- Justin Solar buys Cattelan's Comic for $6.2 million, combines crypto and fashionable artwork.
- The viral artworks spotlight the themes of decentralization, bridging artwork and blockchain.
- Solar is planning worldwide and even house exhibitions for the duct tape banana sculpture.
Justin Solar purchased Maurizio Cattelano's controversial paintings, Comic – a banana tape taped to a wall – for $6.2 million at Sotheby's public sale in New York.
The sculpture, which sparked widespread debate, grew to become a cultural phenomenon and offered out inside six minutes of the tender. Sotheby's confirmed that it was the one public sale of the day to simply accept crypto funds.
Solar revealed that he was toying with the thought of utilizing TRX, his cryptocurrency, or Bitcoin, which reached a document $95,000 on the time of the public sale.
The comic made his first look at Artwork Basel Miami Seaside in 2019, introduced by Perrotin Gallery. The paintings gained appreciable consideration and ultimately required its elimination as a consequence of overcrowding.
The preliminary three editions of the piece offered for $120,000 to $150,000 every. It has since develop into a subject of debate in artwork and popular culture, inspiring memes, merchandise and debates concerning the nature of artwork itself.
Linking symbolism with decentralization
After the sale, Bloomberg reported that Solar expressed admiration for Comic, noting that its conceptual nature suits the themes of decentralization central to the crypto world. He described it as an “not possible to destroy” murals as a result of its essence is its idea, not its bodily kind.
Identified for buying works by artists resembling Picasso, Warhol and Giacometti, Solar sees the acquisition as a bridge between fashionable artwork and the increasing crypto market.
Additionally Learn: Justin Solar's Crypto Portfolio: Does It Embrace Bitcoin?
He plans to show the work in his Hong Kong residence and is able to lend it to trade gamers for public exhibitions.
Solar additionally famous the Comic's practicality, calling it “simply transportable” in comparison with conventional paintings. He even urged its suitability for house imaging, saying he would think about loaning it to Elon Musk for a mission to Mars.
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