[IEO] Hiway - Platform Explanation & IEO Announcement

[Getadaaa]

Right. All of the ICOs /project burn the unsold tokens. And that's the right way to do it. No point in giving additional tokens to the investors.

I dont believe that the project will issue more tokens like this. This will lead to huge dumping when it is listed.

You’re right. Token burn or lock up is a better option. Few amount of WAY tokens in circulation would mean more valuable WAY tokens.

[1714669489]

1714669489

[gee777]

Someone asked about Hiway unsold tokens. I think they’ll be distributed in percentage to anyone who participated in the tokensales.

Is this true? I thought unsold tokens will be burnt as like other projects. What is the necessity to go for high liquidity?

The team hasn't given any update as regards how the excess tokens would be disbursed, but they would certainly not distribute it to the participants of the tokensale. At best it would be burnt to increase the value of the tokens.

Token burn has been the norm with tokens left after token sales. It’s preferable since it leaves less tokens in circulation and more value to available tokens

With tokens been burned it helps to prevent dumping and as you have said with this way it adds value to the available circulated tokens

I was surprised he mentioned that they plan on distributing percentages of the unsold tokens to participants of the token sale. That will create an avenue for dumping of the tokens at first listing.

Why do you think this will lead to people dumping? By distributing the unsold tokens to ICO investors, they just lower the average price per token they paid.

Most people invest in what they believe will bring in profit. Some long term and some short term. Only a few really believe in the project. So imagine we have more short term investors here and then they get free percentage of the unsold tokens. Immediately they list, they go on to sell that portion given to them for free and thereby causing the price to drop. After all they got it for free.

It will be more profitable to the team performing an airdrop or a marketing campaign.

[Pricebrianer]

If for some reason, you needed an easy option to liquidate your WAY tokens, you can do that on IDEX. WAY tokens are ERC-20 tokens. You could sell using Hiway smart contract.

[ning_aric]

The first time I heard about Hiway blockchain project, I kinda thought it was a blockchain project for cars. But it’s totally different. More like a Hiway for jobs. Lol

[Kinkadeinspired]

Someone asked about Hiway unsold tokens. I think they’ll be distributed in percentage to anyone who participated in the tokensales.

Is this true? I thought unsold tokens will be burnt as like other projects. What is the necessity to go for high liquidity?

The team hasn't given any update as regards how the excess tokens would be disbursed, but they would certainly not distribute it to the participants of the tokensale. At best it would be burnt to increase the value of the tokens.

Token burn has been the norm with tokens left after token sales. It’s preferable since it leaves less tokens in circulation and more value to available tokens

Right. All of the ICOs /project burn the unsold tokens. And that's the right way to do it. No point in giving additional tokens to the investors.

As much as I understand what you mean, it will interest you to know that token burn does not always increase the value of a token. Although it is supposed to, but I have seen projects which didn't increase in value after the burn, the best some even do is increase value in the days leading to the day of token burn.

[Corleone100]

Someone asked about Hiway unsold tokens. I think they’ll be distributed in percentage to anyone who participated in the tokensales.

Is this true? I thought unsold tokens will be burnt as like other projects. What is the necessity to go for high liquidity?

The team hasn't given any update as regards how the excess tokens would be disbursed, but they would certainly not distribute it to the participants of the tokensale. At best it would be burnt to increase the value of the tokens.

Token burn has been the norm with tokens left after token sales. It’s preferable since it leaves less tokens in circulation and more value to available tokens

With tokens been burned it helps to prevent dumping and as you have said with this way it adds value to the available circulated tokens

but the team has said All the remaining,unsold tokens will be divided among people who have purchased them..so some extra % in the future but currently exact percentage they have not decided may b in coming days will get updates

I’m not sure I came across any update like that on any of their social media platforms. Please if you can share a link carrying such information

[Mrcharles]

The first time I heard about Hiway blockchain project, I kinda thought it was a blockchain project for cars. But it’s totally different. More like a Hiway for jobs. Lol

The HIWAY truly sounds like a car project, but it's not, rather it's a freelance platform that would be providing its users part time jobs on a flexible basis and bringing the employees to meet with the employers, it's actually a meeting point for the employer and employees.

