Imprisoned Silk Road founder causes a stir with NFT drop
Imprisoned Silk Road founder causes a stir with NFT drop
Those who back up him hope he raises plenty money to fulfill his personal and charitable needs, while others think he shouldn't exist selling NFTs at all.
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Ross Ulbricht, founder of defunct dark web marketplace Silk Road, has created a stir past announcing he will auction off his series of nonfungible tokens (NFT) starting on Thursday.
The imprisoned early Bitcoin (BTC) adopter announced via his supporter-operated Twitter account on Wed his plans to sale the Ross Ulbricht Genesis Collection on the Superare NFT market place from December. 2–8. The collection comprises 11 works of handmade art, which his supporters and so minted into NFTs.
The art was made in different stages of Ulbricht's life from childhood up to his time in prison. The early on works depict comic book characters and animals, while the later works describe scenes from his court trial and inner feelings he has had since being imprisoned.
Proceeds from the sale volition help fund a trust to support Ulbricht'south efforts to be freed from prison. Funds volition also assist launch the donor-advised charitable fund Art4Giving, which is "dedicated to relieving the suffering of the incarcerated and their families."
Ulbricht has been a controversial grapheme in the crypto space since he was sentenced to two life terms in federal prison in October 2022 for operating the Silk Road marketplace. Silk Route opened on the dark web in Feb 2022 and allowed users to purchase well-nigh annihilation with Bitcoin, including illicit substances.
The announcement sparked a blizzard of conflicting commentary from people on social media, some of whom were against Ulbricht's decision, just most support his cause.
Related: Crypto's impact on sanctions: Are regulators' concerns justified?
Francis Pouliot, founder of Bull Bitcoin, said that although he supports Ulbricht, "the fact that the insane and immoral NFT ponzi has now become fully normalized is deeply troubling." Other Bitcoin maximalists also took exception to the unabridged concept of NFTs, with Twitter user Von Vladenhawk writing, "I can tolerate the cosmos of international drug and weapons markets. But NFTS is where I draw the line."
Crypto Cobain, the high-contour host of UpOnly, pointed out in support that although a few Bitcoin maximalists may be against Ulbricht minting NFTs, he was instrumental in generating early Bitcoin adoption.
— cobie (@CryptoCobain) November xxx, 2022There are bitcoin maxis trying to cancel @RealRossU for selling NFTs to heighten money to charity for people incarcerated.
One tweet say "way to lose your fanbase".
This human being is in jail for life and did more for bitcoin than all of the laser middle cult combined.
Bidding Ross NFTs.
Source: https://cointelegraph.com/news/imprisoned-silk-road-founder-causes-a-stir-with-nft-drop
Posted by: longetonly.blogspot.com

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