Key Takeaways
- Silk Highway founder Ross Ulbricht will launch a group of Bitcoin NFTs on the Bitcoin 2022 convention in Miami.
- The NFTs might be minted on Apr. 5 to commemorate Satoshi Nakamoto’s birthday.
- The gathering will function 4 bodily oil work, one hand-drawn bodily animation, and 5 corresponding Bitcoin NFTs.
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Ross Ulbricht is releasing a Bitcoin NFT artwork assortment to boost funds for youngsters to go to their imprisoned dad and mom.
Ross Ulbricht to Launch Bitcoin NFTs
Ross Ulbricht will unveil a brand new tokenized artwork assortment on the upcoming Bitcoin 2022 convention.
The Silk Highway founder’s newest artwork exhibit, dubbed the “Ross Ulbricht Development Assortment,” will embody 4 bodily oil work, one animation of 318 hand-drawn frames, and 5 corresponding NFTs saved and secured on the Bitcoin blockchain. “I’ve put my coronary heart, soul and thoughts into this assortment, and I’m actually wanting ahead to unveiling it to you,” said Ulbricht in a Twitter announcement of the drop.
The Bitcoin NFTs might be minted on Apr. 5 to commemorate Bitcoin creator Satoshi Nakamoto’s birthday, and the gathering itself will auctioned off on the Bitcoin 2022 convention in Miami on Apr. 6.
In a blog post, Ulbricht mentioned the cash raised might be used to assist youngsters go to their dad and mom in jail. “We’re shifting ahead with the thought of serving to children journey to go to their mothers and dads in jail,” he wrote in a March 10 blog post on Medium, including that his staff is already reaching out to charities engaged on related initiatives. “The more cash we increase, the extra good we are able to do, so I’ve been busy creating my subsequent artwork assortment.”
Ulbricht is at present serving his ninth yr of a double life plus 40-year sentence with out the potential of parole for creating and working the now-defunct on-line market, Silk Highway. The darknet web site, which was popularly used to commerce unlawful medicine and different contraband in alternate for Bitcoin, noticed hundreds of thousands of {dollars} in every day quantity earlier than it was seized by the FBI in October 2013. Silk Highway helped place Bitcoin beneath the mainstream highlight for the primary time in its historical past, and Ulbricht has since turn out to be one thing of a cult determine throughout the Bitcoin neighborhood.
Ulbricht’s Bitcoin NFT drop follows his first NFT drop on Ethereum, which raised round $6.2 million in an public sale on the Artwork Basel Miami artwork truthful in December. The successful bid for the gathering got here from FreeRossDAO, a decentralized autonomous group launched to pool funds and assist free Ulbricht from jail.
Disclosure: On the time of writing, the writer of this piece owned ETH and a number of other different cryptocurrencies.
