meta_pixel
Tapesearch Logo
Log in
Unchained

Unconfirmed: MetaKovan on Why He Spent $69 Million on a Jpeg - Ep.221

Unchained

Laura Shin

News, Tech News, Business News

4.61.3K Ratings

🗓️ 19 March 2021

⏱️ 40 minutes

🧾️ Download transcript

Summary

MetaKovan, the pseudonymous buyer of Beeple’s Everydays NFT and founder of MetaPurse, talks about his recent $69 million purchase. In this episode, he discusses: why he bought Everydays: The First 5000 Days for $69 million (1:57) Beeple’s 13-year “proof of effort” process of creating art and why Beeple has the potential to become a generational artist (4:38) why he believes NFTs are “10x” better than physical art (9:40) his vision of the metaverse (13:57) the reasons for hiding his identity behind the Metakovan avatar (17:09) how he made his fortune in crypto and why he felt comfortable spending $69 million on something that might be a fad (19:12) why he started Metapurse and how its native B20 token works (24:31) crypto news recap (28:57)   Thank you to our sponsor! Download the Crypto.com app and get $25 with the code “Laura”: https://crypto.onelink.me/J9Lg/unchainedcardearnfeb2    Episode Links   MetaKovan: https://twitter.com/metakovan?lang=en   Metapurse:  https://metapurse.fund/   Everydays: The First 5000 Days Purchase: https://www.coindesk.com/metakovan-buyer-of-record-setting-beeple-nft-explains-why-he-spent-69-3m https://www.nytimes.com/2021/03/12/arts/beeple-nft-buyer-ether.html https://www.cnbc.com/2021/03/12/buyer-of-69-million-beeple-nft-is-a-crypto-investo-metakovan.html https://www.washingtonpost.com/technology/2021/03/17/nft-beeple-metakovan-christies/ https://slate.com/technology/2021/03/metakovan-beeple-christies-auction-nfts.html    B20 Tokens: https://www.playtoearn.online/2021/01/13/metapurse-to-share-ownership-beeple-collection/ https://www.benzinga.com/markets/cryptocurrency/21/03/20195109/69m-beeple-nft-artwork-may-have-been-used-to-pump-b-20-token-price-by-6200-reports-suggest   Link to the Crypto News Recap: https://unchainedpodcast.com/3-publicly-traded-crypto-exchanges/   Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

heads up everyone just a quick note before we begin. I'm doing a giveaway of three tickets

0:05.1

to the Real Vision Crypto Gathering March 24th to 26th, in which I'll be interviewing

0:10.0

Bitcoin on-chain analyst Willie Wu and factor report author and publisher Peter Brandt.

0:15.3

If you're interested in what is happening with Bitcoin and where the price of the OG cryptocurrency

0:19.6

will be going later this year, you definitely will want to miss this discussion. To enter

0:23.8

to win by 3 p.m. Eastern on Tuesday March 23rd, first, follow the Unchained Podcast Twitter

0:30.1

account, an Unchained underscored pod, and second, tweet about your favorite Unchained

0:35.4

or Unconfirmed episode with a link, and the hashtag Unchained Giveaway.

0:40.1

Again, the deadline is 3 p.m. Eastern on Tuesday March 23rd, and to enter to win, you need

0:46.0

to follow the Unchained pod Twitter account, tweet about your favorite Unchained or Unconfirmed

0:50.7

episode with a link, and the hashtag Unchained Giveaway. We will contact the winners on Twitter

0:56.1

shortly after 3 p.m. Eastern on Tuesday, now on to the show.

1:00.4

Hi, everyone. Welcome to Unconfirmed, the show that reveals how the marketing news in

1:08.6

crypto are reacting to the least hot headlines and gets the insidescube on what they say

1:12.6

on the horizon. I'm your host, Laura Shin, a journalist with over two decades of experience.

1:18.0

I started covering crypto five years ago, and as a senior editor at Forbes, was the

1:22.5

first mainstream media reporter to cover cryptocurrency full-time.

1:26.5

Unchained and Unconfirmed are now published as videos. If you're not yet subscribed

1:30.1

to the Unchained YouTube channel, head to youtube.com slash c slash Unchained Podcast and subscribe

1:35.7

today.

1:37.2

The Crypto.com app pays you up to 8.5% interest on your Bitcoin. Get $25 when you download

1:43.2

the Crypto.com app with code Laura. The link is in the description.

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Laura Shin, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Laura Shin and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2026.