Here’s A List Of The 10 Most Expensive NFTs Ever Sold
This will show you the 10 most expensive NFTs available on the market. It will also help you to understand why these NFTs can be so valuable.
The crypto community is eager to invest in NFTs like songs, images and collectibles as well as digital assets such unique digital assets, songs or images. They are also buying a lot of non-fungible tokens, creating a new industry in digital assets.
In February alone, the NFT marketplaces made more than $300 million. These NFTs are also being sold on newer platforms.
All of this sales makes you wonder: What are the most expensive NFTs currently on the market? This guide will list the 10 most expensive NFTs, and explain why they are so costly.
What Are Non-Fungible Tokens (NFTs)
Before we get to the top 10 most costly NFTs, let’s first understand what non-fungible tokens actually are. Non-fungible tokens are an exclusive form of digital token. You can use them for anything from audio clips to paintings and video games. These are collectibles that are unique and cannot be interchanged with other tokens.
A Mona Lisa painting is an example of a unique painting. There is only one original piece. As you can see, this painting is worth its weight in gold. Even if you buy a copy or a photo of the original, it will not be the same painting.
This token’s uniqueness gives it its value. It must also be associated with media. This means that not everyone can sell NFTs at high prices. To be able to sell and buy NFTs, you must have a following or admirer. You will be able to sell the asset later on if you buy non-fungible tokens. Let’s move on to the 10 most expensive NFTs.
The Top 10 Most Expensive NFTs
1. Everydays: The First 5000 Days – $69.3 Million
Beeple, as he was known, wasn’t as popular as it seems. He sold the NFT artwork in 2021. This artwork is called “Everydays: The First 5000 Days”. The best part about this auction is that it took place at Christie’s auction house.
It started at $100 but quickly climbed to $69.3 million. It’s not unreasonable to think that this is a high price for digital artwork. It’s obvious, thanks to the technological revolution that digital paintings will soon replace physical paintings.
This artwork is a compilation from the first 5000 digital art of Beeple. Beeple began making digital arts in May 2007 and didn’t miss a day. The compilation contains many different styles, contents, mediums, and media. Although some of the first compilations were not up to par, collectives have a much higher value. This is why it is the most expensive NFT sold. This token is sure to be one of the most valuable non-fungible tokens for 2021.
2. CryptoPunk #3100 – $7.58 Million
CryptoPunks represents a new type of creation in the NFT world. These are the first NFTs to be created, and many are now selling for millions of dollars after the NFT boom. CryptoPunk #3100 is on our list because it’s the 2nd most expensive NFT sold.
This CryptoPunk, in fact, is one of the rarest, and belongs to the 9 Aliens. CryptoPunks has only 10,000 punks. Even more, 9 of them are aliens. These 9 tokens are among the most rare. These tokens also conform to ERC standards and are ERC-20 tokens.
This character comes with an accessory and has blue-greenish skin. It’s a headband and 406 punks only have it. It only comes with one accessory, which is rare. Only 333 punks own a single accessory. This punk is extremely rare based on its type, accessories and count of accessories. It was therefore sold for $7.58million.
3. CryptoPunk #7804: $7.57 Million
With $7.57 million, another CryptoPunk is one of our top 10 most costly NFTs. The Punk #7804, another Alien, comes with three accessories. The accessories include a pipe, small shades, and cap forward. Only 254 punks are equipped with Cap Forward, 378 with Pipe, and 317 with small shades. The pricing is due to Alien punks being extremely rare.
Dylan Field was the first to get the punk back when the company started giving away 10,000 CryptoPunks. He actually owns Figma, a startup that is built on technology design. Why did he purchase that punk? He saw the potential of this Ethereum-based NFT and made the purchase in 2018.
4. Crossroads – $6.6 million
Crossroads is the second most expensive NFT on our list. This artwork is by Beeple and was sold just days prior to the huge sale of Everydays. This piece was also sold in Nifty Gateway. This isn’t a collection like Everydays. It’s one piece of art. This makes it more expensive due to the way it is evaluated.
