NFT collector group buys Wu-Tang Clan album

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A group of NFT collectors has paid $4 million to purchase the only copy of a one-of-a-kind album by the rap group Wu-Tang Clan.

A non-fungible token is a digital object -- a drawing, animation, piece of music, photo, or video -- with a certificate of authenticity created by blockchain technology.

The album was previously owned by Martin Shkreli, a disgraced executive sentenced to prison for fraud, and sold at auction in July as part of a deal to settle his debt to the US government. The buyer was kept secret until this week, when PleasrDAO, a group of New York NFT collectors, announced it had purchased the only copy of"Once Upon a Time in Shaolin".

According to US media reports earlier this week, retweeted by PleasrDAO's Twitter account, the group paid $4 million for the two-disc, 31-track album. They are known among NFT collectors for having acquired digital works by US whistleblower Edward Snowden and the Russian dissident feminist punk band Pussy Riot."Although we are bound by the legal agreement underpinning this work of art and may not be able to duplicate and share the music digitally," PleasrDAO said on its website,"we firmly believe there are ways to share this musical masterpiece with the world.

 

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That is so hype!

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𝐈 𝐬𝐭𝐚𝐫𝐭𝐞𝐝 𝐞𝐚𝐫𝐧𝐢𝐧𝐠 𝐭𝐡𝐞 𝐝𝐚𝐲 𝐈 𝐭𝐨𝐨𝐤 𝐭𝐡𝐞 𝐜𝐨𝐮𝐫𝐚𝐠𝐞 𝐭𝐨 𝐠𝐢𝐯𝐞 𝐚 𝐭𝐫ial with Renee_tasker 𝐚𝐧𝐝 ever since then I have not had any issues of scam all thanks to Renee_tasker 𝐬𝐮𝐜𝐜𝐞𝐬𝐬𝐟𝐮𝐥 𝐰𝐢𝐭𝐡𝐝𝐫𝐚𝐰𝐚𝐥.

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