To drive the long-term growth of the sharing economic system, World Cellular has introduced the official launch of its token redemption program. The World Cellular Treasury will buy its native utility token, the World Cellular Token (WMT), on the open market as a part of a token buyback program. On Could 29, the primary redemption passed off.
Members within the world cellular sharing economic system who assist develop and implement cutting-edge cellular options will obtain incentives by way of a token redemption program. Because the East African nation launched business providers this yr, token purchases are funded by revenues from community operations.
World Cellular’s purpose is to create a cellular ecosystem that’s fairer, extra sustainable and empowers customers to manage their knowledge and community infrastructure. The token redemption program is a part of World Cellular’s long-term plan to comprehend this ambition and ship worth to its clients and gamers within the sharing economic system.
As further income is generated after buyer adoption, the worth and frequency of redemptions is predicted to extend as World Cellular plans to develop throughout Africa, Asia and the US.
