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Indian investor paid $69.3 mn for an NFT so you can download it for free

The blockbuster price he paid helped bring attention to the burgeoning market for NFTs

Vignesh Sundaresan
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Vignesh Sundaresan, also known as MetaKovan, founder of Metapurse, speaks during the Annual Non-Fungible Token (NFT) Event in New York, U.S., on Tuesday, Nov. 2, 2021. Photo: Bloomberg

Joanna Ossinger | Bloomberg
Vignesh Sundaresan, also known as MetaKovan, spent $69.3 million on a Beeple non-fungible token earlier this year, but he’s not very possessive about it.
 
The beauty of an NFT is that everyone gets to enjoy it, the Indian cryptocurrency entrepreneur and investor said in an interview with Bloomberg News. In fact, he’d be happy if everyone downloaded a copy of “Everydays: the First 5000 Days.”

The blockbuster price he paid helped bring attention to the burgeoning market for NFTs, which has exploded in popularity since then. It’s gotten attention for the potential of the technology as well as the