According to ChainCatcher news, Oak Grove Ventures successfully acquired the first on-chain auction of Claude Monet's Paysage for 86.0405 ETH, to support the development of the art-themed commemorative coin Memeory Coin.
This auction is jointly organized by Bounce Brand, South Korea's largest auction house SeoulAuction Blue, and its blockchain platform BounceBit, marking an innovative integration of traditional art and blockchain technology.
Shawn Shi, co-founder of Oak Grove Ventures, stated, "As an early investment institution focused on cutting-edge technology, we have long-term confidence and support for the innovative integration of traditional art and Web3 culture. This auction has opened a new direction for the combination of traditional art and meme culture, and Oak Grove Ventures will continue to pay attention to this innovative field."