The auction for TwelveFold has begun and will conclude on the block immediately prior to 3pm PT tomorrow, March 6th, 2023. Good luck.https://t.co/gvl8IHpekC pic.twitter.com/xGWU9jdCoO
— Yuga Labs (@yugalabs) March 5, 2023
Out of 300 NFTs launched, 288 were sold as a 24-hour auction, and the rest went to project and charity contributors.
Results will be based on the last Bitcoin block before 3:00 pm on March 6. If the previous block occurs at 2:57 pm that day, any bids after that will be ignored even if they were submitted beforehand. There are currently no guidelines and starting prices for the sale.
To participate, users need 2 Bitcoin wallet addresses, one to send BTC to the auction and one to receive NFT after the event. As of the time of writing, 223 people were participating in the sale, and the highest bid price was 0.637 BTC ($14,251).
.@yugalabs’s Twelvefold auction is on
– Total bidders: 223
– Highest bid: 0.637 BTC ($14,294)
– Total bid: 5.58 BTC ($125,327.)
– Avg bid: 0.0249 BTC ($559) pic.twitter.com/KIhlmhOH08
— Harry Liu @ Forj (@harry_forj) March 6, 2023
This exclusive collection includes 300 limited edition pieces of art, with each piece uniquely engraved on the Bitcoin blockchain. The NFTs are split into a 12×12 grid and feature a mix of 3D graphics and hand-drawn elements, all designed and created by Yuga Labs’ in-house art team.
The unique feature of this product is that 300 works of art will be minted through Ordinals on the Bitcoin network. Ordinals quickly exploded in the crypto community as many participants tried and put NFT on the Bitcoin network, causing BTC’s block space to be filled with NFT crypto transactions.
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