Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Domithra on October 17, 2018, 03:09:15 AM
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Most ICO team with good expertise choose to burn all unsold tokens. Every project or ICO has a road map and coin allocation. The coins allocated for ICO if not unsold must be burned in order to stay focus on the plans on the road map. Airdropping unsold coins only lead to the further dumping of the coin because receivers begin to sell the airdrop coins each time they receive them.
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yes maybe I will save it and wait for someone to buy it even though there are people who want to buy it cheap I will keep selling because if it is burned just like that right baby
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Most ICO team with good expertise choose to burn all unsold tokens. Every project or ICO has a road map and coin allocation. The coins allocated for ICO if not unsold must be burned in order to stay focus on the plans on the road map. Airdropping unsold coins only lead to the further dumping of the coin because receivers begin to sell the airdrop coins each time they receive them.
It makes sense for them to be destroyed, to be honest I'm not a huge fan of limited supply ether tokens for currency use. I guess it's a great way to collect funds for future projects, but the connection between successful business and successful coin is not really there. I think someone should create crypto shares platform, to be used only with ICO, and some sort of dividends on success, so they can stop calling these ether tokens currency.
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I think also burn the tokens is the best way for prevent future dumpings and that is the good sign for investors also. Because some icos decide to take these tokens or store these tokens for future usings etc. But that can seems bad for investors. Burning is the best way.
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the total supply of coins affects the trading volume, if the ICO project burns unsold coins, it will reduce the amount of supply, I think this is good for investors. but if we see coins like doge, this coin has a large supply, but the price is fixed stable.
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So true. I agree with your opinion. Burning is the best way that must be done by users or owners of unsold tokens. So that when it is burned it will not press the price in the future, so the token price can be stable and traders, especially investors, don't need to worry about Dumping that will happen in the future.
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I think the best way is to burn the remaining unsold tokens. The purpose of this burning is to help in coin regulation. This will avoid the excess cryptocurrency that will cause a price drop.
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In my opinion, I think that burning unsold tokens is a good idea because it controls the supply and demand of such token. When the supply is high, then the demand is low and so as the price decreases. For me it is a good thing to have control over the supply because it gives the tokens greater value in the future.
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I have another reason not to burn them, even though unsold tokens will definitely be interesting when our project grows. Holding a token is good enough with a new strategy, the roadmap is still run according to the work of each developer team. then the unsold tokens can be made a second sales phase by attracting new investors. I am sure that if the project continues to run, investors at the first sale are also increasingly convinced that the project is serious for growth.
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Burning the coins is a good solution as far as I concern. However airdropping them for a couple of years to the holders can also be an option. That would increase the attention to the coin.
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Burning them is logical. I have seen some projects do an airdrop before the token sale ends. The intention is probably to attract potential investors without having to burn their tokens.
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I think, for bounty coins or results from unsold airdrops, rather than fulfilling the main wallet. I will make a backup wallet to store unsold coins / tokens. I will continue to save it, because we don't know what will happen with these tokens. who knows in another time the token has a high value, and is worth selling.
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Firstly, before burning a coin yo need to think wisely. Is the community of that project really enough to sustain he coin until its reach its target? If yes, burning I allow to maintain steady movement of he market, but if No, leave it for future airdrop and bounty so as to attract the audience
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I think that bruning the coins or tokens when they are unsold is the right choice. It is done to eliminate some negative influences in the future especially about the token supply. If the it lets the tokens not burnt, it will influence the token supply that drives the price in the market will be very fluctuating. Big token supply will affect to the cheaper prices on the market.
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So that when it is burned it will not press the price in the future, so the token price can be stable and traders, especially investors, don't need to worry about Dumping that will happen in the future.
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Most ICO team with good expertise choose to burn all unsold tokens. Every project or ICO has a road map and coin allocation. The coins allocated for ICO if not unsold must be burned in order to stay focus on the plans on the road map. Airdropping unsold coins only lead to the further dumping of the coin because receivers begin to sell the airdrop coins each time they receive them.
I think You should save all unsold tokens. Maybe at the future It will have the value.
