Inscriptions are extremely popular in 2023 and have significant money-making effects, but the high participation threshold and difficulty deter many people. In contrast, Rune solves this problem very well and attracts more outside traffic into this field.
Runes, as an evolution of inscriptions, are favored by users for their strong liquidity, low threshold, small chain load, low gas fee and simple operation. The Koi Rune platform focuses on providing assistance so that individuals or organizations can easily issue runes. With the prosperity of the primary market and the participation of a large number of players, runes have become a better choice.
Innovation and development of Koi Rune Platform
At present, the first chain opened by the Koi platform is the BSC Binance Smart Chain, which provides players with a faster and more economical trading experience and simplifies the process of entering the primary market. At the same time, the platform also plans to open more top public chains in the near future for the creation and deployment of runes.
The unique and novel model of the Koi Rune Platform ensures that each rune has its value, effectively avoiding problems such as insufficient liquidity, project running away, community lack of management and difficulty in selling tokens, thereby well protecting the interests of participants.
Different from the traditional market trading model of runes, the Koi Rune Platform adopts a more concise and familiar swap model, which is more friendly to players and also facilitates the connection between the runes issued on Koi and major exchanges. It is reported that Koi plans to launch a multi-chain swap trading function soon.
KOI previous situation analysis
The first year of decentralized derivatives
Over the past few years, uncertainty over the solvency of centralized exchanges has driven traders to utilize decentralized derivatives, and the domino effect of the inscription explosion has proven the potential of the Bitcoin blockchain.
DApps across every ecosystem and industry are being forced to innovate, and much of the development that occurs will lay the foundation for the next bull run.
KOI is expected to seize the gap in BSC20 inscription and rune infrastructure, quickly seize the opportunity, and become one of the few projects in the BNB Chain ecosystem that is deeply involved in BSC20 token inscriptions and runes and has practical products launched, which will unlock more financial use cases for BSC20 tokens.
KOI Overview
Koi Multi-Chain Rune Launcher + Swap.
KOI runs on multiple chains and is committed to helping individuals and organizations explore Web3 safely, conveniently and simply, and participate in the BSC Rune Marketplace and Rune Launcher.
Thanks to the Binance Bridge and its decentralized derivatives, high liquidity, and low slippage, KOI users will be able to participate in rune trading and deployment on the Ultimate Network at the best prices.
Top-level RPC nodes, wallets, blockchain browsers, data indexes, and a large amount of financial support together form a powerful ecosystem to support KOI.
$KOI Overview
$KOI is the utility and governance rune of KOI.
$KOI is the token of the KOI ecosystem. 50% of the revenue from the Rune Exchange will be used to repurchase and destroy $KOI. Holding $KOI is a necessary condition for participating in Rune Launcher.
The steps are as follows:
1. Visit the KOI official website: https://koirune.io/#/
2. Enter this URL in the browser and open it. Then add MetaMask and OKX wallet in the browser extension. After adding, click the "Connect Wallet" button on the page to connect the wallet.
3. In the homepage navigation bar, click "RUNE" and a list of rune indexers will be displayed at the bottom of the page. Find and click "KOI" in the list to enter the Mint's detailed information page.
4. This section shows the rune engraving information. Click "Mint" to continue.
5. The values in the Tick and Amount columns are fixed. Select: Repeat Mint and set it to Mint 5 sheets. After confirming the transaction, the system will pop up 5 confirmation windows in sequence. Click Confirm in each window to complete the operation.
