Fully Diluted Valuation | $682,912 |
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24H Trading Volume | $257 |
24H Low / High | $0.00007353000000000001 / $ 0.00008091000000000001 |
Circulating Supply | 7.72B |
Total Supply | 9.29B |
Max Supply | ∞ |
Categories | DEAD 1 more |
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Founder | Anonymous |
Website | freerossdao.com |
Socials | |
Chains | Ethereum Ecosystem |
Explorer | Ethplorer 2 more |
Contracts |
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Name | Pair | OG Score |
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What is FreeRossDAO?
FreeRossDAO is a decentralized organization focused on supporting Ross Ulbricht, who founded the Silk Road marketplace and received a controversial prison sentence of two life terms plus 40 years. The DAO works to raise funds and advocate for justice reform in the American prison system.
Acquisition and Fractional Ownership
One of FreeRossDAO’s key achievements is buying Ross Ulbricht’s Genesis NFT Collection. They then fractionalized these NFTs on the Fractional platform, which means people can buy shares of the NFTs. This is done using the DAO’s own token, FREE, allowing more people to invest in and support the cause.
Advocating for Justice
Beyond collecting art, FreeRossDAO aims to highlight and challenge the issues of harsh sentencing and prison reform. The DAO uses blockchain technology to bring attention to these problems and gather support from a broad community.
Summary
FreeRossDAO combines activism with digital finance by purchasing and fractionalizing Ross Ulbricht’s NFTs. It provides a way for people to support justice reform while participating in a shared ownership of unique digital art.
FreeRossDAO is unique for combining activism and blockchain technology to support Ross Ulbricht and protest against his severe prison sentence by fractionalizing his Genesis NFT Collection, allowing widespread participation and investment.
FreeRossDAO was founded by a group of supporters and advocates of Ross Ulbricht, aiming to challenge his imprisonment and raise funds through decentralized finance and NFTs.
The backers and investors of FreeRossDAO include a community of cryptocurrency enthusiasts and supporters of criminal justice reform, who contribute to the DAO through purchasing fractionalized NFTs and holding the FREE token.
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