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Who are these people buying NFTs? These are some people mentioned in the article: > Benjamin Clymer, the editor of the watch site Hodinkee > John Demsey, the
by bko 6y ago
Who are these people buying NFTs? These are some people mentioned in the article:
> Benjamin Clymer, the editor of the watch site Hodinkee
> John Demsey, the executive group president of the Estée Lauder Companies
> Clement Kwan, the former president of Yoox Net-a-Porter and a founder of Beboe (he bought physical collectibles, not NFTs)
The people missing is the people that spend 8 figures on NFTs. The best I could find is Pablo Rodriguez-Fraile, who spent ~$67,000 and sold it for $6.6 million
I don't doubt that the sales are happening, especially since large institutions like Christie's auctions are involved. But it may be just an elaborate pump and dump by those with interests in these NFT markets. It just seems odd that people are spending absurd amounts on vanity products without coming out and owning it. Or maybe I'm just not in the right circles to know about them.
- donmcronald 6y agoMoney laundering? How else can you poof $60 million dollars of taxable money into existence?
- ac29 6y agoThe buyer of the $69M NFT was Vignesh Sundaresan, a "crypto entrepreneur": https://amycastor.com/2021/03/14/metakovan-the-mystery-beeple-art-buyer-and-his-nft-defi-scheme/ https://amycastor.com/2021/03/14/metakovan-the-mystery-beepl...