Who Bought the Most Expensive Digital Art Sold?

Art|Digital Art

In March 2021, the world was witness to a remarkable event – the auction of a digital artwork, “Everydays: The First 5000 Days”, for a staggering price of almost $70 million. This work of art has been created by the artist known as “Beeple” and is a collage of 5,000 individual images. It is considered to be the first major artwork to be sold via blockchain technology, and it has set a new record for digital art.

The buyer of Beeple’s masterpiece is called Metakovan. He is a pseudonymous investor from Singapore who has invested in cryptocurrency. Metakovan is part of an investment group called The Singapore-based Metapurse fund, which focuses on buying digital artworks that are unique and hold value over time.

The amount paid for Beeple’s artwork is the largest sum ever paid for digital artwork. It was bought for almost five times more than the previous record-holder, the work entitled “CryptoPunk #7804” which was sold for around $17 million in March 2021.

Beeple’s work also broke another record – it was sold in just 20 minutes after going up for auction on NFT marketplace, Christie’s Open Editions. This proves that there is a growing demand and appreciation for digital art.

Conclusion:

The most expensive digital art ever sold was purchased by Metakovan, an anonymous investor from Singapore. The artwork was created by artist Beeple and went up for auction on Christie’s Open Editions in March 2021. It sold for almost $70 million, setting a new world record for digital art sales and proving there is growing demand and appreciation for this unique form of art.