First Bitcoin NFT Project From The House of BAYC Is Here!

It is another day in the crypto land where the crypto enthusiasts have another project to get excited about! The infamous Bored Ape Yacht Club, famous for their Bored Ape NFTs, have announced that they are coming out with the first Bitcoin NFT Project! The collection is being named as TwelveFold. It is a limited series of only 300 generative Ordinals NFT art pieces that are inscribed on the Bitcoin blockchain, that are set to be auctioned later this week.

This launch is one of the big profile launches to date via the Ordinals platform. The platform is recently launched which gives way to committing artwork and media to Bitcoin by helping to permanently attach each other to an individual Satoshi, or 1/100,000,000 of a full Bitcoin.

Did You Know? The Ordinal Inscriptions, which are similar to NFTs, are digital assets that are inscribed on a satoshi, which is the lowest denomination of a Bitcoin (BTC).

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The TwelveFold pieces, each one 12×12 grids, is done in a way to pay respect to the manner in which data is stored on the Bitcoin blockchain. The will 12×12 grids will further combine 3D graphics and hand-drawn features in the NFTs. This project was designed and made by the in-house art team of the Yuga Lab. The creators of the collection has also mentioned that this set of BTC NFTs will not have any connection to Yuga’s Ethereum-based IP. Further Information said that the TwelveFold NFT will also have no future interactions or utility in that regard.

The TwelveFold collection marks a departure from Yuga’s past use cases in a few important ways. One of the most notable option is that every other project under the Yuga banner, which currently lives on the Ethereum blockchain, the leading network for NFT projects; will be moving or expanding to Bitcoin’s blockchain now.

There is yet another difference that the new collection has with respect to Yuga lab’s previous projects. The TwelveFold collection stands apart in terms of size of the NFT collection. Previously, all other Yuga-owned collections had about 10,000 or more NFTs, whereas TwelveFold will consist of only 300 pieces. However, it is closer in approach to the Autoglyphs collection. It was an influential Larva Labs generative art project based on the Ethereum blockchain only, and it spanned to just 512 NFTs.

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