Yuga Labs: Bitcoin NFT series TwelveFold auction will start at 3pm PT time on March 5

On March 5, Yuga Labs posted a message on social media saying that the TwelveFold auction would start at 3:00 p.m. Pacific time on March 5 (7:00 a.m. Beijing time on March 6) and end before 3:00 p.m. Pacific time on March 6, 2023 (7:00 a.m. Beijing time on March 7) 24 hours later.

Interpretation of this information:

The message posted by Yuga Labs on social media on March 5 indicates the beginning and end time of the TwelveFold auction. The auction will commence at 3:00 p.m. Pacific time on March 5 and will conclude by 3:00 p.m. Pacific time on March 6, 2023, lasting for 24 hours. This translates to a start time of 7:00 a.m. Beijing time on March 6 and an end time of 7:00 a.m. Beijing time on March 7.

The message provides essential information, indicating a specific time frame for interested parties to participate in the auction. By setting a start and end time, the auction is expected to be structured and organized, making it easier for the bidders to keep track of the proceedings. Additionally, the message considers the global audience by providing the start and end times for both Pacific time and Beijing time. This ensures that potential buyers in different time zones can align their bids with the auction’s deadline.

The statement’s use of the term “Yuga Labs” suggests that the company is overseeing the auction’s organization, adding credibility to the event. A bidder can make an informed decision knowing the auction is backed by a reliable company. The choice of the word “auction” suggests that the event will be open to competitive bidding, with the highest bidder securing the TwelveFold product.

The message’s content also contains an element of urgency, emphasizing the limited time frame, and creating a sense of exclusivity. The narrow time window creates a sense of urgency and encourages potential buyers to act fast. By emphasizing the auction’s end time, it enhances the idea that the auction is a rare opportunity that could expire if not acted on immediately.

In conclusion, Yuga Lab’s message on social media provides essential information regarding the date, start time, and end time of the TwelveFold auction. It communicates the event’s time frame and structure while creating a sense of urgency and exclusivity. The message’s use of the word “Yuga Labs” adds credibility to the auction, which is expected to offer a rare opportunity to potential bidders.