Silk Roads lead to nonfungile tokens
Bidding for a 1/1 nonfungible token (NFT) auction created by imprisoned Silk Road founder Ross Ulbricht has surpassed 261 Ether (ETH), $1.17 million at the time of writing.
The NFT depicts a hand-drawn illustration from Ulbricht of a psychedelic eye and is part of a collection of writings and nine other artworks he created, some while in prison, that is included as part of the NFT sale. The auction kicked off on Thursday, which is Day 1 of the Art Basil Miami art fair and is being hosted by SuperRare.