Metapurse Founder Is Buyer of $69 Million Beeple NFT, Virtual Musuem In plans

The suspense behind who’s the real buyer for Beeple’s Digital artwork NFT that sold for a staggering $69 million, is finally out. Metakoven, the pseudonymous founder of Singapore-based NFT fund Metapurse is the final winner of the bid beating Tron’s Justin Sun in the last minutes of bid closing. The official announcement was made by the 250-year-old auction house Christie’s, which conducted the sale.

.@ChristiesInc is honored to announce that @Metakovan, the founder and financer of @Metapurse, the largest NFT fund in the world, was the winning bidder of @beeple’s THE FIRST 5000 DAYS, for $69.3 m (42329.453 ETH). Read more here:
— Christie’s (@ChristiesInc) March 12, 2021

Sun revealed that Metakoven added an additional quarter-million to his bid to finally seal the deal for $69,346,250. Just to give a perspective on how the big price escalated, the starting bid for Beeple’s masterpiece was just $100.
Beeple’s Everydays: The First 5,000 Days (2021) digital artwork is one of the most expensive digital artwork in history. It consists of nearly 500 artworks from Mike Winklemann, popular known as Beeple, spanned over years of work. Metakoven who serves as a pseudonymous identity said that he expects NFTs to reach $1 billion in valuations. He further added:
“When you think of high-valued NFTs, this one is going to be pretty hard to beat. And here’s why – it represents 13 years of everyday work. Techniques are replicable and skill is surpassable, but the only thing you can’t hack digitally is time. This …
Story continues on CoinGape

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