RYOSHI

Aspect	Information
Short Name	RYOSHI
Full Name	RyoshiVision
Founded Year	Not mentioned
Main Founders	Not mentioned
Support Exchanges	Coincarp, KuCoin, PancakeSwap (V2), ProBit Global, Uniswapv2, Shibaswap, and Bibox
Storage Wallets	MetaMask, Trust Wallet, Ledger Nano S, Trezor, MyEtherWallet (MEW), Coinbase Wallet, Atomic Wallet, Exodus Wallet, Coinomi, and Guarda Wallet, etc.
Customer Support	Media enquiries: press@shib.io
	Newsletter submissions: submissions@shib.io
	Advertising enquiries: ads@shib.io
	Become a partner: partners@shib.io
	General enquiries: enquiries@shib.io
	Contact form

Overview of RYOSHI

RYOSHI, also known as RyoshiVision, represents a dynamic cryptocurrency project that seeks to carve its niche within the decentralized finance (DeFi) landscape. Functioning as more than just a digital asset, RYOSHI embodies a vision of innovation and community-driven governance. With its deflationary tokenomics, RYOSHI aims to instill scarcity and value appreciation over time, while its exploration of multi-chain interoperability underscores its ambition to transcend blockchain boundaries.

To obtain more information, you can visit their website: https://www.ryoshi.vision/#about and try to log in or register to use more services.

Pros & Cons

Pros	Cons
Deflationary tokenomics	Dependence on Community Governance
Multi-chain interoperability	Market Volatility
Innovative use cases
Strong community support

Pros:

Deflationary tokenomics: RYOSHI employs mechanisms such as token burning to decrease the token supply over time, increasing its scarcity and value.

Multi-chain interoperability: RYOSHI aims to achieve interoperability across multiple blockchain networks, enhancing flexibility and utility.

Innovative use cases: RYOSHI explores various applications within the decentralized finance (DeFi) ecosystem, fostering adoption and utility.

Strong community support: RYOSHI benefits from an engaged community of supporters and developers, contributing to its growth and ecosystem development.

Cons:

Dependence on Community Governance: While community-driven governance can be a strength, excessive reliance on community decision-making processes may result in governance challenges or conflicts of interest, affecting project stability.

Market Volatility: RYOSHI's deflationary tokenomics, while intended to increase token scarcity and value, may also contribute to market volatility, leading to price fluctuations and investor uncertainty.

Crypto Wallet

The Ryoshi Token Wallet is a versatile cryptocurrency wallet that allows users to securely manage a wide range of digital assets, including Ryoshi Token (RYOSHI), Ethereum, XRP, Litecoin, XLM, and over 1000 other coins and tokens.

Available for download on both Google Play and the App Store, this wallet provides users with a convenient and user-friendly interface for storing, sending, and receiving various cryptocurrencies. With its support for multiple assets and platforms, the Ryoshi Token Wallet offers flexibility and convenience for cryptocurrency enthusiasts and investors.

What Makes RYOSHI Unique？

Ryoshi Token (RYOSHI) distinguishes itself through several unique features:

• Community-driven governance: RYOSHI operates on a decentralized governance model, allowing token holders to participate in decision-making processes and shape the future direction of the project.

• Deflationary tokenomics: RYOSHI employs deflationary mechanisms such as token burning to reduce the token supply over time, increasing its scarcity and value.

• Multi-chain interoperability: RYOSHI aims to achieve interoperability across multiple blockchain networks, enabling seamless token transfers and interactions between different platforms.

• Innovative use cases: RYOSHI explores innovative use cases and applications within the decentralized finance (DeFi) ecosystem, fostering adoption and utility for the token.

• Strong community support: RYOSHI benefits from a vibrant and engaged community of supporters and developers who contribute to its growth and ecosystem development.

These unique aspects contribute to RYOSHI's identity and differentiation within the cryptocurrency market, positioning it as a project with potential for long-term success and innovation.

How does RYOSHI Work？

Ryoshi Token (RYOSHI) operates on a decentralized blockchain platform, leveraging smart contracts to facilitate transactions and govern its ecosystem.

Blockchain Technology: RYOSHI is built on blockchain technology, which provides a secure and transparent ledger for recording transactions. It utilizes a decentralized network of nodes to validate and confirm transactions, ensuring trust and reliability without the need for intermediaries.

Smart Contracts: RYOSHI employs smart contracts, self-executing contracts with the terms of the agreement directly written into code. These smart contracts automatically execute predefined actions when specific conditions are met, enabling trustless and automated transactions.

Tokenomics: RYOSHI has a unique tokenomics model that governs its supply and distribution. This includes mechanisms such as token burning, staking rewards, or liquidity provision incentives to manage the token economy and incentivize participation within the ecosystem.

Decentralized Governance: RYOSHI implements a decentralized governance mechanism, allowing token holders to participate in decision-making processes related to the project's development, upgrades, and community initiatives.

