Yuga Labs offers bitcoin prizes to solve ordinal puzzles

Yuga Labs dropped its first bitcoin ordinal collection, Twelvefold, in February, and the puzzles are based on that collection

article-image

mundissima/Shutterstock modified by Blockworks

share

Yuga Labs, the studio behind the Bored Ape Yacht Club, is trying to generate interest in bitcoin ordinals once again. 

The NFT creator announced Tuesday a 13-week cipher puzzle series based on its TwelveFold bitcoin NFT collection. Twelvefold is a 300-piece generative art collection that uses a 12×12 grid and was released back in February.

For the first 12 weeks, a Moon Puzzle will be released once every week. The prize for correctly solving one of them is 0.12 BTC (a little over $3,000). 

Read more: Yuga Labs debuts first NFT collection on bitcoin

On the thirteenth week, the last puzzle will be dropped, and the fastest to solve it will be awarded with a yet unspecified Twelvefold ordinal.

All answer submissions will be inscribed on satoshis, Bitcoin’s smallest unit of account, for a fee of $4 to $8 depending on network traffic, according to Yuga Labs. Additionally, users will need a bitcoin ordinals wallet to participate.

“There can only be 1 winner per puzzle. If two people submit the right answer in the same Bitcoin block, we’ll accept the answer with the lower inscription number. Winners will be notified by email,” Yuga Labs explained in a thread on X, formerly Twitter.

Loading Tweet..

The first puzzle has already been solved, according to the website. It featured six images of what were seemingly Twelvefold ordinals with the clue: “Having two together during hibernation can make all the difference.” 

One user apparently solved it, saying the answer was “Jigsaw.”

This person deduced the supposed answer by first noticing that each of the six images merged two ordinals, with one being much blurrier than the other. So they subtracted the edition numbers of each ordinal to find the difference, a concept which was alluded to in the hint. 

Loading Tweet..

The numbers this user got, when matched up with the letters of the alphabet, spelled “Jigsaw.” 

Blockworks reached out to Yuga Labs to ask if “Jigsaw” was indeed the answer to the first puzzle but didn’t receive an immediate response. 


Don’t miss the next big story – join our free daily newsletter.

Tags

Upcoming Events

Hilton Metropole | 225 Edgware Rd, London

MON - WED, MARCH 18 - 20, 2024

Crypto’s premier institutional conference returns to London in March 2024. The DAS: London Experience:  Attend expert-led panel discussions and fireside chats  Hear the latest developments regarding the crypto and digital asset regulatory environment directly from policymakers and experts   Grow your network […]

Salt Lake City, UT

WED - FRI, OCTOBER 9 - 11, 2024

Pack your bags, anon — we’re heading west! Join us in the beautiful Salt Lake City for the third installment of Permissionless. Come for the alpha, stay for the fresh air. Permissionless III promises unforgettable panels, killer networking opportunities, and mountains […]

recent research

Frax report cover.jpg

Research

Frax saw continued development in its frxETH liquid staking derivative and Fraxlend money market throughout 2023. Frax V3 introduces an RWA strategy to drive utility to the protocol's cornerstone product, the FRAX stablecoin.

article-image

MicroStrategy discloses the purchase of 16,000 bitcoin throughout November

article-image

Digital asset firms face potential new regulatory landscape under Treasury’s proposed authority expansion

article-image

Uniswap Labs will be providing trading APIs to Talos investors through Fireblocks

article-image

DYDX supply will climb by up to 80% after the Friday unlock, but a couple factors make a massive sell-off appear unlikely

article-image

Switzerland-based Pando Asset, which has crypto products trading on the SIX Swiss Exchange, now looks to the US

article-image

Binance does not hold the required licenses to advertise and serve customers in the Philippines, the country’s securities regulator said