Jenny DAO, a metaverse organization that offers fractional ownership of NFTs, has acquired the first NFT, an original song by DJs Steve Aoki and 3LAU.
The collaboration between Steve Aoki and 3LAU is the pair’s first collaboration and the first NFT to debut on Jenny DAO.
Justin Blau (3blau), a prolific DJ who dropped out of business school, recently turned to NFTs, making $11.7 million in his first NFT drop in March of this year. Blau had this to say about his partnership with friends Steve Aoki and 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 metaverse organization’s recent announcement follows a strong $7 million funding round led by renowned venture capitalists Multicoin Money, Ascensive Assets, Animoca Brands, and Metapurse.
Members of the DAO would supervise the purchasing of the NFTs, and the Unicly protocol’s smart contracts will monitor the vault into which these NFTs will be placed. Jenny token holders will decide when the NFTs will be issued.
Aoki and Blau’s NFT is appropriately named “jenny,” a reference to the DAO. Peiter Hergert, a visual artist and motion designer, has worked on display at the NFT. Jae Chung, Project Director, had the following to say about the collaboration:
“The Jenny DAO members are 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 are amazing, and we’re glad that we could help bring it to existence. We hope to make some of the unique NFTs in the world accessible to everyone through the DAO.”