$118,896.00
1.47%$3,726.59
1.02%$3.50
1.03%$798.99
6.23%$201.24
2.19%$0.999898
0.00%$0.2654
1.66%$3,709.81
0.80%$0.883716
1.45%$0.316793
2.33%$118,551.00
1.23%$44.82
2.66%$0.472269
3.48%$4,485.51
0.92%$4.00
3.32%$19.61
2.58%$3,998.05
1.29%$0.270022
1.55%$25.74
0.81%$3,982.65
0.90%$528.74
2.14%$119.47
2.97%$0.00001523
1.35%$8.99
-0.07%$3,725.20
0.92%$3.30
1.67%$0.999906
-0.01%$4.51
2.77%$1.00
0.24%$1.001
-0.08%$118,959.00
1.48%$10.72
2.63%$44.62
1.27%$326.28
2.56%$0.00001412
2.35%$4.83
1.10%$307.05
-1.34%$450.47
3.51%$0.127928
5.94%$1.18
0.03%$3.02
3.64%$24.11
4.06%$0.474486
-2.03%$5.45
3.50%$1.12
6.70%$6.07
2.68%$245.32
1.97%$0.488156
-2.54%$49.98
3.68%$0.113506
0.36%$0.0450009
22.28%$0.00003647
7.11%$0.828548
5.39%$0.292692
1.62%$0.476101
2.08%$1.00
0.00%$0.0278409
1.85%$1.34
12.01%$4.56
4.03%$5.12
1.50%$0.251711
1.10%$3,720.25
1.18%$11.08
3.25%$1.001
0.16%$18.05
4.77%$0.80757
0.02%$0.352842
3.73%$214.16
2.43%$2.91
3.11%$4.50
0.02%$131.98
2.98%$2.01
8.55%$0.621741
-4.33%$1.06
0.02%$0.085419
-2.22%$3,892.54
0.85%$4,237.92
0.85%$118,507.00
1.49%$0.02425782
16.01%$1.65
2.24%$5.22
1.02%$2.18
2.06%$0.095238
1.94%$12.10
-0.31%$15.10
2.62%$5.00
6.37%$1.00
0.04%$0.00014897
6.24%$0.998581
0.10%$3,915.91
0.85%$0.883149
3.22%$0.796796
4.00%$3,981.62
0.71%$0.999922
-0.02%$0.987442
5.13%$4,032.66
1.11%$0.00376864
0.56%$1.34
0.83%$1.00
-0.02%$1.26
2.39%$1.91
3.04%$3,912.42
0.91%$118,611.00
1.01%$0.380156
-0.71%$226.45
2.08%$0.638253
3.03%$0.112784
1.82%$1.19
2.17%$0.178709
4.01%$797.71
6.42%$0.959955
-2.19%$263.77
1.92%$2.89
8.84%$0.998171
0.05%$0.0203498
7.03%$0.980661
5.06%$0.610596
4.15%$3,422.40
0.92%$29.07
8.78%$118,652.00
1.40%$119,183.00
0.78%$0.02007726
3.11%$1.11
0.04%$0.344692
17.81%$0.177422
-14.91%$0.229405
0.36%$3.35
1.32%$0.999866
0.03%$3,414.72
0.86%$0.14505
0.84%$0.33882
2.20%$0.961942
0.82%$3,724.93
0.81%$10.02
-1.06%$4.81
9.04%$3,983.51
0.86%$3,899.67
0.85%$2.18
-2.05%$3,712.58
0.98%$0.00000072
0.84%$0.44631
3.44%$43.93
1.66%$111.89
0.01%$3.76
0.09%$0.413701
9.00%$1.091
-0.33%$0.264885
1.57%$0.353647
3.41%$0.999095
0.03%$0.480938
5.35%$0.0000017
11.70%$118,296.00
1.19%$0.999747
-0.00%$3,725.47
0.85%$0.064951
3.07%$2.00
2.14%$0.01851024
-3.16%$0.00680456
6.02%$0.00877785
1.99%$30.39
2.64%$0.599395
1.61%$0.731188
2.22%$0.997715
-0.00%$3,957.61
0.84%$1.65
1.13%$0.00970456
4.10%$118,822.00
1.27%$0.549946
4.90%$0.461535
-1.45%$118,162.00
1.03%$44.89
2.62%$4,110.17
1.11%$3,725.40
0.87%$8.17
0.05%$0.999994
0.01%$1.27
0.55%$1.00
0.02%$0.146968
1.11%$0.073492
0.13%$0.695454
3.53%$18.26
6.01%$7.34
2.62%$53.54
4.35%$0.999206
-0.29%$0.195815
2.74%$4,024.21
-0.44%$0.185588
2.57%$0.00002408
2.17%$2.88
3.74%$1.16
0.02%$0.436392
1.75%$1.48
0.29%$0.431568
1.06%$1.013
13.16%$0.00888479
5.11%$4,493.87
0.71%$0.00000046
0.99%$0.04614418
3.14%$0.45694
5.77%$3,716.35
0.27%$0.061528
2.01%$0.21023
-0.87%$0.093179
-1.60%$0.31286
3.35%$220.44
1.39%$3,728.06
1.00%$7.40
0.01%$44.65
2.50%$0.9999
0.00%$0.999917
-0.21%$1.095
0.07%$0.608801
3.89%$1.47
0.51%$31.33
-0.02%$10.76
0.03%$0.992247
-1.40%$0.400483
4.22%$0.00402551
0.01%$25.76
0.64%$13.48
4.48%$150.28
0.91%$1.63
-2.90%$4.77
10.81%$0.590176
1.21%$0.999967
0.00%$0.855
1.32%$0.00006889
0.90%$0.838057
8.77%$0.03854486
2.96%$0.00551731
1.01%$0.03492333
4.63%$0.00413211
-0.59%$0.251462
1.22%$0.01895259
1.66%$118,012.00
0.95%$21.97
-0.10%$0.00423741
0.34%$118,740.00
1.39%$0.00405382
-1.23%$0.836108
1.17%$0.844375
-1.31%$0.336857
25.38%$1.13
0.58%$227.20
1.85%$0.330462
3.00%$3.71
5.82%$7.68
3.21%$3,902.00
0.62%Reading
Yuga Labs, the $4 billion company behind dominant NFT collection Bored Ape Yacht Club, will debut its first-ever Bitcoin-based NFT project later this week, the company announced Monday.
