TMCnet News
WBS conducts monthly token burning, exploring the ecosystem layout and potential of WebseaNew York, NY, May 01, 2024 (GLOBE NEWSWIRE) -- In recent days, Websea Exchange announced the completion of its April token buyback and burn event, totaling 3,501,065.62 WBS tokens. This action not only reflects a significant increase in platform trading volume and activity but also demonstrates Websea's commitment and execution to its long-term development strategy. According to the official announcement, following the completion of the WBS token contract upgrade, Websea will utilize 10% of its transaction fee revenue each month for the buyback and burn of WBS tokens. The purpose of this initiative is to reduce the circulating supply of WBS tokens. The transparency of the burning event further enhances community trust and support for the Websea platform, providing it with greater market competitiveness. Websea's strategic layout demonstrates excellence within the global crypto economy from a macro perspective. As a diversified blockchain platform, Websea not only offers trading functionaities but also integrates multiple sectors such as gaming, social entertainment, and financial services, creating a comprehensive ecosystem. This integrated ecosystem continuously creates multidimensional value while serving users, driving the advancement of the entire industry. Websea's product strategy is adapting to the needs of its user base, especially younger users. Planned new products and features, such as the deep integration of WBS with the GameFi concept and the upcoming gaming section, aim to enhance user interactivity and engagement. These strategies not only reflect Websea's efforts in product innovation but also demonstrate its sensitivity to market trends and user demands.
Dory Lu Dory at websea.com |