In-depth analysis of the development strategy and prospects of the Rune project🧐
The market has been relatively cautious about Rune recently, mainly due to the high expectations for the PreRunes project in the early stage and the high cost consumption in the early stage of the project. The launch of Rune is accompanied by high gas fees, which increases the cost of participation and limits the potential of its market value. Although some players have left the market as a result, the reduction in gas fees has gradually brought new opportunities, and it is expected that there will be several times or even a hundred times growth projects.
Our Rune investment strategy includes:
In-depth understanding of overseas markets: Since the popularity of Rune mainly comes from international communities, we need to have a deep understanding of the Degen culture and consensus of these communities. Key community figures include OMB community, Pizza community, Satoshi, Casey, Ansem and Leonidas, etc. By understanding their culture and preferences, we can better position and seize opportunities.
The initial strategy focuses on meme and PreRunes projects: The initial popularity of Rune revolves around meme and PreRunes projects, which may only bring 3-5 times returns in the short term, despite the current high gas fees. Most projects may return to zero, but it is crucial to identify and invest in potential market leaders.
Mid-term strategy turns to NFT projects: Over time, NFT projects will become an important part of the Rune ecosystem. NFTs can not only be used as mining machines, but Runes can also be used as the currency to support these mining machines. This will help unify the BRC20 and Rune ecosystems and become a bridge connecting the Eastern and Western markets. Although the name of Rune is long and difficult to remember, it is naturally suitable as a technical solution for project parties to issue assets. We will pay special attention to projects that can build communities through NFT issuance and empower value through Runes.
Long-term bullish on the cultural value of Runes: Although the market for Runes may fluctuate in the short term, in the long run, the Genesis Runes and their unique meme culture generated by the Bitcoin halving will have important collection and archaeological value. If Bitcoin becomes a global and family value reserve currency, these runes will undoubtedly become precious collectibles.
Finally, we pay tribute to Casey's contribution to the inscription and the Rune ecosystem. Casey launched the project during the Bitcoin halving, which not only supported the stability of Bitcoin prices and ecology, but also reflected his deep love for this ecology.This action is worthy of our study and respect, especially considering the impact of halving on miners' revenue and the possible impact on Bitcoin prices.
