{"id":46566,"date":"2025-02-03T13:44:46","date_gmt":"2025-02-03T13:44:46","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/the-runes-marketplace-and-launchpad-odin-fun-will-replicate-pump-fun\/"},"modified":"2025-02-03T13:44:46","modified_gmt":"2025-02-03T13:44:46","slug":"the-runes-marketplace-and-launchpad-odin-fun-will-replicate-pump-fun","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/the-runes-marketplace-and-launchpad-odin-fun-will-replicate-pump-fun\/","title":{"rendered":"The Runes marketplace and launchpad Odin.fun will replicate Pump.Fun"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/12\/shutterstock_721214818-1-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/12\/shutterstock_721214818-1-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/12\/shutterstock_721214818-1-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2024\/12\/shutterstock_721214818-1-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li>fun is set to replicate Pump.fun on Bitcoin.<\/li>\n<li>fun aims to offer a 20-second finality for Rune trades.<\/li>\n<li>The platform will be decentralized with no central control.<\/li>\n<\/ul>\n<p>The highly anticipated Runes marketplace and launchpad dubbed Odin.fun is set to revolutionize the <a href=\"https:\/\/coinjournal.net\/bitcoin\/what-is-bitcoin\/\">Bitcoin<\/a> ecosystem by emulating the success of Solana\u2019s Pump.fun.<\/p>\n<p>Developed by the team behind the Bitcoin ordinals marketplace Bioniq, Odin.fun aims to provide a seamless experience for Bitcoin users interested in Runes, a new token standard on the Bitcoin blockchain.<\/p>\n<h2>Direct integration with Bitcoin Runes<\/h2>\n<p>Odin.fun stands out by directly working with the existing Runes meta-protocol, ensuring there\u2019s no need for additional upgrades or programmability. This approach not only simplifies the user experience but also maintains the integrity of the Bitcoin network.<\/p>\n<p>Users can engage in buying, selling, creating, and swapping Runes with transactions finalized in just 20 seconds, offering the speed of Solana with the robustness of Bitcoin.<\/p>\n<p>Moreover, all bonded tokens can be withdrawn directly back to a user\u2019s Bitcoin wallet at any time, with plans to expand support to BRC-20 tokens in the near future.<\/p>\n<p>The platform\u2019s commitment to decentralization is evident through its use of a threshold signing setup (TSS) for securing Bitcoin and Runes deposits, mirroring the strategies used by other decentralized systems.<\/p>\n<p>By employing multisig smart contract control, Odin.fun eliminates the need for centralized custodians or control, thus providing a trustless environment for users to trade and interact with Runes.<\/p>\n<h2>Redefining Layer 2 on Bitcoin<\/h2>\n<p>Bob Bodily, co-founder and CEO of Bioniq, <a href=\"https:\/\/x.com\/BobBodily\/status\/1885015900790939900\">describes Odin.fun<\/a> not as a traditional Layer 2 solution but as an appchain or an L2 in the broader sense of building seamless Bitcoin products.<\/p>\n<p>This innovative perspective allows Odin.fun to offer functionalities akin to Layer 2 solutions without the complexities often associated with them on Bitcoin. The underlying technology stack, named Valhalla, operates invisibly, supporting all current and future features of Odin.fun.<\/p>\n<p>Odin.fun\u2019s capabilities are further enhanced through its integration with BLIFE, a platform designed to enrich user experiences across various blockchain applications. This integration means that BLIFE users receive exclusive benefits on Odin.fun, can complete Odin-related quests on the BLIFE platform, and their achievements on Odin.fun contribute to their BLIFE reputation.<\/p>\n<p>This synergy promises to not only boost user engagement but also foster a more interconnected blockchain ecosystem.<\/p>\n<h2>When is Odin.fun launching?<\/h2>\n<p>Currently, Odin.fun is in an early access beta, requiring an invite code for participation. However, this exclusivity will soon end as the platform prepares for a public launch on Monday, February 3, 2025, making it accessible to everyone interested in exploring the potential of Bitcoin Runes.<\/p>\n<p>The launch is anticipated to democratize access to the burgeoning Runes market, potentially replicating the meme coin frenzy seen with Pump.fun on the Solana network.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/the-runes-marketplace-and-launchpad-odin-fun-will-replicate-pump-fun\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) fun is set to replicate Pump.fun on Bitcoin. fun aims to offer a 20-second finality for Rune trades. The platform will be decentralized with no central control. The highly anticipated Runes marketplace and launchpad dubbed Odin.fun is set to revolutionize the [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":46567,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/46566"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=46566"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/46566\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/46567"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=46566"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=46566"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=46566"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}