Taproot Wizards, a Bitcoin ordinals project, is set to auction 2,121 NFTs of cartoon wizards, aiming to raise over $34 million. The collection, featuring Microsoft Paint-style art, is based on a 2013 Bitcoin meme and was inscribed on the blockchain two years ago. Scheduled for auction starting March 25, the NFTs will initially be available to whitelist buyers at 0.2 BTC ($16,000). If all are sold at this price and Bitcoin remains around $80,000, the project could generate significant revenue. This follows a previous sale of 3,000 'Quantum Cats' that raised $13 million despite technical issues. The project aims to revive the OP_CAT Bitcoin improvement proposal, originally removed by Satoshi Nakamoto, and plans further developments involving OP_CAT-based applications, promoting utility on the Bitcoin blockchain.

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