Why NFTs are ‘ten times better’ than traditional art | Interview with $69 million NFT buyers


NFT collectors MetaKovan and Twobadour explain their investment thesis on nonfungible tokens and why NFTs are “ten times better” than traditional artworks.

0:00 Intro
1:15 What is the social cause you are pursuing as art patrons
2:40 Why did you buy Beeple’s “Everydays: The First 5000 Days” for $69 million?
3:55 What makes Beeple more valuable than Leonardo da Vinci?
5:58 What makes NFTs better than physical artwork?
8:18 What if a single artist creates multiple NFTs of a single piece of art?
10:18 Is there a bubble growing in the NFT market?
12:30 To what extent is the success of NFTs tied to Bitcoin?
14:20 What is the rationale behind fractionalizing ownership of a piece of art?
15:18 How do you respond to criticisms around the auction sale?
18:07 Outro

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