• Coins MarketCap
    • Coins MarketCap
    • Crypto Calculator
    • Top Gainers and Loser of the day
  • Crypto Exchanges
  • Bitcoin News
  • Crypto News
    • Cryptocurrency
    • Blockchain
    • Finance
    • Investing
    • View all latest Updates regarding crypto
Wednesday, May 31, 2023
WIREOPEDIA
No Result
View All Result
Contribute!
CONTACT US
  • Home
  • Breaking News
  • World
  • UK
  • US
  • Entertainment
  • Business
  • Technology
  • Defense
  • Health Care
  • Politics
  • Strange
  • Crypto News
WIREOPEDIA
  • Home
  • Breaking News
  • World
  • UK
  • US
  • Entertainment
  • Business
  • Technology
  • Defense
  • Health Care
  • Politics
  • Strange
  • Crypto News
No Result
View All Result
WIREOPEDIA
No Result
View All Result
Home Blockchain

FreeRossDAO Wins Silk Road Founder’s NFT Auction With $6.2M Bid

wireopedia memeber by wireopedia memeber
December 9, 2021
in Blockchain, Crypto, Crypto Market, Cryptocurrency, Finance, Investing, Market
0
FreeRossDAO Wins Silk Road Founder’s NFT Auction With $6.2M Bid
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

You might also like

NFL players union unable to collect $41.8M in NFT-related revenue

Multichain team cannot locate CEO, halts service for affected chains

Bybit Follows Binance’s Footsteps, Exits Canadian Market Amid Regulatory Concerns

“For me there is nothing more sacred than the will of the people.”
Jose Artigas

The beginning of December marked Ross Ulbricht’s release of his first drop of NFT, “Genesis Collection,” featured on the SuperRare platform. One day after the event, the highest bid for the collection exceeded $1.2 million.

The auction officially closed on December 8, successfully winning a $6.2M bid.

FreeRossDAO Fights For The Underdogs

Ulbricht, the founder of Silk Road, the most revolutionary platform in crypto history, has recently shaken the world with his return.

Nine years after being arrested and sentenced to two life sentences, Ulbricht returned with an NFT collectibles auction in an attempt for clemency and to support the family.

The auction drew a lot of interest from multiple individuals and organizations just a few days after it was announced, the majority of whom are Ulbricht supporters and obviously Silk Road enthusiasts.

As the winner was chosen, the auction ended successfully at 1446 ETH ($6.2M). FreeRossDAO, a novel decentralized organization, won ownership of Ulbricht’s collection.

FreeRossDAO is, in fact, PleasrDAO, a decentralized autonomous organization specializing in Ulbricht’s artwork distribution and Free Ross campaign coordinator. Interestingly, PleasrDAO operates under the management of top-level DeFi and NFT leaders including Su Zhu, Rober Leshner, and Stani Kulechov.

FreeRossDAO will receive NFTs that Ulbricht auctioned off on the SuperRare platform, including pencil drawings and poetry: “Mom’s Dae,” “Dolphin,” “I Hope the War is Over,” “Quicksilver,” “You lookin’ at Me?,” “The Trial I Saw, “Life in a Box,” “Uncageable,” “Perspective,” and “Death.”

Ulbricht has spent more than 9 years in prison and has personally experienced and witnessed the toll that a prison sentence can take on a family’s relationships. He is eager to raise funds to assist children in visiting their imprisoned parents.

The FreeRossDAO is a group of investors who hope to raise funds to bid on the Genesis Collection and contribute to the effort to free Ulbricht from life in prison through legal proceedings and public awareness.

The Silk Road’s creator had his first words in an interview in the scope of the 2021 Miami Bitcoin Conference. Ross Ulbricht’s case has been called a “false justice,” and more than 250 prominent organizations, individuals, and global leaders have expressed support for Ulbricht.

Good Luck With The Game!

The creator of Silk Road has one of the largest Change.org petitions in the US, as the petition has been signed by 433,845 individuals to date. The petition was filed seeking clemency for Ulbricht because his offense was non-violent and his investigation, trial, and sentencing were rife with signs of abuse.

The unique works of art portray Ulbricht’s childhood and prison time. Currently, Silk Road’s father is serving a dual life sentence and is unlikely to be pardoned.

