Ever since the non-fungible token (NFT) artwork sector emerged, several digital artwork collectors have popped out. The digital artwork sector powered by the non-fungible token (NFT) sector is experiencing the same kind of trend as the real-world artwork industry.
There are many enthusiasts that are now showing up during the digital artwork auctions and spending loads of money to acquire the artworks. At present, the top example in the NFT artwork industry is the digital artwork named “Everydays: The First 5,000 Days” which was sold for $69 million.
Since then, several digital artworks have managed to be sold in millions or hundreds of thousands of dollars in the past couple of months.
Among all that is going on in the digital artwork sector, one particular personality has been gaining a lot of attention. The name of this personality is Justin Sun, who is the founder of Tron (TRX), a cryptocurrency blockchain service in the crypto-verse.
In recent months, Sun has gained a lot of recognition in the NFT digital art sector for being the second-highest bidder for the $69 million digital NFT artwork.
He had reportedly claimed that he could have been the rightful owner of the NFT as he had raised the bid to $70 million but then his internet gave upon him, and he ended up losing the bid.
After tasting defeat in acquiring the most expensive digital NFT artwork, Sun has literally gone on an NFT artwork-buying spree. The founder of Tron (TRX) has been seen visiting different digital artwork NFT marketplaces purchasing different digital artworks here and there.
By now, he has collected a decent number of digital artwork NFTs and there are no signs of him making a stop soon.
Now it seems that Sun is not only after digital artworks but he is also after the real-world ones. Just recently, it was revealed by Sun that he had acquired two unique artworks. The first artwork that Sun has to acquire is the work of Andy Warhol and the second one is from Pablo Picasso.
Quite surprisingly, the purchase made by Sun for the real-world artworks is related to him missing out on the “Everydays” digital artwork NFT.
The auction for the Beeple artwork “Everydays” was carried out through Christie’s Auction House through an NFT marketplace. After losing the bid due to a technical glitch, Sun got in touch with the management at Christie’s asking if they had any NFT artworks related to “Everydays”.
At that time, Christie’s answered in negative but managed to get Sun’s attention towards the two artworks that he reportedly won during an auction held on March 23, 2021.
The sources have confirmed that Sun spent $2 million on Andy Warhol’s artwork and $20 million on Pablo Picasso’s.