Runes Ecosystem Weekly Overview ▣ 2024.4.22-4.28

Runes Chinese Community
2024-04-30 18:22:02
Collection
The Runes Asia 2024 Summit, co-hosted by the Runes Chinese Community, is coming soon!
  1. The Runes Asia 2024 Summit, co-hosted by the Runes Chinese Community, is coming soon!

  2. The snapshot for the $DOG airdrop has been taken.

  3. The airdrop for Runes MANIA•MANIA•MANIA has been completed.

  4. Z•Z•Z•Z•Z•FEHU•Z•Z•Z•Z•Z missed minting, got buried, and bought on the market; there will be new $FEHU allocations later.

  5. The Magic Eden trading market will update the convenient features for Runes.

  6. A review of RuneAlpha's achievements after the halving.

  7. CyberKongz announced new rules for the Runes airdrop.

  8. The Prometheans snapshot will occur at block 841,269.

  9. The first batch of RunePunks is currently being snapped.

  10. The Runes SUPER•MARIO•COIN mushroom 🍄 airdrop has been successfully completed.

  11. The Runes HOPE•YOU•GET•RICH (#431) will be the first Runes asset supported by the OmnityNetwork red packet application.

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Progress of Ecological Projects

1. The Runes Asia 2024 Summit, co-hosted by the Runes Chinese Community, is coming soon!

On April 27, 2024, the Runes Chinese Community announced that the Runes Asia 2024 Summit is coming soon!

Date: May 9, 2024, all day

Location: Hong Kong Kai Tak Cruise Terminal

Register now: https://lu.ma/RunesAsia

During BitcoinAsia:

💡 Inviting senior Builders, KOLs, and OGs from the Runes ecosystem to discuss with popular BTC ecological projects and investment institutions.

💡 Focusing on Runes protocol technology, discussing hardcore content around the issuance of new $BTC assets, DeFi, and cross-chain assets, exploring the development trends and technological innovations of the Runes ecosystem in 2024.

Everyone is welcome to join! Details: https://twitter.com/RunesCC/status/1782982462282530960

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2. The snapshot for the $DOG airdrop has been taken.

On April 22, 2024, Leonidas announced that each Runes stone held at block 840,269 will receive 889,806 $DOG tokens.

Details: https://twitter.com/RunesCC/status/1782233778599125349

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3. The airdrop for Runes MANIA•MANIA•MANIA has been completed.

On April 24, 2024, Rune Mania Miner tweeted that the total amount of $mania mined = 486,033,408,150.

MANIA•MANIA•MANIA will airdrop 500,000,000,000 Runes to all miners!

Details: https://twitter.com/RunesCC/status/1782942013434077466

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On April 25, 2024, Rune Mania Miner announced that the airdrop for Runes MANIA•MANIA•MANIA has been completed.

Details: https://twitter.com/RunesCC/status/1783323834579648860

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4. Z•Z•Z•Z•Z•FEHU•Z•Z•Z•Z•Z missed minting, got buried, and bought on the market; there will be new $FEHU allocations later.

On April 24, 2024, Fehu announced that the Runes Z•Z•Z•Z•Z•FEHU•Z•Z•Z•Z•Z missed minting, got buried, and bought on the market; there will be new $FEHU allocations later. Minting has ended, with a total of 1,110,000 pieces, and the current floor price is 45,999 sats/piece.

Details: https://twitter.com/RunesCC/status/1783310845587652953

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5. The Magic Eden trading market will update the convenient features for Runes.

On April 25, 2024, Magic Eden's official Twitter announced that the Magic Eden trading market will update the convenient features for Runes.

Details: https://twitter.com/RunesCC/status/1783690771818074525

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6. A review of RuneAlpha's achievements after the halving

On April 26, 2024, RuneAlpha reviewed its achievements after the halving:

1️⃣ Successfully migrated COOK to 98%.

2️⃣ Added cooking features to make finding gems easier.

3️⃣ Improved Explorer speed and enhanced UX.

RuneAlpha collected feedback and suggestions on how to further develop RuneAlpha.

Details: https://twitter.com/RunesCC/status/1783774185153810926

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7. CyberKongz announced new rules for the Runes airdrop

On April 27, 2024, CyberKongz announced new rules for the Runes airdrop:

1️⃣ A total of 945,000,000 DECENTRALIZED (4.5% of the supply) will be allocated to the Ordinals community.

