Memorable sporting events are provided by NFTs, which have no physical counterpart. Historic sporting moments, such as game-changing dunks or game-changing touchdowns, are featured in these clips. These films can be as little as 10 seconds, but they can sell for as much as $300,000. The ‘Save Thousands of Lives’ project was created by Noora Health so that the proceedings from this NFT actually go to the purpose of saving lives across the world.

Behind the scene of the most expensive collections: Always as amazing as the first

The name of Edward Snowden is etched in the pages of history with his release of classified information from the NSA in 2013. Eight years after that gigantic sensational news that rocked the world, Edward Snowden again made it to the news screen by selling the ‘Stay Free’ NFT for nearly US$ 5.4 million. The entire scenic splendor caused the NFT to be sold for US$ 6 million flat at an auction. Although Beeple is one of the iconic NFT studios, this isn’t their most expensive NFT 2024. In the NFT ticketing system, NFTs from a unique collection, create …

Most Expensive NFT ever sold (

All prices quoted are current as of December 2022 and can fluctuate. All examples listed in this article are for informational purposes only. You should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained herein shall constitute a solicitation, recommendation, endorsement, or offer by Crypto.com to invest, buy, or sell any digital assets.

A Brief History of NFTs

It is an animated GIF that shows a resemblance to old artworks combined with a modern digital glitch twist. This NFT broke the market when it was sold for 1,600 ETH to “Cozomo de’ Medici” aka SNOOP DOGG. It is the only masked crypto punk in the already rare alien category. Created by Mike Winkelmann, popularly known as Beeple, The First 5000 Days is a digital art composed of 5000 different images that Mike himself drew over time in his career. “The Merge” was sold into parts (units) called “mass.” During the sale, 295,417 units were sold to around 28,893 collectors, making it world’s most expensive nft.

About Everydays: The two-ranked masterpiece in the top expensive NFTs

NFTs have revolutionized the way we think about digital ownership, with a growing number of high-profile sales in recent years. The most expensive NFTs ever sold have been created by a wide range of artists and musicians, and have included everything from virtual roses to rare 8-bit characters on the Ethereum blockchain. As the market for NFTs continues to grow, it’s likely that we’ll see even more high-profile sales in the years to come.

Human One by Beeple

Each NFT is generally one of a kind and has a unique identification code. British auction house Christie’s sold an expansive collection of Beeple’s artworks for an unparalleled amount of 69 million at its first-ever digital art auction. Beeple has been creating paintings every day since May 2007, with no days off. Enormous NFT sales have been shaking the digital art scene for the last two years.

• A user named “SillyTuna” sold the NFT to an unknown buyer on a US-based broker platform Sotheby’s.
• “The Merge” has a built-in scarcity mechanism that decreases the token supply as time passes.
• As investors and artists alike have started to see possibilities beyond just cryptocurrencies, this sale helped further thrust interest in NFTs into mainstream culture.
• The artist’s personality, story of the project, unusual technologies in use, or some interesting extra features are all ingredients for “cooking” a potential best seller.
• He is most known for developing Archillect, an AI designed to discover and distribute visual art.

Album: 10 Most Expensive NFT’s Ever Sold

This unique sales strategy led to a massive collective purchase, with 28,983 collectors acquiring a total of 312,686 units. This innovative approach to selling art in divisible pieces challenges traditional notions of art ownership and the definition of a singular art piece. This trend of high-value sales extends beyond individual artists to collaborations with major brands, which often bring additional prestige and visibility to these digital assets. As the market continues to evolve, the allure of these collaborations and the stories behind the NFTs remain a driving force behind their value.

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NFTart continues to have a cultural and economic impact on the broader art world. Christie’s and Sotheby’s now regularly hold NFT auctions that meet the strictest fine art criteria. Furthermore, NFTart has changed the economic aspects of dealing art as these assets have fluidity and instantaneous transfer by transacting on the blockchain.

CryptoPunk #7804 — $7.6m

Among these, the “Golden Key” by Yuga Labs and notable figures from the CryptoPunk and Bored Ape Yacht Club collections have set benchmarks in the market. However, for our ranking, we’ve focused on sales of single-edition NFTs, excluding open-edition NFTs like Pak’s “The Merge”, which amassed $91.8 million in sales, to maintain a consistent methodology. The association with the ERC-721 standard made CryptoPunks, or as some refer to them, Cryptopunk NFT, an instant hit among those who seek novelties or just want to mine for profit. These digital pieces have become status symbols in the NFT world, often fetching a hefty price in the market.

XCOPY, All Time High in the City: $6.2 million

This expensive artwork shows an astronaut exploring places at different times, and it represents the artist’s determination to create artwork outside digital space. Human One is another expensive NFT that sold for $28,985,000 in November 2021. It represents Beeple’s first real-world artwork, a 3D moving sculpture with four screens.

