World Mobile – a mobile network built on blockchain technology, will be launching a token buyback scheme to aid the sustainable growth of its sharing economy. The entity’s treasury will purchase its native utility token WMT from the open market and distribute rewards to its ecosystem’s participants. According to a press release seen by CryptoPotato, the organization has already executed such a buyback on May 29. The program mainly focuses on leading contributors who have supported the network’s development. The network’s primary goal is to establish a sustainable mobile ecosystem where customers can earn revenue and have increased ownership over data and infrastructure.
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