What Is Ryoshis Vision (RYOSHI)?
Ryoshis Vision (RYOSHI) is a token inspired by and named after the founder of Shiba Universe, Ryoshi. He has created the Shiba Universe to disrupt traditional finance mechanisms by developing a completely decentralized project, run by the people, for the people. In the words of Ryoshi, the vision of Shiba Universe is “a process of self-actualization realized through the playing field of blockchain.” The team of Ryoshis Vision also envisions the same. Though RYOSHI contributes to the ShibaSwap ecosystem and is aligned with Ryoshi’s core values, the token is independent of the current ShibaSwap project.
As it is known, centralized institutions have many structural issues due to which they are unable to cope with faster adaptation and quicker progress. But the world needs an innovative power that is capable of deploying solutions quicker than centralized institutions. So, in order to address today’s challenges at the pace required by our generation, we should disperse the decision-making power among all levels of hierarchy. Hence, decentralized approaches are one of our most powerful weapons in such a case.
So, Ryoshis Vision was developed as a truly decentralized project in the path envisioned by Ryoshi for the SHIBA community. The platform's main aim is to disrupt the entertainment and technology sector by creating utilities that benefit creators, artists, players, and many other actors of different sectors.
RYOSHI is designed as a default deflationary token to encourage an ever-rising price floor. It is deflationary in the sense that 1% of every transaction gets deducted and burned to the $SHIB address forever. The burn creates a HODL (hold on for dear life) friendly environment. Because the long-term HODLing is rewarded as the token supply reduces, the value of the remaining tokens increases proportionally. Cryptocurrency burning is when a fraction of tokens are sent to a wallet with no private key to reduce availability and increase market value.
The second feature is 1% of all transactions are distributed to xSHIB holders buried on ShibaSwap. Typically, any transaction may demand setting a slippage of 2.5%.
The third feature is protection against sandwich bot activities. Sandwich bots are programs to find pending transactions and place a purchase and a selling order simultaneously, targeting to collect the difference between the purchasing/selling order at that moment. Avoiding such bots means more tokens for users.
The Ryoshi token is a community-driven ERC20token running on the Ethereumblockchain. Further, the token was created with three main goals. The first goal is to enable community initiatives and projects into utilities aligned with the platform's core values. The second goal is to reward holders through deflationary tokenomics and built-in burn mechanisms. The third goal is to encourage the community to vote and participate in project decisions.
History of Ryoshis Vision (RYOSHI)
The token was created by the dev team, Wifey (pseudonym), to honor the pure vision of the great Ryoshi. Ryoshis Vision does not have roles like CEO, COO, CFO, or payroll, unlike a traditional business. Ryoshis Vision realizes the importance of transparency to investors, as they are investing real money, so trust must be established. Even a decentralized initiative requires a structure to be able to operate. The operating structure has many workgroups to manage different activities. The important workgroups at the moment are Doc Management, Marketing, Entertainment, Social Networks, Art/Design, and Coding or Tools. These workgroups have members from one or more teams, i.e., dev team, admin team, and coordination team.
