Yuga Labs jumps on Ordinals hype, Dookey Dash key sells for 1,000 ETH and extra…
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Bored Ape Yacht Membership (BAYC) creators Yuga Labs has introduced a brand new NFT assortment on Bitcoin dubbed “TwelveFold.”
The transfer was introduced by way of Twitter on Feb. 28, with Yuga Labs unveiling 300 tokenized laptop generated artworks as a part of the TwelveFold assortment that may go up for public sale later this week.
In an accompanying weblog put up, Yuga Labs explained the idea behind the gathering is predicated on arithmetic, time and the Bitcoin blockchain.
“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 put up reads, including that:
“Satoshis are the smallest individually identifiable units of a Bitcoin. An inscribed satoshi can be located by tracking when that satoshi was minted in time via the Ordinal Theory protocol.”
“Inspired by this, our collection explores the relationship between time, mathematics, and variability,” it defined.
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