Fun

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

News Feed - 2021-11-20 05:11:32

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. Tags in this story appeals, Art Basel Miami, Change.org petition, Clemency, clemency petition, commute sentence, court of appeals, Double Life Sentence, Draconian Sentence, Entoptic, Free Ross, FreeRoss.org, KSPEC, NFT Auction, NFT collection, NFTs, Non-fungible artwork, Non-fungible Token, petition, Ross, Ross Ulbricht, Silk Road, Silk Road Marketplace, Superrare, Supreme Court, Ulbricht, Ulbricht Family


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. Sports Illustrated Awards Sweepstakes Sponsored by FTX to Give Away 1 Bitcoin NEWS | 32 mins ago Onecoin Victims Petition Bulgaria for Seizure of Assets and Compensation NEWS | 5 hours ago


Image Credits: Shutterstock, Pixabay, Wiki Commons Previous articleOnecoin Victims Petition Bulgaria for Seizure of Assets and Compensation Next articleLTNM Now Available on FMFW.io Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Read disclaimerShow comments More Popular NewsIn Case You Missed ItDCG Mining Subsidiary Foundry Launches Range of Services for 20 Crypto Staking Networks


Foundry, the Digital Currency Group (DCG) subsidiary and cryptocurrency mining and consulting firm from Rochester, New York announced the launch of a new platform on Wednesday called Foundry Staking. The company says the product currently supports 20 blockchain networks and ... read more.Twitter Sets up Dedicated Team to Focus on Cryptocurrency and Decentralized Apps Terra to Burn $4.5 Billion Worth of LUNA From Community Pool 13,000 BTC Moved in 20 Months — 2010 Mystery Miner Transfers Another String of 20 Decade-Old Block Rewards Ripple Launching Liquidity Hub Despite SEC Lawsuit Over XRP

News Feed

Bitcoin surges after crypto ETPs notch record $2.7B weekly inflows
Tom Mitchelhill3 hours agoBitcoin surges after crypto ETPs notch record $2.7B weekly inflowsThe price of Bitcoin has pushed to reach new all-time highs above $72,000, spurred by record-breaking weekly inflows into crypto
ORA raises $20M in funding for tokenizing AI models
Ana Paula Pereira6 hours agoORA raises $20M in funding for tokenizing AI modelsORA plans to use the funds to expand its ecosystem, focusing on research and development of oracles and blockchain infrastructure.536 Total v
Dutch Law Enforcement Arrests Suspected Tornado Cash Developer in Amsterdam
Dutch Law Enforcement Arrests Suspected Tornado Cash Developer in Amsterdam According to a statement from the Dutch Fiscal Information and Investigation Service (FIOD), law enforce
Cardano Price Surges After Metaverse Project Launch, ADA Gains More Than 30% in 7 Days
Cardano Price Surges After Metaverse Project Launch, ADA Gains More Than 30% in 7 Days The smart contract token cardano has surged in value during the last 24 hours after a metaver
Passive Income Cyborgs: Battle Borgz Publicly Launches on KICK․IO
Passive Income Cyborgs: Battle Borgz Publicly Launches on KICK․IO press release PRESS RELEASE. NFTs are not a temporary trend. NFTs are here to stay.
Argentine Startup Action Point Develops White Label Solution to Include Crypto in Traditional ATMs
Argentine Startup Action Point Develops White Label Solution to Include Crypto in Traditional ATMs Action Point, an Argentine startup, has developed a white-label solution that all
NASA created VR metaverse to prep astronauts for life on lunar space station
Tristan Greene6 hours agoNASA created VR metaverse to prep astronauts for life on lunar space station“When they slip on their headsets, they’re not just seeing the station—they’re in it,” according to a NASA bl
Helen Partz9 hours agoEOS Foundation to sue Block​.one for alleged failure to honor $1B commitmentPotential plaintiffs in the new lawsuit by ENF may need to opt out of other suits against Block.one to be eligible to pa
FTX Warns Community of Phony ‘Debt Tokens’ and Scams Claiming to Be Affiliated With the Bankrupt Exchange
FTX Warns Community of Phony "Debt Tokens" and Scams Claiming to Be Affiliated With the Bankrupt Exchange On Friday, debtors who control the official FTX Twitter account warned the
Russia’s Industrial Giant Rostec Announces Blockchain-Based Alternative to SWIFT
Russia’s Industrial Giant Rostec Announces Blockchain-Based Alternative to SWIFT Rostec, the Russian manufacturing and technology conglomerate, has developed a system allowing th
Bulgarian Chief Prosecutor Accused of Willfully Failing to Act Against Onecoin Fraudsters
Bulgarian Chief Prosecutor Accused of Willfully Failing to Act Against Onecoin Fraudsters The legal representative of victims of the Onecoin bitcoin scam operation, Jonathan Levy,
Bitcoin To Hit $180,000 If These Cycle Top Indicators Are Absent, Says VanEck’s Sigel
Este artículo también está disponible en español. Bitcoin could soar to $180,000 in 2025 if key cycle top indicators remain muted, according to Matthew Sigel, Head of Dig