{"id":40009,"date":"2021-04-02T11:03:18","date_gmt":"2021-04-02T08:03:18","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=40009"},"modified":"2025-08-30T12:11:24","modified_gmt":"2025-08-30T09:11:24","slug":"justin-sun-buys-picasso-and-warhol-paintings-to-tokenise-them-as-nfts","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/justin-sun-buys-picasso-and-warhol-paintings-to-tokenise-them-as-nfts\/","title":{"rendered":"Justin Sun buys Picasso and Warhol paintings to tokenise them as NFTs"},"content":{"rendered":"<p>TRON founder Justin Sun <a href=\"https:\/\/www.christies.com\/lot\/lot-pablo-picasso-1881-1973-femme-nue-couchee-au-6309471\/?from=salesummary&#038;intObjectID=6309471&#038;lid=1&#038;ldp_breadcrumb=back\" target=\"_blank\" rel=\"noreferrer noopener\">bought Picasso paintings<\/a> and <a href=\"https:\/\/www.christies.com\/lot\/lot-andy-warhol-1928-1987-three-self-portraits-6309489\/?from=salesummary&#038;intObjectID=6309489&#038;lid=1&#038;ldp_breadcrumb=back\" target=\"_blank\" rel=\"noreferrer noopener\">Andy Warhol<\/a> for $22 million. He now plans to tokenize them through the JUST NFT Fund. <\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">(1\/2) I am thrilled to announce that <a href=\"https:\/\/twitter.com\/hashtag\/JUST?src=hash&amp;ref_src=twsrc%5Etfw\">#JUST<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/NFT?src=hash&amp;ref_src=twsrc%5Etfw\">#NFT<\/a> Fund successfully purchased the \u201cFemme nue couch\u00e9e au collier\u201d by Pablo <a href=\"https:\/\/twitter.com\/hashtag\/Picasso?src=hash&amp;ref_src=twsrc%5Etfw\">#Picasso<\/a> for a purchase price of $20 million, and \u201cThree self portraits\u201d by Andy Warhol for a purchase price of $2 million at <a href=\"https:\/\/twitter.com\/ChristiesInc?ref_src=twsrc%5Etfw\">@ChristiesInc<\/a>&#39;s auction. <a href=\"https:\/\/t.co\/rjelCEXVE5\">pic.twitter.com\/rjelCEXVE5<\/a><\/p>\n<p>&mdash; H.E. Justin Sun \ud83d\udc68\u200d\ud83d\ude80 (Astronaut Version) (@justinsuntron) <a href=\"https:\/\/twitter.com\/justinsuntron\/status\/1377610061426479114?ref_src=twsrc%5Etfw\">April 1, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div>\n<\/figure>\n<p>For Pablo Picasso&#8217;s &#8216;Femme nue couch\u00e9e au collier&#8217;, Justin Sun paid $20 million, and for &#8216;Three Self Portraits&#8217; by Andy Warhol \u2014 $2 million. Both paintings were sold at Christie\u2019s on March 23.<\/p>\n<p>Sun said this is &#8216;an important milestone in the history of the JUST NFT Fund&#8217;.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p>&#8216;I believe that in the future the JUST NFT Fund catalogue will include more world-class works by leading artists. Stay tuned for more,&#8217; said the founder of TRON.<\/p>\n<\/blockquote>\n<p>In March 2021, Justin Sun<a href=\"https:\/\/u1f987.com\/en\/news\/justin-sun-launches-the-just-nft-fund-for-nft-art-valued-at-over-1-million\"> created the JUST NFT Fund<\/a> for artists and artworks in the form of non-fungible tokens (NFTs) valued at $1 million. The fund&#8217;s first NFT was the painting &#8216;OCEAN FRONT&#8217; by Michael Winkelman, known by the pseudonym Beeple. On March 23, Sun <a href=\"https:\/\/u1f987.com\/en\/news\/beeple-sells-new-nft-painting-for-6-million\"> bought an NFT for $6 million<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TRON founder Justin Sun bought Picasso paintings and Andy Warhol for $22 million. He now plans to tokenize them through the JUST NFT Fund.<\/p>\n","protected":false},"author":1,"featured_media":40010,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1302,1213],"class_list":["post-40009","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-justin-sun","tag-nft"],"aioseo_notices":[],"amp_enabled":true,"views":"27","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/40009","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=40009"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/40009\/revisions"}],"predecessor-version":[{"id":40011,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/40009\/revisions\/40011"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/40010"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=40009"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=40009"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=40009"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}