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BTC Substance Academy
  • VESSELS
    • VESSELS - DMT UNAT
      • Bitcoin Data Representation & Provably Fair Mint
      • Interactive 3D Art
      • Generative Art Algortithms
      • Update Over Time
      • Provable Randomness & Simulations
  • BLOCKCRAFT WORLD
    • BlockCraft World - Beta
  • Introduction
  • BTC Substance
    • Satributes and Ordinals Tech
    • Generative Art
    • THREE.js Post-Processing
  • BRC-20
    • Overview
    • BRC-20 HelperBot
    • Bot Usage Instruction
  • Resources
    • Inscribed Libraries
  • TAP-SUBSATNCE
    • Runic Portals
    • Token Overview
    • TAP F.A.Q.
  • Runes
    • RUNIC SUBSTANCE
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  • TOKENOMICS BREAKDOWN:
  • Who will get an allocation?
  • Future plans for RUNIC SUBSTANCE
  1. Runes

RUNIC SUBSTANCE

Details on our official rune, RUNIC SUBSTANCE

PreviousTAP F.A.Q.

Last updated 1 year ago

This puts us in a scarce group of runes that were etched on 840,000, which will always be visible on-chain.

We also etched (to my knowledge) the first rune with an interactive 3D art piece attached to it! This piece also uses parent child provenance to connect it to , which will be used as the parent for all future BTC Substance related inscriptions.

As promised, TAP-SUBSTANCE holders will be entitled to a free claim of our rune, directly tied to their ownership amount. I'm currently researching tools for doing a claim vs an airdrop, and I will announce the official distribution method later this week, after the fees die down. I'll make sure it's easy and affordable for you to get your runes.

TOKENOMICS BREAKDOWN:

  1. ~50% direct claim/airdrop for TAP-SUBSTANCE holders. This is effectively a token migration from TAP, so the majority of the supply will go to this.

  2. 10% public runes mint - this is intended to help us spread our holders distubution, and get the word out about our token and ecosystem. Still open now!

  3. ~30% reserved to continue staking rewards for our assets. I don't want to devalue our NFT's by removing the staking utility, so I'm holding back some of the supply to continue giving our rewards in the coming months.

  4. ~10% bonus reward for wallets that held our NFT at the halving. As a project we are, after all, art focused, and we don't want to lose sight of that!

Who will get an allocation?

  • This will directly correlate to your RUNIC SUBSTANCE allocation.

  • I only hold Runic Portals, will I get an allocation?

    • Yep!! As a runic portals holder, you've been gaining a claimable allocation of our TAP-SUBSTANCE token daily. This will be migrated to RUNIC SUBSTANCE. Check your

  • I don't hold any NFT's, but I bought TAP-SUBSTANCE on secondary. Will I get an allocation?

    • Yep!! You'll get RUNIC SUBSTANCE at a ratge of 100:1, which will be the same percentage of the entire supply.

Future plans for RUNIC SUBSTANCE

  1. Once the infrastrucure is ready, our in-house raffle system will be converted to use TAP. This will continue to be deflationary and burn the spent tokens (using the built-in burn mechanism on the Runes protocol)

  2. Users will continue to receive runes rewards for holding their ecosystem NFT's.

  3. Giveaways for holders of a certain threshold of our token.

WE MANAGED TO ETCH OUR RUNE ON THE FIRST BLOCK OF THE HALVING!!
my overall parent inscription
https://luminex.io/runes/mint?rune=RUNIC%E2%80%A2SUBSTANCE
Check your TAP-SUBSTANCE allocation here!