Who Bought 70 Million Digital Art?

Art|Digital Art

A mysterious figure recently made a huge splash in the digital art world when it was revealed that they purchased a digital artwork for an astonishing $69.3 million. This figure, known only as “Metakovan,” is a crypto-collector and investor who uses blockchain technology to track and store their digital art portfolio.

The artwork in question is called “Everydays: The First 5000 Days” and was created by artist Beeple in 2007. The piece is composed of over 5,000 unique images that Beeple has posted on social media since then. The work was sold through Christie’s auction house as a non-fungible token (NFT) – a type of digital asset stored on the blockchain.

Metakovan is no stranger to high-value purchases of digital artworks; he and his partner Twobadour are actually the founders of the Metapurse fund, which invests in NFTs. They have also purchased other works from Beeple, such as “Crossroad” and “Trust Machine.”

The purchase of this artwork has caused quite a stir in the art world, with many experts debating what it means for the future of art collecting and investing.

Some argue that this purchase legitimizes the value of digital artworks and could open up new opportunities for aspiring artists.

Others are more cautious, arguing that these investments are still highly speculative and could be subject to wild price swings or become worthless if the technology fails to catch on.


Metakovan’s purchase of Beeple’s “Everydays: The First 5000 Days” for $69.3 million has created a stir in the art world about what this means for digital art collecting and investing. While some believe this could open up new opportunities for artists, others remain cautious about its long-term viability as an investment vehicle. Only time will tell how this purchase will shape the future of digital art collecting.