On October 7, the auction house New York’s Christie’s announced the sale of a digital portrait, with the original Bitcoin code. Precisely, as part of his «Post-War and Contemporary Day Auction».
That’s right, the walls of Christie’s auction house have been adorned with works by some of the greatest artists of all time. For example, Monet, Picasso, Warhol, Jackson Pollock, and many others.
Basically, even though the bidding for the original Bitcoin code artwork started at $ 22,000. Its final value was $ 131,250. Indeed, exceeding expectations.
As a curious fact, it is the first time that a non-fungible token (NFT) has been auctioned. In a large auction house.
The original Bitcoin code artwork
Indeed, an unknown buyer purchased the artwork “Block 21”. Composed of a physical art piece and an NFT, representing Satoshi Nakamoto.
In particular, the original Bitcoin code artwork was created by Benjamin Gentilli of the Robert Alice project. Thus, it is one of 40 creations in a series and contains 322,048 digits of the original Bitcoin code. Some of which are highlighted in gold.
Also, the hidden meaning behind the 12.3 million digits etched on their surfaces. They are an accurate, handcrafted transcription of the original digits of the v0.1.0 historical code that Bitcoin launched.
In this regard, the art historian Robert Alice explained: «In each job, an algorithm finds a set of hexadecimal digits that together are highlighted in gold. These indicate a set of coordinates that are unique to each frame. 40 locations across 40 paintings. Each location is of particular importance to the history of Bitcoin«.
Similarly, Gentilli said: «The original codebase of Bitcoin is like a historical document. I wanted to celebrate and preserve it in the same way as a document like the Magna Carta«.
Adding: “For me, this work is a portrait of Satoshi. Decentralized around the world, in the same way that Bitcoin is”.
Portraits of a Mind, called “Block 21”
The series, titled “Portraits of a Mind”, shows the 12.3 million digits of the original Bitcoin code. Engraved and painted on 40 different circular panels of more than 50 meters in length.
Notably, Robert Alice’s website states: «Portraits of a Mind, explore the many facets of Satoshi Nakamoto’s identity«.
Adding: “The work not only examines the founding code for traces of Nakamoto’s identity. But also the identity of Bitcoin itself«.
The works themselves are canvas discs, 50.59 inches in diameter (1.28 meters). In fact, with layers of suspended pigment and graphite and aluminum paint, with each digit individually engraved.
Also, at the heart of each disc, where a coin would show the image of the monarch who minted it. Specifically, there is an empty space. A portrait of Satoshi Nakamoto?
Even with a specialized machine, it took Gentilli three years of dedication and patience to complete the job. And so, give us a spectacular work of art of the original Bitcoin code.
It is true that, the CEO of Binance, Changpeng Zhao, Paul Gordon and Blog President Matthew Rozsak. Also, Kinetic founder Jehan Chu, have already bought pieces from the series «Portraits of a Mind».
So far the most expensive piece of digital art ever sold at auction was Matt Kane’s “Right Place & Right Time” NFT. Which was sold in September for $ 101,593. This artwork featured a creative design image of the Bitcoin logo.
To conclude, it is super interesting to see how the art delves deeper into the crypto ecosystem. What do you appreciate about this Bitcoin art auction? Leave us your opinion in the comment box.
I say goodbye with this phrase from Danny Kaye: «Life is a blank canvas. And you must throw all the paint you can on him«.