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RE: eosDAC burns $56 million worth of tokens....what does this mean for you?

in #eosdac7 years ago

Team eosDAS have big heart to burn $56 million worth token. They showed great character. may be the move is inevitable for their business. It gives transparency and to remain in business you show a lot of character. from simple economics point of view their token price will be high without considering the other fact like they send the coins to the invalid address(it may damage their repute)