Use Cases: RYOSHI serves various use cases within the decentralized finance (DeFi) ecosystem, including but not limited to, decentralized exchanges (DEXs), lending and borrowing platforms, yield farming, and liquidity provision.

Overall, RYOSHI operates as a decentralized cryptocurrency that leverages blockchain technology and smart contracts to facilitate secure and transparent transactions, governed by a community-driven approach to innovation and development.

Market & Price

Airdrop of RYOSHI

There have been several airdrops associated with the Ryoshi Vision ecosystem, including:

• Ryoshi's Coin Airdrop: This airdrop occurred in 2021 and distributed RYOSHI tokens to holders of various other cryptocurrencies, including SHIB, LEASH, and BONE.

• Ryoshi with Knife Airdrop: This airdrop was more recent, taking place in May 2024. It distributed RYOSHI tokens to holders of the RYOSHI with Knife (RYOSHI-K) token.

Price

• Current Price: As of October 26, 2023, the price of RYOSHI is around $0.00002039.

• 24-Hour Change: The price has seen a slight decrease in the past 24 hours.

• 7-Day Change: The price has also experienced a slight decrease over the past week.

• All-Time High: The all-time high of RYOSHI was $0.57, reached in November 2021.

Exchanges to Buy RYOSHI

Coincarp: - Pairs: RYOSHI/USDT

Step 1: Register an account on the centralized exchanges(CEX)'s official website or the app. ( Check Exchange Ranking), if CEX supports (eg. Binance) one-step sign up with your social account, you can sign up with your social account directly.

Step 2: Verify your identity & secure your centralized exchanges(CEX)'s account. You are typically required to have a government-issued identification document. For asset security, you'd better Enable Two-step Verification.

Step 3: Use fiat to buy USDT, ETH, or BNB. You can use the service provided by the CEX which supports OTC trading or use the financial service platform(Paypal, or Robinhood, available for US residents) that supports funding via either your bank account or credit card.

Step 4: Transferring your USDT, ETH or BNB, etc. purchased by fiat to the CEX that supports Ryoshi trading in spot market. If the CEX that you're using both supports purchasing USDT, ETH, or BNB via fiat, and RYOSHI-USDT, RYOSHI-ETH, or RYOSHI-BNB, etc, trading pair, then you can trade in the same platform and don't need to transfer to another platform that supports Ryoshi.

Step 5: Buy Ryoshi in spot market by USDT, ETH, or BNB.

See this link for details on how to buy RYOSHI: https://www.coincarp.com/investing/how-to-buy-ryoshi-token/

KuCoin: - Pairs: RYOSHI/USDT

Step 1: Choose a CEX: Select a reliable and trustworthy crypto exchange that supports Ryoshis Vision (RYOSHI) purchases. Consider the ease of use, fee structure, and supported payment methods when choosing a crypto exchange.

Step 2: Create an account: Enter the required information and set a secure password. Enable 2FA using Google Authenticator and other security settings to add an extra layer of security to your account.

Step 3: Verify your identity: A secure and reputed exchange will often ask you to complete KYC verification. Information required for KYC will vary based on your nationality and region. Users who pass KYC verification will have access to more features and services on the platform.

Step 4: Add a payment method: Follow the instructions provided by the exchange to add a credit/debit card, bank account, or other supported payment method. The information you need to provide may vary depending on your bank's security requirements.

Step 5: Buy Ryoshis Vision (RYOSHI): You are now ready to buy Ryoshis Vision (RYOSHI). You can easily buy Ryoshis Vision (RYOSHI) using fiat currency if doing so is supported. You could also do a crypto-to-crypto exchange by first purchasing a popular cryptocurrency such as USDT, and then exchanging it for your desired Ryoshis Vision (RYOSHI).

See this link for details on how to buy RYOSHI: https://www.kucoin.com/how-to-buy/ryoshis-vision

PancakeSwap (V2) - Pairs: RYOSHI/WBNB

ProBit Global - Pairs: RYOSHI/USDT

Uniswapv2 - Pairs: RYOSHI/WETH

Shibaswap - Pairs: RYOSHI/WETH

Bibox - Pairs: RYOSHI/USDT

How to Store RYOSHI？

MetaMask: A popular Ethereum wallet available as a browser extension and mobile app, offering easy access to decentralized applications (DApps) and decentralized finance (DeFi) platforms.

Trust Wallet: A mobile wallet supporting a wide range of cryptocurrencies, including ERC-20 tokens like RYOSHI. It provides a user-friendly interface and built-in decentralized exchange (DEX) for swapping tokens.

Ledger Nano S: A hardware wallet offering offline storage for cryptocurrencies, including RYOSHI. It provides enhanced security by keeping private keys offline and requires physical confirmation for transactions.

