Author: Ubros; Translator: 0xjs@Golden Finance
On January 23, 2025, US President Trump fulfilled his campaign promise and pardoned Ross Ulbricht, the founder of Silk Road. Do you still remember FreeRossDao, which was born in the process of rescuing Ross Ulbricht? This article reviews the development history and future prospects of FreeRossDao.
2021: The Birth of FreeRossDao
In 2021, FreeRossDao ($FREE) came into being. As a decentralized autonomous organization (DAO), its mission is to fight for Ross Ulbricht's freedom through blockchain and encryption technology, and to draw the world's attention to important issues such as freedom, decentralization and digital human rights. Ross Ulbricht is the founder of Silk Road and was sentenced to life imprisonment for allegedly creating a Bitcoin market. FreeRossDao was created to help Ross gain freedom by supporting cryptocurrency and decentralized technology.
FreeRossDao was initiated by PleasrDAO, a collective of DeFi leaders, early NFT collectors, and digital artists. The organization includes well-known figures such as Su Zhu (founder of Three Arrows Capital), Robert Leshner (founder of Compound), Stani Kulechov (founder of Aave), etc. A core action of FreeRossDao is to purchase Ross's Genesis NFTs and become the main holder of the "Free" token, while promoting the concept of decentralization and freedom. A16Z, a world-renowned venture capital firm, also announced its investment in PleasrDAO at the beginning of the project, further enhancing the strength and exposure of FreeRossDao.
Ross's family also played an important role in this, especially his mother Lyn Ulbricht, who is not only an advisor to FreeRossDao, but also provides legal and emotional support for the project. All these efforts have brought together the power of the crypto community and the concept of decentralization.
2023: Market Cooling and Project Stagnation
Although FreeRossDao received widespread attention in 2021, as the crypto market entered a bear market, the project gradually faced problems of tight funds and depleted resources. Internal and external challenges also gradually cooled the project. In 2023, due to the sluggish market and the emergence of some sensitive issues, FreeRossDao announced the suspension of operations and the temporary dissolution of the project. The Ross case continues to cause discussion in society, but FreeRossDao's goals seem to have not been achieved.
2024: Trump's Promise and FreeRossDao's Rebound
In 2024, Trump once again raised the issue of pardoning Ross in public and said that if he was successfully re-elected, he would fulfill this promise. This statement triggered a heated response from the market, and the price of FreeRossDao's token $FREE once soared. Trump's promise has once again attracted attention to FreeRossDao, and many investors and community members believe that this may be a good opportunity for the project to revive. However, as Trump's successful election became a question, the popularity of FreeRossDao quickly faded and fell into silence again. 2025: Trump fulfilled his promise, but FreeRossDao suffered a sharp drop On January 20, 2025, Trump was successfully re-elected and fulfilled his promise to pardon Ross. This historic moment undoubtedly brought hope to Ross's family and cheered the global crypto community. However, surprisingly, FreeRossDao's token $FREE did not usher in the expected rise, but instead plummeted. The market's reaction to the "good news" was complicated. Many people believed that the project's mission had been completed and the value of FreeRossDao seemed to be gradually exhausted.
Perhaps because the market generally believes that Trump's amnesty promise has been fulfilled and FreeRossDao's mission has been completed, some investors have lost confidence in continuing to hold. The sharp drop in the token exposes how FreeRossDao is easily affected by market sentiment in the absence of sustained action.
The historical significance and spiritual value of FreeRossDao
Although FreeRossDao has experienced fluctuations in the market, its historical significance and spiritual value cannot be ignored. FreeRossDao is not just a project to fight for Ross's freedom, it also represents the global pursuit of core values such as freedom, decentralization, and privacy protection. The existence of FreeRossDao proves the great potential of decentralized organizations (DAO) in promoting social justice and defending human rights.
However, as we can see, the future of FreeRossDao is not certain. The project's spiritual value, brand IP and commitment to freedom may still have a far-reaching impact in the future, but whether it can inspire more attention and support requires FreeRossDao to find a new development direction and core positioning.
Ross and his family's views on FreeRossDao
Ross's family, including his mother Lyn Ulbricht, have always been grateful to FreeRossDao. Lyn has publicly expressed her support for the project many times and thanked FreeRossDao for its efforts to fight for Ross's freedom. Although FreeRossDao did not directly solve Ross's case, it has sparked widespread discussion on freedom and human rights around the world and provided more exposure for Ross's case. However, with Ross's release finally achieved, will the role of FreeRossDao change? Do Ross and his family still believe that FreeRossDao can continue to contribute to the broader cause of freedom? These questions may still leave doubts in their minds.
Future Outlook: FreeRossDao's Nirvana Rebirth?
FreeRossDao's future is still full of uncertainty. Although its market performance is not as ideal as expected, the concept it represents still has far-reaching potential. As the world's attention to decentralization, freedom and privacy protection continues to increase, FreeRossDao may take this opportunity to refocus on broader social issues and become a representative of the future digital human rights and freedom movement.
But even so, we must ask: Can FreeRossDao find new life from the legacy of history? Can its influence transcend market fluctuations and short-term difficulties and find its true value again?
Conclusion
FreeRossDao's future is still full of challenges and opportunities. It not only represents the great cause of fighting for Ross's freedom, but also symbolizes the global adherence to freedom and human rights. Although the market performance is not ideal in the short term, if FreeRossDao can find its direction again, it may still become a strong brand in the future and continue to promote the concepts of decentralization and freedom.
Whether we can expect the rebirth of FreeRossDao, perhaps only time can give the answer.
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