Bitcoin-Themed 'Wizard Village' Raises $7.5 Million to Bring Innovation to Bitcoin
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Taproot Wizards, a Bitcoin-focused Ordinals project inspired by a Reddit meme, raises $7.5M led by Standard Crypto.
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The funding will rebuild Bitcoin's "wizard village" to bring innovation back and compete with blockchains like Ethereum.
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Taproot Wizards has minted 2,121 wizards total, with only 20 distributed so far. They are pacing releases slowly.
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Ordinals have been given to active community members who participated in "wizard school" or showed dedication.
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Investors see potential for Taproot Wizards to build the brand and infrastructure around Bitcoin.