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The instructions on how to acquire them involves running a self-custodial Bitcoin wallet, requires an empty Bitcoin address, and all bids will be in bitcoin. Yuga Labs is launching an Ordinal Inscription collection on Bitcoin. It’s the type of energy and excitement we love at Yuga,” the firm stated. “Stepping into the Ordinals Discord a month ago felt like getting a glimpse of the 2017-era Ethereum NFT ecosystem. Yuga Labs cited the recent buzz around Bitcoin NFTs, or Ordinals, as the reason why it chose to drop a collection on the network. “Inspired by this, our collection explores the relationship between time, mathematics, and variability,” it explained. An inscribed satoshi can be located by tracking when that satoshi was minted in time via the Ordinal Theory protocol.”

“Satoshis are the smallest individually identifiable units of a Bitcoin. “TwelveFold is a base 12 art system localized around a 12×12 grid, a visual allegory for the cartography of data on the Bitcoin blockchain,” the post reads, adding that: In an accompanying blog post, Yuga Labs explained the concept behind the collection is based on mathematics, time and the Bitcoin blockchain. A limited edition collection of 300 generative pieces, inscribed on satoshis on the Bitcoin blockchain. 28, with Yuga Labs unveiling 300 tokenized computer generated artworks as part of the TwelveFold collection that will go up for auction later this week.

The move was announced via Twitter on Feb. Yuga Labs jumps on Ordinals hype, Dookey Dash key sells for 1,000 ETH and more… - NFT Crypto Art nft, coin marketcap, opensea, nft meaning, cryptocurrency, crypto, coinbase stocks, nft s, nft market, binance us, cryptocurrency prices, nft art, crypto prices, luna crypto, what cryptocurrency, most expensive nft, crypto mining, opensea nft, nfts meaning, best crypto to buy now, non fungible tokens, crypto wallets, avalanche crypto, niftygateway, crypto markets, metaverse crypto, sandbox crypto, best crypto wallets, ape nft, cryptocurrency mining, ftx crypto, buy nft, stablecoins, pinetwork, nfts for sale, nft nyc, openseaio, coinmarket, nft crypto, solanart, crypto coin, nft price, investing in cryptocurrency, coinbase nft, gamestop nft, what nft, pi cryptocurrency, ada crypto, top cryptocurrency, new cryptocurrency, crypto bubbles, fantom crypto, bitboy crypto, helium crypto, cryptocurrency prices live, polka dot crypto, non fungible, coin nasdaq, crypto exchanges, crypto watch, crypto prices today, crypto atm, nft examples, luna crypto price, worldcoinindex, safemoon crypto, pi coin, staking crypto, crypto etf, nft for sale,īored Ape Yacht Club (BAYC) creators Yuga Labs has announced a new NFT collection on Bitcoin dubbed “TwelveFold.”
