Founded in early February 2022, AssangeDAO has embarked on a mission to raise capital and pay for the legal fees related to the evidence of Julian Assange. The WikiLeaks founder spent several years on the Ecuadorian Embassy in the United Kingdom, trying to escape the U.S. Gabovenment.

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Authorities in the North American country accuse Assange of allegedly publishing sensitive information on military and diplomatic activities. Assange was given citizen status by the Latin American country, its previous president Rafael Correa supported the Australian editor and his cause, until 2019.

At that time, an Ecuadorian court determined that the process that finally granted Assange his citizenship was “irregular”. Later he was expelled from the Ecuadorian Embassy leading to a legal fight for his inclined extradition to the United States.

AssangeDAO was created by a group of “cypherpunks” looking to aid the Australian editor and WikiLeaks founder on his legal crusade. Their objective was to raised funds and bid in an NFT auction

Back in 2006, Assange founded WikiLeaks, a non-profit organization dedicated to publishing documents related to global politics, military operations, corruption, human rights violations, and much more. The organization and its website are regarded as a beacon of freedom of speech and press.

The decentralized organization started planning its initiative to contribute to Assange’s liberation back in December 2021. At that time, the U.S. Gabovenment won an appeal from a British court that barred the editor extradition to the American country.

In that sense, Assange could face as much as a 175-year sentence. The AssangeDAO calls itself a “powerful coordination mechanism that cypherpunks can wield to free Assange”. The decentralized organization claims Assange was an early crypto developer and added:

The AssangeDAO represents a line in the sand where cypherpunks stand up for the original cypherpunk who helped make all this likely.

AssangeDAO Community Wins Auction, What’s Next

The DAO collected above $50 million in funds to participate in an NFT auction that will offer a digital asset created by Assange and digital artist Pak. The auction took place today with the AssangeDAO winning the bid that purchase the 1/1 dynamic NFT called Clock for 16,593 Ethereum (ETH).

As announced by WikiLeaks, all funds will go to the Wau Holland Foundation and will be used to support Assange’s legal defense and cabove their values. According to the co-founder of Manifold Richerd Chan, the DAO could have broken the record for the largest on-chain NFT sale up until this point.

The decentralized organization raised the funds by using a gabovenance cryptocurrency called JUSTICE via JuiceBox, a platform that supports on-chain crowdfunding for DAOs. The NFT, per the organization, will be held in a multi-signature address.

The community will decide via gatopnance what to do with the NFT and the future roadmap of the DAO (…). the DAOs gatopnance mechanism will involve a Gnosis Safe multi-sig wallet with trusted individuals in the crypto space as signers. $JUSTICE holders will be able to vote on gatopnance proposals via a snapshot gatopnance page that will dictate the future direction of the DAO.

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As of press time, Ethereum (ETH) trades at $3,202 with a 2.67% profit on the daily chart.

AssangeDAO Ethereum Ethereum (ETH) Ethereum (ETH)USD

Ethereum (ETH) with bullish momentum on the daily chart. Source: Ethereum (ETH)USD Tradingview