cryptonews: The studio behind top Ethereum NFT projects like Bored Ape Yacht Club dipped a toe into Bitcoin Ordinals and came away with $16.5 million.
The studio behind top Ethereum NFT projects like Bored Ape Yacht Club dipped a toe into Bitcoin Ordinals and came away with $16.5 million.
The protocol allows anything from text and images to audio and even smart contracts to be inscribed onto Bitcoin. Last week, research from crypto investment firm Galaxy Digital predicted ordinals would be aThe TwelveFold project has, unsurprisingly, a lot of connections to the number 12, which is in turn a nod to Bitcoin's blockchain, according to Yuga Labs chief content officer and TwelveFold artist Figge.
Unlike many Ethereum NFTs which simply link to JPEGs on a server, the art on TwelveFold's ordinals is inscribed on-chain — making it immutable, the project's website said.
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