NFT collector group buys one-of-a-kind Wu-Tang Clan album | Arts

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NFT collector group buys one-of-a-kind Wu-Tang Clan album | Arts
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A group of NFT collectors has paid $4 million to purchase the only copy of a one-of-a-kind album by the rap group Wu-Tang Clan. | arts24_sa

A non-fungible token is a digital object - a drawing, animation, piece of music, photo, or video - with a certificate of authenticity created by blockchain technology.

The album was previously owned by Martin Shkreli, a disgraced executive sentenced to prison for fraud, and sold at auction in July as part of a deal to settle his debt to the US government. The buyer was kept secret until this week, when PleasrDAO, a group of New York NFT collectors, announced it had purchased the only copy ofAccording to US media reports earlier this week, retweeted by PleasrDAO's Twitter account, the group paid $4 million for the two-disc, 31-track album.

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