:51 PM
Burning unsold tokens is very good and I think that is necessary, because the number of unsold tokens can harmful for the prices from one side and can be used to manimupale the price from other side. The unsold tokens are pulling the price back and hurt the investors.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: liseff3 on July 22, 2018, 10:55:51 PM
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.

A number of tokens that aren't produced will usually fight inflationary flows. And along with this the developers apply the burning process to each of its transactions. This thing was done to prevent the existence of spam transactions and in practice will not only prevent attacks but will also reduce the number of tokens. With the existence reduction in the number of tokens surely it can trigger a stable demand therefore the token price will certainly increase.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: The Crypto Peasant on July 22, 2018, 10:57:17 PM
Burning any unsold tokens being a good thing can be completely dependent on what countries regulation the token sale is abiding by.

due to all the new regulations coming through "token burns" are looked at as a negative thing to the monitoring security agency. when you "burn" tokens you a decreasing supply and increasing demand, therefore implying at a greater reward for investment, this is deemed as a security by most. So if the said token is deemed as a security and does not lodge the correct paperwork and register as a security then there are problems.

there is a few ways around this, instead of burning said tokens, move them to a 'commodities fund" to help onboard people to the platform later on.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: Rrtt on July 22, 2018, 11:01:13 PM
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.
In my simple opinion, burning of tokens will lessen the supply thus making the token's value to go high. I have seen this in situation wherein they burned token and later the token's price appreciate. Just don't know if it is applicable to all situation.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: retnoanjani on July 22, 2018, 11:08:38 PM
I think it's good because it can affect the amount of supply in the market when the price of demand rises then the price tends to go up anyway. Price movements will be relatively faster.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: OmarGsPools on July 22, 2018, 11:12:14 PM
Usually the burning of tokens that aren't sold during ICO gives a positive result in terms of increasing the value of tokens and the favorable result is reflected because the supply of tokens has decreased.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: TomArayaSlaya on July 22, 2018, 11:12:28 PM
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.
Is not really a bad idea to burn man i mean sometimes it might help increase token price once it hits exchange and there is a high demand for it in the market


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: Pamahaw on July 22, 2018, 11:22:27 PM
Usually the burning of tokens that aren't sold during ICO gives a positive result in terms of increasing the value of tokens and the favorable result is reflected because the supply of tokens has decreased.
It is obvious that if they burn tokens the supply will of course decrease. Is it mandatory to all the ICOs to burn unsold tokens? What if they will not burn the unsold ones, does it have effect on the project?


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: coinholic on July 22, 2018, 11:28:04 PM
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.
Check the articles in the links below. These will give you a general concept on the effect of burning unsold tokens. Basically, the idea of burning tokens is good and very beneficial for investors and users/holders. You will know how and why in these links.

https://www.forbes.com/sites/eidoo/2017/11/29/token-burning-and-other-crypto-jargon-simplified/#78c148e54c4b

https://ethereum.stackexchange.com/questions/34788/why-are-unsold-tokens-burned-after-ico


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: vrabac68 on July 22, 2018, 11:50:08 PM
Yes thats one of the good thing about ICO because it has great affect on the future price because of the limited supply. But you should always research so many things of the ICO beside burning tokens like the team and their website,their usecase in the future,mvp,roadmap etc....


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: GFE on July 22, 2018, 11:52:22 PM
Overall burning of unsold coins is good. It support coins price. So it will be good for investor anyway. Also it is rather usual practice for ICO


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: danggoron on July 22, 2018, 11:58:10 PM
Yes, it is very influential to control the number of coins in circulation. Based on my experience, after unsold tokens are burned, price movements tend to be faster and more stable.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: sussan on July 23, 2018, 12:05:11 AM
You may be right, but burning helps the price.
When supply is small and marketcap is good enough, then price or value increases, which I'm guessing is what investors really want. So yes, it helps


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: wumBowo on July 23, 2018, 12:15:03 AM
sure it's good, if they tend to keep the unsold token for future plans it's actually bring worry to the investors.
Hence, people might avoid the coins and this will bring the values of coins keep decreasing


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: Mianae on July 23, 2018, 12:29:06 AM
Yes it is good for the project. Token burn reduces circulating supply and as such propels high demand and when they is demand for a particular thing the price tends to go p. Not only this, token burn after ICO breeds more trust for such project. On a general note is a good course.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: republicrypto on July 23, 2018, 12:36:04 AM
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.

