Animoca Brands backs Tower Ecosystem with TOWER token buybacks

Animoca Brands Chairman Yat Siu announced on X that the company is initiating public backing for the Tower Ecosystem, beginning with buybacks of the TOWER token. Developed by Animoca Brands, the Tower Ecosystem is a blockchain gaming initiative that connects Free-to-Play gaming with Play-to-Earn elements. He underscored the continued importance of Web3 gaming in building on-chain economies and noted that the Tower Ecosystem was among Animoca’s earliest community-focused Web3 gaming projects, launched without investor allocations. As of the latest data from CoinMarketCap, TOWER is trading at $0.0007679, reflecting a 60.69% increase over the past day.