The Decentralized Autonomous Organization (DAO) supporting Wikileaks founder Julian Assange’s legal plight has concluded its raise, generating a whooping 17,422 Ether (ETH) worth roughly $53.7 million.
As previously reported by Cointelegraph, the AssangeDAO intends to use the fund to bid on a one-of-one NFT from a drop called “Censored” by digital artist Pak in collaboration with Assange. The proceeds of the sale will go towards Assange’s defense fund and additional awareness campaigns as he fights extradition to the U.S. this month.
Assange has been languishing in a U.K. jail for the past three years, with U.S. prosecutors seeking to try him on espionage charges. Supporters say that Assange is a whistleblower, journalist and publisher.
BREAKING: Almost US $55m ($54.2m/ 17,422 ETH) raised by over 10,000 @AssangeDAO contributors in defense of #WikiLeaks publisher Julian Assange at end of funding cycle
Fund now available for bidding on the @muratpak
‘Clock’ auction:https://t.co/d0vHsPWhkA
— WikiLeaks (@wikileaks) February 8, 2022
At the time of writing, Pak and Assange’s “One Thousand Thirty Four” one-of-one NFT has a current top bid of 4,242.42 Ether ($13 million) with the auction set to close later today. The NFT collection was launched on Feb. 7, which was also the deadline for Assange’s lawyers to plead their case against his extradition.
The Assange DAO’s $53.7 million figure marks the largest ever raise from a DAO using the community funding hosting platform Juicebox, ousting the widely popular ConstitutionDAO which raised $49 million from the community in late 2021 to bid on a copy of the 1st edition print copy of the United States Constitution.
More than 10,000 people backed the fundraiser, showing strong support for Assange and the values around transparency that he and Wikileaks stands for.
Just contributed 10 ETH to @AssangeDAO.
It is a disgrace for our society that exposing war crimes condemns you to rot in prison. pic.twitter.com/ZNWUTVuRFe
— Martin Köppelmann (@koeppelmann) February 4, 2022
Pak spoke to Artnet earlier this week, and outlined that Assange’s cause was precisely what they were looking for as the message behind their latest drop:
“I am in love with creating different mechanisms to communicate my messages. For ‘Censored,’ the drop needed a good reason to exist and Julian was just the perfect fit.”
“The biggest message is censored as usual,” they added.
Related:Wonderland’s treasury saga exposes the fragility of DAO projects today
The Censored drop also includes an open edition with unlimited mints within a specific time frame, and Pak stated that the proceeds will be donated to “information freedom, digital privacy, education, health, and human and animal rights” organizations.
“In other words, everything that is censored eventually returns to the people,” they said.
AssangeDAO is planning to bid on an NFT collaboration between Julian Assange and Pak.
Proceeds from the auction sale will go toward helping Assange fight extradition to the U.S.
AssangeDAO contributors will receive governance tokens allowing them to vote on what the DAO will do with the NFT if it wins the auction.
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The funds raised from the NFT sale will go toward Assange’s legal fees.
AssangeDAO to Bid on Pak NFT
Another DAO is raising funds to bid on NFTs.
AssangeDAO has announced its plans to bid on a one-off NFT collaboration between Julian Assange and Pak in an effort to help the Wikileaks founder fight extradition to the United States.
The pseudonymous crypto artist Pak, whose previous NFT project Merge sold for a combined $91.8 million in December, announced their new project via Twitter last week. Titled Censored, the work consists of two parts: a dynamic one-of-a-kind NFT that will be put up for auction, and an open edition that Pak said would be “for you all to participate.” The auction goes live on Feb. 7, with more details due to be released closer to the start date. The funds raised from Censored’s sales will go toward Assange’s legal fees.
Assange has been accused on 18 counts relating to WikiLeaks’ release of sensitive documents that revealed wrongdoing and double-dealing by U.S. federal agencies. The Wikileaks founder could face a 175-year sentence if extradited to the United States.
AssangeDAO formed the day after the United States won its appeal of a British court ruling that barred Assange’s extradition. The DAO states that it’s run by “cypherpunks seeking to free Assange from the legacy justice system” and intends to raise capital to cover Assange’s legal fees. To achieve this goal, the DAO is raising money to bid on Censored.
