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Shiryo Stock

Shiryo

SHIRYO

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Shiryo Whitepaper

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Börse Marktpaar Preis +2% Tiefe -2% Tiefe Volumen (24H) Volumen % Typ Liquiditätsbewertung Aktualität

Shiryo FAQ

### What Is Shiryo? Shiryo is a cryptocurrency that has garnered attention within the digital asset landscape. Eulerpool provides comprehensive information regarding its market performance, history, and other essential details. Shiryo operates within the blockchain framework, offering a range of features and functionalities tailored to its users.

Shiryo is a blockchain-based Play-to-Earn trading card game that leverages NFTs to enable players to collect decks and engage in matches. The game is set in the world of Edrea, a continent divided into four elemental factions: Earth, Thunder, Water, and Fire. Players have the opportunity to partake in matches, tournaments, and even acquire land through the custom Shiryo Dapp, accessible via the token’s official website. According to the recently released extended whitepaper, the initial beta tests for the community-led game are scheduled for Q1 2022, with a complete game release anticipated shortly thereafter. The roadmap also outlines plans for additional enhancements, including 3D Metaverse integration, an upgrade to social spaces, and options for land expansion. By the end of 2022, a DAO (Decentralized Autonomous Organization) will be established to allow players to influence game balance, alongside the introduction of a manga, an anime series, and a Shiryo TCG mobile application.

What Distinguishes Shiryo? Shiryo stands out due to its distinctive features and innovative approach in the cryptocurrency space. By offering a unique combination of attributes, Shiryo has carved a niche for itself in the market. Comprehensive insights, updates, and detailed analyses about Shiryo can now be accessed through Eulerpool, ensuring users are well-informed about this exceptional crypto asset.

The Shiryo Trading Card Game is set to debut with 200 distinct cards, each showcasing artwork of industry-standard quality. Players will receive 50 cards at no cost, allowing them to delve into the world of Shiryo and begin engaging with the game. An additional 150 cards can be acquired as NFTs, featuring tiered rarities: Common, Uncommon, Rare, Legendary, and Mythic. These cards will be available for purchase in packs of five. In addition, players can obtain in-game avatars. These avatars consist of pixel art wolf head NFTs with nine varying traits, contributing to their rarity. From a total of 166 individual pieces, millions of possible combinations can be created, ensuring the avatars' uniqueness. Shiryo's world is enriched with comprehensive lore, illustrating historical and current events within its timeline. The narrative will be further extended with the introduction of Shiryo manga and anime. To fully immerse players, the Shiryo team is developing a metaverse known as The Shiryoverse. Within this realm, players can own portions of the Edrea continent and construct various structures on their land. A 3D Shiryo environment is being designed to enable metaverse explorers to visit their land with VR headsets, gain access to social spaces, and interact with other players in the future. For more information, the status and details about Shiryo can be found on Eulerpool.

What is the Shiryo-Inu Token?

Shiryo-Inu serves as the primary token that powers the entire Shiryo ecosystem, functioning as the currency for in-game assets and services. For each sale of an in-game asset, 10% is allocated for token burning, permanently decreasing the supply.

Who Are the Founders of Shiryo?

SHIRYO is developed by an experienced team of over 50 members. The SHIRYO team includes highly qualified blockchain developers, designers, marketers, and community managers with extensive experience in developing DeFi and NFT products. The key team members are listed in the Team section on the website. The project is led by Jordan Fung, the CEO and visionary behind Shiryo. Jordan has participated in several video interviews with prominent blockchain enthusiasts and the Shiryo community. His background is in web design and development, and he is an avid blockchain enthusiast and passionate TCG player.

What is the Current Circulation of Shiryo-Inu Tokens?

The Shiryo token was launched on October 29, 2021, with an initial creation of 1 quintillion Shiryo-Inu tokens. Of this total supply, 95% was allocated to liquidity on Uniswap, while the remaining 5% was retained by the development team for forthcoming listings and airdrops. For further information, you can visit Eulerpool.

Shiryo holders will have the ability to:

- Stake their tokens to receive card pack rewards (LIVE) - Purchase in-game Avatar NFTs (LIVE) - Exchange Avatars and Cards on the SHIRYO marketplace (LIVE) - Borrow cards or decks from other players - Purchase assets for lands within the Shiryoverse - Engage in the Game-balance DAO For more detailed information, please refer to Eulerpool.