in my opinion, burning unsold token can be one from many ways to increase the token value,,
why,?
because burning unsold token is same as the project reduce the token supply, and this will make new demands with the token,
but, i see everyone here has a different view about this burning actions
regards


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: jahepahit on July 23, 2018, 12:41:45 AM
but not all ico will burn their unsold tokens, of course burning of unsold tokens is helpful because it reduces the total supply and that will make the token market price increase


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: docamvan1997 on July 23, 2018, 12:47:20 AM
Tokens are the way to get money from investor. When they finish their duty, they will be burned. The project can create other coins which will be used in their platform.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: mokong11 on July 23, 2018, 12:48:44 AM
For me its not good, burning of unsold tokens of an ICO make effect to the price of the token once it listed in exchanger. Because it means once the soft cap and hard cap of an ICO never reach it means they'll never achieve the target fund of their project so the price of token will change it will reduce the price. and for me thats the bad effect of burning unsold tokens.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: zalizoll on July 23, 2018, 12:49:30 AM
token burns "is seen as a negative thing to the monitoring security agency when you" burn "gives you a decrease in inventory and demand increases, because it implies a bigger reward for investment, this is considered as security by most.So if the token is considered as security and not filing the right documents.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: fakegurutu on July 23, 2018, 01:32:28 AM
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.

Burning of unsold tokens will help generate the price of the token to a higher value because the total supply for it was lessen and so the demand will rise. Although some will say that instead of burning, why not give to the investors. But for me. burning is the right way to do by those in ICO.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: Jonnitor on July 23, 2018, 01:42:01 AM
Yeah for me burning of unsold tokens is very beneficial, just like economics. Burning tokens means limiting the supply, thus making more demands would reflect high price.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: nicolas1979 on July 23, 2018, 01:53:50 AM
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.


Yes, because too many supply ( rest of coin ) than demand can make coin price go down. In this situation I agree with burning unsold token it will help coin rotation become more faster. I believe developer team have target and if reached they have enough fund to grow up their project, no need anything else. People with high skill and experience already prepare everything to face ICO risk. Don't worry about it, term and condition make to protect ICO system and users asset.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: Sihab76 on July 23, 2018, 01:58:03 AM
Yes i think it has a positive effect on ico because over loaded tokens decrease the tokens price and it dumping the whole marketing caps...


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: edsnowangel on July 23, 2018, 02:01:36 AM
burning of unsold TOKENS is great things to do if we follow the supply and demand principles

The HIGHER the SUPPLY and LESS DEMAND the LOWER the PRICE
The LOWER the SUPPLY and HIGHER DEMAND the HIGHER the PRICE


in short more  token can lessen the demands of the the coins and can lead to the low price
and the lesser that token supply can make the demands higher and can be lead to high price.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: FUD Expert on July 23, 2018, 02:50:47 AM
It always benefit everyone. The investors, the team and the bounty hunters will get the advantage out of it. We all want the price of the tokens that we have to rise in value and making it less in numbers makes it happen. I've witnessed a lot of burning of tokens and most of the time it fuels a large pump.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: suraniawan on July 23, 2018, 02:54:03 AM
If the plus point in my opinion is when the coins were not sold during the ICO in the burn, then cycle all its going to be able to walk in the market. Because if a coin does not sell, keep left to exist, it will make the coin became very cheap. And many coins which are not bought, even so these coins will not demand by many people. Because it is easy to get it.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: owmivmen on July 23, 2018, 02:57:48 AM
If it is not burned it will be misused by the team to make a dump price. many cases of falling prices due to the team sells unsold tokens on the exchange. the price drops and makes trader losses.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: sidneycrypto6 on July 23, 2018, 02:14:15 PM
Actually ICO projects, the unsold tokens are burned because this will create a temporary shortage of tokens in the market. As such, there will be an increase in demand of the token and the price of the token was subsequently increase. This is why the unsold tokens are burnt in ICO projects.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: vuwleyum on July 24, 2018, 03:06:52 AM
I think it is, on the grounds that consuming the unsold token will diminish its supply which prompts higher request. More financial specialist's request will bring the token to higher esteem. It makes the token more costly particularly when the group of the task are dynamic additionally in their stage makes it more significant and productive


