The Solid Gold Cube that was erected recently in Central Park has been generating a lot of news since it turned out to be a hollow promo for the launch of the recent cryptocurrency by Niclas Castello. In order to bring the attention of people to the very recent upcoming launch of the cryptocurrency by Niclas Castello, who is a German artist, a cube was placed in Central Park where about 125 people were reportedly living. This news came from the best site to follow cryptocurrency. According to the GBH reporter Tori Bedford, the cube was completely a hollow promo.
The particular cryptocurrency promo that came in the New York news as the solid hollow cube was erected in Central Park turned out hollow on the interiors. The onlookers who witnessed the promo speculated that this structure was the exact criticism for the extravagant promises that are made by the blockchains and the cryptocurrencies technologies.
Solid Gold Cube Erected on New York’s Central Park
On the 2nd of February 2022, there was a report on the news that a 24-carat gold cube weighing about 410 pounds in total had been erected in the Central Park area of New York. The price of the gold cube was said to be about $11.7 million in total. Since the price of the artwork was so high, the security detail for the construction of the project was also very heavy. It was also reported that the cube was a particular promo dedicated to the launching of the new cryptocurrency Castello Coin or CAST which was developed by Niclas Castello, who is a renowned artist from Germany.
According to the website of the project, the cryptocurrency named Castello Coin or CAST will definitely be the first one in the world to achieve this level of recognition with the help of a physical and unique piece of artwork. This attempt to provide a powerful combination of crypto, finance, and art was well appreciated by the people. According to reports, a particular NFT project from the same developer is also on the way and will have its launch right after the release of the coin this month.
“The Coin acts as a bridge between the traditional financial world of finance, the world of traditional forms of investment and traditional art, and the new world, the world of cryptocurrencies and the digital age,” says the website.
Despite Artnet making a note that the cube measured about one foot and a half from all the sides of it and there is a thickness of about a quarter of an inch, it also described it as being of solid gold. Hence, the reports from other channels made the news as such. After this bombshell of discovery, this solid cube was supposedly being clowned by the users on the internet. Some even went as far as to compare the golden cube with the world of cryptocurrency and blockchain where everything is promised to be grand while the results are not delivered to the people.
There are some other critics who have actually made it their aim to completely trash the project stating that there is no taste of art with this piece of artwork and just erecting a particular object of gold doesn’t signify art. “To bring attention to the upcoming launch of his new cryptocurrency, German artist Niclas Castello erected this cube in Central Park, where 125 people are living, per the last census. Four days ago, a man was found dead in a tent just half a mile from the site of the installation.”, says Artnet. This cube was supposed to be there for just a single day and was supposed to be moved. However, no movements have been made with the project yet.