The year 2021 will go down in history as the year when cryptocurrencies were massively adopted by users, thanks in large part to the non-fungible token (NFT) boom. Indeed, NFTs have become mainstream and have captured the attention of millions around the world.
Today, despite ups and downs, the NFT universe continues to grow, with its total market value now in the billions of US dollars.
Discover the most expensive NFTs and why they’ve sold millions.
NFTs sell in the millions
Blockchain has transformed the digital universe, allowing almost anything to be tokenized and converted into NFTs.
Crypto art collections, for example, have sold for millions of dollars in JPEG form. Some of the most expensive NFTs sold to date come from collections Bored Ape Yacht Club (BAYC) and CryptoPunks – two of the most successful brands in the NFT market.
Celebrities and influencers, in particular, sprang into action, some even launching their own collections, further increasing the perceived value of NFTs and the growth of this industry.
So, which NFTs have sold for tens of millions of dollars and what made them so valuable in the eyes of the collectors?
These are the 5 most expensive NFTs in the world
The Merger – $92 Million
NFT to combine currently tops the list of the most expensive NFTs sold to date. The dynamic artwork was created by an anonymous digital artist known as package†
It was sold on December 6, 2021 for $91.8 million. The Merge was a unique work of art consisting of a worldwide collection for users to purchase. As a split coin, that means it consisted of 312,686 coins that were distributed to 28,983 buyers. By the end of the sale, The Merge had generated $91.8 million, knocking The First 5000 Days off the throne beeple to become the most expensive NFT sold to date.
The first 5000 days – $69 million
Before the fusion will not be sold in December 2021, Every day: the first 5000 days held the record for the most expensive NFT sales for ten consecutive months. The artwork was created by artist Michael Winkelmann, also known as beeple†
Beeple is a famous digital artist in the crypto art community as his work Crossroads eventually became a six figure sale. The work was sold at an auction on Christie’s on February 21, 2021, for US$69 million. Traditional customers’ original bid for the artwork was $100.
Clock – $53 million
NFT Clock is made by package and Julian Assange† This is an efficient NFT that works like a clock and counts the number of days in prison from Assange, the founder of WikiLeaks.
This piece was created to raise money for Assange’s legal defense. It was bought by AssangeDAO, a group of people pooling their money to buy the NFT.
Human One – $29 million
HumanOne is another NFT artwork created by Beeple that has sold for nearly $29 million. It is a dynamic, life-generating sculpture in which an astronaut walks through changing environments. She was bought by Ryan Zurer†
Beeple described the artwork as “the first portrait of a human born in the metaverse”. In addition, the artist promised to update the work throughout his life, so that it never remains static. This means that even though it was sold to Zurrer, Beeple can still access the physical artwork remotely to allow for updates.
CryptoPunk #5822 – $24 million
CryptoPunk number 5822 remains the most expensive CryptoPunk character sold to date. The character was bought by the CEO of chain† Deepak Thapliyalfor $23.7 million on February 12, 2022.
The CryptoPunk series of NFTs is the most expensive since its launch, with trading volume exceeding $9 billion. CryptoPunk character #5822 shows a blue alien wearing a bandana, and the original owner reportedly purchased the artwork for less than 1 ETH (about $2,000 at the time of writing).
Will the craze for NFTs run out or rise to new heights in 2022? Anyway, know that there are many more affordable NFTs, for a few cents…
On the same topic: 5 Completely Crazy NFTs To Know (Or Not…)! and Selling an NFT in 5 steps
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