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29 March 2024
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Silk Road Founder’s NFTs to be Sold with Novel FreeRossDAO


New decentralized autonomous organization launches to fight for clemency for Ross Ulbricht

Shortly after the release of the inaugural non-fungible token collection by Ross Ulbricht, PleasrDAO launches a special decentralized autonomous organization to distribute his artwork and to coordinate the campaign for his freedom.

From NFTs to prison reform: What is FreeRossDAO?

PleasrDAO, a community of top-tier DeFi and NFT leaders (its members include Su Zhu, Rober Leshner and Stani Kulechov), announces a unique initiative.

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Its team launches FreeRossDAO, a community focused on the promotion of non-fungible tokens by Ross Ulbricht, funding the campaign for his clemency and advocating prison reform in the U.S:

FreeRossDAO Manifesto
1. We will Free Ross.
2. We will advance prison reform.
3. We will share Ross’s work with the world and give everyone a unique opportunity to own a piece of it.

PleasrDAO seeded a 240 ETH endowment for FreeRossDAO and will donate another 240 ETH when the amount of funds raised reaches 2,400 ETH.

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With the auction, all artwork by Ross Ulbricht will be fractionalized and distributed to all participants proportionally to their contributions.

The funds of FreeRossDAO will be held in 3/7 multisig with renowned devs and NFT enthusiasts as multi-signers. One of the keys is held by Nadezhda Tolokonnikova of Pussy Riot, a Russian political activist and former prisoner of conscience.

“Huge moral booster for him”

Yesterday, on Dec. 1, Ross Ulbricht released his first NFT drop, “Genesis Collection,” on the SuperRare platform; by press time, the highest bid exceeds $1.2 million.

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One of Mr. Ulbricht’s friends shared the information about the DAO launch with the prisoner:

Thank you all for your support. I talked to Ross tonight and it’s a huge morale booster for him.

Ross Ulbrict was arrested in 2013 and sentenced to a double lifetime penalty for conspiracy to traffic in narcotics, conspiracy in computer hacking, money laundering and so on.

At the same time, he is a man and a myth in the global crypto community as he was among the first to demonstrate the real disruptive power of digital assets economics.

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