[rendravolt]

The first time I heard about Hiway blockchain project, I kinda thought it was a blockchain project for cars. But it’s totally different. More like a Hiway for jobs. Lol

The HIWAY truly sounds like a car project, but it's not, rather it's a freelance platform that would be providing its users part time jobs on a flexible basis and bringing the employees to meet with the employers, it's actually a meeting point for the employer and employees.

In fact, this will be a plus for Hiway, sharing with each other about freelance is something that creative workers really want, all of them feel profitable.

[jumiapaul]

Someone asked about Hiway unsold tokens. I think they’ll be distributed in percentage to anyone who participated in the tokensales.

Is this true? I thought unsold tokens will be burnt as like other projects. What is the necessity to go for high liquidity?

The team hasn't given any update as regards how the excess tokens would be disbursed, but they would certainly not distribute it to the participants of the tokensale. At best it would be burnt to increase the value of the tokens.

Token burn has been the norm with tokens left after token sales. It’s preferable since it leaves less tokens in circulation and more value to available tokens

Right. All of the ICOs /project burn the unsold tokens. And that's the right way to do it. No point in giving additional tokens to the investors.

As much as I understand what you mean, it will interest you to know that token burn does not always increase the value of a token. Although it is supposed to, but I have seen projects which didn't increase in value after the burn, the best some even do is increase value in the days leading to the day of token burn.

The trading value of a project is derived from dividing the coin market with the total tokens in circulation, this implies that the value of the tokens would directly increase if more tokens are burnt and documented.

[Sozialtourist]

Someone asked about Hiway unsold tokens. I think they’ll be distributed in percentage to anyone who participated in the tokensales.

Is this true? I thought unsold tokens will be burnt as like other projects. What is the necessity to go for high liquidity?

The team hasn't given any update as regards how the excess tokens would be disbursed, but they would certainly not distribute it to the participants of the tokensale. At best it would be burnt to increase the value of the tokens.

Token burn has been the norm with tokens left after token sales. It’s preferable since it leaves less tokens in circulation and more value to available tokens

With tokens been burned it helps to prevent dumping and as you have said with this way it adds value to the available circulated tokens

I was surprised he mentioned that they plan on distributing percentages of the unsold tokens to participants of the token sale. That will create an avenue for dumping of the tokens at first listing.

Why do you think this will lead to people dumping? By distributing the unsold tokens to ICO investors, they just lower the average price per token they paid.

Most people invest in what they believe will bring in profit. Some long term and some short term. Only a few really believe in the project. So imagine we have more short term investors here and then they get free percentage of the unsold tokens. Immediately they list, they go on to sell that portion given to them for free and thereby causing the price to drop. After all they got it for free.

It will be more profitable to the team performing an airdrop or a marketing campaign.

They didn't get them for free. They paid for them in the ICO. For example: They buy tokens for $100 and get 100 tokens. In this case, the price in the ICO would have been $1 per token. If unsold tokens get distributed amongst investors they would then get maybe 200 tokens instead of 100, bringing the average price per token down to $0.5. So, in theory, the price on the exchange shouldn't drop below these 50ct (otherwise investors would sell with a loss).

I don't really understand the problem you see here. Huge bonuses are what causes the prices to dump and also Airdrop-tokens (which are completely free!) tend to get dumped by most of the participants asap.

[nwosuchristabe2]

If for some reason, you needed an easy option to liquidate your WAY tokens, you can do that on IDEX. WAY tokens are ERC-20 tokens. You could sell using Hiway smart contract.

It wouldn't be beneficial to liquidate ones holdings on way tokens. The project is yet to commence and the value would be ridiculously low now. I'm certain the only way tokens on circulation would be from bounty hunting and other promotions which must have been done by the team before now.

[charlop24]

Why do you think this will lead to people dumping? By distributing the unsold tokens to ICO investors, they just lower the average price per token they paid.

Your view is understandable, but that has a multiplier effect on the number of tokens in circulation which would inversely affect the price of tokens, I guess you still remember the economic principle of demand and supply which states that the higher the supply, the lesser the price.

