Metakovan, a Singapore-based Indian Cryptocurrency investor, has bought artwork by digital artist Beeple for $ 69.3 million.
Various media reports said that Metakova is a pseudonym of the investor, which means King of Meta in the Tamil language. His true identity is unknown, but the investor is a co-founder of an NFT collection called Metapurse.
The investor won the piece, titled – Everydays: First 5,000 days – for $ 69,346,250 (Rs 504 crore approx), according to Christie’s auction house.
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According to reports, the price jumped from the $ 20 million range to more than $ 50 million in the final minutes of the auction.
This work is a mosaic of 5,000 artworks made over the past 13 years by Mike Winkelmann, who goes by the artist Beeple name.
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This is the best-known sale of NFT, a unique type of token that resides on the Ethereum blockchain and verifies digital ownership of the associated media.
According to the New York Times, Leonardo da Vinci was the most expensive painting ever sold for $ 450.3 million in 2017.
The Arts Newspaper said that Twobadour, the steward of Metapurse who does not know what the true identity is as well, said that he understands that valuation may seem like “a staggering number, but we think that this has the potential to be one of the most valuable pieces of art ever “.
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