Bigger Entertainment to Find New and Creative Ways to Do the Burn Parties Instead of Collecting Burn Tickets from the Community.
Steven Cooper, the owner of Bigger Entertainment, just posted a tweet and said they would no longer arrange burn parties for Shiba Inu (SHIB). The company has noticed that burn parties are harming their reputation.
After a few seconds, he deleted his first Tweet and again posted a tweet and said that he had to remove his first tweet (maybe because that tweet was so straightforward or sounded rude to Shiba Inu Community).
Sorry, had to remove the last post. Bigger Entertainment WILL still be burning, WILL still host burn parties, etc. We simply won’t be doing burn tickets anymore. We’ll find new and creative ways to do the burn party where we aren’t managing the money and protecting our reputation
— Steven Cooper (@iamstevencooper) February 15, 2022
Steven Cooper said that Bigger Entertainment will still burn Shiba Inu tokens and host Burn Parties in the second tweet. Still, his company will find new and creative ways to do the burn party instead of collecting burn tickets from the community anymore. He noted that the company failed to manage the money. As a result, they are losing trust somewhere along with reputation, and they don’t want to lose their clients at all.
The company also assured the Shiba Inu community that they are still part of the Shib Army and aren’t going anywhere. Still, the company has to transition and restructure the Burning Model for Shiba Inu token to serve the community better and offer more transparency.
Since October, when they first took the initiative to burn Shiba Inu (SHIB) token and help the SHIB to reach the 1 cent mark, Bigger Entertainment has burned billions of SHIB tokens.
The company had organized Burn Party on Valentine’s Day, i.e., 14th February 2022, and they were able to burn 240 million Shiba Inu tokens with the help of the Shiba Inu Community.