[jumiapaul]

We are still anticipating the teams decision to give the community an update as it relates to the recently concluded tokensales and to keep the community abreast with the issues surrounding the funding or funds raised during the event.

[Mrcharles]

Someone asked about Hiway unsold tokens. I think they’ll be distributed in percentage to anyone who participated in the tokensales.

Is this true? I thought unsold tokens will be burnt as like other projects. What is the necessity to go for high liquidity?

The team hasn't given any update as regards how the excess tokens would be disbursed, but they would certainly not distribute it to the participants of the tokensale. At best it would be burnt to increase the value of the tokens.

Token burn has been the norm with tokens left after token sales. It’s preferable since it leaves less tokens in circulation and more value to available tokens

Right. All of the ICOs /project burn the unsold tokens. And that's the right way to do it. No point in giving additional tokens to the investors.

As much as I understand what you mean, it will interest you to know that token burn does not always increase the value of a token. Although it is supposed to, but I have seen projects which didn't increase in value after the burn, the best some even do is increase value in the days leading to the day of token burn.

Cryptocurrency is a volatile asset and as such you don't consider the short-term implications of a decision taken, rather you consider the long term implications. Burning of excess tokens has a long term implications because of the value in circulation would be reduced and there would be lower amounts of the project competing for whatever funds is available in the project.

[Anilbg]

Someone asked about Hiway unsold tokens. I think they’ll be distributed in percentage to anyone who participated in the tokensales.

Is this true? I thought unsold tokens will be burnt as like other projects. What is the necessity to go for high liquidity?

The team hasn't given any update as regards how the excess tokens would be disbursed, but they would certainly not distribute it to the participants of the tokensale. At best it would be burnt to increase the value of the tokens.

Token burn has been the norm with tokens left after token sales. It’s preferable since it leaves less tokens in circulation and more value to available tokens

Right. All of the ICOs /project burn the unsold tokens. And that's the right way to do it. No point in giving additional tokens to the investors.

As much as I understand what you mean, it will interest you to know that token burn does not always increase the value of a token. Although it is supposed to, but I have seen projects which didn't increase in value after the burn, the best some even do is increase value in the days leading to the day of token burn.

Cryptocurrency is a volatile asset and as such you don't consider the short-term implications of a decision taken, rather you consider the long term implications. Burning of excess tokens has a long term implications because of the value in circulation would be reduced and there would be lower amounts of the project competing for whatever funds is available in the project.

I know burning tokens will not increase the value of tokens. But there is no use of giving away unsold token. This is like inviting dumping and crashing the value of tokens.

[Zurcermozz]

We are still anticipating the teams decision to give the community an update as it relates to the recently concluded tokensales and to keep the community abreast with the issues surrounding the funding or funds raised during the event.

Surely the team is taking an update to their project huh. Guess they are doing something to make the project seems better. Also the token sale, we need a update on this one.

[Lizcrypto]

Someone asked about Hiway unsold tokens. I think they’ll be distributed in percentage to anyone who participated in the tokensales.

Is this true? I thought unsold tokens will be burnt as like other projects. What is the necessity to go for high liquidity?

The team hasn't given any update as regards how the excess tokens would be disbursed, but they would certainly not distribute it to the participants of the tokensale. At best it would be burnt to increase the value of the tokens.

Token burn has been the norm with tokens left after token sales. It’s preferable since it leaves less tokens in circulation and more value to available tokens

With tokens been burned it helps to prevent dumping and as you have said with this way it adds value to the available circulated tokens

but the team has said All the remaining,unsold tokens will be divided among people who have purchased them..so some extra % in the future but currently exact percentage they have not decided may b in coming days will get updates

I personally didn't see that update, please where was the update given, was it on telegram or this thread, because I can't remember seeing such anywhere. If the team sees that as a good option for the project, then that's cool.

well yes it was on telegram,where i have raised the question regarding unsold token  despite of  seeing people discussing about burning token I myself couldn’t find those  answers anywhere so here is the link https://t.me/hiwaycommunity/19385

[AngelJoshua]

Someone asked about Hiway unsold tokens. I think they’ll be distributed in percentage to anyone who participated in the tokensales.

Is this true? I thought unsold tokens will be burnt as like other projects. What is the necessity to go for high liquidity?

