The Global Debut of RYO Coin: The Modern Revival of an Ancient Currency
RYO Coin is revolutionizing the world of cryptocurrency by merging cutting-edge technology with historical significance. Inspired by the ancient Japanese gold coin "RYO," RYO Coin is designed to reintroduce this traditional currency system into the digital age.
On May 25, 2024, RYO Coin was listed onXT.COM, bringing a fresh breeze to the cryptocurrency industry (1).
A few days later, on May 28, the official RYO website was launched, further solidifying its presence (2).
At that time, despite the RYO project not being officially launched yet, it had already achieved significant milestones. One of the most notable achievements was obtaining KYC certification from CertiK, a renowned blockchain security auditing firm.
CertiK is one of the most trusted auditing firms in the blockchain industry and the first Web3 security auditing company to achieve SOC II compliance. SOC II compliance meets stringent standards set by the American Institute of Certified Public Accountants (AICPA), demonstrating CertiK's commitment to customer data protection. To date, CertiK has collaborated with approximately 4,000 corporate clients and protected over $360 billion in digital assets (3).
The KYC Badge is a certification system that further emphasizes the transparency and reliability of the project, indicating the completion of the project's KYC process and providing investors with peace of mind (4).
The RYO project has passed CertiK's rigorous review, earning the following ratings (5):
KYC Bronze Verified: Enhances the transparency and reliability of the project by proving the actual existence and verified identities of the project's operators, thereby reducing the risk of fraud or malicious projects for investors and users.
Core Team Members 5 Verified: Indicates that five key team members responsible for major decisions are trustworthy, further strengthening the project's transparency and reliability. This certification includes verification of past activities, credibility of involved projects, criminal and legal history, and financial transaction history to check for signs of fraud or misconduct.
Geo Risk TIER 1: Evaluates the political and economic stability, regulatory compliance, and infrastructure reliability of the country where the project operates, indicating very low geographical risk.
This significantly enhances the overall reliability of the project. Achieving such high ratings before the project's official launch is an unprecedented accomplishment.
Today, May 31, 2024, marks the official world debut and listing of RYO.
The RYO project, with its excellent team and advanced technology, has meticulously prepared a system and ecosystem that can be used as a currency in compliance with the laws of various countries.
Furthermore, the project's reliability will continue to be strengthened in various ways.
There is no other project that has been prepared as meticulously as this.
When RYO's vision is realized, how will RYO and the world be transformed?
RYO's Digital Signage Poster Unveiled at Shibuya Scramble Crossing in Japan and 18 Major JR Stations
There is great anticipation for the RYO project's journey into the world starting today. The world is watching RYO's leap as it heralds the dawn of a new era in cryptocurrency.
References
Announcement:
XT Exchange
RYO Official Website:
SOC II Compliance: "CertiK Becomes the First Web3 Security Auditing Firm to Achieve SOC II Type I Compliance", GlobeNewswire, 2023.
KYC Badge Awards:
CertiK RYOcoin: