> The person who bought it (pseudonym Metakovan) runs https://metapurse.fund/ and says that Beeple's NFT is worth a billion.

I am not at all surprised that the person who paid that much is involved in hyping NFTs. IIRC, they also paid for it with Ethereum, and I think it's highly likely that they were someone who hit the crypto jackpot by getting it when it was very, very cheap, and are hoping lightning strikes twice.

You mean a person who sunk a lot of money into it and has a vested interest in having other people think it has a lot of value thinks it has a lot of value?

Holy shit.