Bitcoin-related artwork marketplace Scarce City has launched a collection of BTC tokenized T-shirts to support Aarika Rhodesâ congressional campaign against Brad Sherman, a vocal critic of Bitcoin, according to a press release shared with Bitcoin Magazine.
Image via Scarce City
âBrad Sherman is Bitcoinâs worst villain and he has significant power as a senior member of the Financial Services Committee,â said Scarce Cityâs chief executive pleb, Chris Tramount, in a statement. âReplacing him with Bitcoin-proponent Aarika Rhodes would directly enable Bitcoin-friendly legislation and communicate the influence of the Bitcoin community to politicians around the world.â
The collection is composed of pro-Rhodes and anti-Sherman designs by Bitcoin artists and meme makers to be sold as T-shirts and Bitcoin NFTs through the Counterparty protocol. When a sale is made of any item in the collection, $25 worth of bitcoin according to the exchange rate at the time of transaction will be donated to Rhodesâ campaign to become the congresswoman of Californiaâs district CA-32.
Scarce City leverages Bitcoin technologies to support Bitcoin culture and adoption by enabling Bitcoin creators to shape the future. The integration of Lightning, Bitcoinâs layer-2 protocol for faster and cheaper payments, decreases auction costs and improves efficiency in its marketplace, where Bitcoin art is auctioned and priced in BTC. Buyers bid online, and the art is delivered as soon as a winner is selected.
âThe company debuted its first auction for Chiefmonkeyâs âRelentless Optimismâ in December 2020 and has since run nearly 300 auctions and facilitated over one thousand Rare Pepe marketplace transactions,â per the release. âThe platform uses low-fee, instant bitcoin transactions made possible by the Lightning Network to under-collateralize auction bids and marketplace listings to keep participants accountable.â
According to the release, the âMeme Sherman Outâ collection in support of Rhodesâ campaign is Scarce Cityâs first major push to expand their fixed-price marketplace into physical merchandise.
Image via Scarce City