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: jeruk nipis on July 24, 2018, 03:16:16 AM
This is a strategy of a team of developers. And of course already well matured, good or bad for the ICO project. If I support, because with this reduction, then the supply of coins became a bit, so prices became a fast rising. Although it is by burning this token, make price coins away from the price of the ICO. At least keep it running only it's been good.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: melander81 on July 24, 2018, 03:17:11 AM
In my opinion, having a coinburn does not always have a great effect on the project. Unless if it is something that really has a good demand and burning the supply has sense. Like for utility tokens, it would be best to burn them once used. Coinburn seems to always appeal as being directly proportional to increase in price, but this still depends on those who actually want to buy them.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: braddozie on July 24, 2018, 03:23:19 AM
Burning of unsold tokens after ICO is a value booster for that particular token.
There are many cases of them that has done well so far like the binance bnb coin


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: Rimon365 on July 28, 2018, 09:57:03 AM
Yes I think it is good for ico. It increase the tokens price increase. If it does not, the price of tokens is very low.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: TooDumbForBitcoin on July 28, 2018, 10:04:37 AM
Burning of unsold tokens after ICO is a value booster for that particular token.
There are many cases of them that has done well so far like the binance bnb coin

This is not a strong rule. I know many projects that burn unsold tokens but price of their tokens actually didn't get any positive effect


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: vaniy-stepanovich on July 28, 2018, 10:14:17 AM
It all depends on the project in which it happens. If in the initial plans of the team this is, then this is normal. If this was not foreseen in the road map, then this is already strange. If we analyze different projects, where there was a burning of coins, then we can conclude that this did not help them.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: Genjik on July 28, 2018, 10:17:44 AM
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.
if the token is burned, it does not always increase the financial, if it fails may cause a lot, dev can not compete with other coins, there could be a separate problem


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: batako on July 28, 2018, 10:19:36 AM
Burning the unsold tokens in my opinion is one of the best decision to make the supply and demand keep healthy. If the unsold tokens still available on the circulation then the supply will be higher and make the price moving down steadily.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: gabchuks on July 28, 2018, 10:21:58 AM
Yes of course burning unsold token can boast the token because it will reduce the total supply and sometimes helps boast the prize. Just like Genesis vision is a good example of it


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: luv2709 on July 29, 2018, 07:53:37 AM
positive effect on ico because over loaded tokens decrease the tokens price and it dumping the whole marketing caps.burning of unsold TOKENS is great things to do if we follow the supply and demand principles



Title: Re: Is burning of unsold tokens is good for ICO????
Post by: Notmine on July 30, 2018, 12:04:14 PM
Holders may feel that exists yet much space for risk-effective developments in most markets since some considerable business is still clear for new solutions.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: chadtn on August 14, 2018, 11:39:16 PM
In general, less total tokens = more demand and it's a good thing for the price.
But if a project will not deliver it doesn't matter.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: An0nyMoose on August 15, 2018, 01:08:15 PM
It can be good for the ICO as the burning of the unsold tokens means that the volume of the coins in circulation is reduced after the tokens are burned. This way they ensure that the unsold tokens are gone forever and the tokens in circulation are the ones that are being used by the investors. I think it is a good move when ICO burns out the unsold tokens, good for the coin and the project.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: boolean420 on August 15, 2018, 01:10:59 PM
For price burning of the token does help it, but to be sure that the development has enough funding or I would rather be happy if the developers would use the tokens to develop the coin. Paying for bounties, and marketing costs money too you know


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: Cwyaalim on August 17, 2018, 05:25:47 AM
The less tokens exist, the higher the cost of the token. Consuming tokens can just influence the cost. I can't help thinking this is a decent alternative on the grounds that such activities all will be left to the preferred standpoint both the advancement group and the purchasers of the tokens. What's more, I don't perceive some other variations of the improvement of occasions on the off chance that I don't pulverize the rest of the tokens, at that point what to do with them and to whom?


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: caisa88 on August 17, 2018, 05:49:31 AM
The price of the token would be cheaper if the team decided to just keep the tokens for them or if they would just distribute it as airdrop. So it's a good thing for the investors that the unsold tokens are burned at the end of the ICO.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: Likemuk on August 19, 2018, 02:15:33 PM
The less tokens exist, the higher the cost of the token. Consuming tokens can just influence the cost. I can't help suspecting this is a decent choice on the grounds that such activities all will be left to the favorable position both the advancement group and the purchasers of the tokens. Also, I don't perceive some other variations of the advancement of occasions on the off chance that I don't pulverize the rest of the tokens, at that point what to do with them and to whom?


