Crypto does not need buybacks 1. Buybacks are usually done by mature companies when they’ve got no better use of capital 2. Buybacks in early stage crypto companies are done because you need a form of relationship between crypto companies success and the token (since for the longest time we’ve had the weirdest structure where tokens are purely used as an instrument for exit liq and all the value accrues to the equity investors) 3. This changes today with tokens like ownership coins by metadao and other token standards 4. Token holders will own protocols and the revenue generated by these protocols 5. The new internet of capital market standards will be of ownership and contributors participating in globally distributed and owned property/IP/protocol As someone that cares about the founder as well as the token buyers I’m willing to be the most sustained pumps will come from tokens with investor protection rights (onchain/legal)