Airdrop Sends Runestones to Over 112,000 Bitcoin Wallets
The highly anticipated Runestones airdrop took place late Thursday, with over 112,000 Bitcoin wallets receiving Ordinal inscriptions. NFT historian and Runestone spokesperson Leonidas expressed excitement on Twitter, warning people to brace themselves for the impact of the 112,383 Runestones approaching Earth’s atmosphere.
How to Receive a Runestone in the Airdrop
To be eligible for the Runestone airdrop, collectors had to visit the Bitcoin Ordinals platform on the Inscription marketplace Ordi and enter their wallet address. They also needed to sort by newest to increase their chances of receiving a Runestone in the airdrop.
Leonidas described the airdrop as a decentralized, volunteer effort that was made possible through the collaboration of over ten different companies in the Ordinals ecosystem. These companies donated funds and engineering resources to support the massive airdrop.
Runestones Mined and Distributed in Batches
The Ordi Twitter account announced that Runestones would be mined and distributed in 81 batches of 1,400 over the course of 48 hours. Leonidas emphasized that these Runestones were exclusively earned by participating in Ordinals during its first year, with no team allocation or pre-sale involved.
Leonidas provided updates on the progress of the airdrop through tweets. He mentioned that four batches of 1,400 Runestones had already been inscribed and sent out within the first 45 minutes of the airdrop. He estimated that it would take around 24 more hours to complete the distribution of the remaining 76 batches.
Partnerships and Secondary Market Trading
Behind the scenes, Leonidas acknowledged the efforts of Runestone partner Ordinalsbots in executing the rest of the airdrop. He also highlighted the work of Ordinals marketplaces, such as Magic Eden and Ordinalswallet, in indexing the Runestone inscriptions for trading on the secondary market.
Selling Runestones and Recent Auction
Leonidas assured collectors that there was no shame in selling their Runestones, as everyone has different life circumstances. He congratulated both buyers and sellers on their transactions. In a previous auction, The Runestone, which was the largest ordinal inscription by block size at 3.97 MB, was sold for 8 BTC (approximately $572,973).
Hot Take: An Exciting Airdrop and Future Trading Opportunities
The Runestones airdrop has generated a lot of excitement among crypto enthusiasts who participated in Ordinals during its first year. With over 112,000 Bitcoin wallets receiving these unique inscriptions, collectors now have the opportunity to own and trade Runestones on the secondary market.
Thanks to the collaboration of various companies within the Ordinals ecosystem, this massive airdrop became a reality. The decentralized and volunteer effort behind it showcases the community’s commitment to rewarding early adopters and participants.
As Runestones continue to be distributed in batches over the next 48 hours, collectors can monitor their wallets for incoming inscriptions. They can also explore trading opportunities on platforms like Magic Eden and Ordinalswallet once the indexing process is complete.
Whether collectors choose to hold onto their Runestones or sell them, they are now part of a growing community that shares a common interest in these unique digital artifacts. The future trading activity surrounding Runestones will undoubtedly add another layer of excitement and engagement to the crypto space.
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