RuneMine Launches RuneShot, the Ultimate Decentralized Platform for Effortlessly Launching and Trading Bitcoin Tokens on the Bitcoin Layer 1 Network

RuneMine Launches RuneShot, the Ultimate Platform for Effortless Bitcoin Token Launches

PANAMA CITY, Jan. 17, 2025 (GLOBE NEWSWIRE) -- RuneMine, a leading innovator in decentralized technology, today announced the launch of RuneShot, the most advanced decentralized platform for effortlessly launching and trading Bitcoin tokens on the Bitcoin Layer 1 network. Built on RuneMine's cutting-edge tech stack and powered by NEAR Protocol, RuneShot offers creators and users a faster, more cost-effective, and secure way to mint and launch Bitcoin tokens. With its commitment to accessibility, efficiency, and decentralization, RuneShot is set to redefine the landscape of Bitcoin token launches.

RuneShot integrates seamlessly with Bitcoin's unparalleled security and NEAR Protocol's speed and scalability, providing a seamless user experience that caters to creators and participants alike. The platform combines the strengths of both worlds, offering a powerful yet user-friendly solution for token launches.

RuneShot Provides:

1. Accessibility for All Users: RuneShot simplifies the token creation and trading process, enabling both creators and users to participate without technical expertise. Through an intuitive 2-click setup, creators can mint Bitcoin tokens effortlessly, while users can interact with the platform using Bitcoin, Solana, or NEAR assets—all from a single account. This cross-chain compatibility eliminates traditional barriers, opening up the ecosystem to a broader audience.

2. Dynamic Bonding Curve Pricing: RuneShot employs a dynamic bonding curve model to transparently price tokens based on demand. Early participants benefit from lower prices, while the curve ensures fair and sustainable price discovery. This innovative approach eliminates reliance on external market makers, creating a self-sustaining liquidity mechanism that benefits the entire ecosystem.

3. Multi-Asset Payment Support: To enhance inclusivity and flexibility, RuneShot allows users to mint and trade tokens using multiple payment options, including BTC, Solana, and NEAR assets. This multi-asset support underscores RuneMine's commitment to cross-chain functionality and seamless user experiences.

4. Gasless Transactions with Lightning-Fast Finality: RuneShot leverages NEAR Protocol's gasless transaction capabilities and 1.3-second finality to deliver frictionless interactions for all participants. By removing the complexities of gas fees and delays, RuneShot ensures that creators and users can focus on their projects and goals without technical hindrances.

5. Streamlined Creator Experience: Creators no longer need to navigate the technical complexities of Bitcoin token launches. RuneShot automates the entire process, from token creation to deployment, empowering creators to focus on building their projects while RuneShot handles the underlying infrastructure. This efficiency is pivotal for fostering innovation and growth within the Bitcoin ecosystem.

RuneShot's launch is more than a technological advancement; it's a commitment to fostering a vibrant and engaged community. By combining Bitcoin's security with NEAR's accessibility, RuneShot positions itself as the go-to platform for creators and users seeking a decentralized and transparent solution for token launches.

"With RuneShot, we're breaking down barriers and setting a new standard for Bitcoin token launches,” said Will Ellis, Founder and CEO of RuneMine. "Our goal is to empower creators with tools that are not only powerful but also intuitive. By leveraging NEAR's technology, we've created a platform that is fast, affordable, and accessible, ensuring that anyone can bring their vision to life on the Bitcoin network.”

The global tokenization market continues to expand, offering unprecedented opportunities for creators and investors. RuneShot's innovative approach aligns with this growth, addressing key pain points such as high costs, slow transaction speeds, and limited accessibility. By providing a decentralized, gasless, and user-friendly platform, RuneShot aims to unlock the full potential of Bitcoin tokenization.

About RuneMine

RuneMine is at the forefront of decentralized technology, delivering innovative solutions that empower users and creators within the blockchain ecosystem. With a focus on usability and security, RuneMine's products bridge the gap between traditional finance and decentralized assets, fostering growth and adoption across multiple networks. The company's flagship platform, RuneShot, exemplifies this vision by offering a seamless, cross-chain solution for Bitcoin token launches.

Join the Movement

To learn more about RuneShot and join the growing community of creators and participants, visit runemine.com follow RuneMine on X https://x.com/minelabs

Contact Details: Will Ellis

Founder and CEO

[email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/daa11492-8e5f-415d-b0bd-d4d6c28abe22