PleasrDAO is a decentralized autonomous organization (DAO) with a focus on the collective acquisition and curation of digital art through the fractionalization of non-fungible tokens (NFTs).[1][2]

Background

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On June 9, 2021, PleasrDAO purchased an NFT tied to an image of the Doge meme for over 1,696.9 ETH (over $4 million) in an auction organized by Atsuko Sato, the owner of the dog from the meme image.[3]The auction took place on Zora (NFT Marketplace).[4]

The company purchased Wu-Tang Clan's album Once Upon a Time in Shaolin for $4 million from the federal government to satisfy a judgement against its previous owner, Martin Shkreli.[1] PleasrDAO said they hoped to make it more widely accessible.

On April 16, 2021, PleasrDAO acquired Edward Snowden's Stay Free NFT for 2,224 ETH (approximately $5.5 million).[5] The acquisition supported the Freedom of the Press Foundation, with Snowden serving as president.[5]

References

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  1. ^ a b Sisario, Ben (20 October 2021). "Meet the New Owners of the Wu-Tang Clan's One-of-a-Kind Album". The New York Times.
  2. ^ "Iconic 'Doge' meme NFT breaks record, selling for $4 million". NBC News. 2021-06-11. Retrieved 2023-12-20.
  3. ^ Locke, Taylor (2021-09-01). "The original 'Doge' meme sold as an NFT for $4 million–now you can own a piece of it for less than $1". CNBC. Retrieved 2023-12-20.
  4. ^ "The most expensive meme NFT ever sold will be auctioned off in 17 billion pieces tonight". Business Insider. Retrieved 2023-12-20.
  5. ^ a b Chen, Min (2023-01-12). "Whistleblowers Edward Snowden and Daniel Ellsberg Drop a Collaborative NFT to Benefit Press Freedom". Artnet News. Retrieved 2023-12-20.

Category:Decentralized autonomous organizations Category:Ethereum tokens Category:2021 establishments