The coloured balls form part of TwelveFold, a collection of 300 images of 3D objects rendered in a square grid, from NFT developers Yuga Labs, best known for its Bored Ape Yacht Club. It calls the set "a visual allegory" for data on blockchain.
They became a lucrative allegory this month when the company auctioned 288 of them off for $16.5 million, according to data from research firm Delphi Digital.
Other top-selling Ordinals - named after the software protocol that facilitates inscription - include JPEGs of rocks and shadowy crowned figures which have sold for $213,845 and $273,010 respectively, according to Galaxy Digital Research.
Although the market for bitcoin NFTs has only been going since January, Galaxy estimates it could be worth $4.5 billion by 2025, basing its bullish forecast on factors such as the growth of the more established Ethereum NFT market and the fact that bitcoin is by far the most popular cryptocurrency.
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