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What is the utility of Runes anyway? None. It only exists as a cash grab, for early adopters of the token to make money off of it. And it's going to be forgotten like Runes as soon as the Next Big Token(TM) is created on Bitcoin.
If you ask the usefulness of the Rune protocol allows the creation and management of fungible tokens on the Bitcoin blockchain, as the Tokenization of Assets on the Bitcoin network, Increasing Liquidity throughout the Bitcoin market.
Simplify Transactions as Rune Protocol uses Bitcoin's existing UTXO (Unspent Transaction Output) model, thus simplifying the process of token creation and transfer, Network Efficiency and as a new Potential DeFi Innovation on the Bitcoin blockchain.
But about some Cons about the Rune Protocol, there will always be.
Early users do benefit but that doesn't mean it won't generate for new users who log into the network.
I am curious.
How much did you paid in your rune, and how much is it worth now?
I received a lot of dog in the airdrop! Nearly 8k usd now.
Which wallet do you use to hold runes and dog? Unisat?
I never bought RUNESTONE, it was dropped for an eligible Ordinal Wallet by holding a minimum of 3 NFT JPGs.
Everything is obtained for free, including $DOG that are dropped for free as well.
Leonidas' goal is purely for the fair community, with no presale and no payment whatsoever for the Team or influencers.
$DOG is fully community managed and is now worth $8k and that's pretty incredible, but the target is still a long way off and it will still continue after reaching the $1B Marketcap.