The creator of the Bored Ape Yacht Membership is promising puzzles, prizes, and Bitcoin with its newest initiative. Created round its generative artwork assortment TwelveFold, Yuga Labs has launched a cipher puzzle sequence impressed by the Bitcoin-based art work—and will probably be giving out Bitcoin as prizes to individuals.
“The TwelveFold puzzles keep true to the inspiration behind the gathering—the connection between time, arithmetic, and variability,” mentioned the corporate at present.
TwelveFold is a 300-piece generative artwork assortment constructed on Ordinals, the protocol that lets customers “inscribe” NFT-like art work and different belongings to the Bitcoin blockchain. Though the March public sale garnered some criticism throughout the crypto house, Yuga Labs managed to lift about $16.5 million from the first sale through 288 profitable bidders.
In February we launched TwelveFold, 300 distinctive generative artwork items on the Bitcoin blockchain.
In the present day, we launch a cipher puzzle sequence impressed by the artwork, at https://t.co/AAG3qFHvcR.
Sure, there are prizes…and also you presently don’t have to personal a TwelveFold to take part.
pic.twitter.com/vyh23ifrtF
— Yuga Labs (@yugalabs) September 5, 2023
Symbolic of how knowledge is saved on the Bitcoin blockchain, Yuga mentioned, TwelveFold artwork items are 12×12 grids that mix 3D graphics and hand-drawn traits. These artwork items, which have been inscribed onto particular person satoshis (the smallest denomination of a Bitcoin), present the bottom for the newly launched puzzle sequence.
Beginning at present, Yuga Labs will probably be launch one “Moon Puzzle” for individuals to attempt to remedy each week for 12 weeks, and supply up 0.12 Bitcoin (about $3,090 at current) as a prize to the primary right guesser for every weekly puzzle.
On the thirteenth week, nevertheless, the Moon will probably be changed by the “Solar Puzzle” which can reward the winner with one of many TwelveFold Ordinals. TwelveFold items presently begin at a value of about 0.9 BTC (about $23,150) on the Magic Eden secondary market.
Bored Ape Yacht Membership Creator Yuga Labs Reveals First Bitcoin NFT Venture
Every puzzle will be solved by anyone, not simply TwelveFold asset house owners. Nevertheless, Yuga Labs teased within the information submit that TwelveFold holders can anticipate “one thing coming your method quickly.”
To take part, customers will want an Ordinals Bitcoin pockets, equivalent to Xverse or Unisat. Gamers can then head to the TwelveFold web site, obtain a puzzle, and let their artistic—or logical—minds get to work. Solutions are submitted by inscribing them on-chain through satoshis, so the submission course of will dwell eternally on the Bitcoin blockchain.
There can solely be one winner per puzzle, mentioned Yuga, which added that tax kinds are required as a way to declare the prize cash. In case of simultaneous right solutions making it into the identical block, the winner will probably be determined by whoever has the decrease inscription quantity.
The competitors might be fierce, nevertheless, as Yuga’s web site already reveals that at present’s puzzle has been solved.
