CoinDesk Reports

‘I Guess I Just Don’t Understand ...’ Enthusiasts React to $69M Beeple NFT Sale

As news broke of the record-busting auction at the venerable Christie’s, crypto enthusiasts reacted to and discussed impacts and implications.

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ABOUT

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As news broke of the record-busting auction at the venerable Christie’s, crypto enthusiasts reacted to and discussed impacts and implications.

In this special episode of “CoinDesk Reports,” Managing Editor of Podcasts Adam B. Levine took to Clubhouse, the audio-only social media platform, for hot takes and quick reactions from crypto enthusiasts. What he found was, well, a lot of confusion around why an image on the internet that anyone can see for free would be worth more than a 62-bedroom mansion in New Zealand, and frankly, most anything you might want to buy.

See also: A Beeple Artwork Just Sold for $69M: NFT Bubble or Everything Bubble?

HOST

Adam B. Levine

Adam B. Levine joined CoinDesk in 2019 as the editor of its new audio and podcasts division. Previously, Adam founded the long-running Let's Talk Bitcoin! talk show with co-hosts Stephanie Murphy and Andreas M. Antonopoulos.

Finding early success with the show, Adam transformed the podcast's homepage into a full newsdesk and publishing platform, founding the LTB Network in January of 2014 to help broaden the conversation with new and different perspectives. In the Spring of that year, he would go on to launch the first and largest tokenized rewards program for creators and their audience. In what many have called an early influential version of "Steemit"; LTBCOIN, which was awarded to both content creators and members of the audience for participation was distributed until the LTBN was acquired by BTC, Inc. in January of 2017.

With the network launched and growing, in late 2014 Adam turned his attention to the practical challenges of administering the tokenized program and founded Tokenly, Inc. There, he led the development of early tokenized vending machines with Swapbot, tokenized identity solution Tokenpass, e-commerce with TokenMarkets.com and media with Token.fm. Adam owns some BTC, ETH and small positions in a number of other tokens.

Adam B. Levine