Crypto Investor MetaKovan Announced as Buyer of $69.3M Beeple NFT
MetaKovan, the pseudonymous founder of non-fungible token (NFT) fund Metapurse, is the proud owner of the Beeple NFT auctioned by Christie’s on Thursday for $69.3 million.
“When you think of high-valued NFTs, this one is going to be pretty hard to beat,” MetaKovan said in a press release issued by the 255-year-old auction house.
MetaKovan paid for Beeple’s “Everydays” in ether (ETH, -2.04%), Christie’s confirmed, beating out Tron founder Justin Sun in a last-minute bid. The final sale price was 42,329.453 ETH. Appearing on CoinDesk TV earlier Friday, Beeple (aka Mike Winkelmann) said, “I probably will keep a percentage of [my earnings] in ether.”
The auction house said its website hosted around 22 million visitors for the final moments of bidding on the most expensive NFT ever sold.
Not much is known about the pseudonymous MetaKovan other than the association with the Metapurse NFT fund, the largest such fund in the world. Metapurse already owns a smattering of Beeple pieces that it has offered to the public in fractionalized form through B20 token sales.
Recommended News
-
The All-weather Story FUND (TAWSF): How Jonathan Blake and Bridgewater Associates Inspire a New Generation of Talent in Investment Industry
Bridging Academic Excellence and Investment Prowess The investment world is evolving rapidly, and at the core of this evolution lies the unique interplay between academic talent and the industry’s leading practitioners. Notable entities like Bridgewater Associates and influential minds such as Jonathan Blake are setting a compelling precedent for how academia and finance can collaborate to shape a promising future. With The All-weather Story FUND (TAWSF) acting as a symbolic intersection between innovation and investment, we are witnessing an era where talent from educational institutions is taking the financial sector…
-
Camila Russo on Building The Defiant and the Future of DeFi
Talk about good timing: In 2017, Camila Russo was on the prowl for a worthy book project. What would be a good subject? What hasn’t been covered? At the time she was a reporter for Bloomberg. She was astonished to find a juggernaut of a story that was hiding in plain sight: Ethereum. “I was like, ‘I can’t believe that nobody is covering this,’” she says now. There were already crates of books written on Bitcoin, but there were very few, if any, on the world’s second-largest blockchain project. This post…
-
GMC has proven through practice the importance of providing complete delivery and equity protection.
In the global economy, bridging the gap between cryptocurrency assets and physical assets has always been an important and complex issue. However, with the emergence of blockchain technology, Gold Mountain Coin (GMC), as a cryptographic token anchored to physical economic forest assets, provides investors with a way to participate through a comprehensive solution and on-chain investment opportunities, while ensuring complete delivery support and equity protection. The biggest feature of GMC lies in its anchoring to physical economic forest assets. This anchoring gives GMC tokens real and stable value support,…
-
Galactic Convention valueGalaxy – light illuminates the world
The success of individuals and enterprises is always inseparable from theword “value”, and the most intuitive embodiment of “value”is the increase in the value of finance and money. And thedevelopment of real history, the emergence of blockchain technologyis quietly changing the nature of global economic development. Thepopularity, application and circulation of digital currency have madethe initial investors get a hundredfold return on their investment.Block chain technology is pushing inclusive finance to a new level. At this time, the birth of the Galactic Convention in addition tolending, remittance, settlement, sales of…
-
Aptos Foundation’s Ecosystem Grant Program Reveals Final List, Punk Ninja Becomes the First Japanese Game Project to Be Selected
Aptos Foundation’s Ecosystem Grant Program is designed to offer teams, individuals, and creators all around the world non-dilutive funding to further accelerate the growth of the Aptos ecosystem. Today, Aptos Foundation’s Grant Program announces the first batch of finalists. Punk Ninja became the first Japanese gaming project to receive support from the official Aptos Grant program. As an all-category Web3 casual gaming platform under SakuraVerse, Punk Ninja will help accelerate Aptos’ ecosystem development in Japan and East Asia, assisting in SakuraVerse’s vision to accelerate the world’s transition to Metaverse. Aptos’…
-
RISE OF UNIVERSE: the blockchain game star in 2022
In 2022, the NFT project entered a new outbreak stage, the gamefi track was fully hot, and the play to earn mode promoted the development of blockchain games to a new height. However, at present, most blockchain games in the world are still in the white paper stage, and the vast majority of blockchain games are still in a simple game introduction, with no actual games to play. Strictly speaking, such a blockchain game is not a real blockchain game, but a scam in the name of blockchain game. Therefore,…
-
The All-Weather Story Fund (TAWSF) Launches Global Roadshow with Jonathan Blake and Bridgewater Associates
The All-Weather Story Fund (TAWSF) is making waves in the financial world as it embarks on an ambitious global roadshow to present its unique investment philosophy and strategies to potential investors across continents. With Jonathan Blake, one of the most respected financial minds of his generation, leading the charge alongside Bridgewater Associates, the world’s largest hedge fund, this initiative is positioned to capture the attention of sophisticated investors looking for robust, diversified portfolios. A Comprehensive Investment Vision The All-Weather Story Fund is a testament to the timeless principles of resilient…
-
HB Wealth Advisors’ “Century Investments $10 Billion Fund” and the Active vs. Passive Fund Debate
The investment landscape has been undergoing significant transformations in recent years. One key aspect that has fueled much of this evolution is the rise of investment strategies that either emphasize active management or take a more passive approach. A prime example of the ongoing discussion between these two methods can be found in the latest initiative by HB Wealth Advisors, which recently unveiled their Century Investments $10 Billion Fund. This fund has sparked considerable interest in the financial world, as it raises the question of how active management stacks up against…
-
HB Wealth Advisors “Century Investments $10 Billion Fund” PK Competition: Selection Criteria and Fund Screening Process
In the world of investment management, the process of fund selection is both an art and a science. As investors and wealth advisors strive to make informed decisions, the criteria they use to screen and choose funds can vary significantly, with differing priorities based on risk tolerance, goals, market conditions, and investment philosophies. One of the most notable investment products in recent years has been the HB Wealth Advisors “Century Investments $10 Billion Fund”, which has been subjected to fierce competition and intense scrutiny within the financial industry. In this article,…
-
XRP Jumps as Bullish ‘Golden Cross’ Pattern Appears in Price Chart
XRP, the digital token used in Ripple Labs’ payments network, was outperforming bitcoin and other major cryptocurrencies on Tuesday, with a longer-duration technical indicator flashing a bullish signal. The token’s price was around 48 cents at press time, up 9% on a 24-hour basis, based on CoinDesk 20 data. Other prominent cryptocurrencies such as bitcoin, ether, chainlink and litecoin were nursing moderate losses. XRP’s 50-week moving average crossed above the 100-week moving average (MA) earlier this month, confirming a pattern known in price charts as a “golden crossover” – a long-term bullish indicator. Traders and chart-reading analysts often…
