- CyberKongz decentralized its project, DECENTRALIZED, on September 6, 2024, by transferring Rune 2 to the Satoshi Nakamoto wallet.
- The team, after investing over $1 million, steps away without seeking financial returns, emphasizing the importance of decentralization.
- DECENTRALIZED aims to preserve its cultural and historical significance within the Bitcoin ecosystem as a fully autonomous artifact.
Recently, the Ethereum NFT project CyberKongz has announced the complete decentralization of its groundbreaking creation, DECENTRALIZED. On September 6, 2024, Rune 2 was transferred to the Satoshi Nakamoto wallet, signaling a transformative shift for the project.
This move signifies the end of the CyberKongz team’s direct involvement as they step away from the project they spent over $1 million developing. Despite the hefty investment, the team is not seeking any returns, emphasizing their commitment to the principle of decentralization.
CyberKongz Team’s Decision to Step Away
The decision to relinquish control and send Rune 2 to Nakamoto’s wallet was motivated by a belief that DECENTRALIZED’s true power lies in its autonomy. The CyberKongz team, who previously created Prometheans—a collection of NFTs that set the stage for their current work, are firm in their conviction that central control would undermine the project’s integrity.
By ensuring that DECENTRALIZED operates independently, it hopes to preserve its role as a cultural and historical symbol within the Bitcoin ecosystem. The origins of DECENTRALIZED trace back to the Promethean’s collection, which was airdropped to various Ordinal communities. This early experimentation laid the foundation for a symbol of cultural significance in the Bitcoin world.
The initial vision was for DECENTRALIZED to serve as a pure symbol of provenance, untouched by external influences. This vision was reinforced by the subsequent launch of Untitled, which highlighted Rune 2’s historical importance and underscored the need for its untainted existence.
The project’s decentralization aligns with a broader trend in the crypto space, where decentralization is celebrated as a move away from traditional, centralized systems. By embracing this ethos, the team hopes to ensure that DECENTRALIZED remains a powerful and enduring artifact of Bitcoin’s ongoing evolution. Their decision reflects a belief that decentralization is not just a feature but a fundamental aspect of the project’s identity and future.
In their final statement, the team reflects on their journey, acknowledging that while they have invested significantly in DECENTRALIZED, they are stepping away without expecting any financial gain. Instead, they focus on the project’s role as a historical marker, a symbol of the Runes protocol, and a tribute to the iconic block 840,000.
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