Yuga Labs' Bitcoin NFT collection TwelveFold to be auctioned Sunday

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Yuga Labs' Bitcoin NFT collection TwelveFold to be auctioned Sunday
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Of the 300 NFTs on offer, 288 will be available for sale. There will be 12 held back for contributors, donations and philanthropic efforts.

The auction for Yuga Labs’ first Bitcoin NFT collection, TwelveFold, will begin at 3 p.m. PT Sunday.

Of the 300 NFTs on offer 288 will be available for sale. There will be 12 held back for contributors, donations and philanthropic efforts.Connect/Create WalletNo wallet? No problem. You can set one up for free. We recommend Torus for first-time users.NFT heavyweight Yuga Labs laid out the terms of the auction for its Bitcoin NFT collection TwelveFold on Sunday, which is due to start at 3 p.m. PT.

Of the 300 NFTs on offer, which were generated by Yuga Labs using 3D modeling technology among other techniques, 288 will be available for sale. There will be 12 held back for contributors, donations and philanthropic efforts, according to aThe results will be finalized based on the last completed Bitcoin block before 3 p.m. PT on March 6.

Bitcoin NFTs are inscribed onto satoshis on the Bitcoin blockchain. Inscriptions, also known as digital artifacts, are created when a file, such as an art image like those created for TwelveFold, is written units of Bitcoin called satoshis, the smallest individually identifiable units of Bitcoin.

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