“In each work, an algorithm has found a set of hex digits that together are highlighted in gold. These read a set of coordinates that are unique to each painting. 40 locations across 40 paintings – each location is of particular significance to the history of Bitcoin.”

Gentilli is hoping that the sale of the piece at Christie’s, especially as a non-fungible token, will highlight the shift towards both blockchain technology and the adoption of cryptocurrency. He also hopes that it will encourage contemporary artists and investors to move to the space.