Mystery buyer of $69 million Beeple NFT reveals its identity

‘Metakovan’, the mysterious and previously unknown buyer of the $69 million Beeple NFT ‘The First 5,000 days’, has revealed his true identity in a blogpost on the Metapurser website on Thursday.

No longer wanting to keep it in the dark, blockhain entrepreneur Vignesh Sundaresan announced to be the person behind ‘Metakovan’ and said that “The point [of revealing himself] was to show Indians and people of color that they, too, could be patrons, that crypto was an equalizing power between the West and the Rest, and that the global south was rising.”

With the Indian government shifting gears in a ruling over cryptocurrency in the country, the announcement can be seen as a sign of support for the Indian bitcoin community to be proud of what they do and not to give up in what they believe in.

In the blogpost, Sundaresan shared the story of how he discovered crypto back in 2013 and the projects he got involved with.

Sundaresan, who started his ‘career’ in coding and currently is Chief Executive Officer of Singapore based consulting firm Portkey Technologies, is also the co-founder of BitAccess, which currently has over 1605 Bitcoin ATM’s deployed all around the world.

His involvement in the world’s first ICO, Ethereum, created an opportunity for Sundaresan to invest in other new ideas and projects such as Polkadot, Tezos and Decentraland, and eventually Metapurse. “Metapurse is a crypto-exclusive fund that specializes in identifying early-stage projects across blockchain infrastructure, finance, art, unique collectibles, and virtual estate,” as he wrote in the blog. And its mission is “to democratize access to NFTs”.

Sundaresan describes his investments as dynamic and said “like investing in a startup, there is rapid growth of capital, but the difference is early liquidity which leads to expedited compounding. This has allowed me free reign to continue to experiment in greenfield spaces and invest in high-potential but still unproven ideas.”

In the same blogpost, Sundaresan further announced a crypto fellowship sponsored by Metapurse, thereby offering a grant of $100,000 to five storytellers – writers, producers, content makers, spread across 12 monthly stipends.

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