Crypto Meets Art: Justin Sun Purchases and Plans to Eat $6.2M Banana

Crypto Meets Art: Justin Sun’s $6.2M Banana Artwork Sparks Debate

Justin Sun, the founder of Tron, purchased artwork consisting of a banana taped to a wall for $6.2 million at an auction in New York. He’s going to eat it now.

I’ve bought the banana. This is not just an artwork; it represents a cultural phenomenon that bridges the worlds of art, memes, and the cryptocurrency community. In the coming days, I will personally eat the banana as part of this unique artistic experience,

Sun

Maurizio Cattelan’s “Comedian” is an artwork that literally consists of a fresh banana taped to a wall. Sun, however, has paid for a certificate of authenticity to label it Comedian and instructions on how to stick a banana to a wall. Thus, the owner of the artwork can replace the tape as needed and the banana as it rots.

$6.2M Banana Artwork Sold to Justin Sun After 6-Minute Bidding Battle

The art was put up for sale for the first time ever, and the auction’s host, Sotheby’s, reported on X that the bidding lasted more than six minutes. With the hammer dropping on his $5.2 million price, plus $1 million in Sotheby’s fees, Sun outbid six other bidders, exceeding its presale estimate of between $1 million and $1.5 million by more than four times.

Sun will be the third known instance of someone eating the artwork if he does eat the banana. When the piece was exhibited at a Seoul art museum in April of last year, a student taped the peel back to the wall after eating the banana. He then claimed that he ate it because he was hungry after skipping breakfast.

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