To encourage the sustainable enlargement of its sharing economic system, World Cellular has introduced the official launch of a token buyback program. World Cellular Treasury will purchase its native utility token, World Cellular Token (WMT), on the open market underneath the token buyback program. On Might 29, the primary redemption occurred.
Individuals in World Cellular’s sharing economic system who’ve helped create and implement its industry-leading cellular options will obtain incentives by the token buyback program. After commencing business providers within the East African nation earlier this 12 months, token purchases are being funded by income from its community operations.
World Cellular’s objective is to construct a cellular ecosystem that’s extra equitable, sustainable and offers customers better management over their information and community infrastructure. The token buyback program is a element of World Cellular’s long-term plan to realize this ambition and ship worth to its prospects and sharing economic system gamers.
As extra income is created after buyer onboarding, buyouts are anticipated to extend in worth and frequency as World Cellular expands into Africa, Asia and the USA.
