🌋 Justin Sun Buys a Banana for $6.2 Million at Sotheby’s
posted 21 Nov 2024
Justin Sun has acquired the famous artwork "Comedian" by Maurizio Cattelan at a Sotheby’s auction for $6.2 million.
"Comedian", perhaps his most famous piece, consists of a fresh banana duct-taped to a wall. The banana, purchased from a Miami grocery store for approximately 30 cents, isn’t meant to be a permanent component—it can be replaced as needed, along with the tape.
The true value of the artwork lies in its certificate of authenticity and detailed instructions for properly displaying the piece.
Emmanuel Perrotin, owner of the gallery where "Comedian" was first exhibited, described it as:
I am honored to be the proud owner of the banana ? and look forward to it sparking further inspiration and impact for art enthusiasts around the world,Sun wrote on X.
Maurizio Cattelan’s "Comedian." Source: Х
Maurizio Cattelan, an Italian artist renowned for his satirical works, is known for creating provocative pieces like "America", a fully functional golden toilet.
"Comedian", perhaps his most famous piece, consists of a fresh banana duct-taped to a wall. The banana, purchased from a Miami grocery store for approximately 30 cents, isn’t meant to be a permanent component—it can be replaced as needed, along with the tape.
The true value of the artwork lies in its certificate of authenticity and detailed instructions for properly displaying the piece.
Emmanuel Perrotin, owner of the gallery where "Comedian" was first exhibited, described it as:
a symbol of global trade, a double entendre, as well as a classic device for humor.
Justin Sun views the piece as more than just a work of art. He sees it as a cultural phenomenon that resonates with artists, meme enthusiasts, and the crypto community alike. Sun hopes "Comedian" will secure its place in art history and spark new discussions and ideas.
How much sarcasm lies in Justin Sun’s words? The $6.2 million he paid suggests—not much.
Additionally, in the coming days, I will personally eat the banana ?as part of this unique artistic experience, honoring its place in both art history and popular culture,he concluded.
Justin Sun is a Chinese entrepreneur and the founder of multiple cryptocurrency projects. Often described by financial tabloids as a “self-made millionaire,” his net worth was estimated at $1.04 billion as of mid-2024.
Sun’s most notable venture is the TRON blockchain ecosystem. He also owns Rainberry (formerly BitTorrent Inc.), the company behind the BitTorrent protocol and the BTT token. Additionally, he owns the cryptocurrency exchange Poloniex and is affiliated with the crypto exchange HTX (formerly Huobi).
Sun’s most notable venture is the TRON blockchain ecosystem. He also owns Rainberry (formerly BitTorrent Inc.), the company behind the BitTorrent protocol and the BTT token. Additionally, he owns the cryptocurrency exchange Poloniex and is affiliated with the crypto exchange HTX (formerly Huobi).
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