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Information about RSIC•GENESIS•RUNE (RUNECOIN)
The Runes protocol, which enables the creation of fungible tokens (often “meme coins”) on the Bitcoin blockchain, was created by Ordinals protocol inventor Casey Rodarmor. Many tokens have already been launched on Bitcoin via the experimental BRC-20 protocol, which was built on top of Ordinals last year, but Runes is said to be a more efficient implementation.
Runecoin is one of the first 10 tokens etched via the Runes protocol and associated with the prominent RSIC Metaprotocol Ordinals collection. RSIC Metaprotocol is a collection of 21,000 NFT-like Ordinals inscriptions that were airdropped for free to the wallets of various Ordinals collectors in January. Runecoin tokens were then airdropped to RSIC holders last week following the token’s launch.
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