The buyer was an N.F.T. fund called Metapurse, led by Vignesh Sundaresan, a Singapore-based blockchain entrepreneur. “This is going to be a billion-dollar piece someday,” another Metapurse operator, Anand Venkateswaran, told the site Artnet, after the sale. “This has the potential to be the work of art of this generation.”
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When I asked him about the inspiration for one of his early “Everydays,” he replied, “I’m going to be honest, when you say, ‘Abstract Expressionism,’ literally, I have no idea what the hell that is.” Yet Winkelmann is now fielding offers from some of the largest galleries in the world. A few hours before I spoke with him, he’d received a message from Damien Hirst, an art-world enfant terrible of an earlier decade. He read it off to me from his iPhone screen: “My fifteen-year-old son showed me your work a while ago, this is fucking great, congratulations, you’re awesome.”
Kyle Chayka, The New Yorker, March 22, 2021
Read the full article here at The New Yorker.
In contrast to the N.F.T. of Beeple, dadacoin provides a fungible token with far more utilities (and finer art).