According to BlockBeats news, on January 22, according to Magic Eden market data, RSIC is currently quoted at 0.0216 BTC, and the transaction volume in the past 2 hours has exceeded 6 BTC.
According to the official introduction, RSIC (Rune Specific Inscription Circuits) is a peer-to-peer rune distribution system based on Bitcoin. At its core, RSIC is a digital game in which players manage and operate RSIC tokens to earn runes that will be “engraved” on the Bitcoin network at some point in the future.
In the RSIC supply chain, there is a "factory" that produces RSIC, a "distribution center" that distributes RSIC, and a "furnace" used to inscribe runes. A total of 21,000 RSIC were manufactured and distributed free of charge to the Ordinals community via distribution centers for use in "mining" runes.
The main goal of players is to activate and utilize RSIC to obtain runes, which are assigned to addresses holding activated RSIC in every Bitcoin block. There are four modes for distribution of runes: flat, random, enhanced and halved. Players can choose to mine runes, sell RSIC on the market, or choose not to participate.
BlockBeats reminds: The Inscription protocol on Bitcoin is still in the early stages of development, and there are no clear value use cases yet. Users should pay attention to risks during the participation process and beware of being deceived.
