Bitcoin Network Will Run Runestone Token Airdrop
Ordinals project Runestone's team is getting ready to deliver the largest airdrop of a native token in honor of Ordinals' first anniversary.
The Runestone project represents an example of Casey Rodamore's vision for non-fungible tokens (NFTs) on the Bitcoin network. Holders of Runestones may potentially benefit when the Runes protocol becomes operational following the halving event. In short, Runestone intends to become a part of the greater Runes ecosystem.
Shout out to @okx for creating a tool to check if your Ordinals address will receive the Runestone airdrop!
— Leonidas (@LeonidasNFT) February 26, 2024
ARE YOU READY TO GET STONED?
→ https://t.co/DO0vMfGhF8 pic.twitter.com/ZQaetPEFIb
Despite this, the project has attracted the attention of investors. Nevertheless, the project has already attracted the attention of users. According to Whales Market, the pre-market floor price of Runestone is $545.
One of the developers of Runestone, Leonidas, announced the impending airdrop of the project's token. The requirements for the Runestone token airdrop include the presence of at least three distinct inscriptions, excluding those with file types beginning with "text/plain" and "application/json." Additionally, the user's wallet address must contain the inscriptions within blocks up to a maximum height of 826,600.
Over 110,000 addresses have already qualified for the token distribution, making it one of the largest airdrops on the Bitcoin network since the introduction of the Ordinals protocol. Users can check to see if their address qualifies for token distribution by using the OKX exchange platform or through the project's own interface.
The way the RSIC airdrop by @rune_coin was done is really neat and I hope airdropping to the Ordinals community becomes a trend but this type of marketing needs to be called out:
— Leonidas (@LeonidasNFT) January 22, 2024
“This is the first ever rune on bitcoin”
It obviously is not the first Rune on Bitcoin and Casey…
The enthusiasm surrounding Ordinals continues to increase. The protocol now accounts for a significant portion of Bitcoin network activity, and its increased block size has led to higher transaction fees, providing miners with significant rewards while also making mining more complex, with the complexity exceeding 81 trillion.
In addition, sales of Ordinals this week on major marketplaces surpassed $19.7 million. This week alone, sales of Ordinals totaled $14 million. Most users choose Magic Eden to purchase Ordinals. Last month, the platform launched a program that rewarded users with points for trading Ordinals and other NFTs.
