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Call the high bidder’s bluff by bidding below them. If they don’t pay the bid amount, you’ll win the auction.
If you want to tell the story of money, you have to start at the beginning and narrate to the current moment.
It begins with CROESUS LYDIAE REX (BLUE PAINTING). As king of Lydiae his gold coins were first minted around 550 BC. It was the world’s first bimetallic currency system. The coins circulated in many regions before the introduction of paper money. So 2,571 years ago this shit show started and developed into anything and everything it has become today. So far so good...
In 2016, I became fascinated by how money works in our society and came to the conclusion that we all just believe in the best story told. So I started incorporating fiat banknotes and made them central to my artwork. I wanted to create another value. But then in 2017 after my first gallery show I was introduced to Bitcoin (through my man ZETRA) and everything, I mean everything changed in my belief.
I became aware of a new story, a new perspective and a new possibility to change the given path. The story started again, new and honest and the creator is SATOSHI NAKAMOTO (RED PAINTING).
EXPLORE EXPLOIT CONTINUUM was a phrase I came across and I just loved the fucking sound of it. I want the viewer to interpret it as they choose. For me it means search, uncertainty, efficiency and growth. It's all I see when I set a past and future in my story. I used hundreds of thousands in U$ and €uro fiat banknotes for the two paintings. Check the detailed pictures and you will find new impressions in every square inch.
Choose your color, choose your pill. Choose your story. Choose your value.
Materials: Heavy handcrafted paper made of shredded FIAT banknotes (€uro & U.$. Dollar), Acrylic paint, Water-based spray paint, ink thumbprints, colored plexi frame, acrylic screws & GID pigments
Dimensions: 2100mm x 1050mm x 50 mm (length, height, depth)
Check out the behind-the-art livestreamed interview with RYR as we kickoff the auction and cover early bids.
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HOW IT WORKS
1. Deposit 1% of your bid as collateral and just top it off for additional bids
💥GOD MODE💥 Login to unlock unlimited bids with a single deposit of 500K sats
2. The winning bidder has 24 hours to pay their bid. If they don't, they lose their collateral and the next highest bidder has a chance to pay their high bid
3. Once the item is paid for, deposits are refunded to the remaining participants
HOT ZONE RULES
- Bids placed in the final 15 minutes of the auction reset the countdown to 15 minutes
- Auction can't end with a pending bid
- Onchain bid deposits no longer accepted
- US: $1,200
- Europe: $600
- Asia: $1,200
A shipping deposit of $1,200 is added to the winning bidder's final balance. Once the item ships, the difference is returned to them along with the shipping receipt.
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After Auction Offers
|Offer Status||Amount (in sats)||Date|
|Declined||32,000,000 (0.32 BTC)||May 20, 2012|