Duct-taped banana sold for Sh803m at art auctionA piece of art that is little more than a banana duct-taped to a wall sold at auction for $6.2 million on Wednesday to cryptocurrency entrepreneur Justin Sun, Sotheby’s said, furthering the universal conversation about what constitutes art. Bidding soared past the pre-sale high estimate of $1.5 million, Sotheby’s said, with bidders in the room, on the phone and online. He paid in crypto and it will be the buyer’s responsibility to replace the banana as it rots, according to Artnet.com. “It represents a cultural phenomenon that bridges the worlds of art, memes, and the cryptocurrency community. Cattelan is known for other bold works such as a golden toilet and a sculpture of the pope struck down by a meteorite.

Source: Daily Nation November 22, 2024 22:58 UTC