PleasrDAO Releases Secret Wu-Tang Album | Leighton Cusack & Matt Metkov
Bankless
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4.8 • 1.1K Ratings
🗓️ 27 June 2024
⏱️ 44 minutes
🧾️ Download transcript
Summary
David is joined by Leighton Cusack and Matt Metkov, two members of PleasrDAO, the organization that owns and is releasing the Wu-Tang Album.
The Wu-Tang Clan created a unique album, “Once Upon a Time in Shaolin,” to combat music’s devaluation in the digital age. It was bought by Martin Shkreli in 2015, who later lost it due to a fraud conviction. In 2021, PleasrDAO, a crypto collective, purchased the album to restore its value and make it accessible to the public, promoting fairer digital ownership in the Web3 era.
Hear how you can own the most exclusive music album and help support the movement.
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TIMESTAMPS
0:00 Intro
9:09 What’s Special About This Album?
11:13 One-Off Event Or New Path For Artists?
14:24 Music Scenario: 2014 vs. Now?
17:41 Music Renting VS Collecting/Ownership
22:25 How To Own The Album?
26:47 Rights & Collaboration
28:07 Rethinking Music Distribution
31:02 Magnitude Of Album Release
32:47 Why Crypto People Should Care?
34:56 David On The Album Songs
38:05 Where To Own The Album?
40:16 Sales & Record-Breaking Week
43:48 Closing & Disclosures
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RESOURCES
Mint Here
https://thealbum.com
Leighton
https://x.com/lay2000lbs
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Not financial or tax advice. See our investment disclosures here:
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Transcript
Click on a timestamp to play from that location
| 0:00.0 | Welcome to Bankless, where we explored the frontier of cultural artifacts with deep mainstream |
| 0:10.3 | lore being tokenized on Ethereum. |
| 0:12.4 | Ethereum enables the future of ownership and the music industry has slowly been losing the concept of user-owned |
| 0:19.2 | music ever since the rise of digitization and the internet. |
| 0:23.0 | Today on Bankless, we explore a story that began in 2014 with the Wu-Tain Clan, |
| 0:27.5 | and that same story which continues to this day |
| 0:30.0 | with the tokenization of a real world artifact on ethereal |
| 0:34.0 | which is positioned to become the most owned |
| 0:36.8 | but least listened to piece of music ever created. |
| 0:40.0 | Bankless Nation, the Wooteng Clan formed |
| 0:42.0 | in Staten Island, New York, |
| 0:43.1 | in the early 1990s, and is considered |
| 0:45.6 | one of the greatest rap groups of all time, |
| 0:47.6 | whose influence upon the world extends far beyond the music |
| 0:50.6 | that they created. |
| 0:51.2 | The Wutain Clan is known for their raw gritty sound |
| 0:53.5 | and the lyrical diversity from their 10 different members |
| 0:56.0 | who also had their own independent careers on their own. |
| 0:59.2 | The Wu-Tain Clan grew in popularity |
| 1:00.8 | along the rise of the increasing digitization, commoditization, and marginalization |
| 1:05.3 | of music as an artistic form factor. |
| 1:08.4 | Music as an art, and unlike other forms of art that are out there, truly suffered from the rise of digitization and the growth of the internet. |
... |
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