BlockChain News

TAPROOT Wizards is looking for $ 34 million to sell NFTS for a long time

The Ordinals Bitcoin project said it aims to raise more than $ 34 million from a technical set of Microsoft animation processors after a similar sale last year raised $ 13 million.

Taproot Wizards plans for auction 2,121 Not explosive symbols (NFTS) from her signature “Magic Internet JPEGS”, which belongs to Meme Bitcoin 2013: “Magic Internet Money”, later this month, according to a statement sent via email. The processors are listed on Bitcoin Blockchain two years ago and are now provided for sale.

Last year, the project sold a set of 3000 “quantum cats” to raise support for the Bip_Cat improvement proposal. Although technical problems, the group was quickly sold, Raise 300 BTC in this process.

Starting March 25, processors will initially be offered to buyers on the white list for 0.2 BTC ($ 16,000), with no sale at a Dutch auction. A spokesman for Coinsk said in a telegram.

If all 2,121 NFTs are sold for 0.2 BTC, the project will raise about 34 million dollars based on the current Bitcoin price of about $ 80,000.

OP_Cat was included in the original Bitcoin code by Satoshi Nakamoto, which was later removed due to fears that it could expose the network to risks such as the service rejection attack (DOS).

It was the developer Trying to return it In order to allow the function of the smart nodes similar to ETHEREUM, therefore adding greatly to the possible utility to the original Blockchain.

He said that the goal of Taproot Wizards is “Meme Op_Cat to existence”, through initiatives such as NFT sales. Last month, the project Rapid $ 30 million in financing To build an ecosystem for applications using OP_Cat.



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