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. 


Start your day with top crypto insights from David Canellis and Katherine Ross. Subscribe to the Empire newsletter.

Explore the growing intersection between crypto, macroeconomics, policy and finance with Ben Strack, Casey Wagner and Felix Jauvin. Subscribe to the On the Margin newsletter.

The Lightspeed newsletter is all things Solana, in your inbox, every day. Subscribe to daily Solana news from Jack Kubinec and Jeff Albus.

Tags

Upcoming Events

Salt Lake City, UT

MON - TUES, OCT. 7 - 8, 2024

Blockworks and Bankless in collaboration with buidlbox are excited to announce the second installment of the Permissionless Hackathon – taking place October 7-8 in Salt Lake City, Utah. We’ve partnered with buidlbox to bring together the brightest minds in crypto for […]

Salt Lake City, UT

WED - FRI, OCTOBER 9 - 11, 2024

Permissionless is a conference for founders, application developers, and users. Come meet the next generation of people building and using crypto.

recent research

Research Report Templates (1).png

Research

Solana Mobile is a highly ambitious foray into the mobile consumer hardware market, seeking to open up a crypto-native distribution channel for mobile-first applications. The market for Solana Mobile devices has demonstrated a phenomenon whereby external market actors (e.g. Solana-native projects) continuously underwrite subsidies to Mobile consumers. The value of these subsidies, coming in the form of airdrops, trial programs, and exclusive NFT mints, have consistently covered the cost of the phone and generated positive returns for consumers. Given this trend in subsidies, the unit economics in the market for Mobile devices, and the initial growth rate and trajectory of sales, it should be expected that Solana mobile can clear 1M to 10M units over the coming years. As more devices circulate amongst users, Solana Mobile presents a promising venue for the emergence of killer-applications uniquely enabled by this mobile-first, crypto-native distribution channel.

article-image

Analysts are looking ahead to August, a historically volatile month made more interesting this year by the US presidential election

article-image

Plus, a look into Lighting Labs’ newest feature

article-image

Crypto’s Wild West era is over — it’s time to embrace regulation to secure the future of digital assets

article-image

Plus, Solana has now surpassed Ethereum in trailing 30-day decentralized exchange volume

article-image

Polymarket betters say Kamala Harris has better odds than Biden of winning against Trump