Breki – Swan Studio’s creative director, commented on Ulbricht’s NFT art after the auction reached 666 ETH (around $2,6 million) on December 5:

“Ross’s artwork is beautiful and his outlook on life, despite everything, is no longer inspiring. I hope that one day they will get their freedom, the freedom that many of us take for granted every day. Yes, I oppose Ethereum and others, but we are all human, Ross even more so.”

The success of the NFT auction has so much meaning to Ulbricht, personally. He shared his thoughts on December 6, saying: “I’m so moved by what is going right now with the NFT auction,” “I feel…acceptance, love, validation, many things. You humble me.”

The case of Ulbricht is regarded as a crime in the eyes of the police and governmental powers. Thie rise and fall of the Silk Road are of great interest to publicity. In February this year, a movie inspired by the event was broadcast.

The NFT craze has grown significantly this year as we see some big names like Eminem and Snoop Dogg release their NFTs. The popularity of this year’s NFT has surpassed hot topics like Covid-19, Crypto, Metaverse to become the highlighted word of the year.

The post FreeRossDAO Wins Silk Road Founder’s NFT Auction With $6.2M Bid appeared first on Blockonomi.

Read Entire Article
Tags: BlockchainBlockonomiCoin SurgesCryptocurrenciesMarket StoriesTrading
Share30Tweet19
wireopedia memeber

wireopedia memeber

Recommended For You

NFL players union unable to collect $41.8M in NFT-related revenue

by wireopedia memeber
May 31, 2023
0
NFL players union unable to collect $41.8M in NFT-related revenue

The National Football League Players Association (NFLPA) could not collect tens of millions of dollars in licensing and sponsorship revenue linked to the crypto industry during the 2022...

Read more

Multichain team cannot locate CEO, halts service for affected chains

by wireopedia memeber
May 31, 2023
0
Multichain team cannot locate CEO, halts service for affected chains

Cross-chain services are suspended for Kekchain, Public Mint, DynoChain, Redlight Chain, Dexit, Ekta, HPB, Onus, Omax,

Read more

Bybit Follows Binance’s Footsteps, Exits Canadian Market Amid Regulatory Concerns

by wireopedia memeber
May 31, 2023
0
Bybit Follows Binance’s Footsteps, Exits Canadian Market Amid Regulatory Concerns

In the wake of Binance’s departure from Canada, cryptocurrency exchange Bybit has announced its exit from the nation as well, citing “recent regulatory development” as the reason

Read more

Tether expands reach in Georgia through investment in CityPay.io

by wireopedia memeber
May 31, 2023
0
Tether expands reach in Georgia through investment in CityPay.io

The partnership seeks to enhance the payment industry in Georgia by introducing heightened efficiency

Read more

TD Cowen shutters digital assets unit

by wireopedia memeber
May 31, 2023
0
TD Cowen shutters digital assets unit

TD Cowen (formerly Cowen Inc), an investment bank, announced the closure of its digital asset unit on May 31, Bloomberg reported Cowen’s services include investment banking, research, sales,

Read more
Next Post
Nonprofit Sats Center Launches To Educate U.S. Regulators On Bitcoin

Nonprofit Sats Center Launches To Educate U.S. Regulators On Bitcoin

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

MakerDAO voting on collaborating with a traditional bank

MakerDAO voting on collaborating with a traditional bank

July 6, 2022
BlockFi Is The Next Exchange To Fail – Who Will Be Next?

BlockFi Is The Next Exchange To Fail – Who Will Be Next?

November 29, 2022
Eswatini Central Bank Partners With German Firm to Explore CBDC

Eswatini Central Bank Partners With German Firm to Explore CBDC

October 19, 2022

Browse by Category

  • Blockchain
  • Breaking News
  • Business
  • Crypto
  • Crypto Market
  • Cryptocurrency
  • Defense
  • Entertainment
  • Finance
  • Health Care
  • Investing
  • Market
  • Politics
  • Strange
  • Technology
  • UK News
  • Uncategorized
  • US News
  • World
WIREOPEDIA

Wireopedia is an automated news feed. The Wireopedia AI pulls from sources with different views so you can see the various sides of different arguments and make a decision for yourself. Wireopedia will be firmly committed to the public interest and democratic values.

