Explore the Relationship Between Time, Math & Bitcoin: Introducing TwelveFold NFT Collection
• CryptoPunks and Bored Ape Yacht Club have introduced their first Bitcoin Ordinals NFT collection, TwelveFold.
• The 300-piece generative art collection explores the relationship between time, mathematics, and variability.
• Yuga Labs has a valuation of $4 billion due to their success with NFTs.
Introduction
CryptoPunks and Bored Ape Yacht Club have introduced their first Bitcoin Ordinals NFT collection, TwelveFold. This 300-piece generative art collection is an exploration of the relationship between time, mathematics, and variability. Yuga Labs has a valuation of $4 billion due to their success with NFTs.
TwelveFold Collection
The TwelveFold Collection consists of randomly generated bubble-like creations that explore the relationship between time, mathematics, and variability. The pieces include highly rendered 3D elements as well as hand-drawn features which serve as an homage to the ordinal inscriptions currently done by hand.
Yuga Labs Success
Yuga Labs quickly ascended to the top of the NFT market due to the success and massive popularity of their flagship projects. A March 2022 seed round at the height of the NFT craze placed the value of the company at $4 billion indicating a new perception of Ordinals as a platform for highest levels of NFT creation.
Inscriptions on Bitcoin Blockchain
Ordinals allow content such as images videos and HTML to be included in Bitcoin transactions and assigned to individual satoshis allowing for more than 100000 collectibles inscribed within three weeks after introduction with now over 200000 inscriptions hosted by full nodes on Bitcoin blockchain demonstrating its popularity among users adding images to Bitcoin transactions.
Conclusion
Yuga Labs’ entry into bitcoin marketplace could potentially indicate a new perception of Ordinals as a platform for highest levels of NFT creation with ability for them to inherit attributes from bitcoin bringing them from realm third parties centralized databases into immutable decentralized realm making it easier for users add images their transactions in secure manner providing support for other forms media create truly unique experiences on blockchain network.