Fun

The ‘Growth Collection’ — Ross Ulbricht to Auction Bitcoin-Backed NFTs on Satoshi’s Birthday

News Feed - 2022-03-30 01:03:55

The "Growth Collection" — Ross Ulbricht to Auction Bitcoin-Backed NFTs on Satoshi"s Birthday


Following Ross Ulbricht’s non-fungible token (NFT) sale that raised 1,446 ether or $6.27 million at auction, Ulbricht is dropping another NFT compilation called the “Growth Collection.” According to the announcement, the NFTs will be minted using the Bitcoin blockchain and will be auctioned at the Bitcoin22 conference in Miami on April 6-8. Ross Ulbricht Is Preparing Another NFT Auction That Includes Four Physical Oil Paintings and One Hand-Drawn Animation


Ross Ulbricht is preparing to auction a new NFT collection on Satoshi Nakamoto’s birthday, according to an announcement sent to Bitcoin.com News. The latest NFT collection follows Ulbricht’s last NFT auction which was sold for 1,446 ether, or $6.27 million at the time of settlement. That specific collection was acquired by the Pleasrdao project and the collection was later fractionalized. The fractionalized NFT collection is the 9th-largest fractionalized NFT project with a market capitalization of around $2.68 million.


On October 1, 2022, Ulbricht will begin his 10th year in prison as he was handed a double life sentence without parole for his involvement with the Silk Road marketplace. The investigation into Ulbricht’s case was a travesty filled with controversy and rogue officers, and the following trial was considered by many to be a miscarriage of justice. Ulbricht and his family have been fighting for his freedom ever since, and currently Ulbricht has a clemency petition hosted on change.org that’s nearing 500K signatures as the petition currently has 474,438 signatures at the time of writing.


The latest Ulbricht NFT collection will be auctioned at the Bitcoin22 conference in Miami on April 6-8. The auction will take place on Satoshi Nakamoto’s birthday and instead of leveraging Ethereum, the Growth Collection will be minted on the Bitcoin blockchain via Counterparty. The collection will be auctioned on Scarce.City, a bitcoin (BTC) and Lightning Network-native auction platform. The Growth Collection will include “four physical oil paintings and one hand-drawn animation and five corresponding Bitcoin NFTs with Bitcoin-tokenized certificate of authenticity (COA).”


In a statement sent to Bitcoin.com News, Ross Ulbricht wrote that working on the NFT projects has invigorated him. “We can look more broadly at making the whole system just, rather than focusing just on me,” Ulbricht said. “That is as it should be. There is a lot of work to do…All of this has brought a new spark to my life. I have direction and purpose and I feel like I can make a difference again. The more money we raise the more good we can do. I have put my heart, soul, and mind into this collection, and I am really looking forward to unveiling it to you.” Tags in this story Bitcoin NFTs, Clemency, Counterparty, Entoptic, Free Ross, Free Ross DAO, FreeRoss.org, NFT Auction, NFT collection, NFTs, Non-fungible artwork, Non-fungible Token, petition, Pleasrdao, Ross, Ross Ulbricht, Ross Ulbricht NFT Collection, Scarce.City, Silk Road, Silk Road Marketplace, Ulbricht, Ulbricht Family


What do you think about the upcoming Ross Ulbricht NFT collection sale at the Bitcoin22 conference in Miami? Let us know what you think about this subject in the comments section below. Jamie Redman


Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com News about the disruptive protocols emerging today. Axie Infinity Loses $620 Million After Hacker Compromised Ronin Validators NEWS | 6 hours ago DCG Mining Subsidiary Foundry Joins Texas Blockchain Council to Help Shape Crypto Public Policy NEWS | 9 hours ago


Image Credits: Shutterstock, Pixabay, Wiki Commons Previous articleDCG Mining Subsidiary Foundry Joins Texas Blockchain Council to Help Shape Crypto Public Policy Next articleBiggest Movers: WAVES up 50% on Tuesday, as RUNE and LUNA Move Higher 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 ItReport: Digital AUM Surged to $48.7 Billion in March, Average Weekly Flows Turn Negative


