($6.2 million) artwork with a banana stuck to the wall, cryptocurrency entrepreneur Justin Sun kept his promise and ate the fruit. The information is from The Guardian.
At an event held at Hong Kong’s Peninsula hotel with journalists and influencers, the 34-year-old entrepreneur took a bite of banana. “It’s much better than other bananas,” said Sun. “It’s really very good.” Before that, the billionaire highlighted the work as “iconic” and praised the conceptual art, comparing it to cryptocurrencies, the area in which he operates.
Attendees of Friday’s event received a roll of tape and a banana as a souvenir. “Everyone has a banana to eat,” Sun said.
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After purchasing the work Comedian, created by Italian artist Maurizio Cattelan, which was sold at a Sotheby’s auction in New York last week, Sun decided it would be part of the work’s history to eat it at a press conference.
The edible creation’s debut at Art Basel 2019 in Miami Beach sparked controversy and raised questions about whether it should be considered art – Cattelan’s stated goal.
Sun also announced this week a $30 million investment in World Liberty Financial, a cryptocurrency project backed by US President-elect Donald Trump.
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Last year, Sun was accused by the US Securities and Exchange Commission of offering and selling unregistered securities in connection with his Tron cryptocurrency project. The case is still ongoing.
100 thousand bananas around the world
The seller of the fruit that became part of the artwork works at a fruit stand on Manhattan’s Upper East Side. Shah Alam, who earns $12 an hour,
“I am a poor man,” Alam, 74, told the newspaper. “I never had that kind of money; I’ve never seen that kind of money.” Sun told New York Times that Alam’s response was “touching.”
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In a new pledge, the cryptocurrency billionaire set out to purchase 100,000 bananas from Alam’s stall and declared that the bananas would be distributed worldwide as “a celebration of the beautiful connection between everyday life and art.” Sun said he hopes to visit Alam’s stall in person one day.
The owner of the artwork receives a certificate of authenticity proving it was created by Cattelan, as well as instructions on how to replace the fruit when it spoils.
