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Oscar Team Cuts Ties with Shibtoken Amid Controversy

Oscar Team Cuts Ties with Shibtoken Amid Controversy

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by Emily Carter

2 hours ago


In a significant move, the Oscar team has announced its decision to sever ties with the Shiba Inu account, citing concerns over its shift towards self-serving promotional activities. The analysis suggests that the situation is causing growing concern within the SHIB community about the account's alignment with its original vision.

Oscar Team's Announcement

The Oscar team made their announcement via a statement on X, revealing that they had previously defended the Shiba Inu account, believing it to be in line with the community's interests. However, they now feel that their support was misguided, as the account has deviated from the foundational principles set by Ryoshi, the creator of SHIB.

Controversial Post Sparks Change

The breaking point for the Oscar team appears to be a recent controversial post from the Shiba Inu account, which many community members interpreted as a promotional message rather than a genuine community update. In light of this, the Oscar team has reiterated their commitment to supporting Shibarium through their charity portal while making it clear that they will no longer endorse the messaging strategy of the Shiba Inu account.

The recent announcement from the Oscar team regarding their split from the Shiba Inu account has coincided with the shocking resignation of JohnDoeShib, the Managing Engineer of the blockchain. This unexpected departure has raised concerns within the community about the project's future. For more details, see JohnDoeShib's resignation.

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