Justin Sun Abandons Plan to Buy 100,000 Bananas After Art Auction Backlash
Crypto billionaire Justin Sun recently faced backlash following his $6.24 million purchase of Maurizio Cattelan's banana artwork. In a bid to thank the original fruit vendor, Shah Alam, Sun proposed buying 100,000 bananas to distribute free worldwide. However, Alam deemed this plan impractical, highlighting the logistical challenges and negligible profit margins for such a transaction. Consequently, Sun's team scrapped the plan, stating they would seek a more viable approach. Sun has not publicly commented on the cancellation of this initiative. Meanwhile, Alam expressed concerns about the feasibility and profitability of selling such a large quantity of bananas, emphasizing the inherent challenges in the fruit business. This episode has raised questions about the intersection of art, commerce, and celebrity involvement in the blockchain space.
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