Last week, a software engineer from South India and Bitcoin Billionaire, Vignesh Sundaresan (also known as MetaKovan) made the headlines for making the most expensive NFT purchase. This week, in Christie’s auction, MetaKovan purchased an NFT piece titled “The First 5000 Days” for $69 million from artist Mike Winkelmann, better known as Beeple.
The story of the South Indian guy ‘MetaKovan’
A software engineer from South India and Bitcoin Billionaire, Vignesh Sundaresan (also known as MetaKovan) was also one of the first few people to make a huge profit off of Bitcoins, in which he had initially just invested $5000, but is now a Bitcoin Billionaire. Through an interview with Nas Daily, we get to know about MetaKovan’s success story.
MetaKovan did not grow up with money
“At night, I used to borrow my friend’s laptop, when they were just going to sleep, and then I used to use my pen-drive and learn how to code.”, he said, talking about how he learned to code and build simple websites, and how for most of his life, he could not even afford a laptop.
In total, he built 54 websites, and 51 of them failed completely. “So I remember one of the websites I built, on which anyone could hire a freelancer for $10. But, you know, that didn’t go very well. It failed.”, he says.
However, he happened to stumble upon Bitcoin, and instantly realised that the Bitcoin technology was going to be huge.
“It was a global idea, and it had people who were passionate about it from all over the world. That really made me feel that this is going to be really big.”, he continued. “Anything that’s new, is initially rejected. They laugh at first, in the same way, Bitcoin was laughed at. But, that’s when I know that something might work. So when people laugh at something, immediately my brain goes, ‘Maybe we should try it!’.”
MetaKovin believed in bitcoin so much, that he put every little saving he had into it, and invested all his time in building Bitcoin companies.
“So, I invested all my time on Bitcoin, and trying to build something on top of it, and thereby learning more about it.”
How much did his life really change?
It’s true that MetaKovan went from being a software engineer to a billionaire crypto holder. However, his lifestyle didn’t change all that much, because in reality, nothing in his life has changed. He owns, zero cars, zero houses, and zero stocks. He owns nothing in the real world, but he owns a lot in the virtual world, because he believes everything is virtual.
Why did MetaKovan buy a $69million NFT?
When asked what was going through his mind when he decided to buy a $69million NFT, he simply replied that nothing really was on his mind.
“At the auction, there was nothing on my mind. Actually, the funny part is, a lot of people thought that I was nervous and stuff..I was not. I knew this was happening and I had to do it. So I did it.”, he says.
“We are planning to build the monument in the Metaverse, which is a virtual space. We are going to build a huge monument, and we are going to put this art there, so that people can enjoy the $440 million pixel art in it’s true form, because it’s a digital native picture.”
So, for him, buying a $70 million piece of crypto art was not just an investment of sorts. It was an act of support. He wanted to support creators, artists, singers, musicians; people from all around the world from any race, gender and colour.
“People around the world have prejudices, and that gets me really angry, because, you have to look at what people do, and not how people look like or where they are from and make your conclusions.”, MetaKovan says. “Time and again, whenever I’ve been rejected or something, from an investor or someone, they’d always tell me I don’t have pedigree. And I hate that because, you never gave me a chance, and if you look at what I do, maybe you’ll reconsider your decision, and I think it’s the same for everyone in this world.
The goal is to decentralise. It is not about money, but it’s about decentralisation.