openPR Logo
Press release

Metapurse Announces $2.2 Million NFT Acquisition

01-05-2021 08:49 AM CET | Arts & Culture

Press release from: Metapurse

/ PR Agency: MetaCast

Metapurse, a crypto-based initiative that owns the largest known collection of non-fungible tokens (NFTs), announced today their successful acquisition of twenty 1/1 Beeple artworks for ~$2.2m. The acquired artworks were the 1/1 versions of the Beeple Everydays: The 2020 Collection, which were auctioned on Nifty Gateway over the weekend of December 11th, 2020.

Metapurse, financed by Metakovan and operated jointly with Twobadour, captures the zeitgeist of the NFT movement, acquiring culturally pivotal NFTs. For instance, the largest estate of virtual land, the first ever NFT released by F1, or the first ever programmable work of art. Since 2017, the team has already built a diverse, evolving portfolio of various NFTs valued at over $3.2 million in a third party audit from NonFungible. They consider Beeple’s collection a very important cultural marker of this generation.

Before entering the NFT space, the artist Beeple worked with top companies and artists, such as Louis Vuitton, SpaceX, Apple, Justin Bieber, Katy Perry, Marshmello, and more. Notably, Beeple has stood out by creating one new cryptoart every single day for the last fourteen years, having never missed a day. His recently auctioned Beeple Everydays: The 2020 Collection featured 20 of his most prominent artworks created over the past year. During this drop, Beeple sold roughly $3.5 million (in primary sales) worth of art. This unprecedented number trumped the previous NFT art drop records that stood at less than $1 million.

Twobadour, who stewards Metapurse, explains that this acquisition is historic: “This won’t happen again. A single entity, scooping up every single piece of a legendary collection in an open auction. We got through the nerve-racking bidding because we had prepared for weeks in advance, and more importantly, had a vision for what comes after. While we are discussing next steps, one thing is for sure: we want the entire metaverse community to somehow share in these historic pieces of art.”

Andrew Steinwold
twobadour@metapurse.fund
255 South Canal Street, Chicago IL 60606

About Metapurse:
-Metapurse is a crypto-based initiative financed by Metakovan and operated jointly with Twobadour
-The Metapurse contains some of the most iconic NFTs in existence, including Urbit Galaxy, F1 DeltaTime III, First Supper, and virtual estates in Cryptovoxels and Decentraland.
-The portfolio not only aims to collect meaningful stories, but also catalyze financial and cultural inclusion.
-More info can be found by visiting metapurse.fund.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Metapurse Announces $2.2 Million NFT Acquisition here

News-ID: 2220451 • Views: 332

More Releases for NFT

Global NFT Piping System Market Overview Report by 2020-2025
Global Info Research offers a latest published report on NFT Piping System Analysis and Forecast 2019-2025 delivering key insights and providing a competitive advantage to clients through a detailed report. This report focuses on the key global NFT Piping System Concentrate players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years. Click to view the full report TOC,
Automotive OE Bumper Cover Market Analysis with Industry Key Player - Magna Inte …
A new report titled “Automotive OE Bumper Cover Market Trends Encouraging Growth Until the End of 2025” has been included in the enormous research repository of Market Research Reports Search Engine (MRRSE) that compiles various facets of the Automotive OE Bumper Cover Market at a global level portraying a holistic analysis of the marketplace along with intelligence on key participants. The report covers an unbiased analysis on various market aspects,
Automotive OE Bumper Cover Market Prospects & Upcoming Trends and Opportunities …
Looking at the current market trends as well as the promising demand status of the “Automotive OE Bumper Cover Market” it can be projected that the future years will bring out positive outcomes. This research report added by MRRSE on its online portal delivers clear insight about the changing tendencies across the global market. Readers can gather prime facets connected to the target market which includes product, end-use and application;
Automotive OE Bumper Cover Market 2025 || Industry Key Player - Plastic Omnium S …
The expanding database of Market Research Reports Search Engine (MRRSE) has been recently updated by the addition of a new study which is titled as “Automotive OE Bumper Cover Market Industry Assessment & Growth Forecast Examined till 2025 - MRRSE”. The fact based research report on global Automotive OE Bumper Cover Market covers various aspects such as trends, drivers, challenges and opportunities that have an influence on the growth and
Global Aerospace Titanium Blisk Market Analysis 2018 | Growth by Top Market Play …
Commercial aerospace titanium blisk market accounted for the highest market share in 2017. A blisk is a turbomachine component comprising both rotor disk and blades. It consists of a single part, instead of an assembly of a disk and individual, removable blades. Blisks may be additive manufactured, integrally cast, machined from a solid piece of material, or made by welding individual blades to a rotor disk. The term is used mainly
Automotive OE Bumper Cover market Case Study analysis of Compagnie Plastic Omniu …
Market Study Report, LLC, post a thorough analysis of the ‘Automotive OE Bumper Cover market’, has developed a comprehensive report emphasizing every vital aspect of the business vertical. The study has collectively presented refined data characterized by market valuation, SWOT analysis, market participants, regional segmentation, and revenue forecasts, enabling stakeholders to make logical business decisions. A bumper is a structure attached to or integrated with the front and rear ends