The Captainz NFT Creator Memeland Introduces Runecoins Farming On Stakeland

Runes,
a
new
Bitcoin-based
fungible
token
protocol
and
potential
alternative
to
the
popular
BRC-20
token
standard,
continues
to
take
many
crypto
projects,
traders,
and
collectors
by
storm.
Memeland,
the
creator
of
the
Captainz
non-fungible
token
collection,
is
the
latest
crypto
project
to
join
the
Runes
ecosystem
hype
train.

Memeland
Introduces
Runecoins
Farming
on
Stakeland

In
an
April
16
blog
post,
Memeland
confirmed
introducing
Runecoins
farming,
a
pioneering
fungible
token
project
on
the
Bitcoin
network
that
uses
the
new
Runes
Protocol
developed
by
Casey
Rodarmor,
to
its
premier
staking
project,
Stakeland.
Traders
can
now
farm
Runecoins
by
staking
$Meme.

Introducing
the
premier
project
on

@Stakeland!

Meet
Runecoin
(@rune_coin),
a
pioneering
fungible
token
project
on
Bitcoin
that
uses
the
new
Runes
Protocol
developed
by
Casey
Rodarmor,
the
creator
of
Ordinals.

Farm
Runecoin
by
completing
quests
or
staking

$MEME
(@Memecoin)
or…

pic.twitter.com/JZGOY2kqGn

—
Memeland
❤️
Memecoin
(@Memeland)

April
16,
2024

Launched
in
2008,
Memeland
is
a
Web3
venture
studio
created
by
9GAG,
the
popular
Hong
Kong-based
meme-centric
entertainment
company.
The
Web3
venture
studio
came
to
the
spotlight
last
year
after
launching
The
Captainz,
a
non-fungible
token
collection
featuring
a
limited
supply
of
9,999
NFTs
hosted
on
the
Ethereum
blockchain
network.

Earlier
last
month,
Stakeland,
a
new
social
staking
protocol
with
a
strong
community
focus,
was
launched.
It
aims
to
bolster
the
Memeland
ecosystem
and
accelerate
the
growth
of
the
associated
meme
coin,
$MEME.
By
staking
crypto
assets
like
$MEME
or
other
digital
assets,
users
can
earn
tokens
from
new
projects,
participating
in
early
project
stages
to
garner
rewards
at
minimal
costs.

Stakeland
allows
crypto
users
to
stake
$MEME
and
other
crypto
assets
in
exchange
for
Steaks,
which
are
then
“burnt”
to
acquire
new
tokens
launched
on
the
platform.
The
process
also
involves
participating
in
simple,
fun
quests
to
learn
more
about
these
new
projects
and
supporting
new
ventures
with
a
committed
community
base.

I
am
not
under
any
pressure
from

@9gagceo
to
tweet
this:

Big
win
for

@Memeland!
????????‍????

https://t.co/klqc4CtBWt

pic.twitter.com/CyuCuWFEjz

—
Sandeep
AggLayer.
polygon
????
(@sandeepnailwal)

April
16,
2024

Runecoins
To
Distribute
2%
Of
Its
Supply
Via
Stakeland

Under
the
new
integration,
the
Runecoins
team
has
announced
that
2%
of
the
total
rune
supply
will
be
distributed
via
Stakeland
to
educate
and
onboard
new
folk
to
the
Runes
ecosystem.
This
percentage
comes
from
the
Runecoins
team
allocation
in
January
2024.

Earlier
this
year,
Runecoins
airdropped
21,000
digital
inscriptions,
dubbed
RSICs,
to
active
users
in
the
Bitcoin
Ordinals
space
since
its
inception
a
little
over
a
year
ago.
At
the
time,
the
RSICs,
which
stand
for
Rune
Specific
Inscription
Circuits,
were
airdropped
to
more
than
9,000
Bitcoin
wallets.

In
the
meantime,
Runecoins
has
inscribed
the
code
for
the
halvening
allocation
so
that
anyone
can
reproduce
it
and
confirm
it
is
fair.
This
covers
both
pooled
and
solo
RSICs.
However,
input
data
will
be
inscribed
later.
The
highly
anticipated
Bitcoin
halving
is
scheduled
to
happen
later
this
week.

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