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Home»NFT»Bitcoin Ordinals Runestones are broadcast
NFT

Bitcoin Ordinals Runestones are broadcast

2024-03-15No Comments3 Mins Read
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It’s raining Runestone. The highly anticipated Runestones airdrop took place late Thursday, sending Ordinal inscriptions to over 112,000 Bitcoin wallets.

“Something’s happening!” NFT historian and Runestone spokesperson Leonidas said on Twitter. “112,383 Runestones are approaching Earth’s atmosphere. Brace yourself for impact.”

According to Inscription marketplace Ordi, collectors hoping to receive a Runestone in the airdrop should go to the Bitcoin Ordinals platform and enter their wallet address, and sort by newest.

“It’s a decentralized, 100% volunteer effort – I tweeted the idea last month to do a huge airdrop to reward the first year’s Ordinals community,” Leonidas previously shared Declutter. “More than ten different companies in the Ordinals ecosystem have donated money, technical resources, etc. to help make this happen,” he added.

Ordi’s Twitter account states that Runestones will be mined in 81 batches of 1,400 over the next 48 hours and distributed to the first year Ordinals community.

“Remember, you earned your Runestone by showing up and participating in Ordinals when no one else did,” Leonidas said. “This was the only way to get a Runestone and there was no team assignment or pre-sale.”

INCOMING: 112,383 Runestones are being dropped to Xverse users!

Check them out on @ord_io 🔭✨

Did you get stoned? Show us👇
pic.twitter.com/sDPc83vhjt

— Xverse – Bitcoin Wallet for Web3 (@XverseApp) March 14, 2024

In a series of tweets, Leonidas informed Runestone collectors of the airdrop program.

“In the last 45 minutes, four batches of 1,400 Runestones have been enrolled and shipped to their destination address,” Leonidas said as the airdrop began. “Everything seems to be going smoothly. There are still 76 batches of 1,400 left and this is expected to take approximately 24 hours.”

Runestone Airdrop progress update:

In the last 45 minutes, four batches of 1,400 Runestones have been enrolled and sent to their destination address. Everything seems to be going smoothly. There are 76 batches of 1,400 left and this is expected to take about 24 hours.

Runestones…

— Leonidas (@LeonidasNFT) March 14, 2024

Behind the scenes, Leonidas highlighted Runestone partner Ordinalsbots, who are busy executing the rest of the massive inscription airdrop. Leonidas also noted that Ordinals marketplaces, including Magic Eden and Ordinalswallet, are working on indexing the Runestone inscriptions so they can be traded on the secondary market.

Looks like Runestones are coming in… who’s ready?

Oh, and you can trade them here as soon as the indexing is updated 😉 (The indexing will continue and be continuously updated over the next 24 hours) https://t.co/S8HdWhq8T9

— Magic Eden on Bitcoin 🟧 (@MEonBTC) March 14, 2024

“There is no shame in selling your Runestone,” Leonidas said. “Everyone has different living conditions. Congratulations to all buyers and sellers.”

Runestone secondary trading is live on @MEonBTC:

There is no shame in selling your Runestone. Everyone has different living conditions. Congratulations to all buyers and sellers.

→ https://t.co/GRe1px2pT9 pic.twitter.com/elSxE4MDR5

— Leonidas (@LeonidasNFT) March 14, 2024

Earlier this month, The Runestone, the largest ordinal inscription by block size at 3.97 MB, was auctioned. The winning bid for The Runestone, inscribed 63,140,674, was 8 BTC, or approximately $572,973.

See also  Research from Bitwise shows how much loss your Bitcoin suffers depending on how long you hold it

“It’s an honor to finally get stoned with all of you,” Leonidas concluded.

Edited by Ryan Ozawa.



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