Online gallery Art Gallery announced the sale of paintings by new York artist Benjamin Katz " Chasing Hearts / Northern Lights” for 150 bitcoins (about $1.25 million at the time of the transaction). This is reported by Artnet.News.
An unknown collector contacted CEO Auto Gallery Carrie Eldridge via Instagram and offered 150 bitcoins for the work of Katz. The parties communicated via secure messenger Signal, and later the buyer used Postmates delivery service. Therefore, the name of the collector remains unknown.
However, according to Eldridge, a work of art could buy one of the supporters of the author's brother Jason Scott Katz. He emigrated from USA to Iceland to investigate its relationship with Wikileaks. He later co-founded the Icelandic Pirate party, which advocates direct democracy and civil rights.
"It is important to say that we do not seek anonymous sales. Our main goal is to bring more transparency to the art market and not allow people to remain unknown or to launder money!"said Carrie Eldridge.
According to her, through the transaction records in the blockchain, you can monitor the changes in the cost of art work in time. This allows artists to make a profit on every resale.
According to the newspaper, the transaction amount has become the largest in the history of cryptocurrency in the art world. However, on June 20, at the "world's first" crypto-auction, Andy Warhol's "14 small electric chairs" worth $5.6 million can break this record.
According to the artist Benjamin Katz, he painted on the canvas the atmosphere of Iceland during the Northern lights.
"The colors convey the polar glow over Iceland, and I added hearts as a symbol for people who are looking for love and moving in all directions under the impression of a powerful magnetic field," explained the author's plan.
We will remind, in June cryptomnesia created an app-artbon-based Lightning Network in which 1 Satoshi can paint 1 pixel of space.