The artwork is a political gamble, and was created in response to the 2020 presidential election. It’s funny to note that the artist created two versions of this artwork – one for Trump winning and one for Trump losing. The video would also change depending on the outcome of an election.
5. The first Tweet – $2.9 Million
Next is the first tweet, which we found on our list for 2021 of the most expensive NFTs. The tweet was actually sent by Jack Dorsey, CEO and founder of Twitter. It was in 2006 that Twitter was first established. It read “just setting up my twitter twtr.” Later, he sold the tweet as an NFT for $2.9 million. It’s no surprise that the first tweet gets so much attention, given the popularity of Twitter. This is a brand new source of asset tonification.
The founder of the company sold the tweet to Sina Estav, Oracle CEO, who believes that it is as important as the Mona Lisa purchase. This tweet was also sold by the CEO on Valuables which is an online auction site. The platform’s rules state that they will receive a 5% cut of the sale price. Sina is the current owner of the piece, although the post will remain on Twitter.
6. CryptoPunk #6965 $1.54 Million
As one of the most costly NFTs for 2021, another punk is on our top 10. Every CryptoPunk is unique, as we mentioned earlier. This punk is therefore no different. Here, CryptoPunk #6965, is an Ape species. As an accessory, it also includes a Fedora. Even more, only 186 punks own Fedoras and only 24 Ape punks. The price of the token is $1.54million. These tokens are not ERC-721 tokens, but they’re similar to ERC-20 token.
7. Axie Infinity Genesis Land – $1.5 Million
If you’re into virtual games, you will know that in-game items can be very expensive. Axie Infinity, an Ethereum-based virtual game, may be the best. Genesis Land is a rare item in the game and has a high cost. A community member bought nine Genesis blocks for $1.5 million. This makes it one of the most costly NFTs in 2021.
It was valued at 888.25 Ether at the time of selling; however, its value has risen dramatically as Ether prices have increased in recent months.
8. CryptoPunk #4156 – $1.25 Million
Next on our list is CryptoPunk #4156, the most expensive NFT that has ever been sold. Another CryptoPunk is again on our list. It’s another Ape punk and comes with an accessory, a blue bandana. Only 481 of the 10,000 punks have this feature. It now belongs to the Ethereum address at 0xf476cd, which is worth $1.25million. To buy CryptoPunks, you will need Ethereum gas. So, if you are looking to invest in CryptoPunks, make sure that you have this information.
It was valued at 888.25 Ether at the time of selling; however, its value has risen dramatically as Ether prices have increased in recent months.
9. Not Forgotten, But Gone – $1 Million
Are you looking to purchase a video clip of a rotating gummy bear for millions? This is exactly what happened with Nifty Gateway NFT sales. This artwork was created by WhIsBe, an artist. He appears to have featured many gummy bears in various creative forms. It’s also a 16 second video of a rotating golden-gummy bear skull. This piece was sold by the artist for $1 million.
10. Metarift- $904.41K
This is another Satoshi case, as no one knows the identity of the artist. Although the artist is known as Pak, no one knows his true identity. The piece sold for $904.41K because Pak is a very popular name in the digital art community. NFT art is made up of spherical objects that rotate in different directions and are clustered together. You can find many other NFTs uses cases similar to this one, but it isn’t just limited to art.
Conclusion
The NFT market is experiencing a huge boom in the past few months. Definitely, 2021 will be a year of NFTs. Many NFTs began to sell for millions just after 2021 was launched. Although it might sound crazy to some, it is a different kind of token and NFTs are perfect in this digital age.
You now have a list of the most expensive NFTs available, so you can try your luck. These tokens run on blockchain technology so it is a good time to learn more about it. To learn more about blockchain technology, we recommend starting with our Blockchain Course.