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<p>Yuga Labs, the U.S.-based firm behind <a target="_blank" href="https://forkast.news/bored-apes-yacht-club-nft-explainer/" rel="noreferrer noopener">Bored Ape Yacht Club (BAYC)</a>, <a target="_blank" href="https://twitter.com/yugalabs/status/1630342395295412232" rel="noreferrer noopener nofollow">announced</a> on Tuesday that it plans to launch TwelveFold later this week, its first <a target="_blank" href="https://forkast.news/tokens-nfts-tokenization/" rel="noreferrer noopener">non-fungible token (NFT)</a> assortment on the Bitcoin community. </p>

<p><strong><em>See associated article: </em></strong><a target="_blank" href="https://forkast.news/video-audio/nfts-bitcoin-future/" rel="noreferrer noopener">NFT’s Bitcoin Future</a></p>

<h2>Quick details</h2>

<ul> <li>TwelveFold, a restricted assortment of 300 generative artwork items that explores the connection between time, arithmetic and variability, will probably be inscribed on satoshis, the smallest denomination of the Bitcoin cryptocurrency. </li>

<li>Yuga Labs mentioned that TwelveFold is an unbiased artwork assortment unrelated to its different Ethereum-based tasks.</li>

<li>The information comes every week after the <a target="_blank" href="https://forkast.news/headlines/bitcoin-exceeds-154000-inscriptions-month-litecoin-ordinals-launches/" rel="noreferrer noopener">Bitcoin network surpassed 154,000 Ordinals inscriptions</a> final Tuesday. Ordinals is a protocol that permits the everlasting inscription of digital property on satoshis, including an NFT layer to the Bitcoin community.</li>

<li>Yuga Labs is the creator of a number of the most profitable NFT collections along with BAYC, together with the Mutant Ape Yacht Membership and the Bored Ape Kennel Membership. The corporate additionally acquired the rights to fan favorites CryptoPunks and Meebits final yr.</li>

<li>Yuga Labs’ mentioned its newest upcoming assortment, TwelveFold, will launch at an public sale later this week. The public sale particulars will probably be introduced 24 hours prior. </li> </ul>

<p><strong><em>See associated article:</em></strong> <a target="_blank" href="https://forkast.news/bitcoin-protocol-nft-creation-trading-market/" rel="noreferrer noopener">New Bitcoin protocol may shake up the NFT market</a></p> </div><script async src="//platform.twitter.com/widgets.js" charset="utf-8"></script> <br>[ad_2] <br><a href="https://forkast.news/headlines/yuga-labs-launch-first-bitcoin-based-nfts-twelvefold/amp/">Source link </a>