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Ross Ulbricht Genesis Auction NFT Auction Sees Millions in Ethereum Bids

Ross Ulbricht Genesis Collection NFT Auction Sees Millions of Dollars in Ethereum Bids

On December 2, Ross Ulbricht Genesis Collection’s auction of non-fungible token assets (NFT) was launched at Art Basel Miami via Superrare. The Ulbricht NFT collection auction ends on December 8, and so far the auction has seen a bid of 666 ether or roughly $2.6 million. Additionally the project Pleasrdao aims to up the ante as the “Free Ross DAO” bidding on the collection has raised 1,042 ether or $4.2 million to date.

Ross Ulbricht NFT Auction Eyes Millions in Ether

During the third week of November, Bitcoin.com News reported on the Ross Ulbricht Genesis Collection auction taking place at the start of Art Basel in Miami. The auction was initiated on the Superrare NFT marketplace platform and the collection is an assortment of ten artworks by Ross Ulbricht.

“Curated by Entoptic, this is the first and only NFT to include Ross Ulbricht’s personal work,” the announcement detailed. So far, the Ulbricht NFT collection has seen significant demand and to date, Superrare stats show a bidder dubbed “@toxicbitcoinmaxi outbid @starrynight” with a bid of 666 ether on December 3. This is more than $2.6million USD at current ether exchange rates.

Ross Ulbricht Genesis Collection NFT Auction Sees Millions of Dollars in Ethereum Bids
The Ross Ulbricht NFT artwork called: “The Trial I Saw.” Graphite pencil drawing created in prison. This creative interpretation is based on Ross’s perception of the trial through his mask.

After the bid of 666 ETH, the Twitter account that belongs to the creative director at Swan Studios, Brekkie, told his 40,000 Twitter followers that Ulbricht’s NFT art was beyond inspiring.

“Ross’s artwork is beautiful and his perspective on life, despite everything, is beyond inspiring,” Brekkie tweeted. “I hope that he will one day be able to enjoy the freedom so many of us take for granted every day. Yes, I oppose the ethereum et all, but we are all human, Ross more so .”

On Saturday December 4, 2021, Ulbricht’s clemency petition hosted on change.org is 42,833 signatures away from reaching a half million signatures.

The ‘Free Ross DAO’ Contender

In addition to the bid by “@toxicbitcoinmaxi” on Superrare, Ulbricht’s NFT collection could be purchased by the Pleasrdao project that plans to fractionalize the artwork.

“Ross Ulbricht founded Silk Road, introduced hundreds of thousands to crypto, and received a disproportionate prison sentence of two lifetimes plus 40 years,” the Pleasrdao’s “Free Ross DAO” initiative explains. Today we stand in solidarity with Ross and raise funds to purchase his Genesis Collection. We also protest the injustices of American prison system .

At the time of writing, the “Free Ross DAO” has collectively raised 1,042 ETH or $4.2 million in USD value. The manifesto of the autonomous decentralized organization states that “We will Free Ross.” We will promote prison reform. We will share Ross’s work with the world and give everyone a unique opportunity to own a piece of it.” Ulbricht too has said that he hoped to lend a hand to his fellow prisoners, and his “art is one way” he can help.

What do you think about the Ross Ulbricht Genesis NFT Collection auction? Please comment below to let us know your thoughts on this topic.

Image Credits: Shutterstock, Pixabay, Wiki Commons, Ross Ulbricht NFT Collection,

Disclaimer: This article is for informational purposes only. This article is not intended to be a solicitation or offer to buy or sell any products or services. Bitcoin.com does not provide investment, tax, legal, or accounting advice. The author and the company are not responsible for any loss or damage resulting from or in connection to the content, goods, or services discussed in this article.

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