GAIB Token Buyback: Cryptocurrency Startup Responds to Partner Violations

In a decisive move, cryptocurrency startup GAIB has initiated a strategic token buyback program to address concerns following an unexpected early sale of its tokens during the token generation event (TGE). While external partners and marketing agencies were responsible for selling 1 million tokens prematurely, CEO Kony swiftly addressed community concerns, clarifying that these sales originated from unauthorized sources. The company responded by first attempting to resolve the matter through diplomatic channels but subsequently implemented the buyback program as a protective measure to safeguard investor interests and market stability. This proactive approach not only addresses immediate supply issues but also signals GAIB’s commitment to maintaining a transparent and healthy token ecosystem.