Nfts

Wu-Tang Clan’s Once Upon a Time in Shaolin released as NFT

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“It’s time to bring music to the people”

June 13, 2024 | 12:10 p.m. ET

Digital arts collective PleasrDAO has done the inevitable by publishing Wu-Tang Clanthe legendary album of Once upon a time in Shaolin as an NFT.

The album is available for the equivalent of US$1 here. According to DecryptPleasrDAO has only acquired the rights to 16 of the album’s 31 tracks and will “share increasingly larger tracks from this curated library with buyers of the encrypted album over time.”

According to the original contract created by the Wu-Tang Clan, the owners of Once Upon a Time in Shaolin were prohibited from commercially exploiting the album until 2103. However, PleasrDAO negotiated with the group and producer Cilvaringz during of the last six months.

PleaseDAO announced their plans for Once Upon a Time in Shaolin on Wednesday June 12 after having been obtained a temporary restraining order against former owner Martin Shkreli for copying the album and playing it online without permission.

“It’s time to bring music to the people,” PleasrDAO wrote. “Pleasr worked secretly with the original artists and producer to release Once Upon a Time in Shaolin to the public. Tomorrow we will invite you [to] join us in this quest. Faithful to its historical origins, it will not be a normal album sale but an artistic experience.

Earlier this week, PleasrDAO filed a lawsuit against Shkreli for live-streaming Once Upon a Time in Shaolin several times since. the group acquired the album in 2021. Judge Pamela Chen has since temporarily barred Shkreli from streaming or releasing copies of the album, saying PleasrDAO is “likely to succeed on the merits” of the suit “or to raise very serious questions regarding the merits of the forfeiture order, violations of the Defense of Trade Secrets Act.

From Saturday June 15, Once Upon a Time in Shaolin will take place played to the public as part of an exhibition at the Australian Museum of Old and New Art.

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