21,000 Ordinals Anonymously Airdropped to Bitcoin Users

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  • An anonymous entity has airdropped Ordinals inscriptions to Bitcoin Ordinals users
  • The airdrop is presumed to be a precursor to an upcoming game
  • The airdrop has however received criticism with some saying it’s a scam

Barely a week after a cryptic message was inscribed on the Bitcoin blockchain, an anonymous entity, believed to be a game developer, has airdropped 21,000 Ordinals inscriptions to Bitcoin users. In one of the inscriptions, the entity said that the airdrop marks the start of “a technological arms race.” Some in the community think that the free Bitcoin NFTs are a way of gathering attention around an upcoming game, something that’s unpopular on the Bitcoin blockchain, while others think it’s a scam due to it sharing a name with a yet-to-be-launched Bitcoin-based project.

Secure a Bag of Runes

According to the anonymous entity, the airdropped inscriptions feature “cutting-edge RSICs […] designed for the sole purpose of securing a bag of runes,” in anticipation of the upcoming Bitcoin-powered runes project.

The entity calls itself Runecoin but has no links to the Rune project by Ordinals creator Casey Rodarmor. The entity disclosed that those that receive the free inscriptions can choose to either sell them, mine rune or let them sit idle in their wallets.

According to Runecoin, only 21,000 RSICs were produced because the factory mysteriously exploded. 

The inscriptions have attracted a sizeable trading volume of around $1 million although not everybody is excited. Some have questioned its adverts on X (formerly Twitter) and other social platforms while others are skeptical whether it’ll achieve its claims.

Deceptive Advertising?

NFT collector Leonidas, for example, noted that the project’s advertisements were deceptive since they impersonate the real Rune protocol which is yet to be launched. Runecoin’s X page also uses similar wordings as those used by Rodarmor.

With RSICs sneakly claiming connection with the Rune protocol, it’s to be seen whether it’ll fulfil its promises or its out to defraud unsuspecting Ordinals collectors.