# Wu-Tang's Renaissance *Author: Bankless* *Published: Jun 14, 2024* *Source: https://www.bankless.com/fr/wu-tang-renaissance* --- [![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/06/Frame-50488--1--1--1-.png)](https://nft.kraken.com/?utm_source=newsletter&utm_medium=influencer&utm_campaign=2024_q2_nft_global_bankless_nft_newsletter_acq&utm_content=link) Wu-Tang's Renaissance Published on June 14, 2024 [ View in Browser ](https://www.bankless.com/metaversal) --- [**Sponsor: Kraken NFT**](https://nft.kraken.com/?utm_source=newsletter&utm_medium=influencer&utm_campaign=2024_q2_nft_global_bankless_nft_newsletter_acq&utm_content=link) — Kraken NFT is built for secure NFT trading. [Explore Kraken NFT](https://nft.kraken.com/?utm_source=newsletter&utm_medium=influencer&utm_campaign=2024_q2_nft_global_bankless_nft_newsletter_acq&utm_content=link) .  .  . NFT ROUNDUP Wu-Tang's Renaissance ![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/06/image---2024-06-13T222138.506.png)**This week's big news? Collector collective PleasrDAO transformed the legendary *Once Upon a Time in Shaolin* album by hip hop collective Wu-Tang Clan into a digitized, encrypted NFT. ** The record, originally made in secret over 6 years and released as a single physical copy, became the most expensive work of music ever sold when Martin "Pharma Bro" Shkreli purchased it for $2M in 2015. The album, purchased by Pleasr from the U.S. Department of Justice for $4M in 2021 to cover Shkreli's legal debts, was originally slated to be sealed until 2103. Thanks to [Pleasr's new collab](https://x.com/PleasrDAO/status/1801293668956950692) with Wu-Tang Clan, though, [anyone can now purchase a $1 NFT on Base](https://www.thealbum.com/) that grants access to an album sampler and advances the album’s public release by 88 seconds at a time, aiming for a crowdsourced full release long before 2103. Why's this drop a big deal? Because it's a bold experiment in onchain music distribution. It challenges and riffs on traditional notions of music ownership and access, while allowing fans to directly participate in the release process toward a new kind of collective ownership. Also, while sentiments around DAOs lately seem to be at all-time lows, this experiment exemplifies how onchain collectives are still viable and can be impactful in the real world. All that said, Pleasr's initiative is not just about sharing a unique piece of music history but also about pioneering new pathways for digital collaboration and community-driven projects. It's worth applauding and tracking closely accordingly! ### **📰 General news** - **Blast** conducted [its 5th Gold distribution](https://x.com/Blast_L2/status/1801027887950070193) - **Bonfire** intro'd [Season Passes](https://x.com/bonfire_tweets/status/1800577996493045827) - **Enjoy** opened [Season 1 airdrop claims](https://x.com/enjoytech_/status/1800912221981286579) - **Magic Eden** released [new Solana features](https://x.com/MagicEden/status/1800979788032565282) - **Nouns **is approaching [$1B worth of lifetime bid volume](https://x.com/JoelCares_/status/1800909345661808806) - **Zapper **unveiled [Zapper Protocol, an onchain context protocol](https://x.com/zapper_fi/status/1801289672796070134)[ ](https://twitter.com/punksOTC/status/1798093880711155918) ### **🎨 Cryptoart & music** - **Rutherford Chang** auctioned [*CENTS Block 839969* for +$50k at Christie's](https://onlineonly.christies.com/s/beyond-screen/rutherford-chang-b-1979-10/224213?ldp_breadcrumb=back) - **Zora** has seen [~200k minters through the first two weeks of June 2024](https://x.com/js_horne/status/1801325835204558890) ### **🏆 Digital collectibles** - **ApeCoin DAO** is considering [The Banana Bill, a 100M $APE development fund for the ApeChain ecosystem](https://x.com/Waabam_eth/status/1801410184209961225) - **Floor** unveiled [*BASED MODE* by YON, minting unlocks a calendar of Onchain Summer events](https://x.com/base/status/1800197140196765932) - **Moonbirds** unveiled [its 2.0 art update](https://x.com/moonbirds/status/1800989309023158480) - **Petra Voice** released [Babes, an AI art PFP collection, on Foundation](https://babes.foundation.app/) ### **🎮 Decentralized gaming** - **Axie Infinity **kicked off [Origins Season 9](https://x.com/AxieInfinity/status/1800778425017516433) - **Fren Pet** partnered [with Floor for the new Floor dApp Launcher release](https://x.com/frenpetonbase/status/1800974516593516675) - **Nouns Esports** intro'd [Nexus, a new community funding portal](https://x.com/nounsesports/status/1800267603807494326) - **rug.fun** released [the first game of its new v2 system](https://x.com/rugdotfun/status/1801285374033158465) - **Uniswap Labs** acquired [Crypto: The Game](https://www.bankless.com/uniswap-crypto-the-game), which is [on the ballot for a 2024 Emmy nomination in Emerging Media](https://x.com/WPeaster/status/1801443597818151167) ### **📱 Onchain social** - **Farcaster** added [support for casts up to 1,024 characters](https://warpcast.com/v/0xa7d4896d) - **spinamp **added [support for sharing song collects on Lens apps](https://x.com/spin_amp/status/1800987592244220292) ### **🪙 NFTfi ** - **GONDI** reached [+8k ETH worth of outstanding loans](https://x.com/gondixyz/status/1800593317123735934) - **NFTfi.com** settled [+$12M worth of loans in May 2024](https://x.com/NFTfi/status/1800587037252399285) ### **🌐 Virtual worlds** - **Decentraland** announced [an updated list of DCLGX Game Jam winners](https://x.com/decentraland/status/1799135078171165073) ---