Project Origin &
BackgroundTaproot Wizards is an NFT project based on the Bitcoin Ordinals protocol that aims to rekindle interest in Bitcoin through a unique art style and community interaction.
founding team: Launched in 2023 by Bitcoin developers and advocates Udi Wertheimer, Eric Wall, and FAR.
Inspiration: Inspired by the popular "Bitcoin Wizard" meme on Reddit in 2013, the project aims to make Bitcoin magical again through creative arts and community activism.
issuance method and total supply
total supply: The Taproot Wizards series contains 2,121 total amounts unique NFTs.
Minting: NFTs will be available for public sale starting on March 25, 2025 in the following ways:
whitelist sale: Users who hold the "alive" and "dead" traits from the "Quantum Cats" series can enjoy it Discounted price of 0.1 BTC.
Public sale: Other users can buy through a Dutch auction with a starting price above 0.2 BTC, which will be announced before the auction.
is deployed
on the Bitcoin blockchain by Taproot Wizards, which uses the Ordinals protocol to engrave images directly on satoshi to achieve true on-chain storage.
The Celebrity Support & Community Impact
Project is led by Udi Wertheimer and Eric Wall, both well-known figures in the Bitcoin community. Through social media and community events, Taproot Wizards has attracted a large number of followers and formed an active community culture.
company ecosystem and business model
- company
backgroundThe Taproot Wizards team closed a $30 million funding round led by Standard Crypto in February 2025 with the aim of advancing the Bitcoin ecosystem.
Business model: The project raises funds through NFT sales to support the promotion of Bitcoin Improvement Proposal OP_CAT and the development of related applications.
Intellectual Property & ControversyThe
art style of Taproot Wizards derives from public domain memes and does not involve obvious intellectual property disputes. However, the project's practice of inscribed images on the Bitcoin blockchain has sparked criticism from some Bitcoin fundamentalists that it may affect the purity of the blockchain.
Challenges and Risks
Technical challenges: The adoption of the Ordinals protocol on Bitcoin is still in its early stages, There may be technical and security challenges.
Community disagreements: The project's innovative practices can spark divisions within the Bitcoin community, affecting its promotion and acceptance.
Market volatility: The volatility of the NFT market can affect the long-term value and user engagement of a project.
SummaryTaproot Wizards is a Bitcoin NFT project that combines art, community, and technological innovation to rekindle interest in Bitcoin in a unique way. Despite the challenges of technology and community, its unique positioning and strong community support provide a solid foundation for its future growth.
To learn more about the latest developments in the Taproot Wizards project or how to get involved, we recommend visiting their official website or joining their Discord community.
