TechFlow reports that the Bitcoin Wizard community has released a statement addressing speculation around BRC-20 $WZRD and the Bitcoin Wizard Ordinals collection, as news spreads about Magic Internet Money launching on the Runes protocol. The community aims to ensure everyone has an equal opportunity to prepare for this major event and to avoid any surprises.
The statement outlines the official plan for Magic Internet Money distribution. At block height 841,337—1,337 blocks after the Bitcoin halving—the Bitcoin Wizard community will take a snapshot of the market capitalization of both the BRC-20 token WZRD and the Bitcoin Wizard Ordinals NFT series. The combined market cap will be proportionally distributed to holders. From this total, 25% will be set aside for public allocation and distributed via public mint or airdrop to new users on the Runes protocol, while 20% will be reserved for project investments, community incentives, and other long-term development needs.
