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Home»NFT»Taproot Wizards Postpones Sales of ‘Quantum Cats’ for the Second Time After Messy Bitcoin NFT Debut
NFT

Taproot Wizards Postpones Sales of ‘Quantum Cats’ for the Second Time After Messy Bitcoin NFT Debut

2024-01-30No Comments2 Mins Read
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Bitcoin Ordinals project Taproot Wizards has postponed production of its ‘Quantum Cats’ collection for the second time, after halting the process mid-sale on Monday due to ongoing technical issues.

Sales will now resume on February 1. The project had initially said it would resume the process on Tuesday.

The planned sale of approximately 3,000 digital cats, designed to honor a Bitcoin improvement proposal known as OP_CAT, began Monday at 5:00 PM UTC with a two-hour period for “whitelisted” buyers, but the Discord The project’s channel quickly filled up with complaints and screenshots from users saying they were stuck on the coin website.

“We disappointed you today,” Udi Wertheimer, co-founder of Taproot Wizards, wrote on X. “We had big plans for Coin Day and we fell short of your expectations of us and our expectations of ourselves.”

The whitelist coin will start on February 1 at 5:00 PM UTC (2:00 PM ET) and will last for five hours instead of two. After a one-hour break, the coin will continue for general sale until the collection sells out.

“We tried to build a custom, unique coin experience that solves problems like fee/gas wars, mempool sniping, etc., and gives everyone a guaranteed coin right away,” Wertheimer added. “It was new and innovative, but obviously it didn’t work as well as we expected.”

Taproot Wizards raised $7.5 million in a seed funding round in November for its projects focused on the fast-growing arena of Ordinals protocol inscriptions, colloquially called “NFTs on Bitcoin.”

Read more: How NFTs will make a comeback in 2024

See also  Spot Bitcoin ETFs Rocked by Outflows, BTC Price Succumbs to Bears

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Bitcoin Cats Debut Messy NFT Postpones Quantum sales Taproot Time Wizards
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