Runes Handbook
  • 1. Introduction
  • 2. Origins
    • Segregated Witness (SegWit) Upgrade
    • Taproot Upgrade
    • Inscriptions
    • Ordinal Theory (Ordinals)
      • Rarity
      • Supply of Rare Satoshis
      • Names
    • BRC-20
    • Why Runes?
  • 3. Runes
    • Bitcoin’s UTXO Model
    • The Runes Protocol
    • OP_Return
    • Motivation for Runes
    • Bitcoin Runes vs BRC-20
    • Launch
      • The First Runes
    • What are Bitcoin Runes For?
      • Memecoins
      • DeFi
  • 4. How Do Bitcoin Runes Work?
    • Etching (Creating a Rune)
      • Name
      • Symbol
      • Divisibility
      • Premine
      • Terms
    • Minting
    • Transfering
    • Runestone
    • Rune Seasons
    • Ecosystem
      • Launchpads
      • Marketplaces
      • Wallets
      • Data / Analysis
      • Explorers
    • Storing Bitcoin Runes
  • 5. Terminology
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  1. 3. Runes

What are Bitcoin Runes For?

PreviousThe First RunesNextMemecoins

Last updated 1 year ago

Much like ERC-20 tokens on the Ethereum network, you can use Runes to launch any fungible token project you like. The only difference is that your runes project cannot rely on a complex .

If you plan to create token-gated apps or decentralized governance platforms, Bitcoin Runes aren’t the asset type you want. However, they do show a lot of potential for the following uses:

smart contract