A lot of people are getting this announcement wrong, let me tell you why.
Rug Radio is not going anywhere. As a matter of fact, Rug Radio has been leading the creator evolution within this industry since its inception and will continue to.
So what’s changing?
Well, it’s very simple. The media business model is broken, we believe prediction markets fix this.
We noticed that a long time ago, so we started ideating then developing @MyriadMarkets 18 months ago.
RektGuy has REKT
Moonbirds have BIRB
Pudgy Penguins have PENGU
Rug Radio Genesis NFTs will have $MYR
What we are deprecating is the RUG token associated to the NFTs as it is not sustainable, and we are replacing it with something much stronger with more moat.
As a matter of fact, 25.5% of the $MYR supply will go to RUG holders.
We’re building a multi-billion dollar company with MYRIAD, if you still don’t see it now, you will see it sooner rather than later.
Do with that information what you will, but in my eyes, the Rug Radio NFTs are historical and I am very proud of what we’ve done and where we are going.
Today, we’re officially deprecating the Rug Radio Genesis NFTs and the $RUG token as part of our evolution toward the MYRIAD ecosystem: A unified network for creator economies and information markets.
A snapshot of all Rug Radio Genesis NFTs and $RUG token balances (claimed, unclaimed, and to be yielded) has been taken for future conversion into $MYR community allocations.
This ensures that the Rug Radio community’s early participation and contributions continue to be represented in the broader MYRIAD vision.
Further details on the conversion process and claim mechanics will follow at the time of the $MYR community allocation event.
Thank you to everyone who helped build Rug Radio into what it is, your role in shaping the future of media continues through MYRIAD.
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