I was reading about the AIR token ICO and they mention that they minted 1.491 billion tokens and burned 8,507,442 tokens. Why not just mint an even 1.5 billion tokens and distribute them evenly among the people who bought the token? Or why not just mint the 1.491 billion and just never create the 8.5 million?
I get that if you mint all the coins ahead of time then what's variable is how much they're worth but you can sell them all. If there's a set price, then you can mint the coins after the ICO ends. Either of these approaches wouldn't require burning tokens.
What am I not getting?