help? BURN THE TOKENS!! Why???

[Darkmachine]

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.

[RGBKey]

Burning tokens or coins can have a number of purposes. Historically, coins/tokens of one type have been burned to acquire tokens of another type, which gives value to the new token.

Tokens being burned could also be to effectively increase the value of all other tokens in the ecosystem.

[drmarcobelli]

When some ICOs don't hit their hard cap, they will burn the not sold tokens so it doesn't just flood the market or something.
If some don't do that, pretty much want to keep for them self.

[BTCforJoe]

Burning tokens generally mean that it's a show of good faith on the developer's part. As @drmarcobelli mentioned, whatever that hasn't sold in the ICO phase is best burned to show transparency, rather than sit in a bag that looms over the investors' heads. This ensures that the value of the coins that were purchased during the ICO are at the maximum, with little risk of the coin devaluing itself when the markets flooded with dev coins that weren't burned.

[PDNade]

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.

Burning of extra tokens helps Devs to increase the price of the token and they need it to less the supply and If their ICO didint reach the soft cap or hard cap they burning some tokens and It makes investors more supportive.

[carlfebz2]

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.