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. 


Get the news in your inbox. Explore Blockworks newsletters:

Tags

Decoding crypto and the markets. Daily, with Byron Gilliam.

Upcoming Events

Marina Bay Sands Singapore

October 7, 2026

DAS Asia is a a single-day summit at Marina Bay Sands Singapore featuring conversations between the builders, investors, and global leaders are shaping the trajectory of the digital asset ecosystem in Asia & North America.

Hilton Park Lane, London

November 10-11, 2026

DAS London is a two-day summit at the Hilton Park Lane in London featuring conversations between the builders, allocators, and policy makers who are shaping the trajectory of the digital asset ecosystem in the UK, Europe, and North America.

recent research

Onchain Gacha Cover Image.png

Research

Onchain gacha platforms sold $284.3 million of digital card packs in July 2026, and Collector Crypt accounted for more than half of that activity. However, it buys back 92.9% of what it sells, which leaves it with a third of the category's revenue on more than half of its volume, and a quarter of its activity arrives through partner apps whose users it does not own. Courtyard runs the opposite model, a consumer app selling smaller packs to thousands of retail buyers who resell the cards to each other, and it took 59.7% of category revenue while growing through a month the category spent contracting. This report compares the five largest platforms on gross activity, buyback intensity, revenue after buybacks, consumer composition, marketplace liquidity, and distribution ownership, and finds Courtyard the strongest performer as of July 2026, with the qualification that none of the five discloses inventory costs or resale proceeds, so no platform in the category can yet be shown to be profitable.

Newsletter

The Breakdown

Decoding crypto and the markets. Daily, with Byron Gilliam.

Blockworks Research

Unlock crypto's most powerful research platform.

Our research packs a punch and gives you actionable takeaways for each topic.

SubscribeGet in touch

Blockworks Inc.

133 W 19th St., New York, NY 10011

Blockworks Network

PodcastsNewslettersEventsRoundtablesAnalytics