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Beeple NFT buyer pivots to a physical art lab in Singapore
arts-and-design3 hours ago

Beeple NFT buyer pivots to a physical art lab in Singapore

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.