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Crypto entrepreneur eats popular $6.2m banana artwork

Justin Sun, founder of Tron, eats a banana that forms part of the artwork "Comedian" by the artist Maurizio Cattelan, which Sun bought for $6.2 million at Sotheby's in New York, during a news conference in Hong Kong, China, on Friday, Nov. 29, 2024. Controversial crypto mogul Sun beamed as he ate the $6.2 million banana, a spectacle that ratcheted up the spotlight on digital assets as the industry tries to keep an historic market rally on track. Photographer: Justin Chin/Bloomberg via Getty Images

Interesting things keep happening all around the world, and one of them involves a cryptocurrency entrepreneur, Justin Sun, who transformed an iconic art piece into an unexpected snack by eating a banana artwork valued at $6.2 million.

The artwork, “Comedian”, which was made by an Italian artist, Maurizio Cattelan, consists of a banana duct-taped to a wall. The artwork has become notorious in the art world for challenging conventional definitions of art. Sun purchased the piece at a Sotheby’s auction, outbidding six other potential buyers.

During a press conference at Hong Kong’s Peninsula Hotel, Sun dramatically consumed the banana in front of journalists and influencers. “It’s much better than other bananas,” he declared, drawing parallels between the conceptual artwork and cryptocurrency’s Non-fungible Token (NFT).

This isn’t the first time the artwork has been eaten. Previous performances by other individuals have similarly challenged the artwork’s meaning and value. Sun sees his act as part of the piece’s evolving narrative, suggesting that consuming it becomes part of its artistic history.

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Beyond the theatrical banana consumption, Sun also made waves by announcing a $30 million investment in a cryptocurrency project associated with former US President Donald Trump. This comes amid ongoing legal challenges from the US Securities and Exchange Commission regarding his crypto platform, Tron.

In a gesture of goodwill, Sun pledged to purchase 100,000 bananas from the original fruit vendor, who originally sold the banana for less than a dollar, promising to distribute them globally as a “celebration of the connection between everyday life and art.”

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