Fun

Leading Auction House Christie’s Listing Bitcoin Art for the First Time

News Feed - 2020-09-25 04:09:51

Leading Auction House Christie"s Listing Bitcoin Art for the First Time


The world’s largest auction house, Christie’s, will be presenting Bitcoin artwork for the first time. Block 21 of “Portraits of a Mind,” an art project showcasing the original Bitcoin code by Satoshi Nakamoto, will include a painting and a unique digital non-fungible token.Bitcoin Artwork Arrives at Christie’s


Robert Alice, a blockchain art project, announced Wednesday the sale of a key artwork in the series entitled “Portraits of a Mind” at Christie’s, the world’s largest auction house. Portraits of a Mind is “a global art project to decentralise the founding code behind Bitcoin into 40 fragments,” its website describes.


“With 40 paintings stretching more than 50 meters long,” this work of art forms “a complete hand painted transcription of the 12.3 million digits of code (v0.1.0) that launched Bitcoin,” the announcement details, adding that this artwork is the largest in the history of blockchain technology. “A symbolic expression of decentralisation, once globally distributed, the project will draw up a global network of 40 collectors where no one individual will hold all the code.”


On Oct. 7, Block 21 of Portraits of a Mind, which includes a physical painting and a unique digital non-fungible token (NFT) representing the work, will be auctioned at Christie’s New York. It will be offered at an estimated $12,000 to $18,000. Prior to the auction, the piece will be exhibited from Oct. 1 to Oct. 6 in New York. alongside works by Monet, Picasso, Warhol, and Jackson Pollock.Block 21 of Portraits of a Mind to be auctioned by Christie’s New York on Oct. 7. The piece will be exhibited in New York from Oct. 1-6. Source: The Robert Alice blockchain art project.


The Robert Alice art project was founded in 2018 by London-based artist Benjamin Gentilli with the aim to “promote blockchain culture within the visual arts.” He solely created Portraits of a Mind over three years. It is the first work of art from the project.




Christie’s Post-War and Contemporary Art Specialist Vivian Brodie commented, “Christie’s and I are thrilled to be supporting this landmark blockchain art project with the sale of Block 21 from Portraits of a Mind in our October Day Sale in New York,” adding:This is Christie’s first time presenting a work that explores crypto culture at auction and, as ever, we are very excited to welcome new audiences and collecting communities across the globe to Christie’s.


Blocks 0 through 20 of the series were offered privately early this year to select collectors, including Binance CEO Changpeng Zhao, Bloq chairman Matthew Roszak, Kinetic founder Jehan Chu, Digix founder Shaun Djie, and Coinscrum founder Paul Gordon. Block 21 is the first work from the project to be exhibited and offered for sale publicly. “The work is also linked to the Bitcoin blockchain, via a unique Opendime key in the reverse of each painting,” the announcement notes.


What do you think about this Bitcoin art auction? Let us know in the comments section below.Makerdao Vote to Not Compensate Black Thursday Victims Receives Harsh CriticismNEWS | 60 mins agoChainlink Token Down 60% in Under 40 Days: Opponents Ask If the Bubble Has Finally Burst?NEWS | 9 hours agoTags in this storyBitcoin Art, bitcoin art auction, bitcoin artwork, christies auction bitcoin, christies bitcoin, christies btc, christies satoshi nakamoto, satoshi nakamoto art


Image Credits: Shutterstock, Pixabay, Wiki Commons, Robert AliceUse Bitcoin and Bitcoin Cash to play online casino games here.Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.Read disclaimerShow comments

News Feed

Binance exec denied bail in Nigeria money laundering trial
Amaka Nwaokocha11 hours agoBinance exec denied bail in Nigeria money laundering trialHead prosecutor Ekele Iheanacho objected to bail by highlighting Gambaryan’s questionable attempt to get a new passport, allegedly du
Reusable Payment Addresses: A New Tool to Provide More Privacy in Bitcoin Cash
Reusable Payment Addresses: A New Tool to Provide More Privacy in Bitcoin Cash Electron Cash, a leading bitcoin cash wallet, has implemented a new feature called
Rollkit Developers Leverage Bitcoin for Sovereign Rollups, Sparking Criticism from Ethereum Proponents
Rollkit Developers Leverage Bitcoin for Sovereign Rollups, Sparking Criticism from Ethereum Proponents The Rollkit development team has announced that Bitcoin has been integrated a
Crypto Exchange LBank and ETHDubai Partner for an Exclusive Meet-Up
Crypto Exchange LBank and ETHDubai Partner for an Exclusive Meet-Up press release PRESS RELEASE.Venture capitalists, founders, and eminent crypto investors graced the event to meet
Cardano ready for Chang hard fork after latest validator node release
Derek Andersen4 hours agoCardano ready for Chang hard fork after latest validator node releaseThe first phase of the Chang era is the beginning of the network’s transition to decentralized governance.714 Total viewsLis
Elon Musk Giving ‘Serious Thought’ to Creating Social Media Platform With Free Speech as Top Priority
Elon Musk Giving "Serious Thought" to Creating Social Media Platform With Free Speech as Top Priority Tesla and Spacex CEO Elon Musk says that he is “giving serious thought
Bitcoin price taps $64.7K as US CPI shows core inflation at 3-year low
William Suberg9 hours agoBitcoin price taps $64.7K as US CPI shows core inflation at 3-year lowBitcoin gets a much-needed boost from increasing optimism about the Federal Reserve’s course to cutting interest rates.4758
NASDAQ-Listed HIVE Blockchain to Expand Data Center in New Brunswick, Canada With 40 Megawatts Capacity
NASDAQ-Listed HIVE Blockchain to Expand Data Center in New Brunswick, Canada With 40 Megawatts Capacity sponsored HIVE Blockchain is set to expand its data center campus in New Brun
How Low Can Dogecoin Go Before Rallying Again? Expert Forecast
Este artículo también está disponible en español. Dogecoin (DOGE) has recently experienced a staggering rally. Over the span of eight days, DOGE surged nearly 200%, reach
Ray Salmond7 hours agoBitcoin’s bull move might not be over yet — Here are 3 reasons whyBitcoin options market positioning and BTC’s daily chart suggest another bull move could be in the making.3152 Total views7 To
Bitcoin Runes fees surpass 1,200 BTC as miners reap rewards post-halving
Gareth Jenkinson11 hours agoBitcoin Runes fees surpass 1,200 BTC as miners reap rewards post-halvingBitcoin miners are reaping the benefits of Runes after the halving, with skyrocketing transaction fees lessening the imp
Savannah Fortis11 hours agoChatGPT web traffic drops for third consecutive month in AugustWeb traffic from users worldwide for OpenAI’s ChatGPT declined during the summer months, which could be linked to university-age