What does this mean exactly? I see a lot of smart contracts that burn tokens, extra tokens, etc..why would a company burn their tokens? What is the purpose and as investors how do we view that as positive or negative? Please reply.
Simply defining that unsold tokens would be burn out which it does really shows transparency on a certain project and as an investor you would really be confident enough that devs dont have those unsold tokens from their bags which means less risk on losing out money yet the tokens not being sold is being burned which means price dumping and manipulation wont really happen and i do treat this thing as a assurance and its common to see out into project that they do done this thing after ICO, unsold tokens should always be burned.