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The success of the CryptoPunks has fueled the emergence of CryptoPunks-related NFT projects, and some of the most expensive NFT assets. Every blockchain network that has NFTs has its version of Punks, including Solana, Algorand, and Stacks. It is the rarest NFT in the collection and there are only nine of them in the entire collection. The NFT was bought by Deepak Thapliyal, the CEO of Chain, a cloud blockchain infrastructure firm.

Commodity Prices

Founded in 2018 by Roham Gharegozlou (CEO), Mik Nayeem, and Dieter Shirley, Dapper Labs is based in Vancouver and currently has a valuation of $7.6 billion. One of the most popular projects ever developed by Dapper Labs is CryptoKitties, a blockchain game that allows users to purchase, breed, collect, and sell virtual cats with ETH. Chiru Labs was founded in Los Angeles and has four anonymous founders who work under the pseudonyms of Zagabond, 2pm.flow, location tba, and HoshiBoy. However, one familiar face users may see at Chiru Labs is Arnold Tsang, a conceptual artist in the gaming industry.

• They can be used to represent digital artwork, music, or the sale of unique virtual assets.
• Sun later stated that he donated the NFT to APENFT, a project based on Tron that is tokenizing artwork on the blockchain.
• NFTs continue to bring revolutionary new means of digital art ownership.
• The piece is designed to be periodically updated by Beeple with new visuals, so it will be interesting to see how it evolves over time.
• That’s pretty impressive considering that the starting price of each of these units was $575, only to increase by $25 every six hours.

#12. CryptoPunk #8857 – $6.64 million

The NFT was purchased by Ryan Zurrer, a former venture partner at Polychain Capital. A four-screen hybrid digital and physical artwork by digital artist Mike Winkelmann, better known as Beeple, HUMAN ONE is a kinetic video sculpture. The Merge is the culmination of renowned digital artist Pak and is the most costly NFT ever sold. Pak a well-known name in the NFT world has made several infamous NFTs. The artist’s true identity is still unknown, but such has certainly not averted him/her from having a gigantic presence in the crypto art space.

#7: What is the Most Expensive NFT Sold: CryptoPunk #4156: $10.26 Million

Estavi then submitted a $2.5 million bid, which was enough to win the auction. By the time the auction was over, the bid was worth $2.9 million because of an increase in the price of ETH. The most expensive BAYC NFT ever sold fetched a price of $3.4 million. The sale happened on the Sotheby’s Metaverse marketplace in October 2021.

As the demand for unique digital assets continues to rise, it is evident that the landscape of collectibles has expanded beyond physical objects. The world of NFTs presents a new frontier for artists, collectors, and investors, offering opportunities to own and trade digital assets like never before. In December 2021, “The Merge”, an NFT created by the digital artist Pak, set a remarkable record in the art world. This evolution is underscored by a few NFTs that have commanded staggering prices, defining them as some of the most expensive digital assets ever sold.

Clock by Pak

Moving on, here’s an example of a punk from the Ape collection-a CryptoPunk #4156. Shortly after Beeple’s historic Everydays’ auction, XCOPY’s “Right-click and Save As guy” person appeared on BBC World News, which helped to change the public’s opinion of NFTs. XCOPY’s “Right-click and Save As guy” was sold for 1,600 ETH ($7.09 million at the time of purchase) in December 2021. Art Blocks is another popular NFT project among big names like CryptoPunks and Bored Ape Yacht Club. However, unlike the latter two, which are focused on avatar collections, Art Blocks are abstract paintings generated via an algorithm, ranging from flat images to interactive 3D compositions.

• An NFt art was bought by almost 30,000 collectors at Nift Gateway, an online NFT marketplace.
• For now, bear in mind, that whenever you purchase an NFT, it’s your responsibility to secure possession of the actual digital file as part of the deal.
• Each Cryptopunk is distinct, with its own set of attributes and traits, making them highly sought-after by collectors and enthusiasts alike.
• This CryptoPunk is another with rare “alien” traits like the other high-priced CryptoPunks on the list, selling for $7.58 million in March 2021.

live calculator for Julian Assange’s imprisonment, a table with relevant columns has been created.

• Almost anything can be represented by an NFT, including artworks, title deeds, web domains, collectables audio files and even people’s identities.
• Their design and ethos also resonate with the cyberpunk movement, further cementing their place in the digital art realm.
• Every blockchain network that has NFTs has its version of Punks, including Solana, Algorand, and Stacks.

Formerly known as Murat Pak, the digital artist preferred to keep his identity unknown. However, speculators suggest that Pak would likely be a team instead of a solo creator. Besides being well-known for creating the curation platform called Archillect, Pak is famous for working with non-fungible tokens. Because NFTs exist based on crypto, they are also driven by supply and demand.

