Top 10 Most Expensive NFTs

NFTs (Non-Fungible Tokens) have become extremely popular this year and some NFTs are sold for millions of dollars. As per Wikipedia “A non-fungible token (NFT) is a unit of data stored on a digital ledger, called a blockchain, that certifies a digital asset to be unique and therefore not interchangeable. NFTs can be used to represent items such as photos, videos, audio, and other types of digital files.” 

NFTs are digital collectibles that are one-of-a-kind, and you can't exchange them for another token like you can with other cryptos. If you are new to NFTs and want to learn more about NFTs, here is a detailed article to learn everything about NFTs: What is NFT. Learn Everything About NFTs Here,

Now, let's look at some of the top and most expensive NFTs ever sold. 

List of the Top Most Expensive NFTs
 

1. Everydays: the First 5000 Days ($69.3 million)

Mike Winkelmann, nicknamed Beeple, has sold his piece "Everydays — The First 5000 Days" for $69.3 million, breaking the record for digital artwork sales and becoming one of Christie's Auction House's most valuable sales.

“Everydays — The First 5000 Days” is a JPG file that contains a collage of images created by Beeple, a single picture is usually sold at auction, but here you'll find almost everything the artist has made since he began displaying his work online in 2007.

2. CryptoPunk #3100 ($7.58 Million)

CryptoPunks is a completely new form of NFT. It was sold at a price of $7.58 million. CryptoPunk is a one-of-a-kind creature that belongs to a group of nine aliens. CryptoPunks, you see, only has 10,000 punks in stock. Furthermore, just 9 of them are aliens.

As you can see, these nine are among their most valuable collections. These are the very first NFTs to enter the market, and many of them are now selling for millions of dollars.

3. CryptoPunk #7804 ($7.57 Million)

CryptoPunk #7804 was sold for $7.57 million.

The Punk #7804 is another Alien, and this time it comes with a pair of small shades, a smoking pipe with a few clouds of smoke rising out of it, and a front-facing cap, 378 punks come with Pipe, and 317 punks come with small shades. Aliens, Apes, and Zombies are among the uncommon CryptoPunks, in addition to the regular CryptoPunks.

4. Crossroads ($6.6 Million)

Another of our most expensive NFTs is Crossroads. This is also another Beeple work, this one sold just days before the massive selling of Everydays. The artist was also able to sell this work on Nifty Gateway. This is a single piece of artwork rather than a collection, unlike Everydays. As a result, the appraised value of this artwork has increased.

The artwork is based on the presidential election in 2020. The artist created two versions of this, one for if Trump wins and the other for if Trump loses. And the video would vary depending on the election results.

5. Ocean Front ($6 million)

Another painting "Ocean Front" by Beeple has sold for $6 million.

“Ocean Front,” which includes a tree above a picture of trailers and cargo containers sitting atop a platform on an ocean floor, tries to relate to the current earth's climate change crisis.

6. Stay Free ($5.4 million)

Stay Free was sold for $5.4 million.

The "Stay Free" artwork combines the full decision of US court judgment stating that the National Security Agency's (NSA) mass monitoring was illegal with the iconic portrait of the whistleblower.

7. Replicator ($4.1 million)

Replicator was sold for $4.1 million.

REPLICATOR is a narrative about a machine that travels through time. It is a reflection on past remarkable inventions and a metaphor for the evolution of modern technology. Replicator is one of a kind because it generates new NFTs every 28 days.

8. The first Tweet ($2.9 Million)

The first tweet sent by Twitter creator Jack Dorsey has been sold for $2.9 million (£2.1 million) to a Malaysian businessman. Mr. Dorsey auctioned off the tweet, which stated "just putting up my twttr," for charity on March 21, 2006. Sina Estavi, a Malaysian customer, compared the transaction to purchase a Mona Lisa artwork.

The 2.9 million dollars earned were donated to GiveDirectly, a nonprofit that specializes in giving financial resources to the underprivileged, and its COVID-19 assistance initiatives in Africa.

9. Death Dip ($1.58 million)

Death Dip was sold for $1.58 million.

Death Dip is a non-fungible token on SuperRare. Death Drip was the 14th NFT available on the site, and it is now the most expensive.

10. Quantum ($1.58 million)

Quantum was sold for $1.58 million.

Quantum is a fully code-based animation. It's a deformer that can create new shapes on its own.

Conclusion

In this article, you saw some most expensive NFTs on the market and understand why these NFTs are valuables.

Note: This article is for informational purposes only and shall not be used as financial or investment advice. All images used in this article are copyright of their respective owners.

References

• https://en.wikipedia.org/wiki/Non-fungible_token