Top 5 Expensive NFTs (Most expensive NFTs sold)
NFTs, referred to as Non-fungible Tokens, are digital assets representing real-world objects like art, music, videos, etc.; they are built and stored on Blockchain and usually bought and sold on exchanges. NFTs have been in the market since 2015. However, they have gained immense popularity only since 2021. This is because investors and common people have been going crazy over the blockchain craze; hence, some of the NFTs have been bought for a very high price. But also, the power/value of the NFTs solely depends on their rarity and uniqueness.
In this article, let's have a look at the top 5 expensive NFTs sold to date.
The Merge - $91.8 M
The Merge was sold for a whopping price of $91.8M on 2 December 2021 via Nifty Gateway. The NFT consists of three large white masses (dots) on a black background. An individual did not buy this art piece created by the artist Pak. Instead, almost 30,000 collectors came together and purchased 312,686 units of mass (meaning they were single NFTs). The units were sold for $575 in the initial phase, which increased by 25$ every 6 hours. By far, this is the most expensive NFT ever sold.
The First 5000 Days - $69.3 M
Beeple's Everyday: The First 5000 days were initially the most expensive NFT until the end of 2021. However, the Merge overpowered it later. Unlike Merge, this was sold to an Individual investor.
The first 5000 days was a collage of 5000 individual NFTs that Beeple created for his Everyday's series. The famous Christie house auctioned this unique piece for $69 million. The NFT was purchased by Vignesh Sundaresan, also known as Metakovan, the founder of the Metapurse NFT project. The artwork is currently being displayed in an online gallery in the metaverse, in case you want to check it out!
Clock - $52.7 M
This NFT created by Julian Assange was done for a particular cause. Julian Assange was imprisoned in May 2019 after a controversial arrest, so it was created to raise funds to defend him. The NFT is a clock that displays the number of days since Assange was imprisoned. A total of over 10,000 supporters contributed to the massive $56m price tag. Each of them owns a share of the NFT.
Human One - $28.9 M
Beeple has sold some of the most expensive NFTs, with Human One ranking second on his list. As part of Christie's 21st-century evening sale on 9 November 2021, Human-One was auctioned for a fee of 28.9 Million. Human One is a life-size 3D NFT depicting an individual wearing a spacesuit that changes color (bronze or silver) based on the artist's wishes.
The exciting factor about this artwork is that it changes over time. Beeple mentioned that he would upgrade the artwork throughout its lifespan to keep it dynamic and relevant.
CryptoPunk #5822 - $23.7 M
CryptoPunk is popular because it evokes memories of the 80s, pop and punk, and pixelated video games from the era. Of the entire CryptoPunks collection, this is the most expensive NFT. In keeping with the trend of tremendously expensive 'alien' CryptoPunks, 5822 sold for more than $23 million on 12 February 2022. Most CryptoPunks are in humanoid forms, and some of its most sought-after pieces include zombies, monkeys, and aliens. Among the 10,000 collections, Aliens crypto punks are the most expensive because only nine of them exist. This crypto punk #5822 is one of the nine aliens and wears a blue bandana.
Conclusion
On that note, many investors reading this article might find the above NFTs out of your price range! However, several smaller NFT projects in their early stages could show significant growth in the future. So, to save you from the hassle of finding new ones, here is a list of our suggestions.
Some of the best NFT projects to invest in are Azuki NFTs, Lucky Block NFTs, Prime Ape Planet NFTs, CryptoPunks NFTs, Polygon Punks NFTs, VeeFriends NFTs, and World of Women NFTs.