Its significant price tag and widespread demand highlight the increasing popularity and value of NFTs in the market. The title of the fifth most expensive CryptoPunk NFT goes to CryptoPunk #3100. Actually, that was the first time this particular Punk was listed for sale since it was minted in 2017. To its credit, it also features a rare headband (only 406 Punks have this) and a single attribute. Beeple created one piece of digital art every day for 5,000 days, starting in May 2007, and compiled them into this massive, intricate collage. Just like what we see with the traditional art world, the artist behind the piece is a significant driver of value.

Collectors can use marketplaces like Sorare to buy and trade these cards, as well as use them to make their own fantasy football teams to compete against other collectors. Some cards change hands for considerably more than others, but those trading them know that the ownership, as well as the transaction history of the cards they hold are immutably recorded and stored. The blockchain history of each card also guarantees its authenticity, so fakes or duplicates cannot be made to dupe the unwary.

NFTevening does not endorse the purchase or sale of any cryptocurrencies or digital assets and is not an investment advisor. Additionally, please note that NFTevening participates in affiliate marketing. Its more popular forms include art, music, in-game items, and videos. This asset is usually bought and sold using cryptocurrency, and uses blockchain technology.

This NFT is the most expensive of the entire CryptoPunks collection of this studio. Cryptopunks are also popular because they convey a particular nostalgia of the 80s, pop, punk, super pixelated video games. In this collection of 10,000 cryptopunks, the rarest coins are those that have the most unique characteristics. Cryptopunks basically come in humanoid forms, and some of the rarest pieces are zombies, monkeys and aliens. Aliens cryptopunks are the most expensive in this case due to the fact that there are only 9 of them in the 10,000 collection. The Bored Ape Yacht Club NFTs have made quite a splash in the world of crypto collectibles.

However, based on rarity, some of this collection’s NFTs have attracted much higher bids. CryptoPunk #5822 currently ranks the most expensive CryptoPunk and was sold for around $24 million earlier this year. These digital treasures offer rock-solid proof of ownership, a crystal-clear history of where they’ve been, and they can be programmed in ways that make them stand out. Plus, when you mix art with tech, you spark a whole new level of creativity in what can be made and owned online. Because these are always skeptics, who are mocked in certain NFTs like XCOPY’s “Right-Click, Save As guy”, the industry began to progress, diversify, and structure. Despite still being subject to strict pandemic controls, the art market returned last year, with higher sales and auctions that set new records.

As part of the 24-piece Ape Punk collection, this NFT is considered especially rare and sought after these days. What’s more, it is one of only 142 to feature the iconic cowboy hat style. While the NFT space has become quite saturated, a select few have taken the lion’s share and become worth millions of dollars. Here, we cover five of the most expensive NFTs to date, according to their sale price, and their impact on the digital collection space.

They could buy any amount of non-fungible tokens they wanted, with the price for one token starting at $575 and gradually increasing by $25 every six hours. Plus, this collection of tokens wasn’t bought by a single person but by 28,983 collectors. Beeple is a renowned name in the NFT industry (as we will see later on in this list).

Popular NFT art is driving the whole world crazy — more new and unusual digital artworks appear almost every day. Part of the 24 Ape punks series, it’s incredibly unique thanks to its gold chain and knitted cap. Originally, it was sold for $1,800 back in 2018, but in 2021 it reached its five million price tag.

This can apply to digital art, virtual real estate, virtual goods in games, and more. The perceived value of owning a unique or rare digital item can drive up prices. The Merge was created by anonymous artist(s) Pak and sold on Nifty Gateway, a leading NFT marketplace. 28,983 collectors pooled together to buy 312,686 total units of mass on Dec. 2, 2021. 28,983 collectors purchased 312,686 total units of this artwork.

He is also interested in NFTs as a unique digital medium, especially in the context of generative art. In addition, it’s clear that NFT collectors are willing to spend a lot of money to obtain rare pieces from the most popular NFT collections such as CryptoPunks https://crypto.com/university/most-expensive-nfts and Bored Ape Yacht Club. These NFTs, which are typically used as profile pictures on online platforms such as Twitter, are seen as status symbols. If you’d like to get your hands on some NFTs, check out our article on how to get free NFT drops.

They mean to raise health awareness among people in Southeast Asia and surrounding regions. The work also involves training patients to take care of themselves and families. For every $1200 the organization believes they would save one life. Don Diablo is a talented artist who makes not only incredible music but some pretty cool-looking animation to go with his songs.

This is the record for the most expensive NFT ever sold to a private investor. When you choose to buy an NFT, it’s important to note that the security of the file is paramount. Always ensure that the artist stores the file in a secure, pre-agreed location that is accessible and controlled by you. However, rather than your signature being explicitly published on the blockchain, a private key (acting as your encrypted signature) proves ownership of the blockchain address. This is why a Himalaya Hermes Birkin sells north of $150,000 at auction. Whereas other hand-stitched bags created by a lesser-known design house are valued less.