Taproot Wizard Bankrolls Odin.fun a Bitcoin trading platform 

Taproot Wizards, a well-known Bitcoin Ordinals project, has invested successful Odin.fun, a caller level that makes trading Bitcoin-based memecoins elemental and fast. The concern was led by Udi Wertheimer, co-founder of Taproot Wizards, who said helium was truly impressed with however good Odin.fun worked.

“We’ve known Odin’s co-founder Bob Bodily for 2 years. He’s been gathering successful crypto and Bitcoin for a agelong clip and ever puts his users first. We’re large fans,” Wertheimer said connected X (formerly Twitter).

Odin.fun officially launched successful February 2024, but earlier that, it had a closed beta successful January, wherever a tiny radical of users got to effort it out. Bodily invited Taproot Wizards to trial the platform, and they were instantly impressed. 

“The precise adjacent day, I asked Bob to fto america pb the round. It was that good,” Wertheimer shared. After that, the level grew rapidly and became fashionable among Bitcoin traders looking for an easier mode to commercialized memecoins.

Unlike regular Bitcoin trading, Odin.fun is designed to beryllium elemental and seamless. It works similar Solana’s memecoin trading, wherever everything happens rapidly and without a batch of other steps. The level uses automated marketplace makers (AMMs) and liquidity pools (LPs), which assistance users commercialized smoothly without needing to recognize analyzable trading systems.

Taproot Wizards had been discussing for a agelong clip astir ways to amended Bitcoin trading. But erstwhile they saw Odin.fun, they realized idiosyncratic had already built what they wanted. “Users don’t attraction astir ‘layers.’ They conscionable privation to commercialized easily. Bridging should beryllium seamless and transparent, similar it’s not adjacent there,” Wertheimer explained.

Odin.fun was created by Bioniq, a institution that builds Bitcoin marketplaces, and is led by Bob Bodily. Even though Taproot Wizards invested successful it, Odin.fun volition stay autarkic and proceed to tally nether Bodily’s leadership.

Wertheimer called Odin.fun the champion app successful the ‘Bitcoin Season 2’ ecosystem and encouraged much radical to effort it. “It works, it’s seamless, and it’s fun. And the Bitcoin degens emotion it,” helium said.

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