Bitcoin Forum
June 14, 2024, 07:38:09 AM *
News: Voting for pizza day contest
 
   Home   Help Search Login Register More  
Pages: « 1 2 [3]  All
  Print  
Author Topic: What happens to the unsold token?  (Read 400 times)
Kocret02
Sr. Member
****
Offline Offline

Activity: 1176
Merit: 250


Enterapp Pre-Sale Live - bit.ly/3UrMCWI


View Profile
April 30, 2018, 10:36:15 PM
 #41

if dev and team can be sportive and do not manipulate usually unsold coins will be burned, this is used to stabilize the sold coin and there is no monopoly element of coin available.

█████████████████████
█████████████████████████
█████████▀▀▀▀▀▀▀█████████
██████▀███████████▀██████
█████▀███▄▄▄▄▄▄▄███▀█████
████████▀▀▀▀▀▀▀▀▀████████
█████████████████████████
█████▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄█████
█████████████████████████
██████▄███████████▄██████
█████████▄▄▄▄▄▄▄█████████
█████████████████████████
█████████████████████
██████████
██
██
██
██
██
██
██

██

██

██

██

██████████
 
CRYPTO WEBNEOBANK
██████████
██
██
██
██
██
██
██

██

██

██

██

██████████
▄▄███████▄▄
▄███████████████▄
▄██████░░░░░░░░░░███▄
▄████▄▄███████▄▄░░░██▄
▄█████████████████░░░██▄
████░░▄▄▄▄▄▄▄▄▄░░░░░░░░██
████░░██████████░░░░░░░██
████░░▀▀▀▀▀▀▀▀▀░░░░░░░░██
▀█████████████████░░░██▀
▀████▀▀███████▀▀░░░██▀
▀██████░░░░░░░░░░███▀
▀███████████████▀
▀▀███████▀▀
papagapa
Member
**
Offline Offline

Activity: 392
Merit: 11


View Profile
May 02, 2018, 10:56:17 AM
 #42

It is not leading to affect anything about the price or money that was put in. The coin burn might appear if there is not much investors and supporters. It is a bit affecting the tendency to go up higher, but this is only it.
Nikola282828
Member
**
Offline Offline

Activity: 219
Merit: 11


View Profile
May 02, 2018, 11:00:18 AM
 #43

If the ICO project has been launched, and is not a Scam, it means that the tokens( and some part of them) were sold, because they are invested in, so think for yourself. And if you do not one sold they will not be allowed on the exchange because their pricing will be = 0.
GSTremor
Newbie
*
Offline Offline

Activity: 70
Merit: 0


View Profile
May 02, 2018, 11:03:19 AM
 #44

Usually, unsold tokens are burned after the end of token sale. I am just curious, why does the investors and bounty hunters frequently ask this question if they know already what will happen to the unsold token?
In addition, why does the unsold tokens are burned? Will if affect the volume or market cap of a coin?

I acknowledge every opinion.
This issue has already been discussed, only with bitcoin. The question was of such a plan "what happens to bitcoin, which is lost. Lost access to the wallet or something." Answered so "there is nothing To worry, as the value of the lost bitcoins is distributed among the remaining bitcoins."It doesn't happen automatically or something, just, over time, when the turnover happens without bitcoin, the value of the rest increases.
Official_StorePlex
Newbie
*
Offline Offline

Activity: 8
Merit: 0


View Profile
May 02, 2018, 11:05:26 AM
 #45

I think a lot of people like having less coins in circulation as they feel that it can increase the price as there's less coins around, although in reality it doesn't make too much impact once they are burned until later down the line. Not only that, but if those tokens are unsold something has to be done with them so burning makes the most sense as otherwise the team have more tokens then they originally allocated to themselves so it all comes down to trust.
Chuokie
Newbie
*
Offline Offline

Activity: 113
Merit: 0


View Profile
May 02, 2018, 11:08:20 AM
 #46

I think it is also good for unsold token not to be burn, but instead put on cloud storage, since just in case this coins bloomed like but not totally like as BTC did, then they can mine it using miners, right? Since this is kinda wasteful when the coin flew to the moon.
taiwww
Sr. Member
****
Offline Offline

Activity: 588
Merit: 257


View Profile
May 02, 2018, 11:09:22 AM
 #47

Usually, unsold tokens are burned after the end of token sale. I am just curious, why does the investors and bounty hunters frequently ask this question if they know already what will happen to the unsold token?
In addition, why does the unsold tokens are burned? Will if affect the volume or market cap of a coin?

I acknowledge every opinion.

Thats not the case. I mean the coins are not always burnt and also if this is going to happen or not is always mentioned in the whitepaper or announcement.

If they are not getting burned then they will be most probably be available for the purchase in the later stages when the coins are circulated.