The total aggregate digital assets under management (AUM) surged to $48.7 billion in March, up from the $43.9 billion that was recorded in January, the latest data from Crypto Compare has shown. In contrast, the average daily trading volumes fell ... read more.Rio de Janeiro to Accept Cryptocurrency Payments for Taxes Next Year US Senators Working on Broad-Based Crypto Regulation Elon Musk Giving "Serious Thought" to Creating Social Media Platform With Free Speech as Top Priority Queen of Pop Becomes a Metaverse Material Girl — Madonna Buys Bored Ape for $564K

News Feed

‘AWS for Web3’ Pocket Network Shakes Up Infrastructure of the Internet
‘AWS for Web3’ Pocket Network Shakes Up Infrastructure of the Internet press release PRESS RELEASE. Tampa Bay, Florida, U.S.A – 16th January 2022– Pocket Network &
Indian Official Provides Updates on Crypto Bill and Transition Period for Crypto Holders: Report
Indian Official Provides Updates on Crypto Bill and Transition Period for Crypto Holders: Report As the Indian government gets closer to moving forward with the
Biggest Movers: MATIC Climbs 25%, Re-Enters Crypto Top 20 
Biggest Movers: MATIC Climbs 25%, Re-Enters Crypto Top 20  MATIC moved back into the cryptocurrency top 20 on Thursday, as prices rose by over 25% in today’s session. The
Former FTX exec Ryan Salame to give up $5.9M Bahamas property
Martin Young5 hours agoFormer FTX exec Ryan Salame to give up $5.9M Bahamas propertySalame proposes to satisfy the debtors by transferring a residence he owns to FTX Digital Markets Ltd.2143 Total views3 Total sharesList
Indonesian NFT ‘selfie guy’ makes $1.8M, CryptoPunks sells for $16M: Nifty Newsletter
Ezra Reguerra5 hours agoIndonesian NFT ‘selfie guy’ makes $1.8M, CryptoPunks sells for $16M: Nifty NewsletterThe CryptoPunks collection recorded another $16-million transaction this month as CryptoPunk #7804 sold for
Arijit Sarkar14 hours agoRobert Kiyosaki recommends Bitcoin, gold, silver investments ‘before it’s too late’The average person who tries to save money is a “loser,” said Kiyosaki while recommending investments
Bitmain Unveils Cheaper T19 Bitcoin Miner to Regain Lost Market Share
Bitmain Unveils Cheaper T19 Bitcoin Miner to Regain Lost Market ShareBitmain on Monday released the Antminer T19, a cheaper bitcoin mining machine, in an effort to regain lost marke
Social Commerce on Cardano: Meloot to Hold a Seed Sale on KICK․IO
Social Commerce on Cardano: Meloot to Hold a Seed Sale on KICK․IO press release PRESS RELEASE. The world of e-commerce is rapidly transitioning to that of social commerce, where d
Economist Mohamed El-Erian Predicts ‘Sticky’ Inflation Despite Federal Reserve’s Efforts to Bring it Down
Economist Mohamed El-Erian Predicts ‘Sticky’ Inflation Despite Federal Reserve"s Efforts to Bring it Down As investors examine the next move of the Federal Reserve, analysts, e
Litecoin Fate Tied To Bitcoin – Will $96 Resistance Crack?
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
UN Report: North Korea Stockpiles $316 Million in Cryptocurrencies From Cyberattacks
UN Report: North Korea Stockpiles $316 Million in Cryptocurrencies From Cyberattacks A panel of experts at the United Nations says that North Korea has amassed $
‘No Plan to Issue CBDC’ — Bank of Japan Governor
"No Plan to Issue CBDC" — Bank of Japan Governor Haruhiko Kuroda, the governor of the Bank of Japan (BOJ), has said the bank is currently not planning to launch a digital currenc