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Crypto entrepreneur eats $6.2 million banana artwork he bought at auction

Business Standard LogoBusiness Standard5h ago

Crypto entrepreneur eats $6.2 million banana artwork he bought at auction - Business Standard

Quick Summary:

Justin Sun, founder of Tron, eats $6.

On the day of the auction, the banana itself was purchased for just 35 cents before becoming part of a multimillion-dollar art piece.

As the founder of the Tron blockchain, Sun is no stranger to the world of digital assets and decentralised finance."Like abstract art, NFTs exist based on what people are willing to pay for them.

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Crypto entrepreneur eats $6.2 million banana artwork he bought at auction - Business Standard (Picture 1)

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Article Details

Category: BusinessFinance

Markets:

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Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-30 @ 09:50:32 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 605 words

Reading Time: 4 minutes read

Sentences: 22 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23961956

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 228 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #49

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