'Banana', which won 8.7 billion won, gulped in one bite"It's more delicious"
Dec 01, 2024
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According to CNN and other foreign media, Justin Sun (34), a Chinese cryptocurrency entrepreneur, performed eating bananas at an event held at the Peninsula Hotel in Hong Kong on the 29th of last month (local time).
He added "Eating these bananas could also be part of the history of the artwork"It's much more delicious than other bananas," he said.
He continued "The Banana Eating Performance was a plan to promote the value and utility of virtual currency, his main business area."," he said.
On the 20th of last month, he won $6.24 million (about 8.73 billion won) for the work of Italian installation artist Maurizio Cattelan at Sotheby's auction house in New York.
At that time, he reportedly paid the winning bid as a stable coin (a cryptocurrency issued at a fixed value on existing currencies such as dollars), a type of virtual currency, rather than a legal currency such as dollars.
Meanwhile, the work was first presented by Cattelan at Art Basel Miami Beach in the U.S. in 2019.
During the exhibition at that time, someone took out bananas attached to the wall and ate them.
The estimated price before the auction in New York was estimated to be between $1 million and $1.5 million (about 1.4 billion and 2.1 billion won), but after about six minutes of fierce bidding, it was sold at more than six times the lowest expected price.
This article was translated by Naver AI translator.
