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."