Burning affects the market positively because whenever they are burned it means nothing but the increased demand of that specific coin. Thus the prices rise for the same.
icalical
Sr. Member
****
Offline Offline

Activity: 1372
Merit: 268


Graphic & Motion Designer


View Profile WWW
May 02, 2018, 11:58:43 AM
Last edit: May 02, 2018, 12:36:05 PM by icalical
 #48

There are some case when ICO distribute the unsold token to their team and mostly to the company board, it is to support the liquidity (I think). But most of the time the unsold token/coin is burned. Why it is burned? It is simple supply and demand rule, when the total supply is less, the company hopes to increase the demand

AlGovorov
Newbie
*
Offline Offline

Activity: 75
Merit: 0


View Profile
May 02, 2018, 12:28:55 PM
 #49

I think he's just priceless and remains walking at the network, who produced the acquired debris in your wallet, well, I imagine so imagine it.
Harribel03 (OP)
Newbie
*
Offline Offline

Activity: 99
Merit: 0


View Profile
May 04, 2018, 10:59:53 AM
 #50

Usually, unsold tokens are burned after the end of token sale. I am just curious, why does the investors and bounty hunters frequently ask this question if they know already what will happen to the unsold token?
In addition, why does the unsold tokens are burned? Will if affect the volume or market cap of a coin?
If the team wanted to create n number of tokens it is possible and thereby unlimited money, we need to have a transparent vision of the team and as an investor we need to know what they are planning to do with the rest of the coins, i do not want to invest in a project where they could chunk out unlimited coins and inflate the market with it and if they have a vision they would know what they are doing and a transparent answer to the maximum number of coins in existence.
Thanks for your time in answering my newbie question! I think you are also right. It means that, it is for the sake of the investors to know how they will do to the unsold tokens. It is favorable also for the community to have a limited supply where we can assure that the price will have the potential to grow up. Now I understand! I think few knowledges more and I will become ready to be an investor.
Surrapatt
Sr. Member
****
Offline Offline

Activity: 1078
Merit: 250



View Profile
May 04, 2018, 11:06:38 AM
 #51

it's natural that the investors or the bounty hunters ask that because they're afraid that dev sells a token in high quantities that will make the price go down, which I know that's what they're afraid of.
labake
Member
**
Offline Offline

Activity: 308
Merit: 15


View Profile
May 04, 2018, 11:14:59 AM
 #52

Base on experience, some team of developers airdrop unsold tokens to the community or distribute it as bonus on all their investors portions of purchases on perscentage basis but commonly it is used to be burnt. For the burning, it usually affect postively in most cases because it would reduce the number of total supply in market and this really have great impact on the token price. #justmyopinion
winspiral
Legendary
*
Offline Offline

Activity: 1778
Merit: 1026


Free WSPU2 Token or real dollars


View Profile WWW
May 04, 2018, 11:15:23 AM
 #53

it's natural that the investors or the bounty hunters ask that because they're afraid that dev sells a token in high quantities that will make the price go down, which I know that's what they're afraid of.

I will keep up offering unsold WSPU2 through my faucet and like we can see it the free token are expensiver than the token from the ICO.

Quote
Total WSPU2pts earned: 1020.85843383
Total pending dollars earned: 0.32011121
Total claims: 724
WSPU2pts price in dollar: 0.00287


We see:
$0.00287 within the airdrop faucet.

We know:
$0.001 through the ICO.

It is hard to believe that this will deacrise the WSPU2 price of the token on the ETH blockchain.
Ok...one has to trust the token creator...but if the price is so high on the airdrop faucet it means that the people trust...if not they would not buy so much over the ICO price.

MISS_nSTASSY
Full Member
***
Offline Offline

Activity: 392
Merit: 105


Vena.Network


View Profile
May 04, 2018, 11:20:02 AM
 #54

Sometimes these tokens got burned at the end of the token sale as you have mentioned. But it happens not always.
If tokens are burned, it may increase the price of every token if the product will get interest from the market. Otherwise it will be coin with miserable trading volume which will never reach coinmarcetcap.
But sometimes unsold tokens being distributed to private offerers. For example the price of token is $1 but these buyers with a lot of money can buy coins for $0.1 and it will be private so nobody sees these actions. And then it is normal to sell till $0.2 for them, they will gain huge profit even if the price is under ICO Wink

‾‾‾‾‾‾‾‾‾       WhitePaper       ‾‾‾‾‾‾‾‾‾       Vena Network       ‾‾‾‾‾‾‾‾‾       Announce       ‾‾‾‾‾‾‾‾‾
―――――       Luoshu Agreement - an Open Agreement For Asset Financing and Tokenization       ―――――
‾‾‾‾‾‾‾‾‾      Telegram    ‾‾    Github    ‾‾         Join Our Bounty         ‾‾    Twitter    ‾‾    FaceBook      ‾‾‾‾‾‾‾‾‾
diorthotis
Newbie
*
Offline Offline

Activity: 330
Merit: 0


View Profile WWW
May 04, 2018, 11:20:11 AM
 #55

I think tokens are lame status. If anyone can make an token, who cares?

Hey look I made a token called liteshares!

https://wallet.crypto-bridge.org/asset/LITESHARES/
Harribel03 (OP)
Newbie
*
Offline Offline

Activity: 99
Merit: 0


View Profile
June 24, 2018, 12:59:29 PM
 #56

Usually, unsold tokens are burned after the end of token sale. I am just curious, why does the investors and bounty hunters frequently ask this question if they know already what will happen to the unsold token?
In addition, why does the unsold tokens are burned? Will if affect the volume or market cap of a coin?

I acknowledge every opinion.
You are literally asking questions which are obvious,of course the less supply the coin has the more potential value that it can have that is why these ICOs are burning their tokens,i am not going to explain any further how but the main purpose is,so their investors are going to have good returns from their tokens.
I do not literally asked the question sir! It is my own way just to know about the unsold tokens because it was a confusion in my mind since I am newbie in cryptocurrency. I believe that there is no bad in verifying some thoughts in our mind specially if we are new in anything.
Pages: « 1 2 [3]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!