Fold 12 is a one-of-a-kind 300 piece NFT collection and the first auction on the Bitcoin blockchain. The NFTs will be arranged on a 12x12 grid, representing the organization of data on the Bitcoin blockchain. The project will feature both 3D elements and hand-drawn components. On the right-hand bottom of the NFT, users can see the Fold 12 NFT number, with the logo of the project displayed on the bottom left.

Inscriptions refer to non-fungible tokens (NFTs) that exist within the Bitcoin blockchain. When a file, such as an art image, is embedded (inscribed) into Bitcoin's smallest units, known as satoshis, it creates an inscription. One hundred million satoshis equate to one Bitcoin. Inscriptions, also referred to as digital artifacts, are inherently part of the Bitcoin blockchain and can only be made possible through its technology.
Ordinal theory protocol.

Indeed, the art that is inscribed in this manner is immutable and permanently recorded on the blockchain, meaning that it is on-chain and cannot be altered or tampered with..

The generative artworks were created in-house by artist FOLD, utilizing 3D modeling, algorithmic construction techniques, and sophisticated rendering tools.

All pieces will be sold in an auction. All bids will be made in Bitcoin.

First, you will need a self-custodial wallet that contains the Bitcoin you wish to use to place a bid.

Second, you will need the Taproot Bitcoin address to receive the piece if your bid is successful.

It is highly recommended that bidders familiarize themselves with the best practices of holding inscriptions, including having a dedicated empty wallet to receive and store the inscription. This guide.
Also you can check OrdinalsWallet.

If you want to receive Bitcoin transactions that include inscriptions, you will need to use a Taproot address. Legacy addresses do not support this feature, so transactions sent to a legacy address cannot include inscriptions. It's worth noting that while Taproot addresses are currently not yet widely adopted, they are expected to become more popular as more wallets and exchanges add support for them. So by using a Taproot address now, you will be prepared for the future of Bitcoin transactions and be able to take advantage of the latest features and innovations in the Bitcoin network.

Join our Telegram community and ask away!