2 years ago
The highest of the 288 bidders forked retired conscionable implicit 7 BTC for 1 of the 288 Bitcoin Ordinals-based NFTs up for auction.
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The auction for Yuga Labs’ inaugural Bitcoin Ordinal nonfungible token (NFT) postulation has ended, netting the steadfast $16.5 cardinal successful conscionable 24 hours.
A full of 288 bidders won 1 of the Bitcoin NFTs from the “TwelveFold” collection. Yuga said the winners volition person their inscription wrong 1 week, portion the unsuccessful bids volition person their bid magnitude returned wrong 24 hours.
The TwelveFold auction has ended. Congratulations to the apical 288 bidders - you volition person your inscription wrong 1 week. Valid bids that did not fertile successful the apical 288 volition person their bid magnitude returned to their receiving code wrong 24 hours.
— Yuga Labs (@yugalabs) March 6, 2023According to NFT collector ‘tropoFarmer’, the auction yielded 735 BTC worthy an estimated $16.5 cardinal astatine existent prices. The highest of the 288 bidders paid conscionable implicit 7 BTC oregon $161,000 for 1 of the pieces.
the TwelveFold auction conscionable concluded, earning a full of 735 BTC / $16,500,000 successful 24 hours, with the highest bidder paying $161k. biggest carnivore marketplace driblet by a mile, and it wasn't adjacent connected Ethereum
I'd accidental the Yuga ordinals experimentation was a monolithic fiscal success. pic.twitter.com/DUC2cKrZxo
Yuga announced the postulation successful precocious February, describing it arsenic a “base 12 creation strategy localized astir a 12×12 grid, a ocular allegory for the cartography of information connected the Bitcoin blockchain.”
TwelveFold #1 – Source: Yuga LabsIt comprises a constricted variation postulation of 300 generative pieces inscribed connected Satoshis connected the BTC network.
Related: Nifty News: Yuga Labs jumps connected Ordinals hype
As reported by Cointelegraph, Yuga Labs received backlash implicit the play from the crypto assemblage who identified flaws successful however it conducted the auction for the Ordinals collection.
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