đŠ Buyback Program:
OpenLedgerâs basically saying, âHey, weâre not just here to pump and dump.â Theyâre actually taking a chunk of their revenue (like, real money from actual business, not just vaporware hype) and using it to buy back $OPEN tokens from the market. Not some one-time PR stunt eitherâtheyâre planning to do this on the regular. The idea? Shrink the number of tokens floating around, jack up demand, and hopefully keep the price from faceplanting.
People on X are pretty stoked about it. Folks see it as a big vote of confidenceâlike, the teamâs willing to put their money where their mouth is. Plus, itâs giving off those stock buyback vibes you see in regular finance, except here in crypto-land, itâs way less common. So, of course, itâs turning heads.
What really gets investors drooling, though, is that this whole thing is tied to OpenLedger actually being used. The more companies and devs jump on their Datanet and PoA stuff, the more cash rolls in, and the more $OPEN tokens get snapped up and retired. Itâs not just some hype-driven moonshot anymore. People are starting to see OpenLedger as something with actual legsâa project that might, you know, stick around and not just fizzle out when the buzz dies down.
Honestly, for a space full of empty promises, itâs kinda refreshing.
