{"id":374775,"date":"2021-12-01T08:58:28","date_gmt":"2021-12-01T05:58:28","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/imprisoned-silk-road-founder-causes-a-stir-with-nft-drop\/"},"modified":"2021-12-01T08:58:28","modified_gmt":"2021-12-01T05:58:28","slug":"imprisoned-silk-road-founder-causes-a-stir-with-nft-drop","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/imprisoned-silk-road-founder-causes-a-stir-with-nft-drop\/","title":{"rendered":"# Imprisoned Silk Road founder causes a stir with NFT drop"},"content":{"rendered":"

“# Imprisoned Silk Road founder causes a stir with NFT drop <\/strong>”<\/p>\n

Ross Ulbricht, founder of defunct dark web marketplace Silk Road, has created a stir by announcing he will auction off his series<\/a> of nonfungible tokens (NFT) starting Dec. 2.<\/p>\n

The imprisoned early Bitcoin adopter announced via his supporter operated Twitter account<\/a> on Dec. 1 his plans to auction<\/a> the Ross Ulbricht Genesis Collection on Superare NFT marketplace from Dec. 2-8. The collection consists of 11 works of art Ulbricht handmade, then his supporters minted into NFT form. <\/p>\n

The art was made in different stages of Ulbricht\u2019s life from childhood up to his time in prison. The early works depict comic book characters and animals, while the later works depicts scenes from his court trial and inner feelings he has had since being imprisoned.<\/p>\n

Proceeds from the auction will help fund a trust to support Ulbricht\u2019s efforts to be freed from prison. Funds will also help launch the donor-advised charitable fund Art4Giving<\/a>, which is \u201cdedicated to relieving the suffering of the incarcerated and their families.\u201d <\/p>\n

Ulbricht has been a controversial character in the crypto space since he was sentenced to two life terms in federal prison in Oct. 2015 for operating the Silk Road marketplace. Silk Road opened on the dark web in Feb. 2011 and allowed users to purchase nearly anything with Bitcoin (BTC), including illicit substances.<\/p>\n

Ross Ulbricht’s Perspective<\/em>\u00a0from The Ross Ulbricht Genesis Collection of NFTs.<\/figcaption><\/figure>\n

The announcement sparked a blizzard of conflicting commentary from people on social media<\/a>, some against Ulbricht\u2019s decision, but most in support of his cause.<\/p>\n

Related: <\/em><\/strong>Crypto’s impact on sanctions: Are regulators’ concerns justified?<\/em><\/strong><\/p>\n

One skeptical commenter, founder of bullbitcoin.com @francispouliot said that although he supports Ulbricht, \u201cthe fact that the insane and immoral NFT ponzi has now become fully normalized is deeply troubling.\u201d Other Bitcoin maximalists also took exception to the entire concept of NFTs with @vladenhawk<\/a> writing “I can tolerate the creation of international drug and weapons markets. But NFTS is where I draw the line.”<\/p>\n

Crypto Cobain, high-profile host of UpOnly TV, pointed out in support that although a few Bitcoin maximalists may be against Ulbricht minting NFTs, he was instrumental in generating early Bitcoin adoption.<\/p>\n

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There are bitcoin maxis trying to cancel @RealRossU<\/a> for selling NFTs to raise money to charity for people incarcerated.<\/p>\n

One tweet say \u201cway to lose your fanbase\u201d.<\/p>\n

This man is in jail for life and did more for bitcoin than all of the laser eye cult combined.<\/p>\n

Bidding Ross NFTs.<\/p>\n

\u2014 cobie (@CryptoCobain) November 30, 2021<\/a><\/p><\/blockquote>\n