Quantum Cats NFT Mint Gathers 268 Bitcoin Before Public Sale
The sale of Taproot Wizards’ Quantum Cats non-fungible tokens (NFTs) has successfully gathered 268.3 bitcoin, equivalent to $11.3 million at the current market value. Despite technical issues causing delays, 2,681 Quantum Cat NFTs have already been sold.
Sale Kickoff and Whitelist Period
The Taproot Wizards’ Quantum Cats NFT sale began on Feb. 5, 2023, following our earlier coverage of the technical challenges that led to a postponed sale. Initially, access to the collection was limited to whitelisted individuals, with the opportunity later extended to the general public. Before the whitelist period ended, 2,600 cats had already been created.
Public Mint and Remaining Quantum Cats
The official whitelist mint ended at 5 p.m. Eastern Time (ET) on Monday, with the public mint starting after a one-hour delay. Currently, 2,680 Quantum Cats out of a total of 3,000 have been minted. Each Quantum Cat is priced at 0.1 BTC, and the sale has already secured 268.3 BTC, or $11.3 million.
Availability and Sales Outlook
Over 300 Quantum Cats are still available for purchase by the wider public, except for U.S. residents. The future value of the Quantum Cats NFTs remains uncertain, with possibilities ranging from an increase, maintaining the current price, or declining below the 0.1 BTC benchmark on secondary markets. This sale takes place as interest in NFTs continues to surge, with Bitcoin now being the second-largest platform for NFT sales, generating $2.25 billion in sales volume.
Hot Take: Quantum Cats NFTs Amass Impressive Sales despite Technical Hurdles
The Quantum Cats NFT sale by Taproot Wizards has achieved remarkable success, gathering 268.3 bitcoin, equivalent to $11.3 million. Despite facing technical challenges that led to a delayed sale, the project managed to sell 2,681 Quantum Cat NFTs before opening the opportunity to the general public. With over 300 Quantum Cats still available for purchase, the future value of these NFTs remains uncertain. However, the increasing interest in NFTs is evident, with Bitcoin now ranking as the second-largest NFT sales platform. Only time will tell if the Quantum Cats NFTs will rise in value, maintain their price, or experience a decline in secondary markets.
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