The team hasn't given any update as regards how the excess tokens would be disbursed, but they would certainly not distribute it to the participants of the tokensale. At best it would be burnt to increase the value of the tokens.

Token burn has been the norm with tokens left after token sales. It’s preferable since it leaves less tokens in circulation and more value to available tokens

With tokens been burned it helps to prevent dumping and as you have said with this way it adds value to the available circulated tokens

I was surprised he mentioned that they plan on distributing percentages of the unsold tokens to participants of the token sale. That will create an avenue for dumping of the tokens at first listing.

Why do you think this will lead to people dumping? By distributing the unsold tokens to ICO investors, they just lower the average price per token they paid.

Yeah we can consider it as a bonus but not all the investors are really thinking about the long run. Some of them are just like buying on the sales then waiting even a little profit before they dump their holdings.

[olohifie]

Someone asked about Hiway unsold tokens. I think they’ll be distributed in percentage to anyone who participated in the tokensales.

Is this true? I thought unsold tokens will be burnt as like other projects. What is the necessity to go for high liquidity?

The team hasn't given any update as regards how the excess tokens would be disbursed, but they would certainly not distribute it to the participants of the tokensale. At best it would be burnt to increase the value of the tokens.

Token burn has been the norm with tokens left after token sales. It’s preferable since it leaves less tokens in circulation and more value to available tokens

Right. All of the ICOs /project burn the unsold tokens. And that's the right way to do it. No point in giving additional tokens to the investors.

As much as I understand what you mean, it will interest you to know that token burn does not always increase the value of a token. Although it is supposed to, but I have seen projects which didn't increase in value after the burn, the best some even do is increase value in the days leading to the day of token burn.

Cryptocurrency is a volatile asset and as such you don't consider the short-term implications of a decision taken, rather you consider the long term implications. Burning of excess tokens has a long term implications because of the value in circulation would be reduced and there would be lower amounts of the project competing for whatever funds is available in the project.

Exactly! I wonder why it's difficult for zomebody to understand that. It's simple economics that apply here. The higher the supply (through bonuses) the lower the deman and then the price will fall and vice versa. Until otherwise proven, burning is the best approach

[Kinkadeinspired]

Someone asked about Hiway unsold tokens. I think they’ll be distributed in percentage to anyone who participated in the tokensales.

Is this true? I thought unsold tokens will be burnt as like other projects. What is the necessity to go for high liquidity?

The team hasn't given any update as regards how the excess tokens would be disbursed, but they would certainly not distribute it to the participants of the tokensale. At best it would be burnt to increase the value of the tokens.

Token burn has been the norm with tokens left after token sales. It’s preferable since it leaves less tokens in circulation and more value to available tokens

With tokens been burned it helps to prevent dumping and as you have said with this way it adds value to the available circulated tokens

I was surprised he mentioned that they plan on distributing percentages of the unsold tokens to participants of the token sale. That will create an avenue for dumping of the tokens at first listing.

Why do you think this will lead to people dumping? By distributing the unsold tokens to ICO investors, they just lower the average price per token they paid.

Most people invest in what they believe will bring in profit. Some long term and some short term. Only a few really believe in the project. So imagine we have more short term investors here and then they get free percentage of the unsold tokens. Immediately they list, they go on to sell that portion given to them for free and thereby causing the price to drop. After all they got it for free.

It will be more profitable to the team performing an airdrop or a marketing campaign.

They didn't get them for free. They paid for them in the ICO. For example: They buy tokens for $100 and get 100 tokens. In this case, the price in the ICO would have been $1 per token. If unsold tokens get distributed amongst investors they would then get maybe 200 tokens instead of 100, bringing the average price per token down to $0.5. So, in theory, the price on the exchange shouldn't drop below these 50ct (otherwise investors would sell with a loss).

I don't really understand the problem you see here. Huge bonuses are what causes the prices to dump and also Airdrop-tokens (which are completely free!) tend to get dumped by most of the participants asap.

Insightful! I was also of the opinion that distribution of unsold tokens will affect the value of the token until I stumbled on your explanation. Truly, investors will have that mentality that they didn't get it for free unlike airdrop participants.