MVL Announces Successful Completion of the First Buyback Program Led by CEO Kay, Woo
MVL, a blockchain platform for mobility, has announced the successful completion of its first MVL recirculation (buyback) program, aimed at expanding its new ecosystem and led by CEO Kay, Woo
- Seoul, South Korea--(Newsfile Corp. - February 15, 2024) - To address the latest approach, MVL set to revolutionize the token economy with successful completion of the first Buyback program.
- The program utilizes the profits of the mobility business to buy MVL tokens from the market and distribute the tokens among token holders.
- The MVL foundation bought back a total of 228,703,423 MVL tokens worth US $1million through the global exchanges during the buyback program that ran from December 12, 2023 to January 31, 2024.
- The community will receive these tokens through MVL staking, a program that allows any MVL token holder to participate.