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Decentralized, in collaboration with Magic Eden and CyberKongz, has introduced 'UNTITLED', a new Ordinals collection. This marks the first time a fungible token, DECENTRALIZED, will be used to mint a non-fungible collection. The initiative is a pioneering use case for Runes on Bitcoin. The collection will be minted and inscribed on Magic Eden, showcasing a novel approach to Ordinals minting. The announcement follows a week of significant gains for DECENTRALIZED, which is up over 11% today and 31% on the week.
NEW: Decentralized introduces "UNTITLED"..a new ordinals collection to be minted via Runes for the first time in collaboration with Magic Eden. https://t.co/xjX0ONCzx4
We’ve teamed up with @Decentralized02 to pioneer one of the first use cases for Runes: using a fungible to mint a non-fungible collection. Decentralized will mint their upcoming Ordinal collection on Magic Eden, marking the first collection both minted and inscribed off a Rune.… https://t.co/8cDsfhaVDR
In true CyberKongz style, the Decentralized team has partnered with @MagicEden to pave a new path for Runes on Bitcoin with the first ever collection mint using their rune, ⚡️DECENTRALIZED. https://t.co/Z11UT4qm6Q