The Shiba Inu founder is deleting his posts on social media channels and withdrawing from the community.
As he previously explained:
“I'm just a meaningless guy typing on a keyboard, and I'm replaceable. I'm Ryoshi."
The pseudonymous SHIB founder “Ryoshi” has retired from the community after deleting all of his tweets and blog posts this week.
Like Bitcoin founder Satoshi Nakamoto, the identity of Ryoshi has been unknown since the project started in August 2020.
Developers such as Shytoshi Kusama have stated that the project will move forward and realize Ryoshi's vision and plan of building a decentralized memecoin ecosystem.
Ryoshi has indicated many times that he will eventually leave. The deleted Medium post wrote:
"I've said from the start I'm a nobody, I don't matter. Efforts to unmask my "identity," even if successful, would be underwhelming. I'm just a meaningless guy typing on a keyboard, and I'm replaceable. I'm Ryoshi."
The Twitter account is still active even though all activity has been deleted. In the meantime, the ShibArmy has said goodbye to the founder in two blog posts. However, some members have suggested that these posts may have come from a scammer who may have created a new account under Ryoshi's name.
The idea seems possible, as previous reports linking to Ryoshi's blog now report that the user has been disabled or the account has been deleted, despite another account using the same name and profile picture.
"I'm not important, and one day I'll disappear without notice. Take the SHIBA and travel up, frens,” reads the first post, while the second adds, “Every Shibarmy is Ryoshi. It doesn't represent anyone, but the glory of Shibarmy! END."
On May 31, Shytoshi Kusama published a blog post saying goodbye to Ryoshi and reaffirming his commitment to the founder's vision for the further development of the project.
“Ryoshi's ethos of remaining anonymous and having no say in Shib's direction makes our mythos even more mystical and awe-inspiring. We built from scratch, never paid an exchange to list, and revolutionized "meme" tokens through exponential growth."
“Shib, Leash, Bone, Treat, ShibaSwap, Shi, Shibarium. Also note the concept of LOCAL Shib areas (meetups) as we see in ShibaZone and eventually Shibacon. To me, these latter two aspects are part of our growth, and all our other projects support or leverage one or more of the above aspects.”
So far, the news of the withdrawal has not negatively impacted the price.
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