The Bitcoin Wizard community announces the MAGIC INTERNET MONEY rune distribution plan

ChainCatcher news, the Bitcoin Wizard community officially announced the distribution plan for its MAGIC INTERNET MONEY runes.

The Bitcoin Wizard community will take a snapshot of the market capitalization of the BRC-20 token $WZRD and the Bitcoin Wizard Ordinals series NFTs at the 1337th block height (841,337) after the Bitcoin halving, and will sum the market capitalizations of both, distributing it proportionally to holders. From this, 25% will be deducted for public distribution, to be distributed to new users of the Runes protocol through public minting or airdrops, and 20% will be deducted for project investment, community incentives, and other long-term development needs.

It is important to note that $WZRD is only an early test token for the project, while Magic Internet Money is the true project token and meme coin of the Bitcoin Wizard ecosystem. The Bitcoin Wizard community emphasizes that announcing the snapshot block height is to give all participants a fair opportunity to position themselves within the ecosystem. At the same time, they urge community members not to easily trust any tokens claiming to be Magic Internet Money and to wait for further news from official channels.

The Bitcoin Wizard community states that developing the community is the fundamental goal of the project, not for profit. They hope community members will uphold their original intentions and work together to spread joy and magic around the world.