A portion of the artwork that combines 40 paintings carrying a transaction of the code behind the BTC blockchain is set to go under the hammer at Christie’s New York. The sale of 20 paintings in the project will begin at Christie’s New York City through an auction for the artwork BLOCK 21 which is expected to take place on October 7, according to the press statement.
The first half of the paintings that were created by the Robert Alice Project were personally offered to collectors and currently held by some big names in the blockchain industry including Bloq Chairman Matthew Roszak, Binance CEO Changpeng Zhao, Coinscrum founder Paul Gordon, and others.
The task was begun by London-based craftsman Benjamin Gentilli to advance blockchain culture in the visual expressions. The work of art to be unloaded at Christie’s on Oct. 7 will likewise be put in plain view in the sale house’s displays in New York between Oct. 1 and Oct. 7. The association’s announcement likewise said that “Block 21” will be offered available to be purchased at an expected cost running between $12,000 to $18,000.
The unloaded work of art is additionally connected with an Ethereum-based non-fungible token (NFT), which will serve both as an approach to demonstrate credibility and be a computerized portrayal of the physical artistic creation. Gentilli said in an email, the NFT will be facilitated on Ethereum, drawing joins between Bitcoin’s codebase as the originator and ground zero for the remainder of the environment.
A contemporary art specialist, Vivian Brodie said at the auction house that this is Christie’s first-time presenting art that explores crypto culture at auction and we are excited to welcome new public and collecting communities across the world to Christie’s.
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