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: joey alexander on September 28, 2018, 08:11:15 AM
There are various reasons for the burning the tokens, some of them are

Unsold ICO Coins : after ICO the unsold tokens go the company and they may sell off and make a profit out of it. In order to
avoid this and have a fair chance for both the company and token holders, the companies burn the unsold tokens.

Paying For Transaction Fees : For every transaction, a minor amount of token is burned.
By doing this, you pay for the transaction network instead of paying to a miner or any other third party.

Buyback : this is done through dividend payments.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: fastrabbit on September 28, 2018, 08:14:34 AM
Most of the time it limit the supply of coin to increase demand .Coin burn in cryptocurrencies means sending some of the coins of their cryptocurrency or some other currency to a public address from which those particular coins can never be spent because the private keys of such an address is unobtainable.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: fudster on September 28, 2018, 08:32:48 AM


I think so. The demand of the coin will be stronger when eventually the coins gets lesser and lesser. It will result to have higher value when those traders are going to bid to have more coins on their wallets. There are several teams that promise to burn tokens, one that I have invested a year ago was ICN. The team however fail to make the token useful which makes holders dump.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: Darker45 on September 28, 2018, 08:35:37 AM
Burning of tokens does not speak of any kind of actual development to the project itself nor to its product. However, it is still a very positive news because it means the team is not anymore holding a huge amount of tokens that they could dump anytime. Moreover, it also means the total supply of tokens is reduced, causing the remaining tokens to have the probability of acquiring more value.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: ereborltc on September 28, 2018, 08:36:09 AM
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 think that the ICO project burns unsold tokens, which helps to maintain the value of the token, rather than flooding it, causing the price of the currency to plummet.
In the RIPAEXA project in August, the team burned 5 million XPX tokens to ensure that the participating investors made a profit. Now the project is still in the crowdfunding stage.
https://tec.ripaex.io/


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: Thyaga on September 28, 2018, 08:37:58 AM
I think that the ICO project burns unsold tokens, which helps to maintain the value of the token, rather than flooding it, causing the price of the currency to plummet.
In the RIPAEXA project in August, the team burned 5 million XPX tokens to ensure that the participating investors made a profit. Now the project is still in the crowdfunding stage.
https://tec.ripaex.io/
If a project development team can see the opportunity, an unsold token they can make a bonus each week for the hodlers.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: babsjoe on September 28, 2018, 08:39:43 AM
ICO have the right to adjust the supply of their token in a way that benefit the project and the investors! Burning unsold token automatically reduce the supply which makes the existng token valuable!


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: cbIpok on September 28, 2018, 08:41:09 AM
It definitely contributes to the price positively. As the total supply decreases, the value of coins you have will increase. But instead of burning unsold tokens, some ico's choose to distribute them to the investors.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: DikkieD on September 28, 2018, 08:54:40 AM
I see everybody replying that it is about supply & demand and that a lower supply has a positive effect on this.

However. What is a lower supply? I mean, if a 200m project sells only 100m tokens in token sale rounds and of those tokens 60m are actually sold, then 40m will get burned, which leaves 160m total. However, part of the untouched 100m often is sold to private investors, not included in main token sale. Rest of this 100m goes into development and team (among others).

So yes, supply is lower, but more tokens are in the hands of a few....and the ratio is becoming less and less favorable to invest in it anyway....and those people holding the 60m will want to sell.

I wonder if like ts said it is perhaps better to only burn a part, just for the sake of it (keeping investors happy). But keep a part for promotional activities. Maybe use if for high volume (real volume) exchanges, or to attract more investors?

