Ross Ulbricht, founder of darknet bitcoin marketplace Silk Road, is auctioning a series of art created while serving his life sentence.
Ross Ulbricht, the former operator of early darknet bitcoin marketplace Silk Road, will be auctioning a collection of four original oil paintings and an animation consisting of 318 hand-drawn frames at Bitcoin 2022. He created the series, called “The Growth Collection,” as he continues to serve a double-life sentence plus forty years in federal prison for his role in Silk Road.
The oil paintings and animation will have five corresponding non-fungible tokens (NFTs) and certificates of authenticity minted on the Bitcoin blockchain through the Counterparty protocol. The pieces will be auctioned by Lightning Network-focused platform Scarce.City.
“The artwork’s data and proof of ownership will be stored and secured by the Bitcoin blockchain using the Counterparty protocol,” according to a release shared with Bitcoin Magazine. “The artworks will be auctioned for bitcoin using Scarce.City’s Bitcoin and Lightning Network native auction platform.”
A Partneri protokoll was introduced in 2014 and leverages its own token, XCP, which was originally issued by sending 2,140 BTC to a provably unspendable Bitcoin address, thus “burning” these bitcoin and, in a sense, transferring their value into the XCP.
The NFTs were minted on April 5, the honorary “birthday” of Bitcoin’s pseudonymous founder Satoshi Nakamoto. The auction is open from April 6 to 8 via Scarce.City. The animation and oil paintings are being displayed at Bitcoin 2022’s onsite art gallery.
Ulbricht created the collection while serving his ninth year in prison, utilizing a lightbox made of a Tupperware containing and reading light, and sketching a plant every day to capture its growth from seed to sprout.
“I’m working my fingers to the bone on these art pieces for Bitcoin 2022,” Ubricht wrote in a csipog. “The most time consuming is the animation. No computers in prison. I have to draw every frame by hand.”
Silk Road still represents one of Bitcoin’s most widely-used and infamous use cases and many in the space see Ulbricht’s sentencing as unfair for a first-time, non-violent offender.
A Bitcoin 2022 a Bitcoin Event Series része, amelyet a BTC Inc, az anyavállalata ad otthont Bitcoin Magazine.
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