The ‘Growth Collection’ – Ross Ulbricht to Auction Bitcoin-Backed NFTs on Satoshi’s Birthday – Bitcoin News

Following Ross Ulbricht’s non-fungible token (NFT) sale, which raised 1,446 ethers or $6.27 million at auction, Ulbricht is releasing another NFT compilation called “Growth Collection”. According to the announcement, the NFTs will be minted using the Bitcoin blockchain and will be auctioned at the Bitcoin22 conference in Miami on April 6-8.

Ross Ulbricht is preparing another NFT auction that includes four physical oil paintings and a hand-drawn animation.

Ross Ulbricht is gearing up to auction off a new NFT collection on Satoshi Nakamoto’s birthday, according to an announcement sent to News. The latest NFT collection follows Ulbricht’s latest NFT auction, which sold for 1,446 ethers, or $6.27 million at the time of settlement. This specific collection was acquired by the Pleasrdão project and later the collection was divided. The Fractional NFT Collection is the 9th largest Fractional NFT project with a market capitalization of around US$2.68 million.

On October 1, 2022, Ulbricht will begin his 10th year in prison as he received a double life sentence without parole for his involvement with the Silk Road market. The investigation into the Ulbricht case was a farce filled with controversy and dishonest officials, and the ensuing trial was considered by many to be a miscarriage of justice. Ulbricht and his family have been fighting for their freedom ever since, and currently Ulbricht has a clemency petition hosted on that is approaching 500,000 signatures, as the petition currently has 474,438 signatures at the time of writing.

The latest Ulbricht NFT collection will be auctioned at the Bitcoin22 conference in Miami on April 6-8. The auction will take place on Satoshi Nakamoto’s birthday and instead of leveraging Ethereum, the Growth Collection will be minted on the Bitcoin blockchain via Counterparty. The collection will be auctioned on Scarce.City, a native bitcoin (BTC) and Lightning Network auction platform. The Growth Collection will include “four physical oil paintings and one hand-drawn animation and five corresponding Bitcoin NFTs with Bitcoin tokenized certificate of authenticity (COA).

In a statement sent to News, Ross Ulbricht wrote that working on the NFT projects has reinvigorated him. “We can look more broadly to make the whole system fair, rather than just focusing on me,” Ulbricht said. “This is how it should be. There’s a lot of work to do… All of this has brought a new spark to my life. I have direction and purpose and I feel like I can make a difference again. The more money we raise, the more good we can do. my heart, soul and mind into this collection, and I am really looking forward to revealing it to you.”

Marks in this story

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What do you think of the upcoming sale of the Ross Ulbricht NFT collection at the Bitcoin22 conference in Miami? Let us know what you think about this matter in the comments section below.

Jamie Redman

Jamie Redman is the news lead for News and a financial technology journalist based in Florida. Redman has been an active member of the cryptocurrency community since 2011. He is passionate about Bitcoin, open source and decentralized applications. Since September 2015, Redman has written over 5,000 articles for News on the disruptive protocols emerging today.

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