Yuga Labs will release a series of artistic crypto collectibles on Bitcoin’s Ordinals protocol, according to an announcement from the company on Feb. 27. The collection is titled TwelveFold and will feature 300 pieces of generative art — that is, images that have been created through the use of algorithms. Each image in the TwelveFold collection is designed around a 12-by-12 grid in reference to the commonly used base-12 timekeeping system — and in reference to the fact that Bitcoin Ordinals are identified by the time that they are minted. Yuga Labs did not announce a specific time or date for the auction. Instead, it said that it will announce the auction within 24 hours of the event. (cryptoslate)