burning token

[culuuton]

Burning of token usually help in reducing the total supply of such token and when the supply is reduced and demand is high it leads to increase in value of token. so i may not be wrong to say that burning of token helps in increasing its value.

This rule only applies if the token has at least some value. If this token is of no value you can burn them all.

If the token isn't valid, they won't think of burning. So it definitely has a certain value. The long-term price increase still depends on the usefulness of the coin.

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[ttcsalam]

I often read and heard about burning tokens that were not sold when the ICO project was finished, I also knew that by burning the rest of the token was a strategy so the price of the token didn't fall, but if the DEV and the team didn't burn it was a crime? is there a requirement that the remaining unsold tokens must be burned?

You have discussed a beautiful topic. Because of this, coins cannot be sustained in the market. And ordinary investors lose their capital. That extra token must be destroyed.

[Natalim]

Of course it is necessary to burn tokens if their project is not sold out, but we have to ask the team to have specific evidence, if the good team they will tell us all, and if the project is bad they cried but tokens that were not sold out are still there for what purpose, only coughing will know.

They should provide evidence that is accessible to everyone, prior to the token sale, its already indicated that any unsold tokens should be burn so the total supply will be just the total sold tokens which I think the right thing to do. Developers are selling a lot of tokens to cope up the demand in the market but since its not guaranteed that all offered tokens for sell be sold out, that's where the burning of coins happened.