Unconfirmed: MetaKovan on Why He Spent $69 Million on a Jpeg - Ep.221

MetaKovan, the pseudonymous buyer of Beeple’s Everydays NFT and founder of MetaPurse, talks about his recent $69 million purchase. In this episode, he discusses: why he bought Everydays: The First 5000 Days for $69 million (1:57) Beeple’s 13-year “proof of effort” process of creating art and why Beeple has the potential to become a generational artist (4:38) why he believes NFTs are “10x” better than physical art (9:40) his vision of the metaverse (13:57) the reasons for hiding his identity behind the Metakovan avatar (17:09) how he made his fortune in crypto and why he felt comfortable spending $69 million on something that might be a fad (19:12) why he started Metapurse and how its native B20 token works (24:31) crypto news recap (28:57)   Thank you to our sponsor! Download the Crypto.com app and get $25 with the code “Laura”: https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2    Episode Links   MetaKovan: https://twitter.com/metakovan?lang=en   Metapurse:  https://metapurse.fund/   Everydays: The First 5000 Days Purchase: https://www.coindesk.com/metakovan-buyer-of-record-setting-beeple-nft-explains-why-he-spent-69-3m https://www.nytimes.com/2021/03/12/arts/beeple-nft-buyer-ether.html https://www.cnbc.com/2021/03/12/buyer-of-69-million-beeple-nft-is-a-crypto-investo-metakovan.html https://www.washingtonpost.com/technology/2021/03/17/nft-beeple-metakovan-christies/ https://slate.com/technology/2021/03/metakovan-beeple-christies-auction-nfts.html    B20 Tokens: https://www.playtoearn.online/2021/01/13/metapurse-to-share-ownership-beeple-collection/ https://www.benzinga.com/markets/cryptocurrency/21/03/20195109/69m-beeple-nft-artwork-may-have-been-used-to-pump-b-20-token-price-by-6200-reports-suggest   Link to the Crypto News Recap: https://unchainedpodcast.com/3-publicly-traded-crypto-exchanges/   Learn more about your ad choices. Visit megaphone.fm/adchoices

Om Podcasten

Crypto assets and blockchain technology are about to transform every trust-based interaction of our lives, from financial services to identity to the Internet of Things. In this podcast, host Laura Shin, an independent journalist covering all things crypto, talks with industry pioneers about how crypto assets and blockchains will change the way we earn, spend and invest our money. Tune in to find out how Web 3.0, the decentralized web, will revolutionize our world. Disclosure: I'm a nocoiner.