There currently are quite a few projects that became a dumping ground simply because most of the tokens were in the hands of private investors.....how's that for supply and demand :)


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: paulscathedral on September 28, 2018, 09:08:31 AM
Serious investment funds will never invest in a project that will keep all unsold tokens. They can be up to 80%. It puts at high risk the price of a token and opens new opportunities for the manipulation of the price. That's why to burn unsold tokens are the best choice.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: natsu01 on September 28, 2018, 09:17:52 AM
I think it can be good for the investors, the number of their tokens purchased are still the same but the price will vary, the supply of those tokens become lesser because of the burning of the unsold tokens. It is also good because there will not other people or organizations buy those unsold tokens, for the reason that the token sale is already finished.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: Thesaintplague on September 28, 2018, 09:30:42 AM
It definitely contributes to the price positively. As the total supply decreases, the value of coins you have will increase. But instead of burning unsold tokens, some ico's choose to distribute them to the investors.

Sometimes they are distributing unsold tokens to whitelisted investors, and sometimes airdrop it for the community. I am not sure that this is the right idea because it greatly affects the final price of the token on the exchange.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: bit..what? on September 28, 2018, 09:44:18 AM
Burn unsold token is good for a ico and for the investores.
The smaller the total amount of tokens, the higher the price can rise.
But still, there is no guarantee that the price really rises.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: edsnowangel on September 30, 2018, 05:12:38 PM
Burn unsold token is good for a ico and for the investores.
The smaller the total amount of tokens, the higher the price can rise.
But still, there is no guarantee that the price really rises.

it is good for the token community and investors right because imagine the supply and demand principle it is simply like that

the lesser the supply and higher the demand the higher the price
the higher the supply and lower the demand the lower the price.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: Cocoincos on September 30, 2018, 05:26:20 PM
if team honestly will burn unsold tokens - it good, thats mean that project is serious, now it  rare, too much scam last time


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: vandeam on October 01, 2018, 09:09:02 AM
Usually if project can not take a hardcap all not traded tokens are burned because they do not belong to anyone.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: Malam90 on October 01, 2018, 09:21:03 AM
Burning unsold tokens after ICOs is good for price inflation of the tokens rather than holding unsold tokens by the team. It reduces the circulating supply and total supply also. It is the strategy of the developers to evaluate their tokens to the investors and markets as well.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: Iyanu14 on October 01, 2018, 09:32:29 AM
Getting ride of unsold token is good for price of market it will reduce amount of tokens in circulation meaning the token will become scarce and if demand increase price shoot up.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: nianastasia62 on October 01, 2018, 09:35:27 AM
Think that Yes this is important ! As if the tokens were not sold all the best to burn them ! Less than the number the greater the price ! Demand creates supply !


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: 1mile on October 01, 2018, 09:46:35 AM
Burning unsold tokens after ICOs is good for price inflation of the tokens rather than holding unsold tokens by the team. It reduces the circulating supply and total supply also. It is the strategy of the developers to evaluate their tokens to the investors and markets as well.

True, I always feel uneasy whenever I hear unsold tokens wouldn't be burnt, can easily lead to manipulation.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: deevan on October 01, 2018, 09:47:14 AM
Yes, burning unsold tokens is always a good strategy of specific project & it benefits the ICO itself. By burning the ciculating supply of the token decreases & hence gradually increase the price of the token & demand. Many investors always are keen to know about the unsold tokens, if it is mentioned in the white paper that it will be burned it increases the trust of the project towards the investors.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: Amalker on October 01, 2018, 09:50:49 AM
Burning tokens often helps only to rise the price in short term and, as for me, it's just some kind of price speculation.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: Rati24 on October 01, 2018, 09:59:56 AM
It is better to burn the tokens after ico because the team can use them, thereby ensuring not the best price of the coin. Sometimes companies have a good team but a seo cheater and because of this a scam project happens. The team for the development of the project in the future and so provided for the tokens why they still have to give. And burning coins helps investors more and less influence the course for the better.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: prehisto on October 01, 2018, 10:00:46 AM
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.

it seems that you do not understand that those tokens have no absolute value or even similar value to fiat, which stays relatively stable .
If they do burn the tokens, the token value becomes less because there are more of them, thats it.

If you make more tokens it does not means that they value is the same. lol


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: popox on October 01, 2018, 10:42:48 AM
There are two sides of this question. Firstly, it solves the problems of so big amount of tokens, but secondly they could be used in the more useful way.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: clipto on October 01, 2018, 12:20:55 PM
Yes it helps. Imagine if the total supply is 100 million tokens and you sold 50 million during the ICO for a price of 1 USD. The unsold tokens are burned, so the total supply is now 50 million tokens. If the market is green, and people are ready to invest in alts, the demand should grow, which will be followed by the price increase.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: kendra1107 on October 01, 2018, 01:05:54 PM
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.
Burning of coins/tokens/cryptocurrencies does help in a way. Basically, burning cryptos will lessen the supply which in effect will increase the value of the remaining tokens. This is quite beneficial especially for investors.

