“Let’s be honest, the NFT art world would not be having the trajectory it is, if Metakovan and Twobadour did not spend close to $70 million worth of crypto on Beeple’s Everydays: The First 5000 Days,” says Amrita Sethi, “That figure alone is enough for artists to start delving into the virtual NFT art space.”
Amrita, having been a banker for many years is aware of the economics and hefty financing required to get NFT off the ground. She points out the reason prices are sky-high at the moment is the virtual world understands how much of a pivotal moment this is for society — this is then priced into the virtual art market. The artist has even divided timelines into two: B.B. as ‘Before Beeple’ and A.B. as ‘After Beeple’, similar to those of B.C. and A.D. — who knows, this might even catch on.
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