got a new owner, it also gained a new layer of complexity. What was a resolutely physical product — the album comes in an ornate silver box accompanied by a leather-bound booklet — has sprouted a digital component:deed of ownership. This means the buyer of the album will be memorialized in the blockchain-verse.
But the saga continues. A quick history: A Wu-Tang obsessive named Tarik “Cilvaringz” Azzougarh gradually works his way into the periphery of the famous Nineties hip-hop group and hits on the idea of recording a single copy of an album and limiting its uses. At a time when almost all music was instantly available for free,was going to be nearly impossible to hear.
6 Agency has been working with Cilvaringz since March, helping to brainstorm the album’s NFT addition and oversee the sale within the crypto community. Despite the fame of, finding buyers was no easy feat. “That was a concern; is anyone going to buy it now that Shkreli’s got it?” Bozorgmehr acknowledges.
He sees the Staten Island ensemble as the platonic ideal of “a group fighting against an unfair system.” “They’re kind of the OG DAO — they bonded together to form a collective more powerful than any individual had on their own,” he says. And Johnson also believes that Wu-Tang’s attempt to say “fuck these middlemen for taking all the money that should be going to the artists perfectly aligns with the ethos of crypto.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Facebook to pay $14 mn in US worker discrimination suitFacebook has agreed to pay up to $14 million to settle a US government lawsuit accusing the tech giant of favoring immigrant applicants for thousands of high-paying jobs, authorities announced Tuesday.
Source: YahooNews - 🏆 380. / 59 Read more »
Credit Suisse to Pay $475 Million, Admits Defrauding Investors to Settle Mozambique ChargesCredit Suisse agreed to pay $475 million and forgive $200 million Mozambique owes to investors in coordinated settlements with U.S. and European authorities over loans the bank made in the country
Source: WSJ - 🏆 98. / 63 Read more »
Credit Suisse to pay $475 million to resolve Mozambique scandal charges, U.S. saysThe Zurich-based bank faced charges centered on its role in a $2 billion scandal involving government-guaranteed loans. I am working daily, hustling to get the shot done as it isn't so simple to achieve that so called financial freedom, it takes a lot of dedication, patience and consistency, All thanks to Mrs Dereck0111
Source: CNBC - 🏆 12. / 72 Read more »
James Jordan melts hearts with baby Ella's adorable Halloween costumeHalloween is fast approaching, and former Strictly star James Jordan melted his fans' hearts as he revealed his daughter Ella's adorable costume
Source: hellomag - 🏆 24. / 68 Read more »
Bill Gates Owns One Of Leonardo Da Vinci’s Manuscripts. Here’s How Much It’s Worth.In 1994 Gates paid $30.8 million for it. But what is it worth today? Oh dad, quit showing out. nice $30.8 million + a gallon of gas?
Source: Forbes - 🏆 394. / 53 Read more »
Washington State football coach Nick Rolovich fired for not getting COVID vaccineWashington State head football coach Nick Rolovich has been terminated from his position due to his lack of compliance with the state’s COVID-19 vaccine mandate. As of Oct. 4, about 92% of state workers were in compliance with the mandate. Big burly man afraid of small needle WSU didn't fire him, he fired HIMSELF. How wish all traders are like LindaStouffes there won’t be any loss of money because I and so many of my friends traded with her and got our profit, thanks once again LindaStouffes
Source: MarketWatch - 🏆 3. / 97 Read more »