A well-known NFT trading platform announced the launch of a new buyback program, starting from February 1st, which will allocate 15% of the platform's revenue to repurchase tokens and distribute them to users who stake their tokens.



But the data is a bit disheartening. The platform's revenue has been shrinking year by year — in 2023, it still reached an annual revenue of $75 million, but by 2025, it was directly cut in half to $24 million, and in the most recent month, it was only $267,000. At this rate, 15% of the revenue is actually quite limited.

In other words, using 15% of an already small number for buybacks may have limited effect. This money poured into the market probably won't create much ripple effect. The boost to the token price might fall far short of expectations.
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SoliditySlayervip
· 9h ago
I'm done, is this decorating a cake? 267,000 monthly income and still have the nerve to talk about buybacks --- Honestly, wanting to save the market with this kind of cut to this number? Wake up, everyone --- What is 15%? The denominator is gone. Isn't this just closing your eyes and stealing a bell? --- Using shrinking income to "incentivize" coin holders is indeed a different way of cutting --- From 75 million to 267,000, this decline curve is incredible... Still want to boost the market with buybacks? Laughing to death --- No one cares how you distribute, bro. The key is that the platform is beyond saving
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MevWhisperervip
· 01-20 06:01
Another old trick, still have the nerve to do buybacks when revenue plummets? --- Monthly income of 267,000 and still want to pump the market, hilarious --- Fallen from 75 million to 24 million, what can the buyback do now? --- Instead of a 15% buyback, better to think about how to reverse the downward trend --- No point in wasting effort on water that won't splash --- Shouting buyback every day, but that's all the money there is, really --- This is insulting our intelligence with data --- Earning 260,000 a month and still have the nerve to issue an announcement, outrageous --- Why bother, with income gone, still trying to gloss over it
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ClassicDumpstervip
· 01-20 05:59
Here we go again with the same trick. Your income is almost gone, and you're still talking about buybacks? It's really a bit hopeless. $267,000 a month—this number makes my eyes hurt. Just a new way to cut leeks.
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GasWastervip
· 01-20 05:58
Cut in half to 24 million? Monthly income of 260,000? This buyback plan is just self-deception.
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AirdropATMvip
· 01-20 05:41
Cut down to 24 million and still dare to boast about buybacks? Laughable, isn't this just a numbers game? --- A platform with a monthly revenue of 267,000 is here telling stories, really thinking we're all blind. --- 15% of 15%? What’s left? The old trick of cutting leeks needs to be updated. --- Falling from 75 million to a monthly income of 260,000, there's no point in wasting effort on buybacks anymore, just liquidate directly. --- It's true that it can't make a splash, probably just trying to save face. --- Another empty promise of "we value the community," wake up, everyone.
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CryptoPunstervip
· 01-20 05:36
Revenue dropped from 75 million to 267,000. This isn't a buyback plan; it's a despair plan haha --- Can 15% of 267,000 buy anything? Calculate for me. Splashing water is hard enough, probably not even enough to create ripples --- Another story of "We highly value our investors," but the data tells a different story --- From 75 million down to 26,000, now that's a real cut in half again, brother --- Using revenue from a nearly dead project to buy back shares, is this called "hospice care"? --- Wake up everyone, such buybacks indicate the platform itself is almost out of traffic, otherwise why the urgency? --- Monthly revenue is only 267,000 and you still have the nerve to announce a buyback? I feel embarrassed for you --- Simple and crude: if business growth can't be achieved, then growth through stories will do
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