Yuga Labs reminded the winner of the TwelveFold auction to clear the acceptance address in advance

On March 7, Yuga Labs said on Twitter: “All the valid bids that did not rank in the top 288 of the NFT series TwelveFold have been returned to their receiving address. Bidders who win the inscription and increase their bids after the auction of the last block should clear the receiving address before the inscription is sent. Before sending the inscription, we will send a notice from this account.”

Interpretation of this information:

Yuga Labs, a digital art marketplace, has announced that all valid bids that did not make it to the top 288 of the NFT series TwelveFold have been returned to their respective receiving addresses. This move indicates a transparent and fair process by Yuga Labs to ensure that all bidders are treated equally and that any unsuccessful bids are not kept hanging in the system unnecessarily.

The message also explains that bidders who have successfully won an inscription and increased their bids after the last block auction should ensure that their receiving address has been cleared before the inscription is sent. This is important to prevent any delay in the delivery of the inscription, as any unverified addresses could cause issues.

Before sending the inscription, Yuga Labs will send a notification from the account to inform bidders that their address has been cleared and that the inscription will be sent out soon. This additional step shows Yuga Labs’ commitment to ensure a smooth and hassle-free transactional process for its customers.

Overall, Yuga Labs’ message highlights its dedication to transparency and fairness, as demonstrated by their commitment to returning unsuccessful bids and ensuring that successful bidders are aware of the next steps in the process. This attention to detail is necessary in any online marketplace and speaks to the professionalism of Yuga Labs.