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

Superrare will auction the Ross Ulbricht first non-fungible token collection (NFT) at Art Basel Miami. It will also be on display at the event. The proceeds from the auction will support Ross Ulbricht’s freedom efforts and a donor-advised fund called Art4giving, which helps support people who have incarcerated family members.

10 NFTs Featuring Ross Ulbricht’s Personal Work

The non-fungible token asset (NFT), has become an enormous deal and has grown to be a multi-billion-dollar business in a matter of weeks. Ross Ulbricht (the founder of now-defunct Silk Road Marketplace) launched his first NFT-based collection this week after nine years in prison for non-violent crimes. Ulbricht was a first-time offender and a great majority of individuals believe his case was a “miscarriage of justice.” His double life sentence without parole, plus 40 years, for creating a website has been deemed draconian as well.

Ulbricht still fights for his freedom. Since its creation, a petition posted on has received lots of attention and signatures. The petition asks the U.S. president and government to grant ​​Ulbricht clemency and the number of signatures supporting Ulbricht’s freedom is nearing 500,000 at the time of writing. The announcement concerning the new NFT collection sent to News details 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.”

This announcement states that Ross Ulbricht’s NFT collection will feature and be sold at Art Basel Miami on December 2. The sale will take place on the NFT platform Superrare and the collection crafted by Entoptic is Ulbricht’s first NFT collection that showcases his personal 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 said in a statement.

Ulbricht NFT Collect to Use KSPEC Protocol. Proceeds will Go to Art4giving & Furthering Free Ross Efforts

Entoptic curated the NFT collection using open-source protocol KSPEC. The protocol KSPEC was developed by a pseudonymous collective of “institutional art, design, and cryptonative technology professionals” called Kanon. The organization believes that the protocol KSPEC “unlocks God Mode for NFTs.” According to the announcement, using KSPEC allows developers to “deliver the Ross Ulbricht Collection NFT in full quality, attach additional content onchain.” Ulbricht also spoke about how the NFT auction proceeds will help people with incarcerated family members.

“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 a statement sent to News. Ulbricht further added:

“Decades of incarceration stretch out in front of me. Looking at my future and the possibility of death, I am searching for meaning and purpose. What is the point of being here? What can I do to make the most of my time and resources? I hope that helping my fellow prisoners through my art is one way.”

Funding supports prisoners and their families in a myriad of ways and the auction’s funds will also be dedicated toward the efforts to free Ross. “These include new legal proceedings, raising awareness, and more — There is still a long road ahead,” the announcement concludes.

In this story, tags
appeals, Art Basel Miami, petition, Clemency, clemency petition, commute sentence, court of appeals, Double Life Sentence, Draconian Sentence, Entoptic, Free Ross,, KSPEC, NFT Auction, NFT collection, NFTs, Non-fungible artwork, Non-fungible Token, petition, Ross, Ross Ulbricht, Silk Road, Silk Road Marketplace, Superrare, Supreme Court, Ulbricht, Ulbricht Family

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