LBank AMA Recap with RYOSHI
My name is Toshiro the founder of Ryoshi Token , I am a succesfull business man & a father of 3 butiful kids. I have been in the crypto world since 2014 and managed to learn a lot about the industry.I specialize in marketing and have great public relation skills, which in my opinion is one of the most important fundental for a succesfull community driven project.I Have been an Entrepreneur for the last 10 years and have mainly been responsible for all marketing campaigns of my busineses.Especially online marketing and branding. Ryoshi token was derived as meme from the ShIba Inu token. The founder is called Ryoshi and therefore I thought of Ryoshi aka The ShibFather. Ryoshi is an entertainment and community driven token that will mainly be focused on entertainment and comedy.
First five AMA Questions (First Part):
What was your motive behind making your project?
As I mentioned above. I have always been an Entrepreneur and a peoples person. I realized nowadays that community driven token are showing great success due to their strong and united communities. I think that this is the foundation to any good project in order to prosper in this field. I am very confident in my public relation skills, my motivation levels and my marketing techniques. I am also and art and a music enthusiast which in my opinion is one of the best forms of communication. I am going to be focused on NFT’S and ARTWORK which will definitely play an important role in our project .
What does RYOSHI do basically?? Actually, what is the main difference in comparison with alike projects?
Great question. First of all Ryoshi will do what the community wants it to do. Ryoshi is an entertainment and community driven token that will mainly be focused on entertainment and comedy. A lot of the future upgrades and development will be highly dependent on the community. We have not set any limits and are willing to push this project as hard as we need to. We are always willing to listen to new ideas which get brought to us everyday and I think its a beautiful thing that people from all walks of life get together and combine their skills & Knowledge to form 1 strong & successful community, which means a successful project. I am here to make sure and supervise that everything will be in tact and those ideas that get brought to us will actually be accomplished. We have been sitting back and watching a lot of tokens that claim to be community tokens however do not provide anything for their communities but stories and lies. Our main goal is to give before we get. We want everyone to be happy and to realize that there is a solid team behind this project that are willing to put everything on the line for this community.
How about your tokenomics (RYOSHI)? Can you give me a reason why users should hold $RYOSHI in the long term as most of the tokens these days easily lose their value so quickly and get dump.How is $RYOSHI stand out among others?
Tokenomics Love that word . Ryoshi’s Tokenomics are pretty simple. There are 1,000,000,000,000,000 tokens in circulation which about 52% of that has already been burnt. There is also a 2% burn with every transaction which decreases the supply and increases the demand causing the price to rise. Example if you have 1 banana out of 100 you own 1% In Bananas if I take off 1 Banana from the 100 now you own 1 banana out of 99 which means you own 1.01%. The more transactions will place there will be a greater amount of tokens burnt and the holders will hold a bigger piece of the pie. As I mentioned before we will be highly focused on entertainment and also plan to establish our own Podcast where we will be hosting Famous comedians from around the world. We are also in UI implementation of our Ryoshi Doghouse app which will be a wallet , a swap , rug checker , portfolio tracker, Staking options and Nft art marketplace all in one. I am also aiming to partner up with Casinos where they will accept our token as deposits just like other tokens and I would like to also implement a game Called “Ryoshi Bets” where their will be an option to bet on Ryoshi sort of like margins and future bets but in a casino style. This is still wishful thinking however as I said the motivation and determination is there.
What is the biggest challenge Ryoshi face currently in terms of becoming a successful project or company?
Well I can tell you all the challenges but that will mean this AMA will take another 3 hours . Our biggest challenge right now is convincing the public that we are not another “SCAM COIN” or a “RUGPULL” This is very hard as a lot of investors have recently been burnt. This is very toxic for the industry and makes it a lot harder on legitimate Devs that are trying to do the right thing. I think the best solution for this problem is time and slowly grow into a solid Echosystem where it will be a lot easier for the public to trust.
What are the key milestones on your roadmap — both things you have already achieved and things that we can look forward to? Any partnerships and short/long term technical milestones that you want to talk about or bring some attention to?
My number 1 milestone is to build a strong , united and determined Community that will go out of their way for this project to succeed because they really feel that they are a part of something special. I really think that I have been successful at uniting the community and I can really feel that everyone is doing their part in the best possible way. As I mentioned above NFT marketplace will be one of our important milestones in this project and we will devote a lot of time , money and energy in accomplishing it. Their will also be a comedy and entertainment podcast as well as the Ryoshi Doghouse app. As far as partnership goes , I think its a great idea and could sometimes be very effective however we are not at that stage yet.
Selected five Questions with Answers from the Telegram community (Second Part):
Are you working with social media influencers because it is important for a Project to reach new users?
Yes, we have been working with Social Influencers from day one. The problem is you need to find the right ones that will really have an effect. So it has been trial and error until today however we are still searching for the best possible influencer tailored to our project.
Community support is one of the biggest aspects of a project’s success. Most projects have programs that interact with their users. Does project have a special plan to engage and expand the community and improve the user experience?
Community support is everything in this project and we are highly active and engage with out community both on a working and friendship basis. Our community are the ones that will actually decide what our next steps will be. This all done in a fair way by voting.
Marketing is an essential element of every project, so everyone knows the potential that a project can generate. What is your strategy to attract new users and investors and maintain it in
the long term?
I completley agree marketing is a very important element , my strategy is to engage through music , art and comedy. I think that everyone enjoys a good smile while making money as well. Our community will also be very responsible for the marketing strategy and I think word of mouth is a very effective source.
For Ryoshi , who are its competitors in the crypto world and How will it overcome them?
Our main competitors are other community driven tokens and meme tokens. We will overcome the competition by making sure to always provide for our community with fresh art , memes and comedy on a daily basis and to always be active members in the community.
Southeast Asia is a very vibrant market and many many Projects developed overthere. So, What you think about Southeast Asia and Do you have any plan to develop in there?
We are very interested in the Southeast Asia and are planning to be in more Asian exchanges and also start promoting on Btok.