what's PleasrDAO?
PleasrDAO is a decentralized autonomous organization (DAO) composed of DeFi leaders, NFT collectors, and artists dedicated to acquiring and stewarding culturally significant digital artworks preserved as NFTs. Founded in March 2021 to collectively purchase pplpleasr's genesis Uniswap V3 NFT, the DAO has expanded to iconic acquisitions like Edward Snowden and Freedom of the Press pieces, Pussy Riot artifacts, Tor Project items, the Wu-Tang Clan's "Once Upon a Time in Shaolin" album NFT, and the original Doge meme. The DAO innovates at the intersection of NFTs, DeFi, and community governance by fractionalizing assets for shared ownership, enabling token holders to participate in treasury decisions and value accrual mechanisms. This structure democratizes access to high-value cultural artifacts while funding related causes and ideas through on-chain memorialization.
PleasrDAO faces significant legal setback with most of Wu-Tang Clan case thrown out, though recent high-profile event with WSJ, Coinbase, a16z, and Wormhole suggests potential major partnerships may be developing.
Links
x.com/pleasrdaoMachi Big Brother withdrew funds from the PleasrDAO Treasury (deposited 5 years ago) to add margin for Hyperliquid trading positions.
A judge has thrown out most of the Wu-Tang Clan case, representing a significant legal setback for the project.
PleasrDAO hosts live event from their studios featuring representatives from WSJ, Coinbase, a16z, and Wormhole, suggesting potential major partnerships or announcements.