Bitcoin pioneer Ross Ulbricht shares details of his next NFT release with Bitcoin-tokenized certificates
Despite not having access to the internet or computers, Ross Ulbricht has created a series of paintings and will be selling 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, from April 6 to 8, the bidding procedure for items will be open on the Scarce.City platform. The collection includes four physical paintings framed with certificates of authority verified by the Bitcoin (BTC) network and a digital animation symbolized by Bitcoin.
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 artworks for Bitcoin2022. The most time-consuming is the animation. No computers in prison. I have to draw each picture 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 of Ross Ulbricht’s works are 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 from the Ross Ulbricht Growth Collection auction will not be the property of Ross Ulbricht or his family, but of 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.
Ross Ulbricht is being sentenced to a double life sentence without parole for his alleged involvement in a first-generation darknet market called Silk Road.
