Animoca Brands officially supports the Tower ecosystem through the Token buyback program.

Web3 Gaming is considered a dynamic and essential field to drive the on-chain economy's development. The buyback of TOWER Tokens aims to demonstrate the company's commitment to this ecosystem.

MAIN CONTENT

  • Animoca Brands accompanies the Tower ecosystem.

  • Launch the buyback campaign for TOWER Tokens on the open market.

  • Web3 Gaming plays an important role in the on-chain economy.

What has Animoca Brands declared about the Tower ecosystem?

Representatives of Animoca Brands emphasize supporting the development of the Tower ecosystem by implementing the TOWER Token buyback program.

Yat Siu, co-founder and Executive Chairman of Animoca Brands, stated that they officially support Tower and are committed to buying Tokens on the open market to enhance the ecosystem's value. This is the first step in a long-term development plan to promote the explosion of Web3 Gaming.

We are here to publicly announce support for the Tower ecosystem, the first step is to start the buyback of Tokens on the open market. The Web3 gaming sector is very dynamic and crucial for the development of the on-chain economy.
Yat Siu – Co-founder & Executive Chairman of Animoca Brands, 5/8/2023, via social network X

Why is Web3 Gaming important for the on-chain economy?

Web3 Gaming is the industry that integrates blockchain technology into gaming, promoting interaction and on-chain transactions.

This industry is not only growing rapidly but also creating many new economic opportunities through the issuance of Tokens, NFTs, and on-chain trading. The importance of Web3 Gaming is clearly demonstrated by the active participation of leading companies, contributing to liquidity and sustainable development of the cryptocurrency ecosystem.

How is Animoca Brands' Token buyback campaign expected to impact?

This campaign focuses on the buyback of TOWER Tokens to maintain price stability and reinforce market confidence in the Tower ecosystem.

Buying Tokens on the open market not only increases liquidity but also promotes interest and investment from the community. This is a strategic move supporting the long-term development of the ecosystem and contributing to elevating Tower's position in the Web3 Gaming industry.

Frequently Asked Questions

How does Animoca Brands support the Tower ecosystem?

The company is executing the buyback of TOWER Tokens on the open market to strengthen the ecosystem and the value of the Token.

How does Web3 Gaming contribute to the on-chain economy?

This industry promotes on-chain transactions, creating many economic opportunities and sustainable growth for the cryptocurrency ecosystem.

What impact does the Token buyback have on the TOWER price?

Helps stabilize and enhance the value of Tokens, building trust for investors and users.

What is the significance of the move from Animoca Brands?

How does the Token buyback affect the community?

Increase investor interest and participation while boosting liquidity for the ecosystem.

Source: https://tintucbitcoin.com/tower-token-sap-mua-tren-thi-truong/

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