Yuga Labs to launch its first Bitcoin-based NFTs TwelveFold

Yuga Labs, the U.S.-based company behind Bored Ape Yacht Club (BAYC), announced on Tuesday that it plans to launch TwelveFold later this week, its first non-fungible token (NFT) collection on the Bitcoin network.

TwelveFold, a limited collection of 300 generative art pieces, will be inscribed on satoshis, the smallest denomination of the Bitcoin cryptocurrency.