this is exactly why crypto regulation matters.
if we want tokenholders to capture the value created by businesses, teams need clearer rules around buybacks, revenue sharing, and other value accrual mechanisms.
right now, a lot of teams are operating in a gray area.
the CLARITY Act, for example, would provide a framework for tokens to avoid being treated as securities, giving teams more flexibility to align tokenholder value with business performance.
Ive said this in discord and on podcasts a few times. We neither confirm nor deny buybacks, and we will only disclose buybacks after the fact. We believe if there were a sandbox with regulatory clarity that $cards would be a great platform to demonstrate how a strong FCF company in crypto can return value to holders.
There are SEC things involved here unfortunately; there are no promises being made, and for meow, the token is worthless and for entertainment purposes only.