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Non-fungible tokens (NFTs) are trending in the Cryptocurrency industry. No matter you are sport players, Musical artists, painters, or video game developer, NFTs should appeal to you. They allow you to establish a digital identity of your work. Here’s the Top 10 of the Most Expensive NFTs Of All Time.
Aside from the innovation aspect, these assets are exciting for their price. There are said to be over 3 billion NFT products sold since their popularization as of February. The crypto ecosystem involved in NFTs represents a tidy sum of $ 27.9 billion.
Famous artists accross the world have already been seduced by these tokens: Snoop Dog, Lil Pump, Jimmy Fallon and The Weeknd, to name a few.
What Are NFTs?
NFTs are non-fungible tokens representing digital objects which can be: a video, a work of art, an image or an audio file. These objects are linked to a digital ID, which is associated with one or several owners.
Unlike cryptocurrencies, NFTs are not compatible. In other words, they are not substitutable and cannot be exchanged for other digital assets. Therefore, their value depends not only on their originality, their rarity, but also on the price of cryptocurrencies.
These are usually unique with a unique identification code. They are sold, purchased and paid online using cryptocurrencies.
Top 10 most expensive NFTs Of All Time.
#10 – Stay Free: $5.27 Million.
Created by Edward Snowden, Stay Free is an NFT artwork auctioned in April 2021. Thoughtful and against a background of text that concerns a decision of the American court of appeals, this portrait represents the artist himself.
It has been sold for $ 5.4 million to the NFT Marketplace Foundation, a community organization. In addition, proceeds were donated to the Freedom of the Press Foundation, a nonprofit organization campaigning for freedom of expression.
The organization “PleasrDAO“, a decentralized autonomous organization, is currently owning this artwork.
#9 – CryptoPunk 7252: $5.3 Million.
Issued from the 9 alien CryptoPunks collection created by Matt Hall and John Watkinson, CryptoPunk 7252 has been sold for $ 5.3 million. The initial price was set to $2.5 million, but its owner sold it for more than double the original purchase price on August 24, 2021, at $5.33 million. This punk wears chin straps, earrings and messy hair.
#8 – World Wide Web Source Code: $5.43 Million.
Created by Tim Berners Lee in 1990, the World Wide Web (WWW) is an information exchange system that allows scientists to access information from anywhere. Also creator of HTTP, URLs, and HTML, he has surprised many by publishing his WWW page’ source code. Named “This Changes Everything,” was sold for $5.43 million. As you can imagine, it wasn’t the actual source code of the page that has been sold but an artistic rendering of the page.
#7 – CryptoPunk 5217: $5.44 Million.
Second CryptoPunk in this Top 10, it was sold for $ 5.44 million in July 2021. As each CrytoPunks are designed with original details, this one comes with a red knit hat and a gold chain, giving it a completely different look than any other CryptoPunk.
Note that CryptoPunk 5217 ranks fourth on the list of the most expensive CryptoPunks.
#6 – Beeple – Ocean Front: $6 Million.
Designed by Mike “Beeple” Winkelmann , “Ocean Front” has been sold for $6 million. According to the artist, It has an important symbolism because its an imagination of the difficult challenges that climate change poses to the world.
You can actually see a dangerous tree above a row of containers in the middle of the greasy sea. Auctioned at the Nifty Gateway Marketplace, the current owner is Justin Sun, the founder and director of the Tron Foundation. The proceeds from the sale of this NFT were donated to the Open Earth Foundation, a non-profit organization, to help fight climate change.
#5 – Beeple – Crossroads: $6.6 Million.
Another piece by artist Beeple was sold for a fair amount of money. The NFT in question is called Crossroads and contains an anti-Donald Trump message and a large caricature commemorating the former president. The originality of the work is preserved in the concept itself. In fact, it was created to change its appearance depending on the outcome of the 2020 US elections. If the former president wins these elections, the final table will feature Donald Trump wearing a crown and crossing between the flames.
Sold at Nifty Gateway for $ 6.6 million, or 10 times the original purchase.
#4 – CryptoPunk 3100: $7.51 Million.
The CryptoPunks artworks dominates the cryptocurrency art market. The third most expensive CryptoPunk ranks fourth in this list. The CryptoPunk 3100 has been sold for $7.51 million in March 2021, right behind CryptoPunk 7804 in term of price. Its originality comes from the unique sport banner displayed on it, not found in any other CryptoPunks.
It has been since relisted by the owner for $90.5 million. If CryptoPunk 3100 get sold at this price, it will definitely change our Top 10 Ranking.
#3 – CryptoPunk 7804: $7.56 Million.
CryptoPunk 7804 wears a hood, protective goggles and a hose. He is the only CryptoPunks who has a pipe and a cap. The artwork was auctioned for $ 7.56 million. It is now owned by Dylan Field, CEO of the renowned design software company Figma.
#2 – CryptoPunk 7523: $11.8 Million.
The CryptoPunk 7523 is the most expensive piece of the author’s collection. #7523 is the only punk to wear a surgical mask which gave the NFT a unique dimension, especially dominated by Covid 19 during these times. It was sold at “Natively Digital” auction for a tidy sum of $11.8 million to Shalom Meckenzie, who told to Decrypt.com:
“I really wanted this particular CryptoPunk. He is part of the Alien Collection, which is the rarest of the punks and the only alien to have a mask. I thought it was symbolic of Covid and the popularization of NFT “
#1 – Beeple – Everyday: The First Five Thousand Days: $69,346,250.
The artwork entitled “Everyday: The First Thousand Days” recently broke the record for the world’s most expensive artwork in cryptocurrencies. Beeple has drawn a collection of images assembled over 5,000 days in a row.
The NFT was auctioned by Christie’s House and sold for $69,346,250. It was first purchased by Vignesh Sundaresan, who claimed to stay anonymous. He later revealed his identity. The second most compelling offer came from Tron CEO and founder Justin Sun, who offered $60.2 million.
But remember,
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