SNEAK PEEK
CyberKongz fully decentralised Rune No. 2 by sending it to Satoshi Nakamoto’s wallet.
The project invested over $1 million to preserve Rune No. 2’s autonomy and integrity.
The move could enhance CyberKongz NFT value and boost community engagement in the metaverse.
On September 6, 2024, CyberKongz made a landmark decision by decentralizing Rune No. 2 and transferring it to Satoshi Nakamoto’s wallet. This move underscores the project’s commitment to decentralization, which is extremely critical in ensuring Rune No. 2 operates without concentration. The decision reflects the belief that Rune No. 2’s powerful message should belong to the entire community.
Rune 2 DECENTRALIZED, etched by Ethereum NFT project CyberKongz, released a final statement that it will completely decentralize DECENTRALIZED, the team will withdraw, and said that Rune 2 has been sent to the Satoshi wallet. The team said that it cost more than $1 million to…— Wu Blockchain (@WuBlockchain) September 7, 2024
Rune No. 2’s story began with Prometheans, a pre-rune collection that symbolized exploration. These NFTs were primarily airdropped to the Bitcoin and Ordinals communities, setting the stage for what would eventually become the centrally organised ticker. Initially, Rune No. 2 was intended as a symbol of cultural value and provenance, not for further growth.
However, the CyberKongz team’s continuous experimentation led to the launch of the Untitled project, which emphasised Rune No. 2’s significance in Bitcoin history. This journey reflects the team’s ongoing commitment to innovation within the NFT space.
Besides, the decision to decentralise Rune No. 2 aligns with the broader movement within the blockchain community toward autonomy and community-driven initiatives.
CyberKongz invested over $1 million into Rune No. 2, underscoring the project’s material and cultural commitment. The investment was not merely about money but preserving the integrity and autonomy of Rune No. 2.
Hence, Rune No. 2 stands as more than just an NFT. It is a cultural timestamp connected to the Runes protocol and block 840,000, highlighting the ongoing shift towards decentralisation in the crypto space.
Furthermore, handing over Rune No. 2 to Satoshi Nakamoto’s wallet also indicates how the project is rooted in cryptocurrency. Thus, it guarantees the Rune No. 2 is kept free from centralized control, thus underlining the basic tenants of decentralization.
The controlled governance of Rune No. 2 could particularly effects the CyberKongz the environment. Although specific details about the rune’s future utility remain unknown., the project’s innovative history suggests potential benefits for the community. The rune might offer in-game utility within the CyberKongz metaverse, enhancing user engagement and increasing the value of CyberKongz NFTs.
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