Ross Ulbricht, the previous operator of early darknet bitcoin market Silk Road, will likely be auctioning a group of 4 unique oil work and an animation consisting of 318 hand-drawn frames at Bitcoin 2022. He created the collection, referred to as “The Growth Collection,” as he continues to serve a double-life sentence plus forty years in federal jail for his function in Silk Road.
“Human Blockchain – Series 1, Block 6” by Ross Ulbricht. All photos sourced from FreeRoss.org.
The oil work and animation can have 5 corresponding non-fungible tokens (NFTs) and certificates of authenticity minted on the Bitcoin blockchain by the Counterparty protocol. The items will likely be auctioned by Lightning Network-focused platform Scarce.City.
“The artwork’s data and proof of ownership will be stored and secured by the Bitcoin blockchain using the Counterparty protocol,” in accordance to a launch shared with Bitcoin Magazine. “The artworks will be auctioned for bitcoin using Scarce.City’s Bitcoin and Lightning Network native auction platform.”
The Counterparty protocol was launched in 2014 and leverages its personal token, XCP, which was initially issued by sending 2,140 BTC to a provably unspendable Bitcoin handle, thus “burning” these bitcoin and, in a way, transferring their worth into the XCP.
The NFTs have been minted on April 5, the honorary “birthday” of Bitcoin’s pseudonymous founder Satoshi Nakamoto. The public sale is open from April 6 to 8 through Scarce.City. The animation and oil work are being displayed at Bitcoin 2022’s onsite artwork gallery.
Ulbricht created the gathering whereas serving his ninth 12 months in jail, using a lightbox made from a Tupperware containing and studying gentle, and sketching a plant day-after-day to seize its development from seed to sprout.
“I’m working my fingers to the bone on these art pieces for Bitcoin 2022,” Ubricht wrote in a tweet. “The most time consuming is the animation. No computers in prison. I have to draw every frame by hand.”
“Human Blockchain – Series 1, Block 7” by Ross Ulbricht. All photos sourced from FreeRoss.org.
Silk Road nonetheless represents one in all Bitcoin’s most widely-used and notorious use instances and plenty of within the house see Ulbricht’s sentencing as unfair for a first-time, non-violent offender.
Bitcoin 2022 is a part of the Bitcoin Event Series hosted by BTC Inc, the mum or dad firm of Bitcoin Magazine.
