Even after a weeklong minting process marred by technical issues, the Quantum Cats digital images were going for more than $10,000 each on the NFT marketplace Magic Eden, on their first day of secondary trading.
With almost two hours left for whitelisted buyers to claim the digital-art collectibles, at least 2,560 of the series of 3,000 had been claimed, at a fixed price of 0.1 BTC ($4,274 each).
Taproot Wizards struggled with technical issues during Monday’s initial attempt to sell about 3,000 of the “NFTs on Bitcoin.” The team says they underestimated demand, and says the minting site is now fixed but needs more time for testing.
“We had big plans for mint day and we didn’t live up to your expectations of us and to our expectations of ourselves,” Taproot Wizards co-founder Udi Wertheimer posted on X.