Bitcoin-related art market Scarce City has launched a collection of BTC token T-shirts in support of Aarika Rhodes’ congressional campaign against outspoken Bitcoin critic Brad Sherman, according to a statement from press shared with Bitcoin Magazine.
“Brad Sherman is Bitcoin’s worst villain and he has significant power as a senior member of the Financial Services Committee,” Scarce City chief executive Chris Tramount said in a statement. “Replacing 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.”
The collection is made up of pro-Rhodes and anti-Sherman designs by Bitcoin artists and meme makers for sale as T-shirts and Bitcoin NFTs through the Counterparty protocol. When a sale is made of an item from the collection, $25 worth of bitcoins at the exchange rate at the time of the transaction will be donated to Rhodes’ campaign to become California’s CA-32 District Representative.
Scarce City leverages bitcoin technologies to support bitcoin culture and adoption by empowering bitcoin creators to shape the future. The integration of Lightning, Bitcoin’s layer 2 protocol for faster and cheaper payments, reduces auction costs and improves the efficiency of its marketplace, where Bitcoin art is auctioned and priced in BTC . Buyers bid online and the artwork is delivered as soon as a winner is selected.
“The company launched its first auction for Chiefmonkey’s ‘Relentless Optimism’ in December 2020 and has since hosted nearly 300 auctions and facilitated over a thousand transactions on the Rare Pepe Market,” according to the statement. “The platform uses low-cost, instant bitcoin transactions enabled by the Lightning Network to under-collateralize auction bids and market listings to hold participants accountable.”
According to the press release, theSame Sherman outsidein support of the Rhodes campaign is Scarce City’s first big push to expand its fixed-price market into physical goods.