‘Scammers dream’ — Yuga’s auction model for Bitcoin NFTs sees criticism By Cointelegraph
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Nonfungible token (NFT) conglomerate Yuga Labs is facing some criticism from the cryptocurrency community, including the creator of Ordinals, over how it plans to auction its new Bitcoin NFT collection.
On Mar. 5, Yuga opened bids for its “TwelveFold” collection which will see 300 NFT-like images inscribed on Satoshis using the Bitcoin-native Ordinals protocol, with 288 from the collection sent to the highest 288 bidders.
Continue Reading on Coin Telegraph
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© Reuters.
Nonfungible token (NFT) conglomerate Yuga Labs is facing some criticism from the cryptocurrency community, including the creator of Ordinals, over how it plans to auction its new Bitcoin NFT collection.
On Mar. 5, Yuga opened bids for its “TwelveFold” collection which will see 300 NFT-like images inscribed on Satoshis using the Bitcoin-native Ordinals protocol, with 288 from the collection sent to the highest 288 bidders.
Continue Reading on Coin Telegraph
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