So what happens if not all of the tokens are claimed from the @PeerPlays ICO?!

The above screenshot is from the current state of https://www.peerplays.com/crowdfund/ which is where you can go to claim your @PeerPlays tokens (PPY). If you cannot read the text due to it being too small, right click the image and click "view image."


So I found myself wondering

"So what if all of the tiers don't sell out? What happens to the remaining tokens? Are the distributed equally to the ICO investors? Do they go to the Devs? Are the sold on the market? Are they killed, removed from circulation, unminted, sacrificed?"

before I bit the bullet and invested into the @PeerPlays ICO. Currently there are 18 hours remaining for the ICO and they're roughly half way through tier 2 of 4, so chances are, there are going to be quite a few "unsold," tokens from the ICO once the timer hits 0. This creates quite the interesting scenario that I had to dig deeply to figure out.

I watched many interviews, read many blog posts, articles, the whitepaper, etc. and couldn't really get my question answered. So I googled a bit and came across the massive BitcoinTalk thread. This is where my question was answered by Jonathan Baha'i, President of the @Peerplays Blockchain Standards Association (PBSA), as you can see below, note the highlighted areas:



This post is located at https://bitcointalk.org/index.php?topic=1462351.msg18952217#msg18952217 If you cannot read the text due to it being too small, right click the image and click "view image."

So that confirms what happens to the "unsold," PPY tokens. They're "unminted," as Jonathan said, which leads me to believe that they are killed, sacrificed, removed from circulation.

This creates a very interesting scenario. This would mean that the total amount of PPY tokens in existence/circulation is significantly reduced, thus making the PPY token THAT much more scarce, which in turn would naturally raise the demand, potentially driving up the price significantly since scarcity breeds higher valuation.

Another thought that I had after finding out that the unsold tokens would be "unminted," is that if those tokens are out of circulation or "unminted," does that also mean that the token holders would get a larger share of the daily payouts since the unsold tokens are gone, or would those out of circulation/unminted tokens be paid a share of the wagers, but simply be wasted in limbo? I also wondered how they will go about "unminting," them?

So what do you guys think about these ideas? What are your theories? Are you invested? Why or why not?

Thank you very much for reading!!!

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