Yuga Labs Launches TwelveFold: A New NFT Series Based on Bitcoin
It is reported that Yuga Labs announced the release of a new NFT series based on Bitcoin, called TwelveFold. The series will include 300 generated works of art…
It is reported that Yuga Labs announced the release of a new NFT series based on Bitcoin, called TwelveFold. The series will include 300 generated works of art written on Satoshis on the Bitcoin blockchain. This process is implemented through the Ordinal Theory protocol. These NFTs are placed on a 12×12 grid as “the visual fable of Bitcoin blockchain data mapping”.
Yuga Labs Launches NFT Series TwelveFold Based on Bitcoin
Interpretation of the news:
In the world of blockchain, cryptocurrencies, and non-fungible tokens (NFTs), Yuga Labs has announced the launch of a new NFT series called TwelveFold, based on the world-famous cryptocurrency Bitcoin. These unique artworks are created using the Orderly Theory protocol and written on Satoshis on the Bitcoin blockchain.
Yuga Labs, one of the leading NFT creators, has released this new NFT series called “TwelveFold,” which includes 300 artworks. Each of these artworks is generated using the Ordinal Theory protocol and is placed on a 12×12 grid, creating a “visual fable of Bitcoin blockchain data mapping,” according to the company’s announcement.
The use of Ordinal Theory protocol ensures that each artwork in the TwelveFold series is presented in a unique way. The series is built on Bitcoin blockchain, setting itself apart from other NFT series that are based on Ethereum or other cryptocurrencies. By writing on Satoshis, the smallest unit of Bitcoin (which is worth a hundredth of a millionth of a Bitcoin), the series emphasizes the importance of decentralization and the value of each unit in the Bitcoin ecosystem.
The concept of mapping the blockchain data onto an art form is not entirely new, but Yuga Labs’ interpretation stands out. The incorporation of the 12×12 grid provides a framework to represent diverse aspects of blockchain data in a coherent way. According to the creators, “the TwelveFold series presents a beautiful fable in the form of art, exploring the intricate and delicate web of data that is at the heart of Bitcoin and the entire blockchain ecosystem.”
The TwelveFold series reinforces the importance of NFTs, taking them beyond a mere digital asset to a unique form that can hold intrinsic value for its holder. The combination of art, data, and the blockchain ecosystem makes for a unique and interesting blend, giving credence to the importance of NFTs in the current digital economy.
In conclusion, Yuga Labs has taken a unique approach with TwelveFold, a new NFT series based on Bitcoin, encrypting each artwork on Satoshis on the Bitcoin blockchain. The series presents a beautiful visual fable of Bitcoin blockchain mapping and reinforces the importance of NFTs in today’s digital age.
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