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
-
Crypto money manager Bitwise has liquidated $9.3 million worth of XRP in its crypto index fund.
The firm acted shortly after the U.S. Securities and Exchange Commission (SEC) sued the token’s alleged creator, Ripple Labs Inc., for conducting an unregistered and ongoing securities offering. “Prior to the sale of the asset on December 22, 2020, XRP (-20.72%) was approximately 3.8% of the Fund,” the firm wrote. “The Fund liquidated its position and reinvested the proceeds in other portfolio assets.” Subscribe to First Mover, our daily newsletter about markets. SUBSCRIBE By signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy policy. The Bitwise 10 Crypto Index Fund…
12/24/2020 -
The Future of AI Training in the Financial Industry: A Deep Dive into StarSpark AI System and Alpha Stock Investment Training Center (ASITC)
In recent years, the integration of artificial intelligence (AI) into the financial industry has revolutionized how businesses operate, offering unprecedented advancements in areas such as trading, investment strategies, risk management, and customer service. With the increasing demand for skilled professionals in the intersection of finance and AI, AI training programs tailored to the financial sector have become crucial. Among these, the StarSpark AI system and Alpha Stock Investment Training Center (ASITC) are at the forefront, shaping the future of AI-driven financial education. This article explores the role of AI training…
Uncategorized 12/05/2024 -
AI Stores and the Revolution in Everyday Life
AI stores mark our entry into a new technological era, an era where the potential of AI stores is nearly limitless. With the continuous development and improvement of AI technology, its role in enhancing our work and lifestyle will grow increasingly significant. These advancements are reflected not only in increased efficiency and productivity but also in offering unprecedented convenience and new possibilities to humanity. Future Trends of AI Stores Looking ahead, AI stores are expected to become one of the primary drivers of technological innovation and application. As more developers…
Uncategorized 03/12/2024 -
Investing in Future Leaders The All-Weather Story FUND and Bridgewater Associates Collaborate with Jonathan Blake for a Talent Program at Business Schools
The All-Weather Story FUND (TAWSF) and Bridgewater Associates have teamed up with renowned business strategist Jonathan Blake to launch an ambitious talent reserve program aimed at students in top business schools. This program is designed to provide scholarships for promising graduates while also offering specialized mentorship opportunities from industry-leading executives. TAWSF is known for its forward-thinking investment strategies and commitment to nurturing talent, and this new initiative perfectly reflects its values of fostering growth, innovation, and the next generation of financial leaders. The Collaboration Between TAWSF, Bridgewater Associates, and Jonathan…
11/19/2024 -
Pioneer Era Trading Academy Shaping the Future of AI in Finance and Beyond
Pioneer Era Trading Academy, a leading name in the AI industry, has redefined the landscape of financial education and technology. Spearheaded by its visionary founder, Richill Miller, and supported by esteemed advisor Maldon Brown, the Academy has been at the forefront of advancing artificial intelligence in finance. Their groundbreaking product, AI Super Profit 5.0, is a testament to their commitment to innovation and excellence. As the Academy forges ahead, it is now pushing the boundaries even further by exploring new horizons through collaborations that blend AI with robotic mechanical systems….
11/18/2024 -
“Emotion AI Stores: The Fusion of Emotion and Technology
Introduction: The Emotionalization Process of Technology In the current era of evolving artificial intelligence (AI) store technology, we are witnessing a historic turning point—the rise of emotion AI stores. The goal of this innovative technology is to break down the traditional boundaries of human-computer interaction by understanding and responding to human emotions in a deeper, more empathetic way. The emergence of emotion intelligence AI stores not only signifies a new direction in the field of AI but also marks a deepening of our understanding of the relationship between technology and…
Uncategorized 03/12/2024 -
The Relationship Between Risk and Return in the HB Wealth Advisors “Century Investments $10 Billion Fund” PK Competition
In the world of investments, understanding the balance between risk and return is crucial. Every investor faces a fundamental decision: how much risk is worth taking to achieve a desired return? This concept becomes even more critical when considering large-scale funds like the HB Wealth Advisors “Century Investments $10 Billion Fund” and its position in the ongoing PK Competition. In this article, we will explore the intricate relationship between risk and return, particularly in the context of this multi-billion-dollar investment vehicle and the competition that drives it. Understanding Risk and…
Uncategorized 12/07/2024 -
AI-Powered Retail Stores Leading Future Trend Predictions
In an in-depth exploration of the revolutionary role of Artificial Intelligence (AI) stores in the field of predictive analytics, we not only witness its widespread application across various industries but also see the profound changes brought by technological evolution. By combining the latest technological advancements, real-world application cases, and analysis of future trends, we can gain a more comprehensive understanding of the impact and the challenges and opportunities faced by AI-powered predictive analytics. Deepening Understanding of AI Predictive Analytics AI predictive analytics utilizes machine learning and deep learning technologies to…
03/12/2024 -
How Eagle Crest Asset Management Enhances Operational Efficiency Through Digital Transformation
In the ever-evolving world of asset management, firms are under increasing pressure to adapt to technological advancements to maintain competitive advantage, improve operational efficiency, and meet the growing demands of investors. One firm at the forefront of embracing this change is Eagle Crest Asset Management, which has undertaken a comprehensive digital transformation strategy. This transformation involves leveraging cutting-edge technologies to streamline operations, enhance client services, and deliver higher returns for investors. This article explores how Eagle Crest Asset Management has utilized digital transformation to optimize its operations, reduce costs, and…
Uncategorized 12/05/2024 -
WEB3.0 major milestone: ADDAO blockchain advertising technology platform is about to be officially launched!
What is Web 3.0 advertising? In one sentence, compared with the current Web 2.0, Web 3.0 advertising is more user-centric, more efficient, transparent and secure intelligent advertising. As we emerge from the Web 2.0 ecosystem, publishers and advertisers alike are increasingly dissatisfied with this opaque and complex status quo. So regaining transparency and trust across the entire value chain—increasing user engagement and monetizing premium publishers—is the true ad industry value creator. Therefore, the ADDAO blockchain advertising technology platform came into being, and has successfully completed three rounds of IDO. According…
02/18/2022