CryptoBank.Ltd - MULTI-MILLION POUND ANDY WARHOL ART AUCTIONED ON BLOCKCHAIN FOR BITCOIN IN WORLD FI

" A multi-million-pound work of art by Andy Warhol is to be publicly auctioned for cryptocurrency, in a world first sale that the auctioneers hope could revolutionise art ownership.

Warhol's Fourteen Small Electric Chairs, which is currently valued at £4.2m, will be auctioned on 20 June as digital certificates that can be purchased using bitcoin, ethereum and other cryptocurrencies.

This will allow investors to buy a fraction of the iconic artwork, meaning "anyone can own a Warhol", according to the blockchain platform Maecenas. - ANTHONY CUTHBERTSON - Read Full Article

Source: Independent.co.uk

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