The DAO will accept contributions in Ethereum through JuiceBox. Those who donate will receive a proportional amount of the DAO’s governance token, JUSTICE, which will allow them to vote on what the DAO does with the Censored NFT if it wins the auction. If the DAO does not win the auction, all funds will be returned to the users via JuiceBox minus gas fees.
The DAO’s structure is similar to that of ConstitutionDAO, which raised funds to bid on a copy of the U.S Constitution but was ultimately unsuccessful. ConstitutionDAO was criticized for using Ethereum mainnet to solicit donations, as the high gas fees on the network made refunds for smaller contributions infeasible. As AssangeDAO plans to use the same method to solicit and refund donations, it could face similar issues if it fails to win the Pak NFT.
AssangeDAO is not the first DAO to raise money to fight against perceived injustice in the court system. At the beginning of December, FreeRossDAO was formed to bid on NFT artwork created by Silk Road founder Ross Ulbricht. Like the Assange-Pak collaboration, proceeds from Ulbricht’s NFT sale are going toward overturning his current conviction, which would see him serve a minimum of 70 years behind bars.
Disclosure: At the time of writing this feature, the author owned ETH and several other cryptocurrencies.
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The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information.
You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities.
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A collaborative NFT project from belagued Wikileaks founder Julian Assange and pseudonymous digital artist Pak is set to drop next week.
Assange has been confined in a London prison since April 2019 after his asylum status in the Ecuadorian embassy of London was terminated. The following month he was indicted on 17 counts of espionage in the Eastern District Court of Virginia relating to classified documents he published on Wikileaks.
His legal team is currently fighting an extradition case which could see him face the charges in the United States and spend the rest of his life behind bars.
The project with Pak — who generated a whopping $91.8 million last year on Nifty Gateway last year from his project dubbed the “The Merge” — is set to come out on Monday, coinciding with the deadline for Assange’s legal team to plead its case.
The name of the NFT drop is called “Censored” and refers to Assange’s journalistic history of reporting on classified material relating to corruption, crime, war and spying. It is unclear if the proceeds from the sale will go towards supporting Assange, or whether it is purely focused on bringing attention to such a highly monumental day.
“Censored” reminded me of why I designed the open edition mechanism in the first place.
…to reach.
— Pak (@muratpak) February 2, 2022
Unlike Wikileaks in which private information is freely shared with the public, specific details of the project such as pricing, the content depicted in the NFTs and the platform used for the sales have not been revealed. However, it will involve a one-of-one up for auction and an open edition open to anyone.
In late Jan, Wikileaks provided a hint, sharing an image on Twitter that reads “one thousand” which could suggest how many open edition NFTs there will be.
Censored is a collaboration with Julian Assange.
It’s about you.
It consists of two parts, a dynamic 1/1 and a dynamic open edition, for you all to participate.
It will be here on February 7th. https://t.co/QvKlk3oIs8
— Pak (@muratpak) January 30, 2022
Decentralized application (DApp) focused data aggregator DappRader has earmarked the project as something to keep a keen eye on, noting in a Tuesday blog post that:
“This collaboration makes a lot of sense. Pak is among the most revolutionary artists of the day. At the same time, Assange aims to shine a light on international affairs and political problems through WikiLeaks.”
“Details about the contents and ideas of the Censored collection have not been revealed. However, considering the two partners in crime, it will definitely attract attention,” the post added.
Related:Grammy-winner John Legend launches new music and art NFT platform
Assange is not the first controversial figure to flock to NFTs to shine a light on a cause. Cointelegraph reported in December that Ross Ulbricht, the founder of the dark web marketplace the Silk Road, generated $6.2 million via the auction of his first NFT.
The NFT depicting Ulbricht’s original hand-drawn artwork was purchased by the FreeRossDao, a decentralized autonomous organization set up to help free Ulbricht from imprisonment.
Wikipedia editors have removed NFT art by Pak from the site’s list of most expensive artworks by living artists.
Editors state that they made the change because the work was sold fractionally and because of a lack of secondary sources.
The decision has caused uproar in the NFT community with many prominent figures arguing against the move.
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Wikipedia doesn’t want to acknowledge NFTs as art. Join Crypto Briefing as we dive into the reasons behind the controversial decision and the reactions and counterarguments from the NFT community.
