Crypto Bros Bought the ‘OG NFT,’ aka Martin Shkreli’s Wu-Tang Album

Crypto enthusiasts bought the Wu - Tang record album , possibly a haunted amulet whose premature owner Pharma Bro went to prison shortly after he announced that he ’d grease one’s palms it in a $ 2 million troll . Can these dudes deal it ? TheNew York TimesandRolling Stonehave profile . They seem fine .

One copy of the two - platter , 31 - runway record album Once Upon a clip in Shaolin was pressed and case in a Baroque period bejeweled boxful , and sell with an attached status that it could n’t be commercially released for sales event until 2103 . In 2015 , Pharma Bro Martin Shkreli bought it in an on-line auction and lose it when the Department of Justice seized his assets in 2018 . The album was buy anonymously in July . The buyers , a group predict PleasrDAO , revealed themselves as the buyers today .

Whether it matters or not to collector , it might not be an authorized Wu - Tang album . Bloombergreportedafter the Shkreli sales agreement that it was a clustering of verses accumulate by manufacturer Cilvaringz , who ’d misled contributors into believe they were make his album , and only RZA seemed onboard and aware .

Photo: Amy Harris (AP)

Wu - Tang Clan member say it wasjustokayorit could get fucked .

PleasrDAO , a 74 - member group of collectors and artist , arrogate to be interested in the album for rationality beyond a take on investiture . In their language , they ’ve “ built a formidable yet benevolent repute for assume culturally significant pieces with a charitable twist . ” ( A DAO , a decentralized independent organization , is a cryptocurrency investment fund owned by no one . Members buy - in in rally for tokens which give them balloting power in establish investment decisions ; voting power increases with the investments . ) Their intentions seem pure - ish . They told theNew York Timesthat they be after to toy it at in - someone events and envision perhaps somehow offering the public corporate possession .

They naturally coin an NFT deed of possession and made a gang of association - in to the blockchain which might knead if you hammer it hard enough — the DAO ’s Chief Pleasing Officer nip in some blockchain standoff - Indiana , report it to the Times as the “ OG NFT ” and Wu - Tang as the “ the OG DAO ” etc etc etc and so on . They ’re not threatening to obliterate it in a dormant vent ordestroy it . That ’s good .

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