25.000 euro
Lapo Simeoni's cutting-edge project, '25.000 euro', is a perfect visual representation of the bridge between art and finance. The market value of the artwork is £25,000, which has been split into 100 individual art shares of £250 each. The artwork consists of a transparent bag placed within a Plexiglas case. It contains a total of €25,000 in €20 bills, which were chopped by the Bundesbank before being collected by the artist.
Each art share has been linked to an NFT using blockchain technology, which will automatically be issued to the buyer once the payment is finalised.
Lapo Simeoni (1979) is a graduate of Central Saint Martins College of Art and Design in London. He currently lives and works in Berlin.
Through the use of recycled materials, furniture, collages, paintings, photography, books and objects, he reconstructs narratives around the relationship between man and consumerism, thanks to an extensive process of transforming each material and changing its original function. The artist works with images of the past and present, including photographs of monuments, in addition to logos and symbols from old magazines, contemporary advertising and ancient artefacts or forgotten household objects. Simeoni also alters images and objects assembling and deconstructing them, in order to develop a new vision of time and social transformation entirely ascribable to the contemporary.