Bitcoin News and Finance Ross Ulbricht’s NFT Collection to Be Auctioned via Superrare at Art Basel Miami Skip to main content

Ross Ulbricht’s NFT Collection to Be Auctioned via Superrare at Art Basel Miami

Ross Ulbricht's NFT Collection to Be Auctioned via Superrare at Art Basel Miami

On December 2nd at Art Basel Miami, the very first Ross Ulbricht non-fungible token (NFT) collection will be showcased at the event and auctioned via Superrare. The proceeds from the auction will support Ross Ulbricht’s freedom efforts and a donor-advised fund called Art4giving, which helps support people who have incarcerated family members.

10 NFTs Featuring Ross Ulbricht’s Personal Work

Non-fungible token (NFT) assets have become a big deal this year and turned into a billion-dollar industry in what seems like overnight. This week Ross Ulbricht, the founder of the now-defunct Silk Road marketplace, introduced his first NFT collection after spending nine years behind bars for a non-violent offense. Ulbricht was a first-time offender and a great majority of individuals believe his case was a “miscarriage of justice.” His double life sentence without parole, plus 40 years, for creating a website has been deemed draconian as well.

Ulbricht is still fighting for his freedom and a petition hosted on change.org has garnered a lot of attention and signatures since it was started. The petition asks the U.S. president and government to grant ​​Ulbricht clemency and the number of signatures supporting Ulbricht’s freedom is nearing 500,000 at the time of writing. The announcement concerning the new NFT collection sent to Bitcoin.com News details that “portrayals of Ross Ulbricht’s case and story have been misleading. The NFT sale is meant to bring renewed attention and gather support from the NFT community.”

The announcement explains that the Ross Ulbricht NFT collection will be featured and sold at the Art Basel Miami event on December 2. The sale will take place on the NFT platform Superrare and the collection crafted by Entoptic is Ulbricht’s first NFT collection that showcases his personal work. “This NFT collection is Ross’s creative journey of expression; it is his living and evolving story. Through drawings and video, we see glimpses of a man’s unfolding existence. This is his way to reach outside the walls of prison, as we continue the campaign for his freedom,” Entoptic said in a statement.

Ulbricht NFT Collection to Leverage KSPEC Protocol, Proceeds to Go to Art4giving and Furthering Free Ross Efforts

The NFT collection curated by Entoptic leverages the open-source protocol KSPEC. The protocol KSPEC was developed by a pseudonymous collective of “institutional art, design, and cryptonative technology professionals” called Kanon. The organization believes that the protocol KSPEC “unlocks God Mode for NFTs.” According to the announcement, using KSPEC allows developers to “deliver the Ross Ulbricht Collection NFT in full quality, attach additional content onchain.” Ulbricht also spoke about how the NFT auction proceeds will help people with incarcerated family members.

“With proceeds from this NFT, we are starting a donor-advised fund called Art4giving, dedicated to relieving the suffering of the incarcerated and their families. One project I envision is to help kids travel to visit their moms and dads in prison,” Ulbricht detailed in a statement sent to Bitcoin.com News. Ulbricht further added:

“Decades of incarceration stretch out in front of me. As I face that future, my eventual old age and death in this cage, I find myself looking for meaning and purpose. Why am I here? What good can I do with the time I have left and from where I am? I hope that helping my fellow prisoners through my art is one way.”

Funding supports prisoners and their families in a myriad of ways and the auction’s funds will also be dedicated toward the efforts to free Ross. “These include new legal proceedings, raising awareness, and more — There is still a long road ahead,” the announcement concludes.

What do you think about the Ross Ulbricht NFT collection announcement? Let us know what you think about this subject in the comments section below.

Comments

Popular posts from this blog

Custodial Lightning Network Service Attack Discovered by LN ‘Newbie’ — Hacker Strikes 6 LN Custodians

On September 18, a Redditor posted to the r/bitcoin forum and explained how he discovered a way to “attack [the] lightning Network’s custodial services.” The Reddit account dubbed “Reckless Satoshi” wanted to figure out if a “discrepancy between real routing fees and service’s transaction fee can be exploited for a profit.” The researcher disclosed that he wanted to see how large the damage could be and said “it is bad.” 6 Lightning Network Custodial Services Attacked, Researcher Discloses Findings to Offenders Prior to Public Disclosure A Redditor called Reckless Satoshi published a disclosure post on r/bitcoin this past Saturday and disclosed how he had found a vulnerability with routing fees and some of the Lightning Network’s custodial services. The research attack was done in good faith and after it was complete he disclosed the bugs to the offending services before publishing his findings. Reckless Satoshi used the Lightning Network (LN) attack on six different services incl

Axie Infinity Down 40% Since Last Week’s Price High, Protocol Revenue Outshines Competitors

Last week, the game token leveraged within the Axie Infinity gaming universe skyrocketed to all-time highs, while other crypto markets remained extremely lackluster. During the last seven days, Axie Infinity’s platform token has dropped significantly in value shedding more than 12%. Meanwhile, the game platform’s smooth love potion token has slid over 8% over the last 24 hours. Axie Infinity Down More Than 40% Since All-Time High Not too long ago, the axie infinity (AXS) token was a topical conversation because it reached an all-time high on July 15. At the time, AXS managed to capture $28.93 per unit and since then it has shed 12.8% during the last seven days. The axie infinity (AXS) token is used within the blockchain-based game that involves battles between token-based creatures called “Axies.” AXS is used for the game’s governance system as well as other actions within the game. At the time of writing axie infinity (AXS) is exchanging hands for $16.70 per coin. AXS/USD on Ju

Play-to-Earn Game From Polker (PKR) Exchange Listing – Endorsed by Akon

The Play-to-Earn NFT based Polker.Game ‘s native token $PKR has been officially listed on the popular centralized exchange BitMart. Polker.game has been in the spotlight recently as Akon, the American R&B superstar and record producer gave his official endorsement of polker stating that the “game is revolutionary” and that Polker is “hands down.. the best play to earn, NFT game in the space.”. With the BitMart listing and celebrity endorsement from Akon, Polker is perfectly positioned to become a major player in the Play-to-Earn league. Watch Akon’s Video Here What is Play-to-Earn? Although not a new concept, play-to-earn has become a trending term due to the popularity of the NFT game AXIE infinity. In the past, previous play-to-earn games have also achieved success – however, thanks to the huge amount of development in the blockchain space in recent years the gaming experience is now massively improved. Play-to-Earn games are essentially free to play and open to anyone and

China to Crack Down on Copyright Infringement Through NFTs

Authorities in China are going after creators of digital collectibles based on other people’s works of art, the use of which was not authorized. The government offensive is part of a campaign to combat online copyright infringement and piracy with the participation of several departments. Regulators in China Move to Strengthen Copyright Supervision of Online Platforms The National Copyright Administration of China (NCAC) has recently launched a campaign against copyright infringement and piracy on the internet, together with the Ministry of Industry and Information Technology, the Ministry of Public Security, and the State Internet Information Office of the People’s Republic. A major objective of the initiative is to improve copyright supervision of online businesses by investigating cases involving the sale and distribution of infringing products on short video, live broadcast and e-commerce platforms, and promptly dealing with infringing content, the agency announced in a press r
Blogarama - Blog Directory