The Tokenomics of GAT are fundamental different to most farm or meme tokens and therefore don´t allow for buybacks at the moment. The total supply is very limited – GAT is even deflationary.
As you know revenues flow directly into Alchemy Toys treasury and therefore back to the players or into the liquidity at PCS which is a benefit for investors.
We only had earnings from IDO and Game Ace launch (here we shared with the partners). This money flows 100% into the company to secure longterm development. Investors expect us to secure financial security to enable longterm development. Let alone the servers cost thousands of Dollar each month.
Also the effect of a buyback might be very short-lived since some whales might use it to cash out and GAT price would be lower than before.
Apart from that most investors wouldn´t be comfortable if GAT Network held too much of it´s own token, since a project shouldn´t have control over too many token. This wouldn´t be healthy.
Rest assured that we do everything we can for a sustainable development of GAT and the whole ecosystem.
Gat Network is a web of connected NFT trading & gaming projects – launched in early 2021 by a fully transparent team/company in Germany.
We have already launched several projects live on BSC (fully audited):
GAT Network is funded and has a long-term cross-chain vision for NFT trading & gaming centered around GAT and the highly flexible Minted Vodka exchange. We refrain from hypes and pump & dump mentality and concentrate fully on building great technology and on organic growth.
CEX: please check this link for the current CEX listings
Liquidity: Pancake Swap / Bakery Swap
Telegram Info: https://t.me/gat_news
Telegram Community: https://t.me/alchemytemple
Litepaper / Whitepaper