You can check the link below for more info.

https://www.investinblockchain.com/why-burn-cryptocurrencies/


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: Robert de Crypto on October 01, 2018, 01:34:33 PM
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.

My answer is 50:50. Reduce the supply of coin or token it does not meter to increase the price automatically. so many factors defend on. Marketing, advantages, market sentiment etc. all them will be affected to the price itself.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: Chom_ on October 01, 2018, 01:52:21 PM
I think it is very important, in addition to see how supply token, of course to prevent the developer fraud in market, as if the absence of combustion token not sold, developers have the rest of the token that can be sold in the market with arbitrary


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: Diablesfunis on October 01, 2018, 01:57:06 PM
Of course it's good, burning unsold token means there's less token in circulation and that will make each token worth more than before. The downside is when there's great demand for the token or the token will be used by a lot of people then it will be hard to scale if they don't want to create new contract. If the team don't want to burn unsold token then I think it is a good decision to lock the token for several years so that It won't disrupt the price in near future.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: Psec on October 01, 2018, 02:02:56 PM
Yes, burning unsold token is good for a project. First it increases the confidence of the project investors about the sincerity of the team thereby making some of them to hold the token for sometime. With burning, the market value of the token also tends to increase because its total supply has been reduced.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: Boybugwal760820 on October 01, 2018, 02:11:37 PM
Yes I really think that burning of unsold token is good for that certain ICO because limited number of tokens will surely help improve the tokens market value when all of those tokens will be listed on exchange markets.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: apyong on October 01, 2018, 02:17:59 PM
yes it is good for an ico to burn some unsold tokens to reduce the token supply and to make the circulating supply reduced. to make the price higher the supply should be less so that the demand will be higher. basic economics is working in the crypto world.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: Luthfiyaaa on October 01, 2018, 02:22:12 PM
depending on ico's sales, if it's still far from softcap or hardcap, I think burning tokens that aren't sold is a good idea, because it can reduce the supply of tokens and maybe attract investors to invest again, because if they supply coins a little and can reach hardcap because some in burn, it can increase the price if the coin goes into the exchange.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: RobotNIK on October 01, 2018, 02:26:15 PM
In general, if a project burns not sold tokens, then this is very good, because there is less risk that in the future the project itself will manipulate the price of this coin!


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: coinbirds on October 01, 2018, 05:12:16 PM
It depends what is the token supply and how much of it  you burn.
For example if you have large supply like $100 billion and burn 2 % it will not have a big impact.
In principle burning unsold tokens reduces the supply and and with increased demand it should cause the price of the tokens up. Burning tokens is a transparent and fair way of dealing with the unsold tokens.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: valek.bruno on October 01, 2018, 05:13:35 PM
Of course, this is very good, because the tokens will be destroyed, which in the end should have a very good effect on the quantity, which in the end should raise the prices of existing projects, I think it will be right.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: sanacaks on October 01, 2018, 05:21:10 PM
Ofcourse it will give more value on your coins. Burning the coin is decreasing the total supply, so you will have less coin on market to buy. After reducing the supply if you can able to create a demand for your token, then you are in :) Without demand of token, burning will not work well indeed.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: BitcoinTurk on October 01, 2018, 05:31:08 PM
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.

Of course, the incineration process will be reflected in the price positively. I would like to remind you that the price is determined depending on the number of supply of existing products in the market. To give an example, a token of billions will be processed at a price level of just as much as 0.0xx, but millions of products (crypto coins) can be easily traded at price levels like 0.xxx. If we look at the event with a straight logic, we can comfortably say that the price will increase when token burn. Of course, in the case of permanent burns, the price will not increase day by day, but if the trust of the investor is lost, the price will reach to the bottom.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: nutriagrigia on October 02, 2018, 05:05:11 AM
I can not say for sure, because I have not seen the analytical data. Give them to me and I'll tell you whether it's profitable or not.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: Atang Sulaeman on October 02, 2018, 05:18:47 AM
all coins left from ICO sales are usually burned, among others, to reduce the amount
available and also to be able to maintain prices and to increase the price of coins in
the market, because with the fewest reserves and many people looking for it will
also increase for the price of coins.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: levyashin on October 02, 2018, 05:28:06 AM
Of course they are good.

