Draft:PleasrDAO (2)

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).

Background
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. The auction took place on Zora (NFT Marketplace).

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. 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). The acquisition supported the Freedom of the Press Foundation, with Snowden serving as president.