Want to earn bitcoin by solving puzzles?

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If your answer is yes then let me lead you to the answer in just a while.

Bitcoin that could be seen by many as a crypto experiment way back in 2008 has come a long way.

Along the years it has led to the emergence of an entire crypto industry.

If we look at the timing of the birth of the Bitcoin then some suggest that it a project created in the aftermath of the 2008 bank crash and dubbed as the solution to the failed fiat based financial system.

Though in the coming times it evolved more as a means of storage of value rather than a currency replacement.

Let is talk about the Bitcoin earning opportunity by way of solving puzzles.

The puzzle comes from the creator of the Bored Ape Yacht club

As part of the initiative a puzzle has been devised using generative art.

The puzzle is a cipher puzzle which anyone can play.
The puzzle is based on bitcoin based art or NFT's.

The correct answer to the puzzle would make the winner get a prize in BTC

More about the puzzle

It is a a twelve part puzzle and is inspired from the theme of time, mathematics and variability.

The entire puzzle has been designed using 300 pieces of generative art. It has been designed on the ordinals platform.
As part of the interactive process it would let the users inscribe NFT style artwork as well as assets on the BTC blockchain.
This would be the method to try to solve the puzzle.

This puzzle comes as the new venture after Yuga labs successfully raised $16.5 million from a sale which involved 288 bidders.
So this puzzle is based on the NFT collection that was auctioned and did stir up quite a debate and hype.
The collection is representative and symbolic of how data is stored on the blockchain and hope it is a clue to solve the puzzle.

For those who are wondering about the TwelveFold art pieces that are 12X12 grids that combines both hand drawn characteristics as well as 3d graphics.
It is interesting to observe how these art pieces have been inscribed on a individual satoshi that happens to be the smallest denomination of a BTC

The puzzle would be released in parts. Each week would see a new puzzle coming out and available for users to solve.
The first part or "Moon Puzzle" has been released and each weekly puzzle offers a prize of 0.12 BTC This prize at the time of writing the post is approximately $3085

For the 13th week puzzle there would not be a moon puzzle but instead in its place would be a Sun puzzle.
The prize of solving this puzzle would be bigger and better. The person who solves it and wins the prize would get one of the twelve fold ordinals.
How cool is that?

The starting price of this ordinal is 0.9 BTC which comes to approximately $23160
How is that for solving a puzzle?

I am sure that it is not going to be a piece of cake as many would like to try their luck and skills to solve the weekly puzzle.

The prizes are for the for the fastest solver of the puzzle

Whoever solves the weekly puzzle first would win the prize.

No need to have a TwelveFold NFT to solve the puzzle

The puzzle solving opportunity is available to all and there is no need to have a TwelveFold NFT to be eligible to solve the puzzle.
This makes it a puzzle available to anyone who can solve it.

Though Yuga Labs have announced that something may be coming along for the TwelveFold NFT holders as well.

How to participate in the Puzzle solving exercise?

For this a user needs to have an ordinals Bitcoin wallet which is available free of cost and can be obtained from Xverse or Unisa
The link for the wallet is here

Next you may head to the puzzle website for which the link is available here

That is the place to get the puzzle and once you feel you have solved it submit the answers.
Each answer gets inscribed on the chain. Since the puzzle is based on a first come first serve basis so the inscription which corresponds to the correct answer and has the lower inscription number would be deemed to be the winner.

Looks like the puzzle solving to earn BTC is already catching the fancy of may players and as I check the puzzle for this week it has already been solved and it is no longer possible to submit the answer.
Do not lose hope next week will bring another puzzle and a new opportunity.

If you win the prize then Yuga labs would ask you to submit the required tax forms in order to claim the prizes.

Final thoughts

This is a new and emerging use case for both BTC and the BTC based ordinal NFT's
Hope this leads to wider adoption of crypto.
Another good way of adopting crypto is to incorporate it in your Web 3.0 journey.
This can be done by coming on to leofinance.io and create a free account and start posting on your content.
The upvotes you receive would automatically be converted into crypto and come to your wallet after a seven day window from the time of posting your content in the hive blockchain.

Posted Using LeoFinance Alpha