AssangeDAO Successfully Bid $53 Million For the Julian Assange x Pak NFT “Clock”

AssangeDAO raised funds to bid on a one-off NFT collaboration between Julian Assange and Pak in an effort to help the Wikileaks founder fight extradition to the United States. Anybody may contribute to the fund, and contributors earn an equal quantity of JUSTICE, the governance token.

What Is AssangeDAO?

AssangeDAO was founded the day after the US won its appeal against a British court ruling that banned Assange’s extradition. The DAO claims to be controlled by “cypherpunks seeking to free Assange from the legacy justice system,” and it plans to generate funds to cover Assange’s legal bills. The DAO is raising funds to bid on Censored NFT in order to achieve this aim.

Assange has been charged on 18 counts in relation to the publication of confidential information by Wikileaks that showed misconduct and double-dealing by U.S. federal agencies. If extradited to the United States, the Wikileaks founder could face a 175-year sentence.

AssangeDAO Won The ‘Clock’ NFT Bid

On February 9, the AssangeDAO raised 17,422 Ether ($56 million) from its community to bid on the NFT called ‘Clock’, and it has already won the NFT by putting the highest offer at 16,593 Ether ($53 million).

DAO’s contributors now can claim the DAO’s governance token, $JUSTICE, in proportion to their ETH contributions. Contributors will then decide via governance voting what to do with the NFT and the future roadmap of the DAO.

Etherscan shows that currently more than 51% of JUSTICE tokens have been claimed, with over 4,600 token holders.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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