Ross Ulbricht NFT Collection Raises Over $6 Million in Ethereum, Free Ross DAO Wins Auction

Ross Ulbricht NFT Collection Raises Over $6 Million in Ethereum, Free Ross DAO Wins Auction

The Ross Ulbricht Genesis non-fungible token (NFT) collection auction has come to an end and the auction winner was the “Free Ross DAO,” backed by the Pleasrdao project. The NFT collection raised 1,446 ether or $6.27 million at the time of settlement.

Free Ross Decentralized Autonomous Organization Wins Ross Ulbricht’s NFT Auction, DAO Plans to Fractionalize NFT Collection

  • Four days ago, Bitcoin.com News reported on the Ross Ulbricht Genesis NFT collection amassing millions of dollars worth of ethereum (ETH) bids on the Superrare NFT marketplace.
  • At the time, there were some very high bids from an individual called “@toxicbitcoinmaxi.” However, the report also explained that the Pleasrdao project also got involved in the bidding war for the collection and formed a decentralized autonomous organization (DAO) called the “Free Ross DAO.”
  • The Free Ross DAO raised 1,446 ETH or $6.27 million at the time of exchange. According to the DAO, the NFT collection will be “fractionalized between the 500 Free Ross DAO contributors.”
  • The NFT collection was an assortment of writings and ten artworks produced by Ross Ulbricht and it includes an animation developed by the NFT artist Levitate. Ulbricht also did the voice-over for the animated work. The NFT collection was curated by Entoptic and proceeds will be handed by the Art4giving fund, and efforts to free Ulbricht.
  • “From the beginning with this NFT, I’ve wanted to help kids travel to see their moms and dads in prison,” Ulbricht said. “But with such high bids, we can now have a real impact on many other important causes as well.”
  • Information concerning Ross Ulbricht’s case can be found at freeross.org and Ulbricht’s clemency petition hosted on change.org is getting awfully close to reaching 500,000 signatures. The petition is 42,014 signatures away from reaching the half-million signature milestone.

What do you think about Ross Ulbricht’s NFT collection fetching more than $6 million in ethereum at the end of the auction? Let us know what you think about this subject in the comments section below.

Beeple’s Latest NFT ‘Human One’ Sells for $29M, Artist Plans to ‘Enhance the Displayed Artwork’ During His Lifetime

Beeple's Latest NFT 'Human One' Sells for $29M, Artist Plans to 'Enhance the Displayed Artwork' During His Lifetime

This year the American artist Michael Winkelmann, otherwise known as Beeple, made history when he sold his non-fungible token (NFT) artwork “Everydays” for $69.3 million on March 11. Beeple’s latest NFT called “Human One” is a life-sized NFT sculpture that sold for $29 million, and the artist will update the NFT during the course of the rest of his existence on earth.

Beeple’s ‘Human One’ NFT Fetches $29 Million, Artist Plans to Update Art Remotely for the Rest of His Life

Beeple is making headlines again after he sold another multi-million dollar non-fungible token (NFT) called “Human One” for $29 million at Christie’s 21st Century Evening Sale. Beeple (whose birth name is Michael Winkelmann) is one of the most well-known NFT artists today because his “Everydays: The First 5,000 Days” NFT sold for $69.3 million. This made Beeple’s artwork one of the most expensive pieces of art in the world and the most costly NFT sold to date.

“Everydays” was sold via a Christie’s auction on March 11, 2021, and Beeple’s latest multi-million-dollar NFT sale was also through the luxury auction house. Beeple’s new art is a life-sized 3D sculpture and an NFT that was minted on October 28, 2021. Christie’s describes it as a “kinetic video sculpture—four video screens (16k resolution), polished aluminum metal, mahogany wood frame, dual media servers; endless video with corresponding dynamic non-fungible token.”

Human One: ‘A Portrait of a Human Born in the Metaverse’

Beeple describes his latest NFT art as “the first portrait of a human born in the metaverse.” The interesting thing about Beeple’s “Human One” is that he aims to change it over the course of his lifetime.

This means that the owner, Ryan Zurrer, and any owners thereafter, may see the “Human One” artwork change to whatever Beeple wants to add. The changes could depend on his mood and could represent something the artist is thinking about.

At the moment, the life-sized 3D sculpture NFT shows an individual in a silver-colored space suit with boots, a helmet, and a backpack. The 21st Century Evening Sale auction of “Human One” ended on November 8, with a realized price of $28,985,000.

“The physical element is designed to continuously display the artwork. Beeple will maintain remote access to the physical element to ensure proper functionality and/or enhance the displayed artwork,” Christie’s concludes. “Beeple warrants that the physical element does not contain any features designed to impair the continuous display of the artwork.”

What do you think about Beeple’s latest “Human One” NFT sale that he plans to update continuously for the rest of his life? Let us know what you think about this subject in the comments section below.