what's Runestone?

Runestone is a pioneering project in the Bitcoin Ordinals ecosystem, designed to celebrate and expand the utility of inscriptions on the Bitcoin blockchain. Launched in early 2024, it focuses on creating large-scale, historically significant inscriptions that blend art, technology, and Bitcoin's narrative. The project emphasizes community-driven development through open-source algorithms, enabling transparent verification and participation. Runestone inscriptions serve as collectible NFTs, each tied to key moments in Bitcoin's history, and feature larger file sizes to support richer multimedia content compared to standard Ordinals. The project's hallmark is its commitment to fair distribution via airdrops, excluding whitelists or insider advantages. In March 2024, Runestone executed one of the largest airdrops in Bitcoin history, distributing unique inscriptions to over 112,000 eligible wallets based on prior inscription holdings. This "fairdrop" model rewards early adopters and organic engagement without creating junk UTXOs, aligning with Bitcoin's principles. Runestone also integrates with the Runes protocol for fungible tokens, paving the way for future token launches and ecosystem expansions while minimizing network congestion. Beyond inscriptions, Runestone fosters innovation in Bitcoin-based NFTs by supporting cross-chain bridges, decentralized exchanges, and community incentives. It has influenced trading activity in Ordinals, validating Bitcoin as a robust platform for digital collectibles and experimental projects.

Runestone is now a supported collection for 30-day ordinal loans.