Wikipedia Fades NFT Art
A fierce debate is raging in the depths of Wikipedia’s countless articles and stubs.
Editors of the world’s premier online encyclopaedia have weighed in on whether NFT artworks such as Beeple’sEverydays: The First 5,000 Daysand Pak’s Mergeshould be included on the site’s list of most expensive auctioned artworks by living artists.
Beeple, the pseudonym of digital artist Mike Winkelmann, put NFTs on the mainstream map in March 2021 after his collagicEverydays: The First 5,000 Dayssold for $69.34 million in a Christie’s auction. More recently, Pak, another digital artist credited for having given Beeple his first primer on selling NFTs, broke his pupil’s record when he sold an NFT artwork calledMerge for a combined $91.8 million through digital art auction platform Nifty Gateway.
“Merge” by Pak (Source: Nifty Gateway)
Although both Beeple and Pak are widely recognized as digital artists, there is much debate over whether their NFTs should be viewed as art. “I think they should not. NFTs have their own list,” said one editor who goes by the name jonas. Several more editors agreed, citing a lack of secondary sources and the fact that not all NFTs that exist are being sold as art.
Others have pushed back. One user posting under the pseudonym Hocus00 highlighted that several major publications such as The Wall Street Journal, The New York Times, and Forbes have all referenced Beeple’s NFT sale as the third most expensive work from a living artist ever sold at auction. As editors have frequently pointed out during the discussion, Wikipedia’s entries should aim to be based on multiple corroborating sources, not the personal opinions of its contributors.
Some users approached the issue from a more fundamental perspective. “If we agree Beeple and Pak are artists, why would their sales not count on this list?” wrote an editor who identifies as Pmmccurdy. “I don’t understand the logic here.”
However, as the conversation progressed, the posts became more and more opinionated. Newer contributions to the discussion resembled heavily charged tirades. One user called FibrielSolaer wrote:
“Purchasing via NFT is not in any way purchasing art; purchasing NFT is pretending to purchase art. NFT is a trendy new scam that targets people who are unable to tell reality from ideals, such as young children.”
The crux of the argument against NFT artworks looks to come down to how the underlying technology functions. Several editors have taken issue with the fact that lines of code on a blockchain that represent digital ownership are not the same as the artwork they represent. Additionally, many NFT artworks are solely digital, without a corresponding physical copy. This also seems a point of contention that some contributors think rules NFTs out from being “true” artworks.
After weeks of posting, five out of six editors discussing the issue reached a consensus; Beeple’s Everydayswould stay on Wikipedia’s list of most expensive artworks by living artists but with a caveat. Editors have attached a note describing the sale as “a promotion to increase the value of Ethereum.” However, Pak’s Mergewould be axed, mainly because the only source currently citing the sale as NFT artwork was Nifty Gateway, and because it achieved such a high value by being sold in fractions to multiple buyers. Buyers could purchase tokens starting at a unit price of $575, which increased by $25 every six hours. It is worth noting that the visuals for Merge are generated on-chain, making the technology behind the piece integral to it.
To the NFT community’s biggest enthusiasts, the decisions surrounding Beeple’s and Pak’s work seem arbitrary. While editors continue to dispute the minute details surrounding NFTs, one message has cropped up repeatedly: Wikipedia should not be deciding what counts as art or not—it’s up to the public to decide.
Public Reactions to Wikipedia’s Call
Believe it or not, refusing to accept new forms of artistic expression as “true” art is not a new phenomenon. The pseudonymous Twitter user @punk6529, who’s become something of a thought leader in the NFT space, pointed out that NFTs could be the next in a long line of emerging art forms to be disregarded by existing artists. They said:
“If you have read even the slightest bit of art history, there is a standard pattern that every new artistic movement is declared “not art” by the incumbents.”
In the 19th Century, Impressionist artists the world lauds over today, such as Renoir and Manet, were frequently seen as amateurs by both art critics and the public. This refractory attitude to new forms of artistic expression didn’t end with Impressionism; over the next two centuries, nearly every major art movement, from Kandinsky’s surrealism to Pollock’s abstract expressionism, was initially written off and separated from pre-existing conceptions of art.
Another NFT collector who goes by the name @nfttank compared the work of prominent NFT artist XCOPY to contemporary modern artists whose work is currently classed as art by Wikipedia.
