Wu-Tang Clan’s Once Upon a Time in Shaolin album released as $1 NFT – here’s how to buy one

Want to own a piece of rap history for just $1? Digital art collective PleasrDAO announced the sale of Wu-Tang Clan Once upon a time in Shaolin album in the form of an NFT at $1.

The album, “digitized and encrypted”, can be purchased on www.lalbum.comand features new artwork designed by artist Hassan Rahim.

Buyers who purchase the NFT will have access to a five-minute album sample created by the record’s co-producer, Cilvaringz. Each sale will also increase the album’s original release date of 2103 by 88 seconds, compared to its original decryption date of October 8, 2103.

Users will not need cryptocurrency to purchase the NFTs. According to PleasrDAO, profits from the sale “will go in part to the original Wu-Tang Clan, the album’s producer and the performing artists.”

Once upon a time in Shaolin producers RZA and Cilvaringz spoke about the project [via Pitchfork]. “Mass replication has fundamentally changed the way we perceive a piece of recorded music, while digital universality and the disappearance of physicality have severed our emotional connection to a piece of music as a work of art and deeply personal treasure. »

“This album sale is about more than music,” added PleasrDAO representative Matt Matkov. “It’s about redefining how we think about music ownership and fan collaboration in the digital age.”

Once upon a time in Shaolin was recorded in secret over six years before being completed in 2015. Only one copy of the album was made and it was sold at auction for $2 million to pharmaceutical CEO Martin Shkreli. After Shkreli was convicted of securities fraud in 2018, the The US government seized the album as part of a £5.3 million confiscation order..

In 2021, PleasrDAO purchased the album for $4 million and is working to find ways to share it with the public. To complicate matters, the The company recently filed a lawsuit against Shkreli for allegedly copying and distributing the album online without the band’s permission.. Pleasr argued that Shkreli live-streamed portions of Once upon a time in Shaolin on several occasions, in violation of the initial sales contract, which stipulated that the album could only be commercially exploited in 2103.

Responding to the news about Even though I paid them once, they paid for them twice, and the album sucks.

He also urged the public to “wait for the pirated version”, saying he had played Once upon a time in Shaolin “500 times publicly” since he got it before purchasing Pleasr.

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