Share this article
BTC
$78,873.91
-
5.29%ETH
$1,595.90
-
11.27%USDT
$0.9996
-
0.02%XRP
$1.9566
-
8.54%BNB
$555.95
-
6.17%USDC
$1.0003
+
0.00%SOL
$107.45
-
9.98%DOGE
$0.1508
-
10.33%TRX
$0.2312
-
2.77%ADA
$0.5798
-
11.40%LEO
$8.8763
-
2.44%LINK
$11.43
-
10.24%TON
$2.9418
-
9.54%XLM
$0.2349
-
6.44%AVAX
$16.27
-
9.06%SHIB
$0.0₄1138
-
7.71%SUI
$1.9404
-
12.00%HBAR
$0.1421
-
12.25%OM
$5.8941
-
6.05%BCH
$273.92
-
9.19%Sign Up
- Back to menuPrices
- Back to menuResearch
- Back to menu
- Back to menu
- Back to menu
- Back to menuResearch
Tron Founder Beaten to Winning Beeple Bid by Mystery Buyer
A Tron spokesperson says Justin Sun did not win the $69 million Beeple NFT, as was initially reported by Bloomberg.
Justin Sun almost won the Christie's auction of a non-fungible token (NFT) that sold for $69.3 million but was outbid in the final moments, a spokesman for the Tron founder said.
STORY CONTINUES BELOW
Bloomberg reported Thursday afternoon that Sun was the winning bidder in the auction of an NFT tied to a digital work by the artist known as Beeple.
But Tron’s Roy Liu told CoinDesk that Sun did not win the auction, despite bidding $60 million as the clock wound down. “He was outbid by another buyer [at the] last minute,” Liu said via Telegram message.
(A buyer’s premium accounts for the difference between the winning bid of $60.25 million and the $69.3 million sale price.)
Read more: Beeple NFT Sold for Record-Setting $69.3M at Christie’s Auction
"NFT is definitely a revolution to the art industry for our generation," the Tron spokesman said. "Both Justin and Tron Foundation are super excited for the technology and will heavily support the ecosystem around that."
Christie’s auction specialist Noah Davis declined to comment when reached by phone.
Zack Seward
Zack Seward is CoinDesk’s contributing editor-at-large. Up until July 2022, he served as CoinDesk’s deputy editor-in-chief. Prior to joining CoinDesk in November 2018, he was the editor-in-chief of Technical.ly, a news site focused on local tech communities on the U.S. East Coast. Before that, Seward worked as a reporter covering business and technology for a pair of NPR member stations, WHYY in Philadelphia and WXXI in Rochester, New York. Seward originally hails from San Francisco and went to college at the University of Chicago. He worked at the PBS NewsHour in Washington, D.C., before attending Columbia’s Graduate School of Journalism.