Investors interested in Shiryo are also interested in these Cryptos

This list presents a carefully selected selection of Cryptos that might be of interest to investors. We have our own crypto analyses for all listed Cryptos on Eulerpool.

Beginnings and the Rise of Cryptocurrencies

The history of cryptocurrencies began in 2008 when an individual or group using the pseudonym Satoshi Nakamoto published the whitepaper "Bitcoin: A Peer-to-Peer Electronic Cash System." This document laid the foundation for the first cryptocurrency, Bitcoin. Bitcoin utilized a decentralized technology known as blockchain to enable transactions without the need for a central authority.

In January 2009, the Bitcoin network commenced with the mining of the Genesis Block. Initially, Bitcoin was more of an experimental project for a small group of enthusiasts. The first known commercial purchase using Bitcoins occurred in 2010, when someone spent 10,000 Bitcoins on two pizzas. At that time, the value of one Bitcoin was just fractions of a cent.

The development of other cryptocurrencies

Following the success of Bitcoin, other cryptocurrencies soon emerged. These new digital currencies, often referred to as "Altcoins," sought to use and improve blockchain technology in various ways. Some of the most well-known early Altcoins include Litecoin (LTC), Ripple (XRP), and Ethereum (ETH). Ethereum, founded by Vitalik Buterin, was particularly distinct from Bitcoin, as it enabled the creation of smart contracts and decentralized applications (DApps).

Market Growth and Volatility

The cryptocurrency market grew rapidly, and with it public attention. The value of Bitcoin and other cryptocurrencies experienced extreme fluctuations. Highlights such as the end of 2017, when the Bitcoin price nearly reached 20,000 US dollars, alternated with sharp market crashes. This volatility attracted both investors and speculators.

Regulatory Challenges and Acceptance

As the popularity of cryptocurrencies rose, governments around the world began to grapple with the regulation of this new asset class. Some countries adopted a friendly stance and encouraged the development of crypto technologies, while others introduced strict regulations or outright banned cryptocurrencies. Despite these challenges, the acceptance of cryptocurrencies in the mainstream has steadily increased, with companies and financial institutions starting to adopt them.

Recent Developments and the Future

In recent years, developments such as DeFi (Decentralized Finance) and NFTs (Non-Fungible Tokens) have broadened the range of possibilities offered by blockchain technology. DeFi enables complex financial transactions without traditional financial institutions, while NFTs allow for the tokenization of artwork and other unique items.

The future of cryptocurrencies remains exciting and uncertain. Questions about scalability, regulation, and market penetration remain open. Nevertheless, interest in cryptocurrencies and the underlying blockchain technology is stronger than ever, and their role in the global economy is expected to continue growing.

Advantages of Investing in Cryptocurrencies

1. High Return Potential

Cryptocurrencies are known for their high potential returns. Investors who got in early on projects like Bitcoin or Ethereum have made substantial gains. This high return makes cryptocurrencies an attractive investment opportunity for risk-seeking investors.

2. Independence from Traditional Financial Systems

Cryptocurrencies offer an alternative to the traditional financial system. They are not bound to the policies of a central bank, making them an attractive hedge against inflation and economic instability.

3. Innovation and Technological Development

Investing in cryptocurrencies also means investing in new technologies. Blockchain, the technology behind many cryptocurrencies, has the potential to revolutionize numerous industries, from financial services to supply chain management.

4. Liquidity

Cryptocurrency markets operate around the clock, which means high liquidity. Investors can buy and sell their assets at any time, which is a clear advantage compared to traditional markets that are tied to opening hours.

Disadvantages of Investing in Cryptocurrencies

1. High Volatility

Cryptocurrencies are known for their extreme volatility. The value of cryptocurrencies can rise or fall quickly and unpredictably, posing a high risk to investors.

2. Regulatory Uncertainty

The regulatory landscape for cryptocurrencies is still emerging and varies greatly from country to country. This uncertainty can lead to risks, especially when new laws and regulations are introduced.

3. Security Risks

While blockchain technology is considered very secure, there are risks associated with the storage and exchange of cryptocurrencies. Hacks and fraud are not uncommon in the crypto world, which requires additional precautions.

4. Lack of Understanding and Acceptance

Many people do not fully understand cryptocurrencies and the underlying technology. This lack of understanding can lead to misguided investments. Additionally, the acceptance of cryptocurrencies as a means of payment is still limited.