What's the value of millions, plastered on a wall, and it's going to rot? Hint: It's art you can't hang on to for long.
Maurizio Catella's famously taped banana art class, comedian; Found out It fetched an eye-watering $6.24 million, including fees, at Sotheby's Modern Art auction in New York on Wednesday night.
The sale saw six bidders battle it out, before Sotheby's vice-chairman and Sotheby's China chairman Jane Hua made the winning bid. Tron Founder representing Justin Sun.
The artwork broke its pre-sale estimate of $1.5 million, making it one of the most expensive and controversial works of art (or should we say fruit).
Sotheby's accepted crypto payments for this sale as the market is seeing new highs following the re-election of Donald Trump Bitcoin (BTC) will go up. 97,000 dollars On Wednesday.
Crypto entrepreneur, Sun, He said he deserved it. The artwork in a heated five-minute bidding war involving six other contestants.
“This is not just a work of art; it represents a cultural phenomenon that connects the art, meme, and cryptocurrency communities,” Sun wrote. XSharing his “banana” experience.
Bananas, which they described as “celebrating its place in both art history and popular culture,” announced plans to eat bananas in the coming days.
The artwork includes a real banana taped to the wall, a certificate of authenticity and instructions for replacing the fruit when it rots.
At the time of the heated bidding, Sotheby's auctioneer Oliver Barker said: “I never thought those words would cost $5 million for a banana.
The denigration of the banana in the art scene began in 1988. In 2019, one sold for $120,000 at Art Basel. Artist David Datuna named the play “The Starving Artist” and after eating the banana, the work became a viral sensation.
Since then, the comedian has sparked conversations about the indifference and subjectivity of art appreciation.
Justin Sun founded the blockchain platform in 2017. In December 2021, he became CEO of the Tron Foundation and transferred his authority to Tron Dao, an independent non-profit organization.
Edited by Sebastian Sinclair.
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