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A Crypto Company Bought the One-of-a-Kind Wu-Tang Clan Album
Back in July, the Brooklyn US Attorney’s Office announced that they sold the one-of-a-kind Wu-Tang Clan album, Once Upon A Time In Shaolin.
At the time, the buyer and how much that person (or company) paid for the album was not revealed. That changed on Wednesday, October 20th, when it was revealed by the New York Times that a cryptocurrency collective known as PleasrDAO bought the album.
PleasrDAO bought the album for $4 million and took possession on September 10th. They are holding the album in a vault in New York City somewhere. It’s an interesting move for a crypto company to make, but according to PleasrDAO’s Jamis Johnson the move aligns with the company’s ethos of acquiring one-of-one of (mostly digital) items. In fact, Johnson made the comparison to non fungible tokens, saying, “The album itself is kind of the OG NFT.”
https://t.co/mYCMSOZysb pic.twitter.com/q6UBVHxek3
— ✨ PleasrCLAN (@PleasrDAO) October 20, 2021
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