twelvefold

ChainCatcher message, Yuga Labs' Bitcoin NFT series TwelveFold #205 has been "inscribed" twice, Inscription 444385 and 446221 are both Twelvefold 205/300. (source link)

ChainCatcher news, Yuga Labs tweeted that they are currently processing the inscription transfer for the TwelveFold NFT series. Once all pieces are inscribed and transferred to the auction winners' empty receiving addresses.It is reported that 21 auction winners have receiving addresses that are not empty, but Yuga Labs will insist on sending the pieces to these addresses. Yuga Labs recommends that these 21 addresses clear their receiving addresses before the remaining TwelveFold fragments are sent out. (source link)

ChainCatcher message, Yuga Labs' Bitcoin NFT series TwelveFold has ended its auction. The top 288 bidders will receive inscriptions within a week, while the remaining bidders will receive refunds within 24 hours. The highest bid was 7.1159 BTC, and the lowest bid was 2.25 BTC. (source link)

ChainCatcher news, Yuga Labs' Bitcoin NFT series TwelveFold currently has a highest bid of 2 BTC, with a bid from an address starting with bc1pdkgf6y. It is reported that a total of 288 inscriptions will be auctioned, and 288 highest bidders will be awarded at the end of the auction. Currently, among the top 288 bids, there are 102 addresses with bids over 0.1 BTC, with the lowest bid being 0.0219. This auction will end before 7:00 AM Beijing time on March 7, 2023.Previous report, the TwelveFold auction model has caused dissatisfaction among the creators of the Ordinals protocol and the crypto community. (Source link)

ChainCatcher news, Yuga Labs' Bitcoin NFT series TwelveFold auction model has sparked dissatisfaction within the crypto community. According to the auction rules, bidders are required to send their entire BTC bid amount to a single BTC address controlled by Yuga, and the winning bidder only needs to pay the BTC of their bid, while Yuga claims to refund the BTC to unsuccessful bidders. Some members of the crypto community pointed out that refunds for unsuccessful bids must be done manually, akin to the "Stone Age."Twitter user @veryordinally stated, "Yuga Labs has established very poor priorities in such auctions. They take over the bidders' Bitcoin and promise to return unsuccessful bids." Bitcoin Ordinals protocol creator Anthony Guerrera agreed, stating that Yuga Labs' auction behavior is "depraved," and he added that he would encourage others to boycott the project if Yuga conducts similar auctions. (source link)

ChainCatcher news, Yuga Labs announced that the auction for the NFT series TwelveFold based on the Ordinal protocol has begun and will end before 7:00 on March 7, 2023. According to official data, the current highest bid for the series is 0.59 BTC (approximately $13,000).It is reported that on February 28, Yuga Labs announced the launch of the NFT series TwelveFold on the Bitcoin blockchain based on the Ordinals protocol. The series will consist of 300 limited edition generative art pieces, each inscribed on the Bitcoin blockchain. Each NFT piece is a 12x12 grid, combining 3D graphics and hand-drawn features, designed and created by Yuga Labs' internal art team. The company stated that TwelveFold is not associated with any of its IP on the Ethereum chain and will not have any interactions in the future. (source link)

ChainCatcher news, Yuga Labs announced on social media that the TwelveFold auction will start at 3 PM Pacific Time on March 5 (7 AM Beijing Time on March 6) and will end before 3 PM Pacific Time on March 6, 2023 (7 AM Beijing Time on March 7) after 24 hours.To participate in the auction, users need two Bitcoin wallet addresses. Yuga Labs recommends that users have one self-custodied BTC wallet address that supports Taproot to receive inscriptions. Regarding the two addresses needed by users: one wallet address should contain the Bitcoin they wish to use for bidding; the other self-custodied, Taproot-supporting wallet address should be empty. This is the receiving address where, if the user wins, the Ordinal inscription will be sent; if the bid is unsuccessful, the user's bid will be returned here. A total of 288 inscriptions will be auctioned, and 288 highest bidders will be awarded at the end of the auction. Each TwelveFold piece will be sent to the receiving address provided by the bidder at the time of bidding. (Source link)

ChainCatcher news, according to data from Dune Analytics, the total minting volume of the Bitcoin NFT protocol Ordinals, launched by software engineer Casey Rodarmor, has surpassed 200,000, currently reaching 202,177. The highest single-day minting volume occurred on February 9, with 21,824 NFTs minted that day.Earlier, ChainCatcher reported that Yuga Labs announced it will launch the NFT series TwelveFold on the Bitcoin blockchain based on the Ordinals protocol later this week. (source link)

ChainCatcher news, Yuga Labs has announced the release of a new Bitcoin-based NFT series called TwelveFold. The series will include 300 pieces of generative artwork inscribed on satoshis on the Bitcoin blockchain. This process is achieved through the Ordinal Theory protocol. These NFTs are arranged in a 12x12 grid as a "visual allegory of Bitcoin blockchain data mapping." Yuga Labs stated that the NFT includes 3D elements as well as hand-drawn features. (The Block)