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About Rune

The Rune platform is an open-ended fantasy gaming universe. Players can play a battle, join a guild, collect powerful weapons and earn rewards. Rune is defining the future of blockchain gaming, evolving licensed NFT (non-fungible token) and marketplace. The Rune platform aims to build a modern gaming experience backed by open hash technology. (Hash is a function that completes the encrypted demands required to solve blockchain computation.)

According to the whitepaper, the Rune ecosystem aims to align the incentives between players and developers in novel ways. The ecosystem has two primary goals: 

Runes are small stones inscribed with magical symbols. Players can collect Rune to earn games, compete with other players, raid yield farms, purchase through the market, airdrops, boss battles, and other mechanics. (An airdrop is a marketing method of distribution of specific cryptocurrencies.)

The platform offers seven classes of heroes, and players can play with one of them. These heroes are regarded as unique NFTs in blockchain gaming. Runes must mint Rune words (NFTs), weapons, and armors suitable for every hero. (Minting is a process of producing new tokens through the proof-of-stake protocol.) A combination of Runes is a recipe that users need to know to mint or craft a rune word in the crafting cube. Users must burn at minimum one of each Rune in the recipe to craft NFT. 

The ecosystem of Rune allows players to have complete ownership over their gameplay, gaming assets, and future direction of the game. Rune ecosystem also allows players to create their hero out of seven classes and collect various runes. Players may have assets for life, monetize their hard work, and participate in governance, polling, and a constant feedback loop. Gamers can transfer their NFT to other games supporting Rune NFTs.

The RUNE is the BEP-20 governance token of the Rune ecosystem. A governance token is a token that empowers its owners to participate in the voting to shape the future protocol. The RUNE token allows coin owners to earn rewards through staking or participating in governance votes. The Rune universe allows users to earn tokens when the users play various games.  

The Rune website was launched in the fourth quarter of 2020.

Market

Brazil Market Stats

Market cap

R$336,370.41

Volume (24h)

R$2.6M

Circulating supply

13.5K RUNE

All time high

R$2,650.58

Price change (1h)

+0.36%

Price change (24h)

-1.15%

Price change (7d)

-9.62%

Brazil News about Rune

BeInCrypto • May 02, 24

MicroStrategy Enters Decentralized Identity Arena with Bitcoin-powered Protocol

MicroStrategy strengthen its focus on Bitcoin innovation by introducing Orange, a Bitcoin-based DID protocol.The post MicroStrategy Enters Decentralized Identity Arena with Bitcoin-powered Protocol appeared first on BeInCrypto.

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The Block • May 02, 24

MicroStrategy plans to launch decentralized ID solution: report

Microstrategy unveiled plans to launch a decentralized identity solution at a business presentation, according to an influencer on X.

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Bitcoin Magazine • May 02, 24

Texas A&M Professor to Launch Bitcoin Research Institute

Texas A&M Professor Korok Ray announced the launch of the Bitcoin Research Institute to explore the integration of Bitcoin and artificial intelligence.

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Decrypt • May 02, 24

MicroStrategy Is Building ‘Decentralized ID’ on Bitcoin Using Ordinals-Like Inscriptions

Michael Saylor announced the Orange protocol for decentralized identification, hoping to anchor digital identities in the dominant blockchain.

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BeInCrypto • May 01, 24

Celestia (TIA) Price Targets $7 as Investors Pull Back

Celestia's price is in a potential reversal stage and could so so only if the altcoin manages to bounce off these key.The post Celestia (TIA) Price Targets $7 as Investors Pull Back appeared first on BeInCrypto.

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Bitcoin Magazine • May 01, 24

MicroStrategy Announces Decentralized ID Platform On Bitcoin Called MicroStrategy Orange

Michael Saylor and the MicroStrategy EVP of Engineering announce the company's latest Bitcoin innovation at MicroStrategy World: Bitcoin for Corporations 2024.

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Coinbase Bytes

Coinbase Bytes

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Rune is on the decline this week.

The price of Rune has increased by 0.36% in the last hour and decreased by 1.15% in the past 24 hours. Rune’s price has also fallen by 9.62% in the past week. The current price is R$24.89 per RUNE with a 24-hour trading volume of R$2.57M. Currently, Rune is valued at 99.06% below its all time high of R$2,650.58. This all-time high was the highest price paid for Rune since its launch.

The current circulating supply of Rune is 13,516.984 RUNE which means that Rune has as total market cap of 13,516.984.

FAQ

What is the current price of Rune?

We update our Rune to BRL currency in real-time. Get the live price of Rune on Coinbase.

What is the market cap of Rune?

The current market cap of Rune is R$336.37K. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Rune?

The all-time high of Rune is R$2,650.58. This all-time high is highest price paid for Rune since it was launched.

What is the 24 hour trading volume of Rune?

Over the last 24 hours, the trading volume of Rune is R$2.57M.

How many Rune are there?

The current circulating supply of Rune is 14 thousand.

Can I buy Rune on Coinbase?

Yes, Rune is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy Rune guide.