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Ross Ulbricht NFT Collection Raises Over $6 Million in Ethereum, Free Ross DAO Wins Auction

News Feed - 2021-12-10 03:12:37

Ross Ulbricht NFT Collection Raises Over $6 Million in Ethereum, Free Ross DAO Wins Auction


The Ross Ulbricht Genesis non-fungible token (NFT) collection auction has come to an end and the auction winner was the “Free Ross DAO,” backed by the Pleasrdao project. The NFT collection raised 1,446 ether or $6.27 million at the time of settlement. Free Ross Decentralized Autonomous Organization Wins Ross Ulbricht’s NFT Auction, DAO Plans to Fractionalize NFT Collection Four days ago, Bitcoin.com News reported on the Ross Ulbricht Genesis NFT collection amassing millions of dollars worth of ethereum (ETH) bids on the Superrare NFT marketplace. At the time, there were some very high bids from an individual called “@toxicbitcoinmaxi.” However, the report also explained that the Pleasrdao project also got involved in the bidding war for the collection and formed a decentralized autonomous organization (DAO) called the “Free Ross DAO.” The Free Ross DAO raised 1,446 ETH or $6.27 million at the time of exchange. According to the DAO, the NFT collection will be “fractionalized between the 500 Free Ross DAO contributors.” The NFT collection was an assortment of writings and ten artworks produced by Ross Ulbricht and it includes an animation developed by the NFT artist Levitate. Ulbricht also did the voice-over for the animated work. The NFT collection was curated by Entoptic and proceeds will be handed by the Art4giving fund, and efforts to free Ulbricht. A piece of artwork called “Dolphin” from the NFT collection and crafted by Ross Ulbricht at age 4. “From the beginning with this NFT, I’ve wanted to help kids travel to see their moms and dads in prison,” Ulbricht said. “But with such high bids, we can now have a real impact on many other important causes as well.” Information concerning Ross Ulbricht’s case can be found at freeross.org and Ulbricht’s clemency petition hosted on change.org is getting awfully close to reaching 500,000 signatures. The petition is 42,014 signatures away from reaching the half-million signature milestone. Tags in this story @toxicbitcoinmaxi, Art Basel Miami, Brekkie, Clemency, Entoptic, Free Ross, Free Ross DAO, FreeRoss.org, KSPEC, NFT Auction, NFT collection, NFTs, Non-fungible artwork, Non-fungible Token, petition, Pleasrdao, Ross, Ross Ulbricht, Silk Road, Silk Road Marketplace, Superrare, Ulbricht, Ulbricht Family


What do you think about Ross Ulbricht’s NFT collection fetching more than $6 million in ethereum at the end of the auction? Let us know what you think about this subject in the comments section below. Microstrategy Buys More Bitcoin, Now Holds 122,478 BTC — CEO Says Bitcoin Is Taking Gold"s Place NEWS | 4 hours ago Reddit Introduces ETH-Based Community Points Beta Program With Custom Tokens for Subreddits NEWS | 12 hours ago


Image Credits: Shutterstock, Pixabay, Wiki Commons, Ross Ulbricht NFT Collection, Previous articleGensoKishi Online “Meta World” Is Set to Transform Blockchain Gaming With Innovative Metaverse Next articleRepublic Realm Invests in Dvision Metaverse Through the Acquisition of Their Virtual LAND Plots 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 ItNigerian Crypto Exchange Raises Over $4 Million in Latest Funding Round


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