Find the only piece that @Wikipedia voted as “not art”.@XCOPYART pic.twitter.com/hzx7iwL1wb
— Tank (@nfttank) January 21, 2022
Among the line-up is Marcel Duchamp’sFountain, an inverted white urinal first created in 1917. Ironically, while Fountainis now widely recognized as a major landmark in 20th Century art, it was somewhat predictably snubbed at the time of its creation.
When comparing the attitudes toward Duchamp’s art over 100 years ago and NFTs today, there are striking similarities. Both occupy a new medium that was not traditionally considered art. Duchamp used everyday items, while NFT artists use blockchains.
Additionally, Duchamp’s art was initially only understood by those with a deep appreciation of the contemporary art world of the time. Likewise, the most ardent supporters of NFTs often possess extensive knowledge of blockchain technology that the average person is not familiar with.
While many have pointed out the hypocrisy of Wikipedia’s rulings, others have highlighted the potential negative effects of separating NFTs from art. Nifty Gateway co-founder Duncan Cock Foster took to Twitter following the Wikipedia editors’ decision to express his thoughts, stating:
“Wikipedia works off of precedent. If NFTs are classified as ‘not art’ on this page, then they will be classified as ‘not art’ on the rest of Wikipedia. Wikipedia is the global source of truth for many around the world. The stakes couldn’t be higher!”
In the past, while critics often snubbed emerging art forms, the evaluation of any one person was not definitive. This allowed others in the art world to change minds with sound arguments. Over time, the attitudes toward these art forms became less conservative, resulting in their eventual acceptance.
However, in the case of Wikipedia, the online encyclopaedia prides itself on being a source of authoritative knowledge. If editors are willing to set a precedent on such a subjective matter, it could do years worth of damage to artists exploring NFTs as a new medium for art.
Fortunately, it appears that the uproar from the NFT community has not gone unheard. Wikipedia editors have agreed to revisit the conversation over whether NFTs should be classed as art later, leaving the door open to further discussion.
Disclosure: At the time of writing this feature, the author owned ETH and several other cryptocurrencies.
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The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information.
You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities.
See full terms and conditions.
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A group of editors on Wikipedia, the free user generated encyclopedia, have voted against classifying NFTs as a form of art and have come to a consensus to shelve the issue until a later date.
A survey and debate started on the platform at the end of December revolving around the most expensive art sales by living artists and whether NFT art sales should be deemed as “art sales” or “NFT sales.”
“Wikipedia really can’t be in the business of deciding what counts as art or not, which is why putting NFTs, art or not, in their own list makes things a lot simpler,” editor “jonas” wrote.
Much of the discussion centered on whether an NFT represented the art or if it was simply a token that was separate to the underlying art. The editors were torn on the definitions and some felt that there was a lack of reliable information to conclude from.
A call for votes found five editors opposed to including NFTs in art sales and just one in support. A consensus was made on Jan. 12 to remove sales such as Pak’s NFT collection that fetched $91 million and Beeple’s $69 million NFT from the top art sales list, and re-open the discussion at a later date.
The decision seems contentious when looking at Beeple’s NFT “Everydays: The First 5000 Days” in particular, which depicts a collage of original artworks from a renowned digital artist that sold at the prestigious Christie’s art auction house last year in March. The New York Times also described Beeple as the “third highest selling artist” alive at the time.
According to Wikipedia’s guidelines, neither unaminty or a vote is required to form a consensus. To reach a decision, the consensus must factor in all participating editor’s legitimate concerns that fall within the platform’s policies.
What do Wikipedia editors know anyway?
However, the consensus position didn’t go down well with the sole NFT supporting editor “Pmmccurdy” who argued:
“How can we have a consensus when, from the start, I have argued in support of including NFTs on this list. The overwhelming evidence from secondary sources places NFT art as art and thus worthy of inclusion on this list.”
“If we agree Beeple and Pak are artists, why would their sales not count on this list? I don’t understand the logic here,” they added.
Editor “SiliconRed” responded that the consensus they were reading was that: “NFTs should be removed from this list for now with the intention to re-open discussion at a later date. To my understanding, this incorporates all concerns, including yours.”
