News

Runestone Launches with No Pre-sale, Team Assignment!

Key Points:

  • No pre-sale or team allocation ensures fairness.
  • Algorithm doesn’t favor large investors, promoting inclusivity.
  • Distributed to 112,384 addresses for free, fostering community engagement.
The developer of Ordinals has made waves by announcing Runestone launches with no pre-sale, a groundbreaking project that challenges traditional norms.

Taking to Twitter, the developer revealed several key features that set Runestone apart from conventional cryptocurrency projects.

First and foremost, Runestone distinguishes itself by eschewing the common practice of pre-sales and team allocations. This decision represents a departure from the status quo, signaling a commitment to fairness and equity in token distribution.

Read more: opBNB Review: The First Layer 2 Of BNB Chain

No Pre-Sale, No Team Allocation

The algorithm underpinning Runestone is designed to level the playing field by not favoring large investors. This move aims to democratize access to the project, ensuring that all participants have an equal opportunity to engage with the platform.

Runestone operates as a 100% volunteer initiative, highlighting the dedication and passion of its contributors. This volunteer-driven approach speaks to the project’s grassroots origins and underscores the community-driven ethos at its core.

Algorithm Benefits All, Volunteer-Driven Initiative Promotes Equity

Runestone has been distributed to a staggering 112,384 addresses free of charge. This widespread distribution ensures that Runestone reaches a diverse array of participants, fostering a vibrant and engaged community.

The announcement of Runestone represents a paradigm shift in the cryptocurrency landscape, challenging existing norms and charting a new course for decentralized projects. By prioritizing fairness, inclusivity, and community engagement, Runestone sets a new standard for transparency and integrity in the industry.

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

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