Martin Shkreli was accused in a new lawsuit of improperly copying and distributing the one-of-a-kind Wu-Tang Clan album 'Once Upon a Time in Shaolin.'
    • jeffw@lemmy.worldOPM
      82·
      3 months ago

      Wu Tang did NFTs? That’s hilarious and sad

      Edit: would be a lot funnier if there were Wu Tang NFTs

      • dhhyfddehhfyy4673@fedia.io
        161·
        3 months ago

        PleasrDAO, who purchased it from Shkreli, is some sort of NFT group apparently. And they’re suing because they have plans to make money off limited listening events lol

      • moon@lemmy.ml
        9·
        3 months ago

        WuTang didn’t make an NFT. They recorded an album that had no public release, and sold the only existing copy to a single buyer like a painting.

        This was kind of a slap in the face to their fans and what music is, but this was long before NFTs were a thing.

        • ElderWendigo@sh.itjust.works
          3·
          3 months ago

          Who else is betting the album just isn’t very good?

          Either way it feels like Wu-Tang is on the wrong side of the class war on this one. The fine art comparison is bullshit. At least fine art owned by individuals is often showcased for public viewing because everyone knows that a print, photo, or public exhibition is not the same as owning the original.

          I’m sure Wu-Tang thought they were just exploiting the upper class money laundering system for their own gains, but that just makes them court fools, not revolutionaries.

      • JimSamtanko@lemm.ee
        111·
        3 months ago

        Well… consider the source. It’s Wu Tang. Hilarious and sad is kind of their thing.