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Silk Avenue Founder Ross Ulbricht to Tumble Bitcoin NFT Series

Silk Avenue Founder Ross Ulbricht to Tumble Bitcoin NFT Series

The NFT assortment shall be auctioned off at the Bitcoin 2022 conference commencing Apr. 6.

Key Takeaways

  • Silk Avenue founder Ross Ulbricht will unencumber a assortment of Bitcoin NFTs at the Bitcoin 2022 conference in Miami.
  • The NFTs shall be minted on Apr. 5 to commemorate Satoshi Nakamoto’s birthday.
  • The assortment will characteristic four physical oil artwork, one hand-drawn physical animation, and 5 corresponding Bitcoin NFTs.

Ross Ulbricht is releasing a Bitcoin NFT art assortment to salvage funds for kids to search the recommendation of with their imprisoned oldsters. 

Ross Ulbricht to Originate Bitcoin NFTs

Ross Ulbricht will unveil a new tokenized art assortment at the upcoming Bitcoin 2022 conference.

The Silk Avenue founder’s most modern art display veil, dubbed the “Ross Ulbricht Growth Series,” will consist of four physical oil artwork, one animation of 318 hand-drawn frames, and 5 corresponding NFTs saved and secured on the Bitcoin blockchain. “I in actuality bear build my coronary heart, soul and mind into this assortment, and I am in actuality having a ogle forward to unveiling it to you,” mentioned Ulbricht in a Twitter announcement of the drop. 

The Bitcoin NFTs shall be minted on Apr. 5 to commemorate Bitcoin creator Satoshi Nakamoto’s birthday, and the assortment itself will auctioned off at the Bitcoin 2022 conference in Miami on Apr. 6.

In a blog post, Ulbricht mentioned the money raised shall be used to support kids search the recommendation of with their oldsters in penal complex. “We’re keen forward with the root of helping kids high-tail back and forth to search the recommendation of with their moms and dads in penal complex,” he wrote in a March 10 blog post on Medium, adding that his team is already reaching out to charities working on an analogous projects. “The more money we elevate, the more true we can carry out, so I in actuality had been busy establishing my next art assortment.”

Ulbricht is for the time being serving his ninth year of a double existence plus 40-year sentence with out the chance of parole for establishing and working the now-defunct online market, Silk Avenue. The darknet web web page, which was as soon as popularly used to interchange unlawful treatment and various contraband in change for Bitcoin, seen thousands and thousands of bucks in day-to-day volume sooner than it was as soon as seized by the FBI in October 2013. Silk Avenue helped station Bitcoin under the mainstream highlight for the first time in its history, and Ulbricht has since turn out to be one thing of a cult figure for the length of the Bitcoin community.  

Ulbricht’s Bitcoin NFT drop follows his first NFT drop on Ethereum, which raised round $6.2 million in an auction at the Art Basel Miami art tender in December.  The a hit order for the assortment came from FreeRossDAO, a decentralized self reliant organization launched to pool funds and support free Ulbricht from penal complex.

Disclosure: On the time of writing, the creator of this portion owned ETH and a complete lot of different assorted cryptocurrencies.

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