Chris Chris 05.04.2023

Rinia is a Token for All People — Interview with D, Financial Backer at Rinia Inu

Chris: What inspired you to start Rini Ainu, and how did you come up with the idea?

D: Rinia Inu started from the fact that Shiba Inu stole the code from Rinia chain. The idea being that the rightful owner of the true memecoin on ETH is Rinia Inu and not Shiba Inu.

Chris: Can you tell us more about your team and the people behind Rini Ainu?

D: There's really no team behind it at the moment and it is in early stages where people are stepping up to do different things. Even I am not a team member though I do support it with finances and reaching out to prominent people in the space. The original dev of the coin has been bought out of the liquidity pool and has since locked for 100 years. 

Chris: What are the main goals of Rini Ainu, and how do you plan to achieve them?

D: Rinia will take it's rightful spot as the #1 memecoin on ETH. There are a few ways  behind the scenes we have been working on. For one we plan trending this coin on websites like dextools indefinitely so long as the pool remains above about 50 ETH through organic means. While the pool is below 50  ETH marks the accumulation phase of the coin. Every coin has to go through these accumulation phases before they achieve new heights so as not to run out of steam later on. It helps us continue to grow our community and get the word out there. We are also in extensive talks with other coins as well for help. One being PAWSWAP which has achieved 50+ Million Market cap and is currently trying to utilize a cross-chain DEX. They will utilize their cross-dex capabilities for the true Rinia chain (but we are all currently going to propose it and have a  vote on it once a DAO is proposed.) Another was Floki, but as an original team member of Floki that helped work to achieve its highest peaks,  I myself have recognized that the current Floki team is not the same team that was responsible for its success and is instead a team of grifters and con artists. They wanted to control Rinia and were sadly more interested in making a quick buck than fostering a community and making much more in a longer timespan. We are also in talk at poaching a few upcoming projects on the Shibarium network one in particular being Pawzone. They are working on an NFT marketplace, a gaming platform, and a staking platform for Shiba Inu but have expressed interest on working for us instead after hearing about how Shibarium  was greatly helped by the open source code of Rinia.

Chris: How does Rini Ainu differentiate itself from other similar projects in the market?

D: I think what differentiates Rinia more than other smaller projects is the community. So far we have been in talk with some of the largest projects in the memespace. We are also going back and forth with a few CEXes on listing our coin on their platform, though this will ultimately be up to the community as we recognize a CEX can be counter intuitive to growing a decentralized community and can in some cases even be harmful. No other token in the space has their own dedicated organic dextools trending as well. In fact, one of the last projects to have that was Floki.

Chris: What challenges have you faced so far while building Rini Ainu, and how have you overcome them?

D: The first challenge for us was also the most difficult. The developer showing no interest in the project forced us to have to pay for the pool out of pocket. Ultimately this works in our favor though, because the community now controls the liquidity pool entirely for a century.

Chris: Can you share some success stories or positive feedback from your users or customers?

D: I think it is still far too early to share success stories, as the tale is yet to be told. Right now the coin has been overwhelmed with positive feedback from the community who is eager to watch the seed blossom into a beautiful tree.

Chris: How do you see Rini Ainu evolving in the future, and what new features or services do you plan to add?

D: I see Rinia Inu evolving as a truly decentralized community. Everything must be voted on through a DAO instead of taking liberties. As one who was in Shiba Inu early, their failure to consult with the community before making decisions was far worse than anticipated. It was unfortunately decentralized only in name and I am sure the hundreds of early Shiba Inu holders can attest to this. Because of this, I think it is extremely important to make sure the plans are proposed through community and come from the community. A little known fact about Shiba Inu early on is that they were scrambling to develop Shiba swap and were afraid of getting sued that Ryoshi got scammed for over $100k trying to look for a developer to fork something as simple as uniswap. Rinia will use this as a lesson on how not to run things.

Chris: What advice would you give to someone who is considering starting their own project or business?

D: I would say if you are going to start a crypto memecoin, make sure to foster the community first. Never take liberties that aren't yours to take. Make sure it is truly decentralized if you are on a decentralized platform like ETH. Most importantly have a plan on how you want to achieve greater heights.