The collection, TwelveFold, will consist of 300 limited-edition generative art pieces each inscribed to the Bitcoin blockchain. It’s one of the highest-profile launches to date via Ordinals, a recently-launched way of committing artwork and media to Bitcoin by permanently attaching each to an individual Satoshi, or 1/100,000,000 of a full Bitcoin (BTC).
The pieces, all 12x12 grids—an homage to the manner in which data is stored on the Bitcoin blockchain—will combine 3D graphics and hand-drawn features. The project was designed and created by Yuga’s in-house art team, and the company said that it has no connection to its Ethereum-based IP and will have no future interactions or utility in that regard.
TwelveFold marks a departure from Yuga’s past offerings in a few key ways. Most notably, every other project under the Yuga banner currently lives on the Ethereum blockchain, the leading network for NFT projects.
That list includes the Bored Ape Yacht Club (BAYC), spinoff Mutant Ape Yacht Club (MAYC), and virtual land plots for the upcoming Otherside metaverse game. Yuga Labs also owns CryptoPunks and Meebits, two “blue chip” Ethereum NFT projects created by Larva Labs that Yuga purchased the IP rights to last year.
Earn a free on-chain NFT by taking our free course, Crypto Investing: Fundamentals First. Decrypt will cover gas fees for the first 10,000 mints! Ordinals are taking Bitcoin by storm. Ordinal Inscriptions, similar to NFTs, are digital assets inscribed on a satoshi, the lowest denomination of a Bitcoin (BTC). Inscribing on satoshis, named after the pseudonymous creator of Bitcoin, Satoshi Nakamoto, is possible thanks to the Taproot upgrade launched on the Bitcoin network on November 14, 2021. Wh...
TwelveFold also stands apart from those projects in terms of size. Whereas all other Yuga-owned collections boast 10,000 or more NFTs, TwelveFold will consist of only 300 pieces. It’s closer in approach to Autoglyphs, an influential Larva Labs generative art project on Ethereum that spans just 512 NFTs.
“All of these choices are a departure from what’s expected from Yuga,” co-founder Greg Solano wrote in a blog post accompanying Monday's announcement. “But, you know. Fuck doing expected things.”
“We’re excited about Ordinal inscriptions and what the future holds for digital artifacts on Bitcoin,” he continued. Yuga said that it will announce auction details later this week, and that the information will come 24 hours in advance of the actual sale.
Ordinals have commanded the attention of the NFT world over the past month, and while the idea of NFT-like assets imprinted on the blockchain has irked some Bitcoin maximalists, it’s catching on in a big way. More than 200,000 unique Ordinals have been minted as of today, including from notable projects like DeGods and OnChain Monkey. There are even CryptoPunks clones on Bitcoin now.
Yuga’s foray into Bitcoin NFTs also comes at a time when the company’s most stable revenue stream appears to be in jeopardy. NFT creators like Yuga depend on creator royalties—a fee typically between 5% and 10%—levied on secondary sales of NFTs on Ethereum marketplaces like OpenSea.
Bored Ape Yacht Club co-founders Wylie Aronow ("Gordon Goner") and Greg Solano ("Garga") joined Dan Roberts and Kate Irwin on the gm podcast to talk about BAYC parent company Yuga Labs and its size and influence in the space, Ape haters, NFT haters, the SEC investigating Yuga, Buzzfeed "doxxing" Aronow and Solano earlier this year, their vision for the Otherside metaverse realm, and much more. Watch and make sure to subscribe to the gm podcast on Apple or Spotify.
Earlier this month, however, OpenSea stopped enforcing some royalties in an effort to stave off competition from its emergent rival, NFT trading platform Blur. Yuga Labs had previously criticized OpenSea for considering the move.
CryptoPunks and other established NFT projects are seeing renewed interest as the price of leading altcoins rise, with recent activity concentrated on Ethereum and Solana. The NFT market has cooled drastically in recent years, but Sunday marked its busiest day since February, with $26 million worth of tokenized JPEGs changing hands across Ethereum’s ecosystem, according to a Dune dashboard created by Hildebert Moulié, a data scientist at venture firm Dragonfly. On Monday, that was followed up wi...
It's tough to keep tabs on the ever-changing crypto gaming space, thanks to the constant flow of news: everything from big game launches and fun degen experiments to token price swings and occasional project collapses. It's a lot to follow. Luckily, we're plugged in at Decrypt's GG. We cover the biggest happenings throughout the week, and then this weekly roundup provides a quick way to catch up, as well as find a bunch of other little bits of news from throughout the week. Top stories GUN expan...
Crypto gaming has seen a troubling trend of projects shutting down or being abandoned after years of hype, token sales, and chaos. Experts say it isn’t much of a surprise considering how challenging game development is, and pointed to gaming tokens as a flawed system that applies too much pressure to projects in their infancy. It's easy to say that we all saw it coming, but in reality, a lot of the recently discontinued titles were once-promising blockchain experiences. Deadrop, for example, wa...
