CyberKongz Sends Rune 2 to Satoshi Wallet, Fully Decentralizes $1M Project for Community

• CyberKongz transfers Rune 2 to Satoshi Nakamoto’s wallet, marking the project’s full shift to decentralization.
• Rune 2’s evolution began with the Prometheans collection, airdropped to Bitcoin and Ordinals communities.
• CyberKongz invested $1 million in Rune 2, focusing on cultural significance over financial returns, now leaving it fully community-driven.

On September 6, 2024, CyberKongz announced a notable step in its decentralization journey by transferring Rune 2 to Satoshi Nakamoto’s wallet. The decision marked the CyberKongz team’s complete withdrawal from the project, allowing it to operate without centralized control. 

This move is aligned with the project’s founding principles, emphasizing autonomy and community-driven decision-making. Notably, the team invested over $1 million in Rune 2 without expecting any financial return, highlighting their focus on cultural value over profits.

The Role of Prometheans and Rune 2’s Evolution

Rune 2’s journey started with the Prometheans collection, an NFT series representing exploration within the Bitcoin ecosystem. This collection was primarily airdropped to communities involved with Bitcoin and Ordinals, setting the foundation for Decentralized, now symbolized by Rune 2. 

Over time, Rune 2 gained prominence through additional experiments like the launch of Untitled, a project that reinforced its importance in the Bitcoin field. The team continued to innovate, but Rune 2’s significance in blockchain history became clear. These efforts underscored the belief that Rune 2 should exist independently, free from any single entity’s control.

Financial Investment and Commitment to Decentralization

The CyberKongz team spent more than $1 million on the Rune 2 project, emphasizing that their investment was not for financial gain. Instead, they aimed to create a lasting symbol of provenance and cultural significance within the blockchain world. 

By transferring Rune 2 to Nakamoto’s wallet, they believe the project now aligns with the core values of decentralization. The team’s decision to step away allows Rune 2 to function autonomously, driven by the community, rather than being governed by any centralized group.

Decentralized’s Future in the Blockchain Space

The CyberKongz team’s withdrawal reflects a growing trend in blockchain projects toward community-driven models. With Rune 2 now fully decentralized, the project will rely entirely on its community for direction. The focus will remain on its cultural value and adherence to decentralized principles.