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.
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