Currently 8.5 million tokens out of from 60 million total has been sold and we might expect a few more till the end of the ICO (March 5th). There will be about 51.5 million unsold tokens then.
So what did Devs decide to do with these unsold tokens?
They have concluded that they will burn 60% of all the unsold tokens and redistribute 40% of them proportionally to all investors. For example: if you bought 500 DANs, you will receive new tokens proportionally to your initial investment. Great news for investors.
Will this be a good idea of redistributing even just 40% od the unold tokens? Why they dont burn ALL unsold tokens? I think this is more good move because it will have a good impact on daneel's price.
Agreed, I prefer it to be burned, since small investors waiting for hype after ICO and start dumping the price when it didn't meet their expectations. As for me, I don't care about the price at early stages at all, but their whining harms community health so badly. I'd like devs reserve this batch of tokens for further development, indeed this sphere allows to improve constantly the product and upgrade features and services.
Yeah, burning all unsold tokens is a better option, i believe.
But im willing to listen anuone from the team a further explanation of what will be the advantage of redisttibuting the portion of unsold tokens.
