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How Wu-Tang Clan's USD 4M Album Reflects Crypto Ethos
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cryptonews.comA decentralized autonomous organization (DAO) has acquired arguably the most sought-after record in the modern era — an album by a legendary rap group that reflects the industry's aim to get rid of unnecessary middlemen.
PleasrDAO, a multisig DAO, has purchased the one-of-a-kind Wu-Tang Clan's "Once Upon a Time in Shaolin" album from the US government for USD 4m, the New York Times first reported.
"This is like the OG NFT. The original fight against the middlemen who are rent-seeking. Crypto is the same ethos. Wu-Tang Clan was prescient in understanding that conflict," said Jamis Johnson, Chief Pleasing Officer at PleasrDaO, in a video yesterday.
In an interview with the New York Times, Johnson added that the album was created as some form
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