OSCARPrice

(OSCAR)

OSCAR is a decentralized Web3 project built on the Ethereum blockchain. It is primarily recognized as a community-driven initiative that centers on the cultural history of the Shiba Inu dog, specifically a viral video from 2011 featuring a Shiba Inu named Oscar jumping on a trampoline. This video holds historical significance within the cryptocurrency space as it was the first meme used by Ryoshi, the anonymous creator of the Shiba Inu token, in the original foundational writings for that project. The OSCAR project operates under a Community Takeover model, which means there is no central authority or formal founding team in control. Instead, the project is governed and maintained by a global community of supporters who emphasize transparency and collective decision-making. This decentralized structure is intended to honor the original vision of decentralized finance and community ownership. A key pillar of the OSCAR project is its focus on philanthropy through an initiative called Oscar Karma. This program is dedicated to the welfare of stray animals, using contributions from its ecosystem to provide food, shelter, and medical treatment for animals in need. By integrating charitable acts into its technical framework, the project aims to demonstrate how digital assets can be used for real-world social impact beyond simple speculation. Technically, the project utilizes a deflationary token model. This includes a burn mechanism designed to permanently remove a portion of the supply over time to create scarcity. The ecosystem also includes staking features, allowing participants to interact with other tokens within its specific ecosystem to encourage long-term participation and community engagement. The project is supported by several figures from the early history of the Shiba Inu ecosystem, including designers and community members who were present during the inception of the original dog-themed cryptocurrency movement. This connection to the roots of the Shiba Inu narrative is a defining characteristic of the project's identity and mission. Learn more

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