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Andy Warhol Art To Be Sold For Bitcoin Via Ethereum Blockchain



In the latest landmark for Bitcoin, cryptocurrency and blockchain technology, a London art gallery will later this month auction a portion of Andy Warhol’s 1980 work 14 Small Electric Chairs for cryptocurrencies.

Dadiani Fine Art in London’s upmarket Mayfair, through its luxury market place Dadiani Syndicate and in partnership with blockchain platform Maecenas Fine Art, will put 49% of the Warhol work up for sale in cryptocurrencies including Bitcoin and Ethereum on June 20.

The piece is currently valued at $5.6 million — that’s about 730 Bitcoin.  The reserve price for the piece is set at $4 million and all buyers must comply with local regulation to prevent money laundering.
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Francesca Marocchino

Francesca is greatly interested by the blockchain technology and how to make the best use of it. She likes to study the positive and negative impact new technologies can have on our lives. Also very passionate about the IOT and the development of smart cities, she believes we can all innovate to shape our future and preserve our planet at the same time.

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