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Beeple NFT buyer pivots to a physical art lab in Singapore

1 min read
Source: CNN
Beeple NFT buyer pivots to a physical art lab in Singapore
Photo: CNN
TL;DR

Vignesh Sundaresan paid about $69.3 million for Beeple’s NFT 'Everydays: The First 5000 Days' in 2021; five years on, he still believes in digital art and has turned that moment into Padimai Art & Tech Studio in Singapore—a VR-enabled gallery blending tech and art—while treating NFTs as ownership tech rather than pure speculation. He says he wouldn’t sell the Beeple piece as its value may unfold over decades, even as the NFT boom collapsed, and Beeple emphasizes the enduring potential of the technology.

Topics:businessarts-and-design#arts-and-design#beeple#everydays#nft#padimai#sundaresan
Share this article
  1. He spent $69 million on an NFT. Five years on, he believes in digital art more than ever  CNN
  2. Lawsuit Settles Who Really Bought Beeple’s $69 Million NFT  Artnet News
  3. Vignesh Sundaresan bought Beeple’s Everydays for $69.3M and vowed to stop auction bidding  mezha.net
  4. Judge ends dispute over who bought Beeple's Everydays  MSN

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