Prisoned Silk Road founder causes an uproar with NFT drop

Ross Ulbricht, founder of the vanished dark web brand Silk Road, has made a fuss by announcing that he will be auctioning off his series of nonfungible tokens (NFT) from December. 2.

The prisoner early Bitcoin adopter announced through his supporter operated Twitter account on Dec. 1 his plans to auction off the Ross Ulbricht Genesis Collection at December’s Superare NFT Marketplace. 2-8. The collection consists of 11 artworks Ulbricht made by hand, then his supporters coins in NFT form.

The art was created in various stages of Ulbricht’s life from childhood to his time in prison. The early works depict cartoon characters and animals, while the later works depict scenes from his trial and inner feelings he has had since imprisonment.

Proceeds from the auction will help fund a trust to support Ulbricht’s efforts to get out of jail. Funds will also help launch the donor-advised charitable fund Art4Giving, which is “dedicated to alleviating the suffering of prisoners and their families.”

Ulbricht has been a controversial figure in the crypto space since he was sentenced to two life terms in federal prison in October. 2015 for operating the Silk Road Marketplace. Silk Road opened on the dark web in February. 2011 and allowed users to buy almost anything with Bitcoin (BTC), including illegal substances.

Ross Ulbricht Perspective from The Ross Ulbricht Genesis Collection of NFTs.

The announcement caused a blizzard of conflicting comments from people on social media, some against Ulbricht’s decision, but mostly in support of his case.

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One skeptical commentator, founder of bullbitcoin.com @francispouliot said that although he supports Ulbricht, “the fact that the insane and immoral NFT ponzi is now fully normalized is deeply troubling.” Other Bitcoin maximalists also took exception to the whole concept of NFTs @vladenhawk “I can tolerate the creation of international drug and arms markets. But NFTS is where I draw the line.”

Crypto Cobain, high-profile host of UpOnly TV, pointed out in support that while some Bitcoin maximalists may be against Ulbricht minting NFTs, he was instrumental in generating early Bitcoin adoption.


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