A Bitcoin order project said it aims to raise more than $ 34 million from a collection of art of cartoon attendees of Microsoft paint style after a similar sale last year that raised $ 13 million.
Taproot Wizards plans auction 2,121 non -fungible tokens (NFT) of its firm magical internet jpeg, which date back to a 2013 bitcoin meme: “Magic Money of the Internet”, at the end of this month, according to a statement sent by email. The Wizards were registered in the Bitcoin block chain two years ago and are now available for sale.
The project last year sold a collection of 3,000 “quantum cats” to raise support for the proposal to improve Bitcoin (BIP) OP_CAT. Despite being tarnished by technical problems, the collection quickly sold out, raising 300 BTC in the process.
As of March 25, the Wizards will initially be offered to buyers on a white list by 0.2 BTC ($ 16,000), and those that are not taken are sold in a Dutch auction. The initial price will be greater than 0.2 BTC and will be revealed closer to the auction, a spokesman told Coindesk in a telegram message.
If all 2,121 NFT are sold for 0.2 BTC, the project would raise around $ 34 million depending on the current Bitcoin price of around $ 80,000.
OP_CAT was included in the original Bitcoin code by the pseudonym founder Satoshi Nakamoto, who subsequently eliminated it due to the concerns that the network could expose the network to risks as an attack of denial of service (two).
The developers have been trying to recover it to allow the functionality of the smart contract in the Ethereum style, which adds significantly to the utility that is possible in the original block chain.
The target of Taproot Wizards is “Meme Op_Cat again in existence”, through initiatives such as NFT sales, he said. Last month, the project raised $ 30 million in funds for the construction of an application ecosystem using OP_CAT.
