Who Bought 69 Million Digital Art?

Art|Digital Art

On March 11th, 2021, the first-ever NFT (non-fungible token) artwork sold for a record-breaking amount. The piece of art in question was titled ‘Everydays: The First 5000 Days’ by the digital artist known as Beeple. The artwork was sold for an astounding sum of $69 million, setting a new benchmark for NFT artwork sales.

Beeple is the alias of Mike Winkelmann, an American digital artist hailing from Appleton, Wisconsin. For the past 13 years he has been creating digital art and posting it on social media platforms such as Instagram and Twitter. He has gained a huge following of art lovers and digital enthusiasts around the world, which eventually led to his work being exhibited in world-renowned galleries and museums.

The record-breaking sale of ‘Everydays: The First 5000 Days’ marks a significant milestone in the world of digital art. It is also important to note that this particular piece was sold as an NFT, which is a type of cryptographic token stored on a blockchain that can be used to authenticate ownership rights to physical or digital assets. This means that the buyer now holds exclusive ownership rights to this artwork.

So who bought this iconic piece? According to reports, it was purchased by Vignesh Sundaresan, better known by his online handle MetaKovan. He is one of the founders of Metapurse which is an investment fund that focuses exclusively on acquiring rare NFTs and other cryptoassets.

This sale marks not only another milestone in Beeple’s career but also serves as a testament to the immense potential that exists within the world of digital art and blockchain technology. It will be interesting to see how this sale affects both Beeple’s career and future sales within this space.

Conclusion:

Who bought 69 million dollar worth Digital Art? Vignesh Sundaresan (MetaKovan), one of the founders Metapurse – an investment fund focused exclusively on acquiring rare NFTs and other cryptoassets – purchased ‘Everydays: The First 5000 Days’ by Mike Winkelmann (Beeple). This massive sale marks an important milestone in both the world of digital art and blockchain technology.