- Auction will start March 5 at 3:00 pm PT
- It will last exactly one day.
- 288 NFTs will be available for purchase
- The rest will be kept for sponsors.
Yuga Labs announced about the auction of the first bitcoin NFT collection TwelveFold, which was created using 3D modeling technology. The event will take place on March 5 at 3:00 PM PT.
Of all 300 NFTs, only 288 will be available for sale. According to Yuga Labs, 12 NFTs will be left for sponsors and donations. There is no fixed purchase price.
The auction will run for 24 hours and will be announced on March 6th at 3:00 pm PT. The results will be announced based on the last completed bitcoin block. This means that if the last block takes place at 00:57, then all applications contained in the next block will be ignored, even if they were submitted before the deadline.
The TwelveFold collection includes 300 generative art NFTs laid out on a 12×12 grid, which the developers say will include both 3D and hand-drawn elements.
The company announced the auction two weeks ago and advised its customers to create Bitcoin wallets.
