Yuga Joining Bitcoin Ordinal Party
Yuga Labs is entering the Bitcoin Ordinal movement and launching a 300-supply experimental collection on the Bitcoin blockchain according to a recent news post.
❗Why It Matters
In the past few weeks, we have seen a lot of attention on Bitcoin Ordinals with collections like OnChainMonkey, DeGods, Sappy Seals, and many others pushing boundaries and making a leap onto the Bitcoin blockchain. And while interest from those projects validated Ordinals to a certain degree, Yuga Labs involvement may single-handedly mark that Bitcoin NFTs are here to stay.
The generative art collection, TwelveFold, will have a supply of only 300 pieces with each one being auctioned off in BTC. More details are expected later this week.
"TwelveFold is a base 12 art system localized around a 12x12 grid, a visual allegory for the cartography of data on the Bitcoin blockchain. The collection includes highly-rendered 3D elements as well as hand-drawn features which serve as an homage to the ordinal inscriptions currently done by hand," said the release.
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