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The man who owns the world’s most expensive NFT


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Vignesh Sundaresan might not be a household name just yet. Still, the serial entrepreneur has made its mark in the crypto industry with a pseudonym that will certainly ring a bell—Metakovan.

Almost exactly a year ago, Sundaresan bought the world’s most expensive NFT and the third most expensive piece sold by a living artist. His $69.3 million purchase of Beeple’s historic “Everydays: The First 500 Days” shocked the industry and was, at least in part, responsible for propelling NFTs into the mainstream.

The "Everydays" NFT which sold for $69 million.
The “Everydays” NFT sold for $69 million.

The road to Beeple really is paved with good intentions

For months, the public tried to wrap its head around the purchase and figure out the identity of the person that now owned the world’s most expensive non-fungible token.

And while the identity of Metakovan, the pseudonym behind the purchase, was quickly revealed, the motivation behind the purchase remained largely unknown. In the days after the historical purchase, Sundaresan explained that part of his motivation to acquire Beeple’s work was to show Indians and people of…

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