The US Government Sold a Wu-Tang Album to a DAO for $4M

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This episode is sponsored by NYDIG.

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On right this moment’s “Long Reads Sunday,” NLW tells the story of PleasrDAO shopping for a one-of-a-kind hip hop album, and what it implies that the U.S. authorities is interacting with this new kind of collective. He additionally reads:

How to Do Business as a DAO

Thread: DAOs as Changing the Fate of the Species

See additionally: Martin Shkreli’s Wu-Tang Clan Album Now Belongs to a DAO

“The Breakdown” is written, produced by and options NLW, with modifying by Rob Mitchell and extra manufacturing help by Eleanor Pahl. Adam B. Levine is our government producer and our theme music is “Countdown” by Neon Beach. The music you heard right this moment behind our sponsor is “Tidal Wave” by BRASKO. Image credit score: Michael Hurcomb/Corbis Entertainment/Getty Images, modified by CoinDesk.