Privacy Policy     Terms and Conditions

CATEGORIES

  • Blockchain
  • Breaking News
  • Business
  • Crypto
  • Crypto Market
  • Cryptocurrency
  • Defense
  • Entertainment
  • Finance
  • Health Care
  • Investing
  • Market
  • Politics
  • Strange
  • Technology
  • UK News
  • Uncategorized
  • US News
  • World

BROWSE BY TAG

Bitcoin Bitcoinist Bitcoinmagazine Blockchain Blockonomi Breaking News Business BuzzFeed Celebrity News Coin Surges Cointelegraph Cryptocurrencies Cryptoslate Defense Entertainment Health Care insidebitcoins Market Stories newsbtc Politico Skynews Strange Technology Trading UK US World

RECENT POSTS

  • Former US vice president to launch bid for White House
  • NFL players union unable to collect $41.8M in NFT-related revenue
  • Matty Healy Has Been Spotted In Merch For His Friend’s Podcast That Cruelly Bodyshamed Taylor Swift And Called Her Mom “Miss Piggy”
  • Multichain team cannot locate CEO, halts service for affected chains
  • Raven-Symoné Revealed How She Asked Dates To Sign An NDA, And It’s A Rare Look Into The Life Of A Celeb

© 2022 WIREOPEDIA - All right reserved.

No Result
View All Result
  • Home
  • Breaking News
  • World
  • UK
  • US
  • Entertainment
  • Business
  • Technology
  • Defense
  • Health Care
  • Politics
  • Strange
  • Crypto News
  • Contribute!

© 2022 WIREOPEDIA - All right reserved.

  • bitcoinBitcoin(BTC)$26,965.00-2.73%
  • ethereumEthereum(ETH)$1,861.08-2.26%
  • tetherTether(USDT)$1.000.02%
  • binancecoinBNB(BNB)$305.77-2.07%
  • usd-coinUSD Coin(USDC)$1.000.02%
  • rippleXRP(XRP)$0.50-3.04%
  • cardanoCardano(ADA)$0.371436-1.89%
  • staked-etherLido Staked Ether(STETH)$1,859.74-2.29%
  • dogecoinDogecoin(DOGE)$0.071268-1.58%
  • matic-networkPolygon(MATIC)$0.89-1.22%
  • solanaSolana(SOL)$20.54-2.67%
  • tronTRON(TRX)$0.075657-1.05%
  • polkadotPolkadot(DOT)$5.29-2.97%
  • litecoinLitecoin(LTC)$89.04-3.45%
  • binance-usdBinance USD(BUSD)$1.000.01%
  • shiba-inuShiba Inu(SHIB)$0.000008-4.08%
  • avalanche-2Avalanche(AVAX)$14.06-2.87%
  • daiDai(DAI)$1.00-0.03%
  • wrapped-bitcoinWrapped Bitcoin(WBTC)$27,005.00-2.70%
  • uniswapUniswap(UNI)$5.02-2.12%
  • chainlinkChainlink(LINK)$6.45-1.99%
  • cosmosCosmos Hub(ATOM)$10.45-3.45%
  • okbOKB(OKB)$45.51-3.47%
  • stellarStellar(XLM)$0.0904060.74%
  • bitcoin-cashBitcoin Cash(BCH)$112.31-2.21%
  • filecoinFilecoin(FIL)$4.66-3.29%
  • crypto-com-chainCronos(CRO)$0.059535-0.93%
  • vechainVeChain(VET)$0.020327-2.43%
  • nearNEAR Protocol(NEAR)$1.56-3.92%
  • algorandAlgorand(ALGO)$0.146718-2.95%
  • elrond-erd-2MultiversX(EGLD)$36.44-0.95%
  • axie-infinityAxie Infinity(AXS)$6.84-3.07%
  • terra-lunaTerra Luna Classic(LUNC)$0.000084-2.82%
  • compound-ethercETH(CETH)$37.30-2.30%
  • ftx-tokenFTX(FTT)$1.91-20.60%
  • terrausdTerraClassicUSD(USTC)$0.013503-3.78%