Ross Ulbricht’s NFT Collection to Be Auctioned through Superrare at Art Basel Miami – Bitcoin News

On December 2nd at Art Basel Miami, the very first Ross Ulbricht non-fungible token (NFT) assortment will likely be showcased on the occasion and auctioned through Superrare. The proceeds from the public sale will help Ross Ulbricht’s freedom efforts and a donor-advised fund referred to as Art4giving, which helps help individuals who have incarcerated members of the family.

10 NFTs Featuring Ross Ulbricht’s Personal Work

Non-fungible token (NFT) belongings have turn into a giant deal this yr and changed into a billion-dollar trade in what looks like in a single day. This week Ross Ulbricht, the founding father of the now-defunct Silk Road market, launched his first NFT assortment after spending 9 years behind bars for a non-violent offense. Ulbricht was a first-time offender and an awesome majority of people imagine his case was a “miscarriage of justice.” His double life sentence with out parole, plus 40 years, for creating an internet site has been deemed draconian as nicely.

Ulbricht continues to be combating for his freedom and a petition hosted on change.org has garnered a whole lot of consideration and signatures because it was began. The petition asks the U.S. president and authorities to grant ​​Ulbricht clemency and the variety of signatures supporting Ulbricht’s freedom is nearing 500,000 on the time of writing. The announcement in regards to the new NFT assortment despatched to Bitcoin.com News particulars that “portrayals of Ross Ulbricht’s case and story have been misleading. The NFT sale is meant to bring renewed attention and gather support from the NFT community.”

The announcement explains that the Ross Ulbricht NFT assortment will likely be featured and bought on the Art Basel Miami occasion on December 2. The sale will happen on the NFT platform Superrare and the gathering crafted by Entoptic is Ulbricht’s first NFT assortment that showcases his private work. “This NFT collection is Ross’s creative journey of expression; it is his living and evolving story. Through drawings and video, we see glimpses of a man’s unfolding existence. This is his way to reach outside the walls of prison, as we continue the campaign for his freedom,” Entoptic stated in an announcement.

Ulbricht NFT Collection to Leverage KSPEC Protocol, Proceeds to Go to Art4giving and Furthering Free Ross Efforts

The NFT assortment curated by Entoptic leverages the open-source protocol KSPEC. The protocol KSPEC was developed by a pseudonymous collective of “institutional art, design, and cryptonative technology professionals” referred to as Kanon. The group believes that the protocol KSPEC “unlocks God Mode for NFTs.” According to the announcement, utilizing KSPEC permits builders to “deliver the Ross Ulbricht Collection NFT in full quality, attach additional content onchain.” Ulbricht additionally spoke about how the NFT public sale proceeds will assist individuals with incarcerated members of the family.

“With proceeds from this NFT, we are starting a donor-advised fund called Art4giving, dedicated to relieving the suffering of the incarcerated and their families. One project I envision is to help kids travel to visit their moms and dads in prison,” Ulbricht detailed in an announcement despatched to Bitcoin.com News. Ulbricht additional added:

“Decades of incarceration stretch out in front of me. As I face that future, my eventual old age and death in this cage, I find myself looking for meaning and purpose. Why am I here? What good can I do with the time I have left and from where I am? I hope that helping my fellow prisoners through my art is one way.”

Funding helps prisoners and their households in a myriad of the way and the public sale’s funds can even be devoted towards the efforts to free Ross. “These include new legal proceedings, raising awareness, and more — There is still a long road ahead,” the announcement concludes.

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