The world’s largest auction house, Christie’s, will be presenting Bitcoin artwork for the first time. Block 21 of “Portraits of a Mind,” an art project showcasing the original Bitcoin code by Satoshi Nakamoto, will include a painting and a unique digital non-fungible token.
Bitcoin Artwork Arrives at Christie’s
Robert Alice, a blockchain art project, announced Wednesday the sale of a key artwork in the series entitled “Portraits of a Mind” at Christie’s, the world’s largest auction house. Portraits of a Mind is “a global art project to decentralise the founding code behind Bitcoin into 40 fragments,” its website describes.
“With 40 paintings stretching more than 50 meters long,” this work of art forms “a complete hand painted transcription of the 12.3 million digits of code (v0.1.0) that launched Bitcoin,” the announcement details, adding that this artwork is the largest in the history of blockchain technology. “A symbolic expression of decentralisation, once globally distributed, the project will draw up a global network of 40 collectors where no one individual will hold all the code.”
On Oct. 7, Block 21 of Portraits of a Mind, which includes a physical painting and a unique digital non-fungible token (NFT) representing the work, will be auctioned at Christie’s New York. It will be offered at an estimated $12,000 to $18,000. Prior to the auction, the piece will be exhibited from Oct. 1 to Oct. 6 in New York. alongside works by Monet, Picasso, Warhol, and Jackson Pollock.
The Robert Alice art project was founded in 2018 by London-based artist Benjamin Gentilli with the aim to “promote blockchain culture within the visual arts.” He solely created Portraits of a Mind over three years. It is the first work of art from the project.