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How much did NFT collectors pay for Wu-Tang Clan album?
Members of the Wu-Tang Clan perform at a music festival in California, US. File photo: Invision via AP A group of NFT collectors has paid US$4 million to purchase the only copy of a one-of-a-kind album by the rap group Wu-Tang Clan.Who owns Wu-Tang Clan's Once Upon a Time in Shaolin?
The legendary one-of-a-kind Wu-Tang Clan album Once Upon a Time in Shaolinhas a new owner, and they’ve finally stepped forward. PleasrDAO, one of many Digital Autonomous Organizations created in the wake of the 2021 NFT bullrun, announced Oct. 20 that it struck a deal with the U.S. governmenton July 15, 2021, and obtained the album for $4 million.What is the Wu-Tang Clan's Mystique?
(For more backstory, consult Bozorgmehr’s The Untold Story of the Wu-Tang Clan’s Million-Dollar Secret Album, the Devaluation of Music, and America’s New Public Enemy No. 1, which captures behind-the-scenes minutiae in purple prose: “Mystique is a profoundly powerful veil — a psychic aphrodisiac whispering a siren call.”)Did pleasrdao save the Wu Tang album from a dark fate?
PleasrDAO rescued the Wu Tang album from a dark fate, and now it’s an NFT! “Once Upon A Time In Shaolin” is the seventh studio album from American hip hop group Wu-Tang Clan. Incredibly, they only made a single copy upon its release in 2015. Apparently, the project is the most expensive work of music ever sold.