8 months ago
“Quantum Cats” Bitcoin NFTs was marred by method issues, forcing the institution to postpone the sale. Despite an initially palmy minting of astir 1,000 cats, server overload led to an unexpected delay, causing vexation among anxious buyers.
‘Quantum Cats’ Bitcoin NFT Launch Stumbles: Rescheduled Amid Technical Woes
The merchantability of Taproot Wizards’ archetypal postulation of Bitcoin inscriptions, “Quantum Cats,” faced method difficulties, causing frustration among users and starring to an unforeseen postponement. This setback occurred during the motorboat of the debut collection, designed to commemorate the Bitcoin betterment connection known arsenic OP_CAT.
The archetypal sale, featuring astir 3,000 integer cats, began with a two-hour “whitelist” model astatine 17:00 UTC connected Monday. However, owed to unexpected method issues, the merchantability was abruptly pushed to Tuesday. Taproot Wizards, successful a connection connected societal media level X, attributed the hold to overwhelming request exceeding server capacity.
Despite the hiccups, the task successfully minted astir 30% of the cats connected Monday, equivalent to astir 1,000 units, generating an estimated 100 bitcoin (about $4.3 million). Each feline was priced astatine 0.1 bitcoin, oregon $4,300, perchance raising up to 300 bitcoin ($12.9 million) upon implicit sale.
The setback marks a rocky commencement for Taproot Wizards, which antecedently secured $7.5 cardinal successful a effect backing circular past November. The firm’s absorption connected the burgeoning tract of Bitcoin inscriptions, peculiarly done the Ordinals protocol, has been met with precocious expectations. Notably, the “Genesis Cat,” the archetypal point successful the Quantum Cats series, fetched a remarkable $254,000 astatine a caller Sotheby’s auction.
Originally, the merchantability was scheduled to intermission for an hr pursuing the two-hour whitelist model earlier resuming for wide nationalist purchase. However, the complications led to a flurry of complaints connected the project’s Discord channel.
In effect to the mishap, Udi Wertheimer, co-founder of Taproot Wizards, announced a rescheduled minting date, acceptable for Thursday, Feb. 1, astatine 12pm ET. The revised program extends the whitelist mint to 5 hours, concluding astatine 5pm ET, followed by a one-hour interruption earlier the nationalist mint begins astatine 6pm ET. This accommodation aims to accommodate planetary clip zones and admit the efforts of aboriginal risers astir the world.
Wertheimer reassured that contempt the method difficulties, each transactions processed connected the archetypal minting time were secure, with astir 1,000 cats minted successfully. He confirmed that each funds and cats are safe, promising that everyone who initiated a transaction would person a Quantum Cat. The organisation of these cats to wallets is scheduled for the time pursuing the mint, with a dedicated website enabling users to place their minted cats.
Reflecting connected the challenges faced during the mint and the team’s determination to rectify the situation, Wertheimer drew a parallel with the company’s journey. He noted that connected Feb. 1, 2023, they mined the archetypal 4MB artifact connected Bitcoin with the archetypal Taproot Wizard, overcoming important hurdles the nighttime before. Drawing inspiration from this milestone, Wertheimer expressed assurance successful delivering Quantum Cats to the satellite and taking Bitcoin to caller heights, contempt the existent setbacks.
Are you going to effort and get a feline successful the nationalist mint? Share your thoughts and opinions astir this taxable successful the comments conception below.
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