Yuga Labs’ first Bitcoin NFT auction nets $16.5M in 24 hours


The public sale for Yuga Labs’ inaugural Bitcoin Ordinal nonfungible token (NFT) assortment has ended, netting the agency $16.5 million in simply 24 hours. 

You might also like

A complete of 288 bidders gained one of many Bitcoin NFTs from the “TwelveFold” assortment. Yuga stated the winners will obtain their inscription inside one week, whereas the unsuccessful bids could have their bid quantity returned inside 24 hours.

The public sale yielded 735 BTC value an estimated $16.5 million at present costs. The best of the 288 bidders paid simply over 7 BTC or $161,000 for one of many items.

Prime ten bids leaderboard – Supply: twelvefold.io
Backside ten bids, the bottom gained #288 – Supply: twelvefold.io

Yuga introduced the gathering in late February, describing it as a “base 12 artwork system localized round a 12×12 grid, a visible allegory for the cartography of knowledge on the Bitcoin blockchain.”

TwelveFold #1 gained by the very best bidder – Supply: Yuga Labs

It includes a restricted version assortment of 300 generative items inscribed on Satoshis on the BTC community. The fortunate winners had been desperate to share their new NFTs on-line:

Associated: Nifty Information: Yuga Labs jumps on Ordinals hype

As reported by Cointelegraph, Yuga Labs obtained backlash over the weekend from the crypto community who recognized flaws in the way it performed the public sale for the Ordinals assortment.

Source link

Recommended For You

Next Post

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Articles

Browse by Category