Picture of Andy Warhol sold through the blockchain for 5.6 million dollars

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2018-09-06 16:30:06

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Picture of Andy Warhol sold through the blockchain for 5.6 million dollars Source:

A Blockchain platform Maecenas first sold a painting worth over a million dollars in cryptocurrency auction. We are talking about the work of Andy Warhol "14 little electric chair" which was bought for us $ 5.6 million. About it writes .

The auction on the basis of smart contracts was attended by about 800 people, most of which are from Asia and Europe. Blockchain startup held an auction with the support of the London gallery fine art Dadiani Syndicate.

the

Why do we need the blockchain in real life

The Auction was held in the form of sales of digital certificates — participants can purchase shares of up to 49 percent for Ethereum, or private tokens Maecenas under the name of ART.

The Event was held in accordance with the requirements of AML/KYC, organizers said. We are talking about the requirements of the financial regulators for anti-money laundering and other financial crimes.

Dadiani Syndicate calls itself "the channel between the new source of wealth and traditional dealers". Despite this, she is willing to accept only 49 percent of the value of the painting in the cryptocurrency. The gallery became the first in the UK, decided on the acceptance of digital money.

Will the blockchain more popular with the help of such initiatives? Share your assumptions .

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