Phase 3 - The Mime (ONGOING)
▣ Magic Internet Money Extraction ▣
Every inscription extracts Magic Internet Money (aka Runes)
The lower the tier, the more it extracts
Magic Internet Money is Magic Internet Money
It's all a meme
You can buy it, sell it, hold it, burn it
It might go up, it might go down, it might go up again
But at the end of the day, it's Magic Internet Money
Lower Tier = Higher Yield
Halvening Reward
Tier
GOBs on inscription
MIME Yield
8
256
10000
7
128
21000
6
64
44444
5
32
94000
4
16
199000
3
8
426900
2
4
920000
1
2
1980000
Genesis
1
4269000
The MIME Halvening Reward will occur just after block 840,000
Halvening Reward goes to the holder of each inscription (no mining)
Halvening Reward = 80% of Total Supply
Total supply is decided by how all players play the game
Final Tiers after the final cycle of Phase 2 decide the total supply
Total supply will be confirmed 210 Blocks before the halvening (block 839,790)
What are runes?
Runes are a fungible token protocol for Bitcoin.
WARNING
"Fungible tokens are, without exaggeration and nearly without exception, a vile abyss of hopium, scams, and incompetence.
Runes are no different.
If you want to make money, buy bitcoin." - Casey Rodarmor
"If you want to play with Magic Internet Money, play GOB" - Gobfather
LETS GOB
Last updated