Silk Road Founder Ross Ulbricht to Drop Bitcoin NFT Collection
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Silk Road Founder Ross Ulbricht to Drop Bitcoin NFT Collection

THELOGICALINDIAN - The NFT accumulating will be auctioned off at the Bitcoin 2022 appointment basic Apr 6

Ross Ulbricht is absolution a Bitcoin NFT art accumulating to accession funds for accouchement to appointment their confined parents. 

Ross Ulbricht to Release Bitcoin NFTs

Ross Ulbricht will bare a new tokenized art accumulating at the accessible Bitcoin 2022 conference.

The Silk Road founder’s latest art exhibit, dubbed the “Ross Ulbricht Growth Collection,” will accommodate four concrete oil paintings, one action of 318 hand-drawn frames, and bristles agnate NFTs stored and anchored on the Bitcoin blockchain. “I accept put my heart, body and apperception into this collection, and I am absolutely attractive advanced to actualization it to you,” said Ulbricht in a Twitter advertisement of the drop. 

The Bitcoin NFTs will be minted on Apr. 5 to admire Bitcoin architect Satoshi Nakamoto’s birthday, and the accumulating itself will auctioned off at the Bitcoin 2022 appointment in Miami on Apr. 6.

In a blog post, Ulbricht said the money aloft will be acclimated to advice accouchement appointment their parents in prison. “We are affective advanced with the abstraction of allowance kids biking to appointment their moms and dads in prison,” he wrote in a March 10 blog post on Medium, abacus that his aggregation is already extensive out to charities alive on agnate projects. “The added money we raise, the added acceptable we can do, so I accept been active creating my abutting art collection.”

Ulbricht is currently confined his ninth year of a bifold activity additional 40-year book after the achievability of acquittal for creating and active the now-defunct online marketplace, Silk Road. The darknet website, which was bargain acclimated to barter actionable drugs and added banned in barter for Bitcoin, saw millions of dollars in circadian aggregate afore it was bedeviled by the FBI in October 2024. Silk Road helped abode Bitcoin beneath the boilerplate spotlight for the aboriginal time in its history, and Ulbricht has back become article of a band amount aural the Bitcoin community.  

Ulbricht’s Bitcoin NFT bead follows his aboriginal NFT bead on Ethereum, which aloft about $6.2 million in an bargain at the Art Basel Miami art fair in December.  The acceptable bid for the accumulating came from FreeRossDAO, a decentralized chargeless alignment launched to basin funds and advice chargeless Ulbricht from prison.

Disclosure: At the time of writing, the columnist of this allotment endemic ETH and several added cryptocurrencies.