A German artist and sculptor has unveiled a large, weighted square piece of pure gold in Central Park, New York, valued at $11.7 million.
Made of 24 carat gold, the cube (square piece) weighs 410 pounds and has no security guards to guard it.
The creator of the work, Nicolas Castillo, has called it the "foundation of the earth" (Sokle du Monde) and says that this weighted piece of gold actually reflects the dialogue between ancient and modern times.
"Gold was the foundation of the economy in ancient times, but the role of the corrupt currency is growing in the modern economy. This piece of art is an expression of the relationship and dialogue between the two, "Castillo told an American newspaper.
In fact, Castillo is preparing to launch his own cryptocurrency, the Castillo Coin, on February 21, 2022. The main guarantee, this piece of gold, will be considered.
The starting price of this cryptocurrency will be 44 cents per unit while on the same day this piece of gold will also be sold through NFT.
Interestingly, no security guard is deployed to monitor the piece of gold while people accompany it with complete freedom, while sometimes they even climb on it and take pictures but no one stops them.
Castillo says the piece is so heavy that it is not easy to carry, and in addition to the general security arrangements in New York Central Park, he has personally provided state-of-the-art security with the help of which 24 hours a day. This piece is constantly monitored.
