Justin Sun Buys 100,000 New York Bananas After $6.2 Million Art Purchase
Tron's Justin Sun tweeted on November 28 that he will purchase 100,000 bananas from the same fruit stall that made the duct-taped banana.
Shah Alam, an Upper East Side resident, runs the famed fruit stand. Sun said that Alam's fruit stand would deliver these bananas globally for free.
Since supplies are limited, the Tron creator advised everyone to bring a copy of their ID to claim their fruit. Sun's generosity follows an auction sale of a banana from the same fruit stall for $6.2 million. Sun said this is to honor the artwork and promote bitcoin.
Justin Sun Appreciates Alam's Art
Sun said on Twitter/X that buying hundreds of bananas from Alam's fruit stand honors life and art. He also credited Alam for publicizing the classic artwork that made millions.
Justin Sun said in the same article that this project would bring art to more people and that he would visit the fruit stand to show his thanks.
Sun said the duct-taped banana was commonplace, but it now has cultural and artistic significance. A banana sold at Alam's fruit stand last Wednesday was made into an artwork by Maurizio Cattelan.
Catellan's piece sold for $6.2 million, with the auction house taking $1 million. Alam charges 35 cents for bananas.
At the 2019 Art Basel Miami Beach International Art Fair, Catellan began his duct-taped banana artwork. Three Comedian versions sold at $120k and $130k.
The artist typically ate the banana after winning an auction. Then the artist replaced the banana and continued the “Comedian” act.
Sun also teased eating the banana on November 29th in another picture. Crypto entrepreneur honored pledge by eating banana in front of influencers and media at top Hong Kong hotel. He delivered a speech praising the art and compared it to crypto.
Justin Sun emailed that Alam's reaction touched him. The fruit dealer liked being recognized for the duct-taped art. One story said Alam worked hard at his fruit shop.