Yuga Labs, which dominates the Ethereum-based NFT market with the Bored Ape Yacht Club and CryptoPunks projects, also entered the Bitcoin (BTC) NFT (Ordinal’s) market with a record profit of $16.5 million.
Yuga Labs was released on March 7 via their official social media account. in his postthe first Bitcoin-based NFT collection of TwelveFold of the auction is ending reported. The company in total 300 of the collection of 24 hours in run out while the data indicates that the Yuga totaled approximately 740 BTC He said he was selling.
Highest 288 Among the parts sold to the bidder at the highest price buyer piece, approximately 160 thousand worth a dollar 7.1 BTC when sold for cheapest collection to the part 50.4 thousand worth a dollar 2.25 BTC paid. Highest Your 10 offers average 96.4 thousand equivalent to dollars 4.3 BTC it happened. participating in the auction 3.246 of the buyer 2,958 of them if any piece could not buy.
The company has not put up for sale 12 pieces, to the collection contribute found actors And possible future philanthropists for that you are separating symptom. In the descriptions, the collection is also in the future. will not benefit and other Ethereum (ETH) based NFT with their projects will not interact was also mentioned.
Yuga Labs Chief Content Officer Michael Figge in his statementfor your collection time math And blockchain between inspiration from relationships He said he got it.
On the other hand, the Yuga via social mediashortly after the auction 288 in the offer absent restore balances of offers that you returned although the auction method, some users by was criticized. a on social media user, Yuga Labs’ first 288 donations to offers other than the offer sure to be refunded However, the widespread use of this method is fraudulent. can increase expressed.
Crypto-focused investment firm in the recent past Galaxy Digitalfor Bitcoin NFT market fly different market value in scenario foresaw and potential productive Bitcoin NFT market value if used in some way 2025 until the year 10 billion He claimed to reach $.