FWA UPDATES INITIAL TOKEN BUYBACK PROGRAM AFTER BACKLASH NFT gacha project Fake World Assets earned $3.2M in fees in its two-week launch. When holders learned none of it would fund buybacks, $FWA crashed 43% to a record low. After an "intense night" of backlash,
@token_works founder
@Rhynotic raised future buybacks to 80% of protocol fees and committed 327 ETH to a team reserve. That appeased some holders. Read more here: https://t.co/bzZ9zg24Xm