CoinVoice has learned that Oak Grove Ventures successfully bid 86.0405 ETH for the first on-chain auction of Claude Monet's Paysage, to support the development of the art-themed commemorative coin Memeory Coin.

This auction is co-hosted by Bounce Brand, SeoulAuction Blue, the largest auction house in South Korea, and its blockchain platform BounceBit, marking an innovative integration of traditional artworks and blockchain technology.

Oak Grove Ventures co-founder Shawn Shi said, 'As an early investment institution focusing on cutting-edge technology, we maintain long-term confidence and support in the integration of traditional art and Web3 cultural innovation. This auction opens up a new direction for the combination of traditional art and meme culture, and Oak Grove Ventures will continue to follow this innovative field.' [Original Article Link]