Market cap is the only important thing. Think about it, if 10m dollars market cap with 1000 token or 10000 token. 10x difference for the price of a token.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: ui_zakharchenko on October 05, 2018, 06:57:32 AM
I think this is a technical benefit. Even if we consider this in terms of analysis, then who exactly are you going to increase the part, if you do not remove these coins.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: RoftheN on October 06, 2018, 11:51:45 AM
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.
It is good as burning of the coins help to reduce the volume of the coins being circulated. With less volume, there is a higher chance of the price of the coin to go up quicker which makes it a win win for everyone. Also with burning of the coins you can be sure that the coins are gone and they do not belong to anyone just because they were not sold


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: edsnowangel on October 08, 2018, 01:42:10 AM
I think this is a technical benefit. Even if we consider this in terms of analysis, then who exactly are you going to increase the part, if you do not remove these coins.


yes and some believe that there will be a big impact in the price like the supply and demand  principle right? because if the supply is less and the demand is high it will pump


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: NerdYale on October 08, 2018, 01:47:12 AM
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 it really depends on the project that the ICO is developing. Yes it is true that burning coins can lad to a more expensive coin because of less supply. But if you really plan to utilize those coins in the future, you should think that you will need enough coins. So whatever the value for now, it could still rise up if it is utilize to full potential even without burning.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: mcnocon2 on October 08, 2018, 02:39:49 AM
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.
Yes burning of tokens really help in the price of the coin. It decreases the supply and at the same time the price will increase because of the decreasing on price. Selling the tokens on the exchange is not an answer, there are so many sellers or dumpers who wants to sell their coins so the best thing you can do is to counterpart, you must support the buy orders.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: carlzhao on October 09, 2018, 10:51:11 AM
Yes, it increases the price of left tokens and ICO's losses are minimized with its help. It is a good decision I am sure because it is logic and must be done.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: aldorexxx on October 11, 2018, 09:56:07 AM
Unsold tokens bring a lot of losses and this move is right to be done to avoid the lack of stability in the future. I am sure that it is very useful for ICOs.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: Holla123 on October 11, 2018, 10:12:53 AM
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.

Investors are looking for a limited token supply. If you only sell 50% of your tokens but 100% of tokens planned for sale are going into circulation, it will water down the price for investors. Technically a token burn does not cause any problems on the supply side as most tokens work with enough decimals. In my ideal world a specific % of all token used in a project get burned, regularly decreasing the supply of the token supply. There is only winners in that. I do not know of any project who has problems because of a low token supply.

Investors hat it, if you dont burn unsold tokens. Example for that is LOCI. Many potential investors held back as they did not burn unsold tokens.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: elitemobb on October 11, 2018, 11:08:21 AM
Of course, yes, see burning tokens contributes to the stabilization of the price of a token or its enormous growth and this is a positive phenomenon for any project so I think that every project should do so that its investors do not go into the minus because the price at which the tokens were purchased for sale never matches prices on exchanges


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: Gabmot on October 11, 2018, 11:16:08 AM
My question is very simple " Is burning of token really helps ptoject????".
Yes, it makes the supply lesser to enforce the demand higher.
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.
Apply the law of supply and demand so if you think that doesn't help the project, it's your opinion and everyone has their own points too.


Words of wisdom! I think you are right buddy! Imagine if the supply ends up being much than the demand, then the project have stands to lose. Cos no real value will eventually come on any coin that fails to master. Hence, I believe it's a great strategy to deploy as per projects struggling to reach hardcap.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: Sab11 on October 11, 2018, 11:23:13 AM
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.
Yes instead the team sell it in exchanger better to burn it, burning the unsold token will help the team to make the project become better because the lesser supply the higher demand, so the price will increase, so the team will get a fund to sustain in the project.


Title: Re: Is burning of unsold tokens is good for ICO????
Post by: leviathon on October 12, 2018, 06:05:27 PM
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.
It can be good for the coin but it depends on how you look at it because if you are burning the unsold tokens then that means that you are taking out a pretty good amount of the coins out of circulation which means less people have the opportunity to have the coin. It can also be good because less volume would mean more scarcity and better prices