How PleasrDAO bought the rarest album in the world and what happened next 🎧

In 2021, PleasrDAO — a group of collectors and crypto enthusiasts — purchased the only copy of the Wu-Tang Clan album “Once Upon a Time in Shaolin” for $4 million 💵

So, what’s the deal with this album?

• 31 tracks recorded in absolute secrecy over 6 years
• The album was conceived as an art object: a single copy, like a painting in a museum
• The disc was packed in a silver case and kept in a safe in Marrakech, like a treasure
• The album can’t be released officially until 2103
• Only private listening sessions for a select few — as stated in the contract

Originally, the album belonged to the controversial pharma mogul Martin Shkreli, who was convicted of fraud. After his arrest, the album was seized and put up for sale 🏷

Fun fact: PleasrDAO made an actual contract with the U.S. Department of Justice to buy the album — a unique instance of a DAO interacting with a government agency on such a level 🏛

So why did PleasrDAO do this?

They didn’t just buy the album as a collectible. Their goal is to liberate the music for the community, holding exclusive listening sessions and sharing snippets with fans. Soon, they plan to tokenize the rights to the album, making it accessible to a broader audience through blockchain 👥

Today, PleasrDAO is gathering the rarest artifacts of the Web3 era and rethinking who should own art in this new digital age. This case is yet another confirmation that DAOs can change the game in many different fields 😎

XDAO for the fam:
TREASURY 👛

We’re launching a new series where we’ll regularly explain DAO-related terms in simple language!

The treasury is the shared crypto wallet of a DAO, where all community funds are stored — from member contributions to revenue generated by the DAO’s activities

Think of it as a shared safe that only works when everyone agrees. No single member can spend money from the treasury on their own. First, someone needs to propose an idea — for example, allocating 500 TON to promote the project. Then, a vote takes place. If the majority supports the proposal, the funds are automatically transferred as intended. If not, they stay put 💵

All transactions are visible on the blockchain, meaning anyone can check where the money went and who voted for what — at any time

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The first tournament is starting in just a few days! Details coming soon 🏆

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Team up and climb to the top of the leaderboard 💪

Is DAO industry gaining momentum? 📈

One of the most prominent crypto investment funds, a16z, highlights Decentralized Autonomous Organizations (DAOs) as one of the key growth areas for the crypto market in 2025 — alongside AI, stablecoins, and asset tokenization. Andreessen Horowitz (a16z) hints that 2025 will be a pivotal year for DAOs, while Paradigm emphasizes that such projects are “the foundation of the future internet” 🌐

Many of the world’s leading investment firms have already poured tens of millions of dollars into developing DAOs — not just as a concept, but as real technological infrastructure for the future

📌 Just in the past few months:

1️⃣ Pantera Capital invested $7M in Radius — a project building tech to help DAOs become more financially sustainable

2️⃣ Andreessen Horowitz and Standard Crypto invested $140M in Walrus — a decentralized data storage platform based on DAO principles

3️⃣ Union Square Ventures and CoinFund invested $7.6M in Pluralis — a project that combines DAOs and AI to enable collaborative community governance

4️⃣ Specialized fund daos.fun allocated $6.9M to Eido Labs — a startup helping communities manage budgets more effectively using AI and DAO mechanics

According to Cryptorank, over $4.8B has been invested in the crypto industry since the start of the year — with a significant portion going into DAO development as one of the sector’s top priorities 💵

What does this mean? Major funds aren’t just “interested” in DAOs — they’re actively backing them with serious capital. The technology is evolving from an experiment into a strategic priority for venture capital and the next generation of crypto infrastructure 🆕

We see everything. All shady Syndicates (bots, fake activity, etc.) are getting removed from the leaderboard very soon — time to bring fairness back

Ready for the Syndicate tournaments? 🏆

Better luck next time…