Trezor: Another hardware wallet known for its security features and user-friendly interface. Trezor supports multiple cryptocurrencies and offers advanced security measures to protect your assets.

MyEtherWallet (MEW): A web-based wallet specifically designed for Ethereum and ERC-20 tokens. MEW allows you to create and manage Ethereum wallets securely and provides access to the Ethereum blockchain.

Coinbase Wallet: A mobile wallet provided by the Coinbase exchange, supporting a variety of cryptocurrencies, including ERC-20 tokens like RYOSHI. It offers features such as decentralized storage and easy integration with Coinbase accounts.

Atomic Wallet: A multi-platform wallet available for desktop and mobile devices, supporting a wide range of cryptocurrencies, including RYOSHI. It provides built-in atomic swaps for exchanging assets without intermediaries.

Exodus Wallet: A desktop and mobile wallet known for its intuitive design and support for multiple cryptocurrencies. Exodus Wallet offers features such as portfolio tracking and built-in exchange services.

Coinomi: A mobile wallet supporting a vast array of cryptocurrencies, including ERC-20 tokens like RYOSHI. It emphasizes privacy and security, allowing users to retain full control of their private keys.

Guarda Wallet: A multi-currency wallet available on various platforms, including web, desktop, and mobile. Guarda Wallet supports a wide range of cryptocurrencies and offers features such as built-in exchange services and staking capabilities.

Is It Safe？

RYOSHI supports various hardware wallet. Hardware wallets such as Ledger Nano S or Trezor are popular choices for enhancing security by storing private keys offline.

Assessing the technical security of exchanges supporting RYOSHI is crucial for ensuring the safety of transactions and stored assets. Look for exchanges that adhere to industry-standard security measures, such as two-factor authentication (2FA), cold storage for funds, regular security audits, and robust encryption protocols.

RYOSHI token transfers typically utilize Ethereum-based smart contracts, which generate unique token addresses for transactions. These addresses are encrypted and recorded on the Ethereum blockchain, providing transparency and security for token transfers. Users should always verify the accuracy of token addresses before initiating transactions to prevent errors or scams.

How to Earn RYOSHI Cryptocurrency？

Trading: Participate in trading activities on supported exchanges where RYOSHI is listed. By buying RYOSHI at a lower price and selling it at a higher price, traders can profit from price fluctuations.

Staking: Some blockchain networks, including those that support RYOSHI, offer staking as a way to earn rewards. By staking RYOSHI tokens and actively participating in network activities, such as validating transactions or securing the network, users can earn additional RYOSHI as rewards.

Liquidity Providing: Contribute liquidity to decentralized exchanges (DEXs) or liquidity pools that support RYOSHI trading pairs. In return for providing liquidity, users can receive trading fees or liquidity rewards in RYOSHI tokens.

Yield Farming: Engage in yield farming strategies on decentralized finance (DeFi) platforms that offer RYOSHI farming opportunities. Yield farming involves providing liquidity to DeFi protocols in exchange for rewards, which can include RYOSHI tokens or other incentives.

Participating in Governance: Some cryptocurrency projects, including those associated with RYOSHI, allow token holders to participate in governance decisions. By actively engaging in governance proposals and voting, token holders can earn rewards or incentives in RYOSHI tokens.

Airdrops and Rewards Programs: Stay informed about airdrops, giveaways, or reward programs initiated by RYOSHI or associated projects. Participating in such programs can grant users free RYOSHI tokens or other rewards for completing specific tasks or meeting certain criteria.

Contributing to the Community: Actively contribute to the development and growth of the RYOSHI community through activities such as promoting the project, creating content, or participating in community initiatives. Some projects offer rewards or incentives for community contributions.

FAQs

Which notable exchanges offer RYOSHI token trading facilities？

RYOSHI token can be traded on various well-known exchanges such as Coincarp, KuCoin, PancakeSwap (V2), ProBit Global, Uniswapv2, Shibaswap, and Bibox.

How can I store RYOSHI tokens securely？

RYOSHI tokens can be safely stored in multiple Ethereum-compatible wallets including MetaMask, Trust Wallet, Ledger Nano S, Trezor, MyEtherWallet (MEW), Coinbase Wallet, Atomic Wallet, Exodus Wallet, Coinomi, and Guarda Wallet, etc.

What makes RYOSHI unique？

RYOSHI distinguishes itself through features such as community-driven governance, deflationary tokenomics, multi-chain interoperability, innovative use cases within DeFi, and strong community support.

Are there any airdrops associated with RYOSHI？

Yes, there have been several airdrops associated with the Ryoshi Vision ecosystem, including airdrops distributed to holders of various cryptocurrencies like SHIB, LEASH, and BONE.

Risk Warning

Investing in cryptocurrencies requires an understanding of potential risks, including unstable prices, security threats, and regulatory shifts. Thorough research and professional guidance are advised for any such investment activities, recognizing these mentioned risks are just part of a wider risk environment.