Helium founder announces stopping token buybacks to focus on expanding mobile business — what is the underlying logic?

【Crypto World】Helium founder Amir recently shared an interesting observation on social media: the market doesn’t seem to react much to project buyback tokens. Since spending money doesn’t seem to have any effect, rather than continue pouring funds into this bottomless pit, it’s better to use the capital more effectively.

Data also suggests that strategic adjustments are warranted. In October last year, Helium’s mobile business segment generated $3.4 million in revenue. The founder’s logic is clear—rather than doing things the market can’t buy, it’s better to accelerate the expansion of the already successful core business.

This shift reflects the practical considerations of many Web3 projects: tokenomics is important, but actual business growth and user acquisition are the true sources of long-term value. Helium’s move, to some extent, is about adjusting priorities—from “maintaining token price” to “growing the business.”