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Wednesday, October 20, 2021

Martin Shkreli's Wu-Tang Clan Album Now Belongs to a DAO - CoinDesk

It makes sense, in a way. NFTs are one-of-one cryptocurrencies attached to media files. Proponents say they encourage a new sort of economic framework for digital art, based around patronage. If an NFT purchase funds an album or artwork, the work can still exist online, for free, while the artist gets paid.

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