Nonfungible tokens are “ten times better than their physical counterparts”, according to digital art collector MetaKovan.The pseudonymous art patron, who was recently revealed to be blockchain entrepreneur Vingaresh Sundaresan, bought the NFT of Beeple’s “EVERYDAYS: THE FIRST 5000 DAYS” for $69 million dollars earlier this year. Explaining the motives behind his purchase in an … [Read more...] about NFTs ‘ten times better’ than traditional art, says Beeple’s $69M NFT buyer
Beeples
MetaKovan explains why he paid $69 million for Beeple’s NFT artwork
Vignesh Sundaresan, known only as enigmatic crypto whale MetaKovan until recently, explained his fascination with non-fungible tokens (NFTs) which impelled him to pay $69 million for Beeple’s digital artwork.“I was saying NFTs are, you know, 10X better than the physical counterpart. One of the things which I really like about NFTs is the fact that it’s composable,” MetaKovan … [Read more...] about MetaKovan explains why he paid $69 million for Beeple’s NFT artwork
NFT special! Beeple’s millions, Banksy profits, problems for Kings of Leon
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, predictions and much more — a week on Cointelegraph in one link.Top Stories This WeekBeeple NFT auction closes at record-setting $69.3 millionThere’s plenty to discuss in the crypto … [Read more...] about NFT special! Beeple’s millions, Banksy profits, problems for Kings of Leon