Ethereum

Ross Ulbricht officially starts NFT Collection on Ethereum

Silk Street founder Ross Ulbricht is officially launching the NFT collection on the Ethereum blockchain and this sale, as we read, will really be viewed as fundraising for his freelance endeavors.

Silk Road founder Ross Ulbricht will officially launch a range of NFTs that will record his life. The founder of the now defunct darknet market announced on Medium that he is auctioning an NFT line that describes various points in his life up to his time in prison. The Ross Ulbricht Genesis Collection, mined on Ethereum, will be unveiled on Tuesday at the Art Basel 2021 event in Miami and will run on Entopic’s SuperRare NFT platform from December 2-8. The collection will include ten objects by Ulbricht, including works, artworks and animations by the digital artist Levitate. He wrote:

“I was 29 years old when I was arrested. Suddenly, sitting in prison, I had time to draw again. I reconnect with my artistic side and create illustrations that tell the story of what I went through. “

https://twitter.com/EntopticNFT/status/1462921382447173640?ref_src=twsrc%5Etfw” target=”_blank” rel=”nofollow noopener
In prison since 2013, Ulbricht did not fully participate in the NFT explosion that crypto took over. The founder of Silk Road wrote that when someone offered to sell their artwork as an NFT, they had no idea what they were talking about. With the help of others, he learned them and began to develop them. FreeRoss.org website, run by his mother Lyn, says the NFT’s launch will serve as a fundraiser for Ulbricht’s prison and freedom efforts:

“We can do a lot with the proceeds of this auction, but one idea I am committed to is helping children visit their mother and father in prison.”

In 2011, Ulbricht launched Silk Road, a darknet website where everything is available to buy and sell using BTC. The website started out as an illegal drug trafficking company, but later expanded to include weapons, drugs, and other contraband items. The site closed in 2013 when he was arrested. In 2015 Ulbricht was found guilty of conspiracy to launder money, deal drugs, hack computers and run a criminal enterprise. He was sentenced to two life terms plus 40 years in prison. He noticed:

“The prison is destroying families. It destroys communities. And it is the children who suffer. “

Annie

Championing positive change through finance, I've dedicated over eight years to sustainability and environmental journalism. My passion lies in uncovering companies that make a real difference in the world and guiding investors towards them. My expertise lies in navigating the world of sustainable investing, analyzing ESG (Environmental, Social, and Governance) criteria, and exploring the exciting field of impact investing. "Invest in a better future," I often say. That's the driving force behind my work at Coincu – to empower readers with knowledge and insights to make investment decisions that create a positive impact.

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