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Wu-Tang Clan’s “Once Upon a Time in Shaolin” could have an earlier release date thanks to non-fungible token (NFT) collective PleasrDAO. In 2015, the legendary Hip-Hop group auctioned off only one physical copy of their seventh studio album, and former “pharma bro” Martin Shkreli reportedly bought it for $2 million, according to The New York Times. PleasrDAO then acquired the album for $4 million in 2021 from the U.S. government after Shkreli was convicted of securities fraud. Previously, Wu-Tang Clan’s sales contract with Shkreli stated that “Once Upon a Time in Shaolin” was prohibited from being publicly released until Oct. 8, 2103, which was 88 years into the future. However, the album isn’t as inaccessible now. The New York Times reports that on June 13, PleasrDAO started giving listeners access to a five-minute sampler of an encrypted digital version, an NFT, for $1 in addition to fees. The collective stated it was part of an experiment and posed the question: “Do people still...
Three founders combined their backgrounds to launch an innovative technology platform that’s attracting the likes of Savannah and Bronny James.
Remember when rapper Mike Jones had everyone singing, “Back then they didn’t want me. Now I’m hot; they all on me?” If there were a reverse meaning to this lyric in object form, it would be the popularity of NFT collections. Several months ago, non-fungible tokens (NFT) were all the rave. Almost every week, there was an announcement about a different influencer or organization turning their product or experience into an NFT. And while some financial experts predicted the depreciation of some NFTs, many didn’t think they would plummet in value as quickly as they did.
Athletes across the spectrum have been heavily involved in their communities for some time — from Lebron James founding I Promise School to Serena Williams investing in the next generation of tennis players. There is no shortage of Black athletes dedicated to ensuring that youth are equipped with the tools to be successful, and New Orleans Saints linebacker Demario Davis is not one to be left out of the conversation. In a culture where parts of society suggest athletes “shut up and play,” sports players like Davis ignore that jargon and invest valuable time and resources into the communities that matter to them. Through a partnership with New Orleans, Louisiana’s Youth Empowerment Project (YEP), Davis led a three-day workshop as a part of a summer program. Courtesy of the Youth Empowerment Project
Luxury brand Tiffany & Co. is ready to ride the non-fungible token (NFT) wave. The company announced the launch of NFTiffs in a bold move to reach young and wealthy collectors. The collection will be available through CryptoPunks — one of the early pioneers of NFT collections — on Friday, Aug. 5. To no surprise, NFTiffs’ selling price is quite hefty, as only 250 NFTs will be up for grabs. The selling price is $50,000 (30 ether) and each customer can purchase up to three NFTs. “These clients obviously skew a bit younger than our [classic] client base. It’s an anonymous [population], it’s not like you know who owns what, but what we generally understand is that they are younger and very affluent, a lot of them made large amounts of money in the crypto sphere. People need to understand that a lot of the things in their world are linked to luxury like desirability, scarcity, trends — they understand the ups and downs,” said Tiffany & Co. Executive Vice President for Product and...
Producer Carl Jones has been making waves in animation since the critically acclaimed series, “The Boondocks” hit the airwaves in November 2005. His work in the space has evolved over the years, but one thing has remained consistent — Jones’ commitment to remaining true to himself throughout it all. What’s more, he has even stepped away from deals that wanted him to change his approach to his art. View this post on Instagram A post shared by The Boondocks (@boondocksbootleg)
LimeWire is back for good. LimeWire_is_back_for_good.mp3 #LimeWire returns in full power, with high-profile #NFT drops from the world’s best-selling artists. Don’t miss out on all exclusive drops. Register now: https://t.co/4Vf39XgF7w #digitalcollectibles #web3 pic.twitter.com/pGI4oF7dur — LimeWire (@limewire) July 7, 2022
Diddy and Caresha had the world reconsidering relationship goals this week, but none of that hoopla stopped the next batch of investors from checking out what non-fungible tokens (NFTs) are new to the market. Investors, look no further. AfroTech is back with another roundup of NFTs that we believe are worth checking out.
Fresh off her match at the French Open, Coco Gauff is giving her fans more to look forward to with the launch of her new non-fungible token (NFT) collection with Autograph. As AfroTech previously told you, the Tom Brady-backed platform connects brands and high-profile individuals in sports, entertainment, and culture. The platform has already welcomed Naomi Osaka, Simone Biles, and Usain Bolt and now, Gauff is taking a seat at the table.
Snoop Dogg is crip walking all across every industry as he builds his music portfolio. Snoop Dogg Crip Walk GIF from Snoop Dogg GIFs From acquiring Death Row Records to making investments in Klarna, Snoop Dogg is putting the world on notice that there is no limit to his business pursuits. New to the list of his assets is the world’s first NFT restaurant group.