2️⃣ All wallets from the previously selected 20 communities that did not receive the Promethean airdrop will receive DECENTRALIZED allocations from the 4.5% allocated to the Ordinals community.

3️⃣ Communities not included in the Prometheans airdrop (new cooperative communities will be announced on the DECENTRALIZED account) will have each independent wallet receive DECENTRALIZED token allocations.

4️⃣ Pre-rune collections and all wallets that received Prometheans allocations are not included in this airdrop. Finally, the project team promises to continue operating humbly and respectfully and invites everyone to join.

Details: https://twitter.com/RunesCC/status/1784035413759611007

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8. The Prometheans snapshot will occur at block 841,269.

On April 28, 2024, CyberKongz announced that the Prometheans snapshot will occur at block 841,269.

You must hold Promethean until that block is mined. Allocations are based on Promethean rather than wallets, so there is no need to move or separate Promethean.

Details: https://twitter.com/RunesCC/status/1784391896493879681

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9. The first batch of RunePunks is currently being snapped

On April 28, 2024, Rune Punks announced that the first batch of RunePunks is currently being snapped.

Holding 3 or more RunePunks will airdrop 1 RunePunk miner for every 3 held.

If you hold 6, you will receive 2 RunePunk miners.

Once sold out, Rune Punks will be listed immediately.

Details: https://twitter.com/RunesCC/status/1784393079224783133

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10. The Runes SUPER•MARIO•COIN airdrop has been successfully completed

On April 28, 2024, RuneBox announced that the Runes SUPER•MARIO•COIN has successfully completed the airdrop of all pre-mined tokens to Runebox community members.

Details: https://twitter.com/RunesCC/status/1784396479341412762

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11. The OmnityNetwork mainnet is online

On April 28, 2024, the OmnityNetwork mainnet went live, and the Runes HOPE•YOU•GET•RICH (#431) will be the first Runes asset supported by the OmnityNetwork red packet application.

Details: https://twitter.com/RunesCC/status/1784461503544062234

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Recommended Reading for Runes This Week

1. The Runes Chinese Community held an online themed Space

On April 25, 2024, the Runes Chinese Community held an online themed Space titled "What to Do Next After Runes Went Live and Faced FUD?"

▣ Feelings after the launch of the Runes protocol, how to view FUD?

▣ Currently favored Runes tokens and investment strategies.

▣ Outlook on the future development of the Runes ecosystem, how to break the deadlock?

Details: https://twitter.com/RunesCC/status/1783320968183902292

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2. Bitliili published an article on What Happened After the Runes Protocol Went Live

On April 23, 2024, Bitliili published an article titled "Long Characters, Unintelligible, and Soaring Fees | What Happened After the Runes Protocol Went Live?" Reusing UTXO, batch airdrops, and flexible orders, advanced operations are on the way.

Bitliili also shared personal tips on choosing fees (taking a ticket progress of less than 60% as an example)

First, look at the mempool; if it has been more than 5 minutes since the last block, choose a position of about 70%. If it has been less than 5 minutes since the last block, the next block time will be relatively long, and it may choose the turning point formed.

If the ticket progress has exceeded 70%, and there is a lot of FOMO on-chain, I might directly give 150% of the recommended fee rate (for example, if the recommended fee rate is 100, I will give 150 or even higher directly)

In short, it is better to give more fees than to be stuck in the mempool or buried.

Click the above link to view ⏫

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3. Portal_Kay discussed that the BTC ecosystem is in an awkward period…

On April 25, 2024, Portal_Kay explained what everyone is FUDing about five days after the Runes protocol went live.

FUD content regarding Runes can mainly be divided into two categories:

1️⃣ FUD regarding the Runes protocol settings;

2️⃣ FUD regarding the value of Runes assets.

What everyone is really FUDing about may be the "excessive issuance of assets without any fresh narratives"!

Click the above link to view ⏫

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4. The Runes Chinese Community published a glossary article

On April 25, 2024, the Runes Chinese Community published an article explaining terms: "What do HODL, FUD, FOMO, and other Bitcoin slang mean?"

Click the above link to view ⏫

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Disclaimer: This article is for reference only and should not be used as legal, tax, investment, financial, or any other advice, and does not represent the position of RunesCC.

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