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.”

READ THE FULL STORY AT OKAYPLAYER

Views: 37

▶ Reply to This

Best guide to hip hop, soul, reggae concerts & events in San Francisco Bay Area, Los Angeles & New York City + music, videos, radio and more

Connect

Bookmark and Share

Subscribe to E-Blast

WIN TICKETS

Ledisi
Sunday, Apr 14 @ Fox Theater, Oakland

Steel Pulse
Thursday, Apr 18 @ UC Theatre, Berkeley

Mario Hodge
Saturday, May 4 @ Moose Lodge, El Sobrante

Featured Content

Did You Know Elvis Presley Was A Music Thief? 10 Times The “King of Rock & Roll” Stole From Black Artists

Celebrate The Life Of Zumbi [A J.PERIOD Tribute Mix]

100 DJs to Follow on Twitch: The Ultimate Guide

Exclusive Interview: DJ QBert Clears the Air After Controversial Tweets [VIDEO]

Bay Area DJ, Lazyboy Wins Redbull 3Style Nationals. Watch His Set Here

GRANDMASTER FLASH BECOMES FIRST DJ TO WIN “NOBEL PRIZE FOR MUSIC”

Producer 3LAU Picks Twitter Battle With Z-Trip About DJing

The Music Industry Is Literally Brainwashing You to Like Bad Pop Songs — Here's How

9 RAPPERS WHO PRETENDED TO BE RICH, BUT WERE ACTUALLY FLAT BROKE

How One Generation Was Single-Handedly Able To Kill The Music Industry

Featured Videos

I GOT QUESTIONS w/ Big Daddy Kane & Ghostface Killah

LL Cool J | Questlove Supreme

High on the Hog | Dr. Jessica B. Harris Interview | Netflix

Debunked! | Top Seven Lies About Gaza

50 Years of Hip-Hop Documentary | The Rise of Dr. Dre, Tupac, Snoop Dogg, Eazy E, and More (Part 1)

Members

Photos

  • Add Photos
  • View All

Groups

Latest Activity

Artistpr posted blog posts
1 hour ago
Editor's Pick posted videos
Thumbnail
Thumbnail
Thumbnail
5 more…
11 hours ago
Editor's Pick posted discussions
2 more…
14 hours ago
A video by Editor's Pick was featured

LL Cool J | Questlove Supreme

Years in the making, LL COOL J sits down with Questlove Supreme for a career-spanning comprehensive interview. The discuss LL's earliest rapping days, his first three albums, and the life and times behind one of Hip-Hop's first superstars. From…
14 hours ago
0 Comments
TEAM BIGGA RANKIN posted a blog post

Spotlight On ResseThaChosen1 New Single "Pop My Sh!*"

ReeseThaChosen1 is an Entrepreneur and American Hip-Hop Artist best known for his hit single "Pop My Sh!*," currently distributed by Krown Records/Atlantic Records. He was born and raised in Detroit, Michigan, but also raised in Atlanta, Georgia.ReeseThaChosen1 is the definition of a self-made independent artist. His Hustle, Grind is second to none, investing every penny and time into his dreams. With a stand-up guy belief system, he pairs street and book smarts to produce excellent music while…See More
21 hours ago
0 Comments
realmuzik posted discussions
yesterday
Editor's Pick posted a video

Tha Dogg Pound, Snoop Dogg - Smoke Up (Official Music Video)

Directed by Snoop Dogg & Dah Dah Stream "Smoke Up" now: https://deathrowrecords.lnk.to/SmokeUpFollow Tha Dogg Poundhttps://www.instagram.com/dazdillinger/htt...
yesterday
0 Comments
Editor's Pick posted discussions
Tuesday
Editor's Pick posted discussions
Monday
realmuzik posted discussions
Monday
Artistpr posted a blog post

A Revolutionary and Resounding Voice in Hip Hop – JEANNA-SIS Drops Debut Album “EYES WIDE OPEN”

An unmatched and inventive Hip Hop prodigy, JEANNA-SIS takes the center stage of Hip Hop, stunning audiences with raw emtoion and talentMoers, NRW, Germany —With the worldwide release of her debut album “EYES WIDE OPEN” on April 19th, 2024, the female Eminem is ready to shake the foundations of the hip hop scene. Through her four singles, including the hits…See More
Monday
0 Comments
Editor's Pick posted discussions
Saturday

© 2024   Created by Ren the Vinyl Archaeologist.   Powered by

Badges  |  Report an Issue  |  Terms of Service