A banana duct-taped to a white wall — or an acclaimed piece of art, depending how you look at it — sold at a Sotheby’s auction for $6.24 million Wednesday.
Maurizio Cattelan’s “Comedian” is simply a banana stuck to the wall with a strip of silver duct tape exactly 160 centimeters from the floor.
The artwork debuted at Art Basel Miami Beach in December 2019 and was initially estimated to sell for $1.5 million, according to Sotheby’s.
Art Basel quickly had to take the banana off the wall because of the crowds it drew, as it was prompting concern for the other featured artworks, art critic Nancy Durrant said in a Sotheby’s video about the piece of art.
It was the first art fair Cattelan was included in for 15 years, and it was the “announcement as a new original work by Maurizio Cattelan that captured the world’s attention immediately,” said David Galperin, Sotheby’s head of contemporary art for the Americas.
At one point, someone even took the banana off the wall and ate it.
Ethereum, the blockchain that the vast majority of NFTs are based on, switched to proof-of-stake over two years ago. It doesn’t use significant amounts of energy any more. So there isn’t even the “more ecologically sound” distinction here.
There’s still the cost associated with having your transaction stored forever on the blockchain across millions(?) of devices, but it’s only a few dozen bytes so the impact isn’t much.
Indeed. And there’s a future update for Ethereum being worked on to implement a “state expiry” system, which means data wouldn’t be stored forever unless you actually paid for it to be. I’ve been quite impressed with Ethereum’s continued development over the years, in contrast to Bitcoin which basically ossified.
Still an NFT though, a insignificant, worthless bit of code pointing to a “thing” you “own”