Is burning of unsold tokens is good for ICO????

[edsnowangel]

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.

[FUD Expert]

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.

[suraniawan]

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.

[owmivmen]

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.

[sidneycrypto6]

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.

[vuwleyum]

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

[jeruk nipis]

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.

[melander81]

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.

[braddozie]

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

[Rimon365]

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.

[TooDumbForBitcoin]

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

[vaniy-stepanovich]

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.

[Genjik]

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

[batako]

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.

[gabchuks]

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

[luv2709]

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

[Notmine]

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.

[chadtn]

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.

[An0nyMoose]

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.

[boolean420]

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