June 24, 2024
Taproot Wizards' Quantum Cats Series
AI

Taproot Wizards Unveils Quantum Cats Collection

Taproot Wizards, having secured $7.5 million during last year’s Bitcoin Ordinals inscription craze, is proceeding with its inaugural sale of the Quantum Cats collection. The series, comprising 3,333 cats, is crafted to pay homage to the Bitcoin improvement proposal OP_CAT, as detailed in an official press release.

Ordinal inscriptions, colloquially referred to as “NFTs on Bitcoin,” gained widespread popularity following Casey Rodarmor’s innovation, causing congestion on the Bitcoin blockchain due to heightened transactional activity associated with their creation, thereby escalating fees. Some longstanding Bitcoin contributors advocate for measures to impede their proliferation, asserting that the network should prioritize payments. However, opposing views liken such interventions to censorship. Bitcoin miners have reaped substantial rewards from the surge in fees. Notably, a set of “BitcoinShrooms” images recently fetched around $450,000 at the esteemed auction house Sotheby’s.

Taproot Wizards, founded by Udi Wertheimer and Eric Wall, both boasting over 100,000 followers on X (formerly Twitter), initiated this collection sale. This marks the company’s inaugural collection sale. Although the initial collection minted by Taproot Wizards remains unavailable for purchase, Quantum Cats now takes center stage in the company’s venture into the burgeoning market.

Image by freepik

Disclosure Statement: Miami Crypto does not take any external funding, or support to bring crypto news to the readers. We do not have any conflicts of interest while writing news stories on Miami Crypto.

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