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Most ICO team with good expertise choose to burn all unsold tokens. Every project or ICO has a road map and coin allocation. The coins allocated for ICO if not unsold must be burned in order to stay focus on the plans on the road map. Airdropping unsold coins only lead to the further dumping of the coin because receivers begin to sell the airdrop coins each time they receive them.
Yes, I think that's right. I also agree with your opinion. by burning unsold tokens is the best way that must be done by users or owners of unsold tokens. So that when it is burned it will not suppress the price in the future, so the price of the token can be stable and traders, especially investors, do not need to worry about Dumping that will occur in the future.
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Yes I agree with your statement too. The unsold token must be burned out and if the company wanna do the airdrop at least dont airdrop all of the unsold token or some portion of the unsold token can be locked and be used for next usage or for next event.
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I better save the unsold tokens. Because I want the token, the price will be high again. so I saved it and I didn't know how long I saved it. What is clear is that I will sell the price. At least it benefits me personally.
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Burning tokens after ico is finished is a good idea, reducing the supply of tokens and providing many opportunities for the price of tokens to rise again, because if they do not burn unsold tokens, the token will probably be saved according to the road map.
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I agree to burnt is the solution to minimize the possible dump and maximize the potential to pump. The value of the token must increase level by level so that there will have much bigger world to start and improve by the team.
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I think unsold tokens should be well decided on what to do to them, many Team promise to burn the unsold tokens but at the end they keep them, I feel all unsold token should either be burned of Locked for some years.
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I agree that need to burn all the tokens that were not sold or at least leave some part for the marketing or something else that will be able to promote the project in the future.
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I think it's a better idea for unsold token is to burn it. Burning some tokens help the price not to go down because of the dumpers, people will stay to hold if the supply of a token will decrease.
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I think also burn the tokens is the best way for prevent future dumpings and that is the good sign for investors also. Because some icos decide to take these tokens or store these tokens for future usings etc. But that can seems bad for investors. Burning is the best way.
Yes, I agree with your opinion. that burning unsold tokens is the best way for users or owners of tokens to do. So when it is burned it will not suppress prices in the future, so the price of tokens can be stable and traders, especially investors, do not need to worry about Dumping that will occur in the future.
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Most ICO team with good expertise choose to burn all unsold tokens. Every project or ICO has a road map and coin allocation. The coins allocated for ICO if not unsold must be burned in order to stay focus on the plans on the road map. Airdropping unsold coins only lead to the further dumping of the coin because receivers begin to sell the airdrop coins each time they receive them.
I think You can hold it and wait, Until the tokens have the price. It is my opinion.
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In almost every ICO I participated in the option of distributing the unsold tokens to investors was the reason the price dropped dramatically. Now some will say it is the same for investors because having 10 Tokens worth $10 is the same as having 20 Toeksn worth the same value, but what most people did not see is that the huge drop in price from the initial price is a bad image for any project, also people that did not join the ICO will probably not gonna have this kind of information and all they gonna see in ICO sites is the initial price of the Tokens during ICO and they will compare that with the current price.
The best practice will be to just burn them, it will add more value to the Token, and will make the supply of Tokens less.
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I hope there will be a features or option of the Ethereum wallet where we can hide those useless tokens or coins on our wallet instead of showing it there.
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burn all unsold token is best way i think
that way also can give more value to token / coin that still alvailable
another option u can make event like airdrop
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Most ICO team with good expertise choose to burn all unsold tokens. Every project or ICO has a road map and coin allocation. The coins allocated for ICO if not unsold must be burned in order to stay focus on the plans on the road map. Airdropping unsold coins only lead to the further dumping of the coin because receivers begin to sell the airdrop coins each time they receive them.
Having the option to burn tokens allows the owners to control the supply of their tokens. The amount of tokens in circulations affects a lot the price of the token..
So some people might be more willing to invest knowing that the unsold tokens will not end up in the pockets of the owners and that those unsold token will be burned which has good chances of raising the price of the token.
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The best way to solve the issue of unsold token on the ICO projects is to burn all the token that was not sold during the ICO or the main sale.