Osaka Protocol, spiritual successor to Shiba Inu, launches decentralized NFT project

If you go to a cryptocurrency conference, there’s always at least one person who tells a similar story about how they had a coin in their wallet and sold it for a penny, but it would later be worth billions or millions of dollars. That was the case with the Shiba Inu, who had it all and sold it too early, missing out on a life-changing fortune. Founded by the mysterious Ryoshi, Shiba was an experiment in decentralization to see what would happen if no individual or group controlled responsibility for supply or growth. In that case, founder Ryoshi famously never owned a single Shiba Inu and encouraged people to take responsibility as if they were the founder. The results prove that Shiba Inu is a multi-billion dollar coin. A few years later, a similar story emerges about the Osaka Protocol and its (also) mysterious founder, Mephisto.

Mephisto wanted to pick up where Ryoshi left off and build a community based on pure decentralization. To achieve this, when new people join the community, they are called “developers” or developers, a term that usually refers to the project founder or team. He used to say, “If you own 1% of the supply, you are 1% responsible for the success of the project.” This empowering attitude has worked as expected for the ongoing army of thousands of “developers” building Osaka properties across the internet and around the world, including most recently:

– 7 multi-chain bridges to trade Osaka on Ethereum, Avalanche, BNB Smart Chain, Arbitrum, Polygon, Optimism and Base
– Organized community events and “raids”

The next step is a decentralized NFT project that will be launched in the next three weeks.

This collaborative attitude has helped Osaka grow its market capitalization to over $100 million and amass tens of thousands of holders across all chains. What’s most impressive is that the growth has come from small wallet wallets, as Mephisto puts it, “$50-500” of developers buying and holding “up to the moon.” This is a proper and sustainable way to grow your coins rather than buying big whales, which tend to fluctuate prices and are not conducive to sustainable growth.

In addition to its fast-growing English-speaking community, Osaka enjoys great popularity globally, with active communities in Poland, Brazil, Indonesia, and Turkey. Now Osaka is on a moon mission and looking for more ‘developers’ if they want to be part of something bigger than just one person and make a lot of money in the process.

The best way to connect with Osak is to visit the community website https://osaka.win/.

Or read Mephisto’s first Medium article https://medium.com/@mephis3/hello-frens-1531b48666cb

Disclaimer: The information provided in this press release is not an investment recommendation and is not intended as investment advice, financial advice or trading advice. We strongly recommend that you practice due diligence (including consulting a professional financial advisor) before investing in or trading securities and cryptocurrencies.