A Bitcoin Ordinals project said that it was aimed at collecting more than $ 34 million in an art collection of Microsoft Paint cartoons following a similar sale last year which raised $ 13 million.
Depending on return to a bitcoin even, 2121 tokens (NFT) (NFT) of his signature “Magic Internet Jpegs”, which dates back to the same Bitcoin 2013: “Magic Internet Money”, later this month. The wizards were registered on the Bitcoin blockchain two years ago and are now available for sale.
Last year, the project sold a collection of 3,000 “quantum cats” to support the OP_CAT of the Bitcoin improvement proposal (BIP). Although it was spoiled by technical problems, the collection quickly sold, increasing 300 BTC in the process.
From March 25, Wizards will initially be offered to buyers on a white list for 0.2 BTC ($ 16,000), and none is sold in a Dutch auction. The starting price will be greater than 0.2 BTC and revealed closer to the auction, a spokesperson said in Coindesk in a telegram message.
If the 2,121 NFTs sell to 0.2 BTC, the project would increase around $ 34 million depending on the current Bitcoin price by around $ 80,000.
OP_CAT was included in the Bitcoin original code by the pseudonym founder Satoshi Nakamoto, who then deleted it due to concerns that he could expose the network to risks such as a service denial attack (back).
The developers tried to bring it back in order to authorize the features of intelligent Ethereum style contract, thus adding significantly to the utility which is possible on the original blockchain.
The goal of Taproot Wizards is “even OP_CAT to exist”, through initiatives such as NFT sales, he said. Last month, the project raised $ 30 million in funding for the construction of an application ecosystem using OP_CAT.
