While some still have no idea what NFT is and why cryptographic tokens are needed at all, their market is growing and thriving, gaining momentum year after year. Rare Pepes, CryptoPunks, CryptoKitties, and other digital art have already made a splash in the media space, invariably impressing with the price their new owners paid for them.
From the sphere of interest of geeks and enthusiasts, NFTs have entered the wide expanses of the global Internet and have now become an integral and amazing part of it. The acquisition of digital certificates has become an interesting and unusual type of investment and earnings, sometimes bringing in millions of dollars in income.
The NFT market is tens of billions of dollars, and in this article, we would like to talk about the Most Expensive NFT Art of All Time.
Sale value: $6 million
The token was created by the famous XCopy, an artist at the forefront of the NFT phenomenon. Five years ago, this moving portrait cost $139, and in 2022 it was sold for a whopping $6 million!
The current owner is jPeggyGiffenheim. By the way, this is not the first work of XCopy, which was sold for such fabulous money.
Selling price: $6.6 million
This high-selling NFT art was implemented through the Nifty Gateway immutable token platform. The plot of the cryptographic object is dedicated to the previous elections in the United States. At the same time, the picture has two scenarios: if Donald Trump had become the winner, he would have been depicted in a jubilant form. In the meantime, the ex-president is lying on the grass, covered with inscriptions a la "loser" or even "shit", and indifferent citizens pass by him.
Selling price: $7.6 million
A work of digital art from the collection of tokens on the Ethereum blockchain. A stylized pixelated portrait of a man with a smoking pipe was first sold in 2018 for 12 Ethereum. And three years later, its value rose to 4200 Ethereum.
At the same time, the hero of the picture is not just some ordinary citizen, but an alien, this is evidenced by the blue tint of his face. The previous owner of the token, Field, has repeatedly compared this token with the legendary Mona Lisa, emphasizing that this portrait is not inferior to her in importance.
Selling price: $7.67 million
Another alien guest from the CryptoPunk collection. An elegant alien with a white and blue headband is representative of 1000 pictures of the collection, each of which only becomes more expensive with the time.
At the same time, the value of NFTs from this collection is different. The most valuable exhibits are aliens, of which there are only 9. The price formation logic is such that the rarer the group of CryptoPunk series heroes, the more expensive NFT artwork with their participation.
Selling price: $11.75 million
This humanoid is considered one of the three rarest characters from the CryptoPunk collection. In June 2021, the NFT was sold for almost $12 million!
This NFT series was created in 2017 by Larva Labs. The described work was sold as part of 27 other cryptographic certificates through the world-famous Sotheby's auction. For all NFTs, they managed to raise a fabulous $171 million.
#7523 is considered to be the first NFT avatar released by its creators about 5 years ago. The initiative, which was originally just a free giveaway of Punks-NFT, became a real commercial sensation after a fairly short time.
Sale value: $23 million
The entire collection of CryptoPunk tokens is estimated at (very roughly) $9 billion, and #5822 is the most expensive member of this collection. It is currently owned by Chain director Deepak Taplial.
For a teenage alien in a blue bandana in February 2022, 8000 Ethereum was paid. Interestingly, the very first owner of this NFT bought it for 1 Ethereum. Such growth is sometimes recorded in the market of cryptographic certificates.
Selling price: $28.8 million
A man in a spacesuit walking in lush green grass has been sold at Christie's. It is noteworthy that the existing image is not the final version of the painting. In the description of the lot, it was said that this NFT is a "generative work of art" that will change throughout its life as new ideas of its creator are realized.
Selling price: $52.7 million
This NFT was created in support of Julian Assange, and he became one of the two co-authors of the creation. The dial measures the time since the arrest of Wikileaks. It was decided to sell the token to cover the huge costs of the ongoing lawsuits of the hero of the most notorious spy scandal of recent years. The clock was acquired by AssangeDAO, a group of volunteers. Not poor.
Selling price: $69.3 million
This NFT was created by American digital artist Mike Winkelmann aka Beeple and is currently his most expensive piece. This is a digital collage of the maestro's work, created from 5,000 days of his drawings and paintings.
The token was the first fully digital work of art to be sold through Christie's auction house. After the token was sold, Beeple became known as "one of the three most valuable artists alive today."
The sale of The First 5000 Days is also credited as the impetus behind the NFT market boom in 2021. This transaction fueled the activity of both sellers and buyers of these digital creations.
Selling price: $91.8 million
The case when the student surpassed the teacher. This NFT was created by Pak, who was mentored by Beeple. The owners of the token are 30 thousand people. They have joined their financial efforts to acquire the most expensive certificate of All Time. The sale of The Merge was made in December through the Nifty Gateway platform.
The division of ownership of the token was possible because the total volume of the transaction was broken down into "masses" - a special unit of measure used for NFTs. The sales were completed on December 04 and at that time the owners bought back 266,445 wt. At the beginning of sales, the cost of each unit was set at $575, and after that, the price increased every 6 hours.
The amount that was eventually paid for The Merge was a record - more has not yet been paid for NFTs in the entire history of their sales.
Now you learned about top-sold NFT art, sold for fabulous money. The NFT market is going through stages of formation, it has its ups and downs, just like everywhere else. Experts conclude that we will be able to see a full picture of the distribution and implementation of this technology only after a few years.
In the meantime, NFTs are growing in price, becoming more expensive year after year. The owners of some tokens, having purchased them for a few dollars 4-5 years ago, can now boast of millions of bank accounts. The capitalization of the NFT market is also only growing, investors are actively investing in this digital direction. At the moment, about 6 million different tokens have been sold, and this number is growing rapidly.
History is being created before our eyes because it was difficult to imagine that the virtual digital world would become an attractive investment area even 10 years ago. Cryptocurrencies and NFTs have radically changed the traditional way of things, and these innovations need to keep up.
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