Related:Wiki contributors want to drop crypto donations over environmental concerns
NFT proponents such as Nifty Gateway co-founder Griffin Cock Foster were irked by the issue, noting on Twitter earlier today that:
“This is pretty messed up to see – Wikipedia mods are trying to say that *no* NFT can be art — as in, if it’s an NFT, it can’t be classified as art.”
Foster’s twin brother Duncan also chimed in, labeling it an “Art Emergency” as he called the community into action via a post that was re-tweeted by Gemini co-founder Tyler Winklevoss.
“Wikipedia works off of precedent. If NFTs are classified as ‘not art’ on this page, then they will be classified as ‘not art’ on the rest of Wikipedia. Wikipedia is the global source of truth for many around the world. The stakes couldn’t be higher!” he said
Art Emergency!!
There is a debate happening rn on @Wikipedia that has the potential to * officially categorize NFTs as ‘not art’ on all of Wikipedia. *
Wikipedia is a global source of truth. Having NFTs categorized as ‘not art’ would be a disaster!
:
— Duncan Cock Foster (@DCCockFoster) January 12, 2022
Everipedia, a decentralized Web3 equivalent of Wikipedia, responded to the platform by comparing its approach to NFTs and art:
“Everipedia editors have created over 100 pages on
#NFT collections while Wikipedia is moving to mark NFTs as “not art” across their platform. It’s time for NFT projects to move to Everipedia $IQ, a Web 3.0 encyclopedia which supports art and innovation.”
This isn’t the first time Wikipedia has had issues with reporting crypto-related information. Cointelegraph reported in September 2020 that anti-crypto activist and senior Wikipedia editor David Gerard helped remove an entry relating to Australian blockchain software firm Power Ledger.
Gerard stated the post was deleted on the “basis of being a pile of press-release churnalism, and the only genuine press coverage was about how Power Ledger was a scam,” despite the entry being sourced from reputable publications such as TechCrunch and The Economic Times.
Sotheby’s has announced a collaboration with NFT artist Pak.
A series of unique pieces and open editions will go on sale next month, with “some other surprises” planned in the meantime.
Pak is the latest digital artist to appear in a world-famous auction house after Beeple’s historic Christie’s sale.
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After Beeple’s landmark Christie’s auction, NFTs are headed to Sotheby’s.
Pak Heads to Sotheby’s
Sotheby’s has announced its first NFT sale.
The 276-year-old auction house will showcase a collection by digital artist Pak this April. Sotheby’s announced the collaboration on its website and Twitter page alongside Pak.
Charles Stewart, CEO at Sotheby’s, also discussed the upcoming event on CNBC this morning.
New this morning: @Sotheby’s announces upcoming sale with anonymous digital artist PAK
“It’s still very early with crypto art in general,” says CEO Charles Stewart on #NFTs. “This has the potential to bypass a lot of the traditional gatekeepers.” pic.twitter.com/D0F4pppkmT
— Squawk Box (@SquawkCNBC) March 16, 2021
Stewart told CNBC:
“We wanted our first [NFT] sale, as a market leader, to be with one of the most established artists, which is why we’ve chosen to collaborate with Pak”
He added that there’s “a lot [in crypto art] that’s really exciting and that we think has staying power.”
The NFT space has blown up this year, with digital artists, celebrities, musicians, sports players, and more embracing the technology as a way of tokenizing their work on Ethereum. Last week, Beeple shook the traditional art world when his “Everydays: The First 5,000 Days” NFT sold for $69.34 million at Christie’s. The historic sale made him the third most valuable auctioned living artist.
The Pak collection will feature one-of-a-kind items, like Beeple’s “Everydays: The First 5,000 Days” piece. Additionally, there’ll be a series of open editions that allow multiple fans to purchase the same piece and “some other surprises” coming over the next few weeks.
Pak is one of the digital art space’s cult favorites, known for their highly distinctive monochrome style. They’re also one of the scene’s most mysterious figures; their true identity is unknown.
Metarift pic.twitter.com/go1L3a2L06
— Pak (@muratpak) March 14, 2021
In the CNBC interview, Stewart said that he thought the state of pseudonymity many crypto artists favor could be “a bit disruptive” in the art space.
The sale goes live sometime in April, though full details are yet to be revealed.
Disclosure: At the time of writing, the author of this feature owned ETH and several other cryptocurrencies.
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The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information.
You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities.
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