A secretive metaverse creator bought the $69 million Beeple NFT

MetaKovan, the pseudonymous founder of MetaPurse, is the buyer behind the $69 million winning bid for a Beeple NFT at Christie’s yesterday. It was the third-highest sale price ever for a work from a living artist.

“When you think of high-valued NFTs, this one is going to be pretty hard to beat,” MetaKovan said in a statement published by Christie’s. “And here’s why — it represents 13 years of everyday work. Techniques are replicable and skill is surpassable, but the only thing you can’t hack digitally is time. This is the crown jewel, the most valuable piece of art for this generation. It is worth $1 billion.”

The $69 million NFT represented a collage containing 5,000 mostly digital illustrations from Mike Winkelmann, better known as...

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