Bitcoin-based digital collectible project Taproot Wizards has confirmed its official mint to take place on March 25 with only 2,121 inscriptions available.
Over the past two years, Taproot Wizards has cultivated a community through interactive events and challenges. These activities have contributed to the project’s visibility, particularly after its role in the creation of the first 4MB block on the Bitcoin blockchain.
The minting process will involve whitelisted participants, holders of specific assets, and a Dutch auction for remaining inscriptions. Due to the exclusivity of the collection, prospective buyers are advised to prepare ahead of the final eligibility confirmation date on March 19.
Source: Taproot WizardsWhat is Taproot Wizards?
Taproot Wizards is a digital collectible project built on Bitcoin Ordinals, a protocol that allows data to be inscribed onto individual satoshis, the smallest unit of Bitcoin. This differs from traditional NFT models on Ethereum, as Ordinals are permanently recorded on Bitcoin’s blockchain.
The project first gained attention in February 2023 by contributing to the creation of the first 4MB block in Bitcoin’s history. Since then, it has engaged a growing community through various themed events, known as “Wizard Quests,” which have encouraged participant involvement through interactive challenges.
The project’s emphasis on community participation and Bitcoin-based collectibles has distinguished it within the broader Ordinals ecosystem.
Source: Taproot WizardsHow to participate in the Taproot Wizards mint?
The minting process is structured around three primary methods:
- Quantum Cats Holders: Owners of both a “dead” and “alive” Quantum Cat NFT can combine them through an on-chain process called “Entangling” to receive a discounted mint price of 0.1 $BTC. This offer is limited to 1,000 spots and must be completed by March 19.
- Whitelist for Community Members: Individuals who have participated in past Taproot Wizards events may be eligible for a whitelist minting slot at 0.2 $BTC. The final eligibility list will be confirmed on March 19.
- Dutch Auction: A limited number of Taproot Wizards will be available via a Dutch auction, where prices will start high and gradually decrease. Participants can bid using $BTC or $SOL.
Additionally, holders of the “Golden Cape” NFT can claim a Taproot Wizard at no cost, provided they verify ownership and submit their application before March 19.
The mint will be conducted exclusively through Xverse—a Bitcoin wallet provider. Participants will need to use Xverse on a desktop browser, with support available for Ledger hardware wallets.
Credit: Source link