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Silk Road Founder Ross Ulbricht to Release Another NFT Collection: Check It Out

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Fri, 04/01/2022 - 14:51
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Vladislav Sopov
Bitcoin pioneer Ross Ulbricht shares details of his next NFT release with Bitcoin-tokenized certificates
Silk Road Founder Ross Ulbricht to Release Another NFT Collection: Check It Out
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Despite having no access to the internet or computers, Ross Ulbricht created a series of paintings and is going to sell them as non-fungible tokens with Bitcoin-based certificates.

Ross Ulbricht releases second NFT drop

Mr. Ulbricht has taken to Twitter to share the details of "Growth," his second NFT collection. It will be unveiled on April 5, 2022, at the Bitcoin 2022 conference in Miami.

Then, on April 6-8, the bidding procedure for items will be opened on the Scarce.City platform. The collection includes four physical framed paintings with certificates of authority verified by the Bitcoin (BTC) network and one Bitcoin-tokenized digital animation.

Besides fundraising, this collection is set to represent Ross Ulbricht's homage to a global community of Bitcoin (BTC) enthusiasts and its effort to promote petitions for clemency in his case:

I'm working my fingers to the bone on these art pieces for Bitcoin2022. The most time-consuming is the animation. No computers in prison. I have to draw every frame by hand.

Scarce.City marketplace is going to leverage its own Bitcoin- and Lightning-based platform to organize this auction.

NFT auction supports criminal justice reform

All artwork by Ross Ulbricht is dedicated to blockchain and humanity.

The team behind the auction highlights that no funds raised will be transferred to Ross Ulbricht or his family. Instead, it will be sent to FreeRossDAO, a unique decentralized project:

All proceeds raised from the Ross Ulbricht Growth Collection auction will not be owned by Ross Ulbricht or his family, but by a trust fund dedicated to freeing Ross Ulbricht and supporting criminal justice reform.

As U.Today previously reported, the first auction of Ross Ulbricht's NFT initiative was held in early December 2021; the highest bids exceeded $1 million.

Related
Silk Road Founder's NFTs to be Sold with Novel FreeRossDAO

Ross Ulbricht is sentenced to a double lifetime penalty without parole for alleged involvement in a first-gen darknet marketplace called Silk Road.

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About the author

Blockchain Analyst & Writer with scientific background. 6+ years in IT-analytics, 3+ years in blockchain.

Worked in independent analysis as well as in start-ups (Swap.online, Monoreto, Attic Lab etc.)