that is a good concept for token price appreciation. i hope it will work as intended, but i'm sure it will. Devs have surely put a lot of thought into this system
I am not very clear with this burning process. Please explain me. If I buy 100 tokens in ICO. Later if i wish to transfer 100 tokens to my secure wallet MEW (MyEtherWallet), Do I have to pay transaction fees of 30%? Does it mean that I will loose 30 tokens straight away?
After the end of ICO withdrawal of HKN token will be available in orderbook and it doesn't have any transaction fee on transferring in listed exchanges or any ERC20 compatible wallet like MEW.
The 30% service fee will only affect HackenProof platform not the investors token.