Investor 'stumbles' into 30,000% gain after buying Beeple NFT for $969
Cointelegraph
Published Mar 15, 2021 02:07AM ET
Updated Mar 15, 2021 03:40AM ET
Edward Fairchild, one of the founders of LA-based cannabis company THC Design, revealed that he "stumbled" into buying an NFT from acclaimed digital artist "Beeple" that has since increased in value by 30,000% since he purchased it in December.
Recounting the story in an article published by Business Insider on March 14, Fairchild noted that despite being a long-time fan of Beeple, he didn't have any knowledge about NFTs and had little faith that anybody would want to collect tokenized art at the time of the purchase.
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Written By: Cointelegraph
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