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Jenny DAO Acquires Its First NFT - An Original Song By Steve Aoki and 3LAU


cryptodaily.co.uk 18 May 2021 18:34, UTC
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Jenny DAO, the metaverse organisation that provides fractional ownership of NFTs, has  acquired its first NFT in the form of an original song by DJs Steve Aoki and 3LAU. 

The collaboration between Steve Aoki and 3LAU is their first collaboration for the pair, as well as being the first NFT to launch on Jenny DAO.

Justin Blau (3blau), a business school dropout turned successful DJ recently turned his hand to NFTs, making $11.7 million in his first NFT drop in March this year. Blau commented on the collaboration with his friend Steve Aoki ad Jenny DAO:

"Steve Aoki & I have been friends for years; as our mutual excitement surrounding NFTs grew, we thought it would be a truly unique opportunity to tokenize a 1/1 exclusive song - our first collaboration ever! We were both ecstatic to create this piece for Jenny DAO, featuring visuals from my friend Peiter Hergert and a surprise computer generated vocal sample, celebrating the launch of the DAO and the future of fractionalized NFT ownership!" 

The recent announcement by the metaverse organization follows on from a successful funding round of $7 million in a pool led by renowned venture capitalists Multicoin Capital, Ascensive Assets, Animoca Brands, and Metapurse.

Members of the DAO will be able to oversee the purchase of the NFTs and Unicly protocol’s smart contracts control the vault where these NFTs will be added. Releasing the NFTs will be determined by the Jenny token holders. 

The NFT by Aoki and Blau is aptly titled “jenny” - a nod to the DAO. The NFT features work by digital artist and motion designer Peiter Hergert. Here’s what Project lead Jae Chung had to say on the collaboration: 

"The Jenny DAO members are really excited to have Steve Aoki and 3LAU's first collab song as the first NFT in our collection. The music and visuals for this NFT is absolutely amazing, and we're glad that we could help bring it to existence. We hope to make some of the most unique NFTs in the world accessible to everyone through the DAO." 

Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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