The world of the rich is incomprehensible. Justin Sun spent 45 million to buy a banana. Justin Sun bought a banana for 45 million yuan (about 6.24 million US dollars).
Artwork name and creator: This banana is a conceptual artwork created by Italian artist Maurizio Cattelan, called "Comedian". The work is intended to satirize market speculation. Auction process: At the Sotheby's Contemporary Art Auction in New York, the banana started at 800,000 US dollars and was finally sold for 5.2 million US dollars. With the auction house fees of about 1 million US dollars, the total transaction price reached 6.24 million US dollars. Work content: "Comedian" includes a banana, a roll of tape, a certificate of authenticity and installation instructions for the work. The owner can replace the rotten banana at any time if he wishes. Justin Sun's plan: Justin Sun said he plans to eat the banana in the next few days as part of this unique art experience. Significance of the work: Sun Yuchen believes that "The Comedian" represents a cultural phenomenon that builds a bridge between art, online memes and the cryptocurrency community.
Payment method: Sun Yuchen plans to pay for the purchase using the cryptocurrency he created.
History of the work: "The Comedian" has been limited to three pieces since its creation, and two of them had been eaten before Sun Yuchen purchased it.
Source of the banana: The bananas used in the auction were purchased by Sotheby's auctioneers from a fruit stand on Manhattan's Upper East Side that morning for 35 cents.
This purchase has aroused widespread discussion and attention in the art world and the public, and Sun Yuchen's behavior also reflects his personal understanding of the connection between the art and cryptocurrency communities.
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