Location (April 23, 2023)—The world of decentralized art and NFTs may have just found its newest star in Basedoshi—an artist who is quickly gaining popularity on Twitter and is believed to be the long-lost creator of Shiba Inu, Ryoshi.
Known for their elusive nature and lack of any recent traceable activity, Ryoshi’s potential return through Basedoshi has fans and collectors on the edge of their seats.
The Meteoric Rise of Basedoshi
As the world of cryptocurrency continues to expand and evolve, the mysteries that surround its creators and key players grow ever more intriguing. One such enigma is the sudden rise of Basedoshi, an artist who has recently been sparking rumors that they may be none other than Ryoshi, the anonymous founder of the wildly successful Shiba Inu (SHIB) meme coin.
With only two masterpieces to their name on Opensea, Basedoshi is already causing quite a stir. What caught many fans off-guard, however, was the little BASC tag in the name of both pieces. BASC is a not-so-subtle hint at the Based Ape Social Club, a project that appears to be challenging the prominent BAYC NFT collection. As any fan of Shiba Inu will attest, this is reminiscent of what SHIB did with DOGE.
The upcoming Shibarium chain release adds yet another layer to this mystery. The Shiba community is all set to embrace its very own Layer 2 chain built upon the Ethereum network this year. While the timing of this could be a mere coincidence, many fans are convinced otherwise. The rumor mill is running wild, and many speculators are seeing a grand Shiba NFT community at play here.
Adding fuel to the fire, Basedoshi follows only two accounts on social media: Ryoshi and BASC. Could this be a subtle hint to their true identity or merely a red herring to keep the masses guessing?
Following the Footsteps of Ryoshi
Ryoshi, meaning “fisherman” in Japanese, has remained anonymous since the launch of SHIB on the Ethereum (ETH) network in August 2020. With no presale, no VCs, and no developer wallets or insiders in place, SHIB quickly garnered a loyal following as a meme coin created for the people, by the people. As Ryoshi once said, “I am a nobody, I am not important… I am just some guy of no consequence tapping at a keyboard, and I am replaceable.”
Despite this humble proclamation, Ryoshi’s creation took the world by storm. In May 2021, SHIB reached an all-time high price of $0.0000388, making it one of the most profitable meme tokens in history. The SHIB army celebrated in October when SHIB finally surpassed DOGE among the top 10 cryptocurrencies by market capitalization, after an astonishing yearly rise of 91,000,000%.
As enigmatic and shrouded in mystery as Satoshi Nakamoto (the founder of Bitcoin), Ryoshi vanished from the world of social media in May 2022 after deleting their historic Medium posts that outlined their vision for the SHIB community.
Now, the rise of Basedoshi has sparked whispers and rumors throughout the cryptoverse. Is this elusive artist truly Ryoshi, continuing to work from the shadows and push the boundaries of their creations? Or is it merely coincidence, a serendipitous intersection of two creative geniuses that has left the world guessing?
Digging the Mystery of Basedoshi: More Questions than Answers
Like a masterful artisan, Basedoshi has managed to captivate audiences without any grand launches or outlandish spectacles. Titled Vihara and Nilaya, these mesmerizing pieces showcase Basedoshi’s unique artistic ability to spark a flame of imagination in the beholder’s mind with a still piece of artwork. Drawing from themes of sanctuary and dwelling, the mysterious names invite curious minds to embark on a journey of discovery. A journey where they will get to uncover the many rich layers of meaning hidden within the artwork.
As speculation continues to swirl and the world remains mystified by the true identity of Basedoshi, one thing is certain: whatever their true identity, this artist has made an indelible mark on the cryptoverse. As they continue to produce enigmatic and captivating works of digital art, the crypto community will watch with bated breath, eager to uncover the truth behind this enigmatic and potentially revolutionary figure.
So, is Basedoshi truly Ryoshi in disguise? Only time will tell. For now, interested parties can follow this emerging artist through the following channels: