Tor’s Upcoming NFT Auction to Let Bidders Own Piece of History

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In Brief
  • Tor announces an NFT auction on May 13.

  • All proceeds will go to the Tor Project.

  • The NFT auction will allow bidders to own a piece of history.

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The Trust Project is an international consortium of news organizations building standards of transparency.

With the non-fungible token (NFT) market cools off, after a frantic first quarter, the internet’s first anonymous decentralized network Tor have announced an NFT auction.

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The release will give bidders the chance to own a piece of history from the early days of the decentralized internet, with all proceeds going to the Tor Project.

The Tor Project is a non-profit organization conducting research into online privacy and anonymity. The original goal of the project was to stop people’s location or browsing habits from being learnt, be that stopping individuals, corporations, or government agencies.

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Owning a piece of history

As is the fame and notoriety of Tor’s onion services, the NFT auction will allow bidders to own a piece of history. For instance, the private cryptographic key used to create Dusk, the earliest Tor onion service, and an art piece generated using this key by artist ixshells.

Executive director of the Tor Project, Isabela Bagueros, said that the project will use proceeds of the auction to improve Tor’s censorship circumvention and privacy tools “so that millions more can access the internet privately and safely.”

Onion services

Set up over fifteen years ago, the Tor Project has been bringing innovative privacy solutions to the internet since in the form of onion services. These are websites which end in “.onion” and they are exclusively accessed through the Tor network. The first of these websites is known as Dusk, or duskgytldkxiuqc6.onion to give it its technical name.

Since its inception, onion services have been home to everyone and anyone, from the likes of Edward Snowden, media organizations, artists, researchers, and notably cryptocurrency traders.

As reported in April, Edward Snowden was selling an NFT titled “Stay Free.” The NFT, a tokenized copy of a court ruling on the NSA’s mass surveillance program, was being sold on the Foundation platform.

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Adam is working in London while studying for a self-paced MicroMasters in Data, Economics and Public Development online with MITx. Before this he studied at Trinity College Dublin where he first became interested in cryptocurrency and blockchain. First writing for a university publication on cryptocurrency in 2015, Adam has been writing about and following the crypto economy ever since.

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