![]() ![]() The group have - predictably - minted an NFT to serve as the ownership deed for the album, splitting it collectively between all 74 members. It appears the American government chose to sell on the coveted Wu-Tang LP, as the NYT has today revealed the new owners to be PleasrDAO - a group who describe themselves as “a collective of DeFi leaders, early NFT collectors and digital artists.” ![]() However, the LP was seized by the US government after Shrkeli was convicted of fraud and found himself unable to stump up the $7.4m in forfeitures demanded by the courts. The album initially sold at auction in 2015 for $2 million to ‘Pharma Bro’ Martin Shkreli, whose incessant online trolling and egregious, opportunistic price hikes of vital pharmaceutical supplies saw him dubbed ‘the most hated man on the internet’. Recorded in secret over the course of six years, Once Upon a Time in Shaolin was famously limited to a single copy. “I probably won't listen to it for years.” On Twitter, he also wrote, “If there is a curious gap in your favorite artist’s discography, well, now you know why.”īreaking: On the livestream, he’s started a list of bands he’d hire to make “a record that I would pay the artist to release that would be just for me.Wu-Tang Clan’s one-of-a-kind LP Once Upon A Time In Shaolin has been bought by a cryptocurrency collective called PleasrDAO for $4 million, The New York Times reports. ![]() May play something special.” In the time I’ve been tuning in, he’s just played emo metal on Spotify while looking into the camera with an expression that could be used to illustrate the word “smug.” Some of the commenters appear to be Wu-Tang fans, begging him to leak Once Upon a Time in Shaolin or at least play a song. After the news broke he’d bought the album, he tweeted out a YouTube link: “Live streaming. And it quotes him as saying he could be convinced to listen to Shaolin “if Taylor Swift wants to hear it or something like that.” Barring that, he’s saving it “for a rainy day.” T he Bloomberg story mentions that on Twitter, he’d joked about buying Katy Perry’s guitar to get a date with her. When the public anger toward “Pharma Bro” erupted in September, a certain amount of attention went to his dating profiles our James Hamblin offered a close reading of his OK Cupid page, where Shkreli listed his income at more than a million dollars. Remedying loneliness with property is an ongoing part of his narrative. So why buy it? He said he made his final decision once the auction-house representative told him that doing so would give him “the opportunity to rub shoulders with celebrities and rappers who would want to hear it.” He did delegate to an employee the task of confirming that all the songs were there. The Bloomberg Businessweek article that broke the news of Shkreli’s winning bid quotes him as saying he has not yet listened to the album, even though the deal-for a rumored $2 million-closed months ago. He appears to have bought this album in hopes of scoring dates, and for now, he does not seem interested in letting the public hear it. He recently said he wished he’d raised it more. Once Upon a Time in Shaolin has been sold to Martin Shkreli, the 32-year-old pharmaceutical executive who triggered outrage worldwide earlier this year when his company increased the price of a drug used to treat some AIDS sufferers by 5000 percent-from $13.50 to $750 a tablet. ![]()
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