Cena Ryoshis Vision (RYOSHI)

RYOSHI VISION aka $Ryoshi is an Ethereum-based ERC-20 token created as a part of the Shiba INU ecosystem, a decentralized autonomous organization aka DAO. Shiba was established with the intention of upending centralized finance by implementing cryptocurrency alternatives to offer people direct control over their assets and NFTs, allowing them to move them between various platforms and eran profits any way they see fit.

Ryoshi Vision is a community-run token. It was created to transform community projects and ideas into services reflecting Shiba ideals. Additionally, it encourages community participation in project decisions and rewards holders through integrated burn mechanisms and deflationary Tokenomics.

The Ryoshi token went live on Aug 07, 2021. The team behind it followed a similar strategy by a comparable Shiba coin, the $SHIB, by generating a total of one quadrillion tokens, which is the maximum allowable on the Ethereum blockchain. After minting, half of the original supply was burnt to a $SHIB address permanently. Before launching the token, no presales took place. Also, no coins were assigned to the team or any other parties. Another 17% of tokens were also anonymously burnt, increasing the overall percentage burned to 67 percent.