Who Bought the 69 Million Dollar Digital Art?

Art|Digital Art

The world of digital art has been revolutionized with the sale of a work by Beeple, a digital artist known for his 3D artwork. On March 11th 2021, the piece titled “Everydays: The First 5000 Days” was sold at Christie’s auction in New York City for an astounding $69 million USD. This marked the first time a purely digital artwork has ever sold at an auction.

The piece itself was created over the course of 13 years and consists of 5,000 individual images that build on each other to create an abstract display. It is an impressive feat to have put in such hard work and dedication into one piece of artwork, and it is a testament to Beeple’s skill that the piece was able to be sold for such a high price.

The buyer was Vignesh Sundaresan, also known as Metakovan, who is a crypto-millionaire from Singapore. Sundaresan purchased the artwork through his company Metapurse which he co-founded with Twobadour. They are currently building “the world’s largest NFT fund” which will focus on investing in other digital artworks.

Sundaresan is no stranger to buying expensive works of art; he also previously purchased another Beeple work for $6.6 million USD. He is one of many high-profile buyers who have been investing in digital artworks recently, showing that there is a growing interest in this type of art.

Conclusion:

The 69 million dollar digital art was bought by Vignesh Sundaresan (Metakovan), a crypto-millionaire from Singapore who co-founded Metapurse, which is looking to build “the world’s largest NFT fund”. His purchase shows that there is increasing interest in this type of artwork and it will be interesting to see what other works get bought in the future.