Yuga Twelvefold Bitcoin NFT Auction Raises $16 Million

Mar 7, 2023

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Yuga Labs, a popular non-fungible token (NFT) creator, recently launched a Bitcoin-themed NFT collection called “” which includes 288 unique NFTs based on the history and culture of Bitcoin. The NFTs were auctioned off on the NFT marketplace, with the top bid reaching nearly $160,000.

The Yuga Labs team is known for creating some of the most sought-after NFT collections in the crypto space, and the Twelvefold collection was no exception. The NFTs feature iconic moments in Bitcoin’s history, such as the first-ever Bitcoin transaction and the launch of the Bitcoin network.

The TwelveFold auction has ended. Congratulations to the top 288 bidders – you will receive your inscription within one week. Valid bids that did not rank in the top 288 will have their bid amount returned to their receiving address within 24 hours.

— Yuga Labs (@yugalabs)

Auction Results

The collection, TwelveFold, garnered 3,246 total bids during the 24-hour auction, which began Sunday, according to a Yuga spokesperson. Of those, the highest bid was 7.1159 BTC, or roughly $159,500. The lowest successful bid was 2.2501 BTC, or just over $50,000.

The auction was a huge success for Yuga Labs and demonstrates the continued demand for high-quality NFTs in the crypto market.

NFTs in the Crypto Space

NFTs have become increasingly popular in the crypto space in recent years, with many collectors and investors viewing them as a new form of digital art and a way to invest in unique and rare assets.

NFTs are unique digital assets that are stored on a blockchain and cannot be replicated or duplicated. This makes them highly valuable and sought-after, particularly among crypto enthusiasts and collectors.

Yuga Labs is one of the most popular NFT creators in the crypto space, and the success of the Twelvefold collection demonstrates the continued demand for high-quality and unique NFTs in the market.

Conclusion

The success of the Twelvefold collection demonstrates the continued demand for high-quality and unique NFTs in the crypto market. NFTs have become increasingly popular in recent years, with many collectors and investors viewing them as a new form of digital art and a way to invest in rare and unique assets.

Yuga Labs is one of the most popular NFT creators in the market, and their success with the Twelvefold collection is a testament to their creativity and ability to tap into the growing demand for NFTs in the crypto space. It will be interesting to see what other NFT collections they come up with in the future and how the NFT market as a whole continues to evolve and grow in the coming years.

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Todd Lyndon
I am a junior copywriter, my main field is the crypto world and the real use case of the blockchains. I am also an expert of the NFTs and addicted to F2P games, also I am a game developer. My dream is to try all Blockchain games at the release.