Yuga Labs Bitcoin NFT Auction Smashes Records, Garners $16.5M in 24 Hours

The digital art world is buzzing! Yuga Labs, the creators of the wildly popular Bored Ape Yacht Club (BAYC), has completed the inaugural auction of its Bitcoin Ordinal non-fungible token (NFT) collection, netting a staggering $16.5 million in just 24 hours. This marks a significant move for Yuga Labs into the Bitcoin NFT space.

TwelveFold Collection Auction Exceeds Expectations

Yuga Labs has just concluded the auction of its first-ever Bitcoin-based non-fungible token (NFT) collection – TwelveFold. The auction, which lasted for 24 hours, saw incredible demand. Yuga Labs, a digital art and design studio, has earned $16.5 million in just 24 hours from its inaugural Bitcoin Ordinal NFT collection.

Details of the Groundbreaking Bitcoin NFT Auction

The auction included 288 Bitcoin-based NFTs from Yuga Labs Inc, the creator of the Bored Ape Yacht Club (BAYC) NFT collection, and raised $16.5 million in an auction of its inaugural Bitcoin Ordinal NFT collection. The auction for Yuga Labs’ inaugural Bitcoin Ordinal nonfungible token collection has ended, netting the firm $16.5 million in just 24 hours. A total of 288 bidders won. The auction for Yuga Labs’ first collection of non-fungible Bitcoin Ordinal tokens is over, and the company made $16.5 million in just 24 hours. One of the “TwelveFold” Bitcoin NFTs was won.

What is TwelveFold and Why is it Significant?

The auction for Yuga Labs’ first series of Bitcoin ordinal non-fungible tokens (NFTs) has concluded, netting the company $16.5 million in just 24 hours. A total of 288 bidders won one of these unique Bitcoin Ordinal NFTs. The TwelveFold collection represents Yuga Labs\' foray into leveraging the Bitcoin blockchain for NFTs, showcasing the potential for innovation and expansion within the digital art world.