Today we would like to explain in detail an important element of the CRYCASH Ecosystem — the BuyBack strategy. It is well known around the world in various fields of economy and finance. But with the arrival of new technologies, like blockchain and cryptocurrencies, this strategy has gained more opportunities. We are the first gaming ICO to introduce this strategy which will stimulate continuous market demand for CRYCASH tokens!
Let’s start with the basics. A buyback, also known as a repurchase, is the purchase by a company of its outstanding shares that reduces the number of its shares on the open market.