This initiative is designed not only to buy back ITL from the market but also to establish a sustainable economic model where ecosystem organizations create value, generate revenue, and become financially independent.
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The repurchased ITL may be burned to reduce supply, distributed to contributors such as Ambassadors, Builders, and Developers, or used through a combination of both, subject to future governance decisions.
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Instead of relying on new token issuance, InterLink aims to create real value through products, revenue, and sustainable business growth, then use that value to buy ITL from the market.
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InterLink Foundation has officially approved a long-term ITL Treasury Strategy, allowing InterLink Labs to implement a Reverse Auction mechanism for ITL buybacks.
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While ITL powers the network's economy, ITLG guides its direction, ensuring that InterLink remains a decentralized, community-owned, and community-governed blockchain ecosystem.
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$ITL is also designed for real-world payments through the InterLink Payment SDK, allowing businesses and applications to integrate blockchain payments into everyday transactions.
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It is designed to support blockchain operations, enable fast and secure payments, power dApps, and facilitate real-world business adoption.
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$ITL is more than a cryptocurrency—it's the core utility token that powers the entire InterLink blockchain ecosystem.
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