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The Unibot On Solana team announced a rebranding and parting ways with the mainnet team

The Unibot On Solana team announced a rebranding and parting ways with the mainnet team

2024/03/11 12:57
SOL-1.54%UNIBOT0.00%

BlockBeats news, on March 11th, the Unibot On Solana team issued a statement detailing the dispute with the Unibot mainnet team and announcing their future independent development plans. Since the beginning of the project, the Unibot On Solana team, supported by Primordium Group as advisors, has been responsible for brand building, announcements, partnership relations, and community growth strategies. Faced with declining statistics and stagnant development of the mainnet Unibot project, as holders of $UNIBOT tokens, this team chose to continue developing under the Unibot brand and reached an agreement with the mainnet Unibot team to independently operate robots on Solana to ensure security, scalability, and faster delivery. However, following the success of Solana robots and a decrease in $UNIBOT token revenue due to taxes imposed by the mainnet team began pressuring them in an attempt to control income from Solana robots. After their plan proved unfeasible they spread unfounded fear (FUD) while also announcing their own Solana robot launch. The Unibot On Solana team refuted these FUD claims in their statement emphasizing that security architecture and controls remain unchanged; funds are secure; infrastructure capable of supporting over 10,000 daily active users remains intact; and they have passed KYC verification through multiple key business partners. Due to negative culture created by the mainnet team along with continuous decline in usage rates of mainnet robots ,the Solana team decided to rebrand themselves completely separate from Unibot's main network while promising continued distribution of revenue shares from Solana robots to $UNIBOT holders.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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