Sparking the Latest Mystery Surrounding Bitcoin Ordinals
On Sunday, someone airdropped 21,000 digital inscriptions as part of a game promotion. The group behind the airdrop calls itself Runecoin, but it is unrelated to the Runes concept designed by Ordinals’ original developer. The Runecoin rules state that all 21,000 RSIC inscriptions were initially manufactured but can no longer be produced due to a mysterious explosion. These RSICs are being airdropped to the Ordinals community, giving RSIC holders three options: mine runes, sell RSICs on the market, or let their RSICs fade.
A Riddle on the Bitcoin Blockchain
Last week, a message on the Bitcoin blockchain contained a riddle that caused excitement in the Ordinals community. The riddle was followed by a string of numbers. The inscription “game” drew excitement from some Ordinals faithful, while others questioned its claims and how it was advertised on social media.
The Concerns and Criticisms
Crypto podcast host Jake Gallen expressed concern about buyers being misled and advocated for transparency and informed decision-making. He emphasized the importance of doing thorough research before participating in such activities. Other critics also called out the marketing tactics used by Runecoin and advised waiting for the release of the Rune protocol before getting involved.
Hot Take: The Controversy Surrounding Runecoin Airdrop
The recent Runecoin airdrop has sparked controversy within the Ordinals community. While some see it as an exciting game promotion, others have raised concerns about misleading marketing tactics and the lack of transparency surrounding the project. Critics argue that calling the airdropped inscriptions “runes” misrepresents their true nature and potential value. They advise potential buyers to wait for the release of the Rune protocol before making any decisions. The controversy highlights the importance of thorough research and informed decision-making in the crypto space.