Shiba Inu Founder: Who Created Shiba Inu Coin?

The identity of the Shiba Inu Coin founder and creator is a question that has been debated on various Reddit threads and forums over the past 10 months.

Since its formation in August 2020, the self-described 'Dogecoin killer' cryptocurrency has garnered a significant amount of attention.

With over 394,796,000,000,000 SHIB in existence, it sits atop of the crypto-charts for the most coins in circulation.

So, just who is the creator of Shiba Inu?

Advertisement

Who Created Shiba Inu Coin?

Shiba Inu Coin's creator goes by the name Ryoshi, but very little else is known about the mystery cryptocurrency founder. Similar to the founder of bitcoin - Satoshi Nakamoto - they remain anonymous.

SHIB was first created in August 2020 as a decentralized meme token. After its creation, Ryoshi burned 50% of all SHIB to the Ethereum co-founder, Vitalik Buterin. Buterin has since donated his collection of SHIB and other 'memecoins' to charity.

Ryoshi also created LEASH - another cryptocurrency within the Shiba Inu ecosystem.

As explained on the official Shiba Inu Coin website, LEASH "has the opposite appeal to SHIB" as only 100,000 LEASH is in existence, with a current price of $2314 at the time of writing.

Who is Ryoshi?

Ryoshi's identity remains unknown as of June 2021 and is likely to stay this way.

On 29 May, Ryoshi published a blog post on Ryoshi Research entitled 'I AM RYOSHI', in which the founder discussed their identity.

Advertisement
I have said from the beginning, I am a nobody, I am not important. The efforts to unmask my “identity” even if successful would be underwhelming. I am just some guy of no consequence tapping at a keyboard and I am replaceable. I am Ryoshi.

Ryoshi emphasised that SHIB is a pure, decentralised token that belongs to its community.

"Usually when we see some “project” there is some CEO important guy and some tech guy and some roadmap," Ryoshi said, before explaining that these individuals are then deemed as accountable for the currency and its future by "plebs". With SHIB, Ryoshi states this is not the case.

The founder also stated that he is not a SHIB-millionaire, either.

"The reality is still to this day I own 0 SHIB," Ryoshi said. "I can’t be pure and unbiased if I am worried about price up and down and taking profits."

Of course, this hasn't stopped Redditors or others online from speculating over the identity of Ryoshi.

One particular theory that has been reproduced multiple times stems from an image of Vitalik Buterin walking a Shiba Inu dog, along with a group of friends. As this image was also placed at the bottom of a Ryoshi Research blog post, many Reddit threads suggest Ryoshi is among this group.

Advertisement

However, this all remains speculation and for now, the identity of Ryoshi is still unknown.

READ MORE: Is Shiba Inu Coin on Coinbase?

[Image by Maxim Hopman on Unsplash]