
Jakarta, Pintu News—Two years after it was first inscribed on the Bitcoin blockchain, the Taproot Wizards collection will finally be released on March 25, 2025. This NFT Ordinals collection has long been the talk of the crypto community, especially since its inspiration came from the Bitcoin Wizard meme that went viral on Reddit in 2013.
Taproot Wizards will consist of 2,121 unique NFTs, and will be sold in two phases. The first phase will be for users on the allowlist, priced at 0.2 BTC (3.27 billion IDR).
Meanwhile, the second phase will be conducted in a Dutch auction. The starting price will be higher than 0.2 BTC but will be announced closer to launch.
Check out the full news below!
Taproot Wizards has been an important part of the Bitcoin Ordinals ecosystem since they were first inscribed in 2023. However, the development team chose to delay its sale until the Ordinals hype dies down, ensuring that only the “true wizards” actually survive to get their hands on it.
According to Udi Wertheimer, the Taproot Wizards project leader, this collection has been one of the most anticipated Bitcoin NFTs in recent years.
With only 2,121 units, this collection is predicted to be exclusive and difficult for everyone to own. Given the high demand in the crypto community, the price is based on the principle of supply and demand.
Read also: DOGE price plummets 78% from ATH, Elon Musk can’t save it?
According to Decrypt, in order to get on the allowlist and get the chance to purchase NFT Taproot Wizards, users must complete various unique quests.
In addition, owners of the NFT Quantum Cats collection, also created by the Taproot Wizards team, will have special benefits.
Those who own a pair of “entangled” Quantum Cats, where one has the “alive” trait and the other has the “dead” trait, can get early access and purchase the Taproot Wizard NFT at a discounted price of 0.1 BTC ($1.63 billion).
The Quantum Cats project launched in January 2024 has become one of the most valuable Bitcoin Ordinals collectibles today. With an initial minting price of 0.1 BTC ($1.63 billion), the collection now has a floor price of 0.185 BTC ($3.02 billion) on the secondary market.
Also read: 3 Crypto Narratives to Watch for the Second Week of March 2025!
The success of Quantum Cats is proof that the NFT Ordinals market in Bitcoin is growing. Taproot Wizards plans to use the proceeds from the sale of NFTs to build an ecosystem based on OP_CAT, a feature in the Bitcoin protocol previously disabled by Satoshi Nakamoto and is now being fought to be reactivated.
Taproot Wizards is one of the projects aggressively pushing for the reactivation of OP_CAT in Bitcoin. OP_CAT is a protocol upgrade proposal that could open up new possibilities in Bitcoin blockchain programming, including more complex smart contracts.
According to Eric Wall, co-founder of Taproot Wizards, 2025 is the best moment to push the OP_CAT soft fork. However, this will require deeper cross-industry collaboration than ever before.
If OP_CAT is successfully activated, Bitcoin could develop further and open the door to new innovations in BTC-based decentralized applications (DApps).
After a long wait, Taproot Wizards is set to become one of the most exclusive Bitcoin NFT collections. With only 2,121 units available and unique whitelisting requirements, this project further confirms its status as the most anticipated Ordinals NFT in recent years.
Apart from being an NFT collection, the project also has a big mission to support OP_CAT and open up new possibilities for the Bitcoin ecosystem. With the growing trend of NFT Ordinals, will Taproot Wizards become the most valuable NFT collection on the Bitcoin blockchain?
That’s the latest information about crypto news today. Get more information about crypto academy from beginner to expert level only at Pintu Academy and enrich your knowledge about the world of crypto and blockchain.
Follow us on Google News for the latest updates on crypto and blockchain technology. Enjoy an easy and secure crypto trading experience by downloading Pintu crypto app via Google Play Store or App Store now.
Experience web trading with advanced trading tools such as pro charting, various order types, and portfolio tracker only at Pintu Pro. Click Register Pintu if you don’t have an account or click Login Pintu if you are already registered.
*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities have high risk and volatility, always do your own research and use cold cash before investing. All activities of buying and selling bitcoin and other crypto asset investments are the responsibility of the reader.
Reference