You are viewing a single comment's thread from:RE: Cyber-FM: Best Radio Network for Promoting Independent ArtistesView the full contexttcode53 (46)in #cyberfm • 6 years ago I just wish a coin burn was in place to increase the token value.
I just wish a coin
Burn was in place to increase
The token value.
- tcode53
I'm a bot. I detect haiku.
You should also consider that a coin burn does little to no good. in fact, it only benefit short term holders who don't care at all for the project.
But even in future, the token value would be higher as there would be less supply. Yes it benefits short term, but also long term.
You should note that these are utility tokens, which would be needed payments of royalties and many more, therefore it doesn’t make much sense to burn the tokens.