Most Expensive NFTs Ever Sold: NFT Projects like CryptoKitties, Bored Ape Yacht Club, and CryptoPunks took the crypto market by storm in 2021, and people bought them like hot cakes for millions of dollars. These projects have made major creative and financial contributions to the NFT ecosystem.
But how high can the price of NFTs rise? It’s difficult to give answer this question because the ecosystem is always evolving. As it progresses, breakthrough projects will be launched. Although we cannot anticipate how high the numbers will rise, we can walk you through the top ten most costly NFTs ever sold in history (according to their selling price in USD).
The Merge, created by an unknown artist nicknamed Pak, is the most expensive Physical NFT ever sold, with a hefty price tag of $91 million.
Despite the fact that the artist has never revealed their true name, he/she/they have a significant presence in the digital art field.
The Merge isn’t a static piece of art. It is made up of three large white masses with a dark background. It was was broken into 312,686 pieces and distributed to 28,983 investors. As the number of investors grew, the mass of dots in the artwork’s grew accordingly.
The First 5000 Days is the collection of all the artworks that Michael Winkelmann, also known as Beeple, drew in the first 5000 days of his journey as an artist.
Since Beeple was popular among cryptocurrency users, the bid price for this artwork skyrocketed. MetaKovan, the founder and CEO of Metapurse, an NFT investment fund, paid $69 million for this piece.
This NFT was created by PAK to raise funds for Julian Assange’s defence, following his controversial 2019 imprisonment. Assange is currently incarcerated on espionage accusations against the US government, primarily for his involvement with the Website he created, Wikileaks.
The NFT is essentially a clock that displays the number of days Assange has been imprisoned. The proceeds from the this were donated to pro-freedom groups chosen by the creators.
HUMAN ONE is Beeple’s first physical artwork and another record-breaking NFT.
It is a three-dimensional moving sculpture with four digital screens. It’s worth noting that this piece changes with time. It shows an endless video of an astronaut travelling through different locations at different times of day. This hybrid artwork demonstrates that Beeple’s artistic goals extend beyond the digital sphere.
The most expensive CryptoPunk NFT ever sold is #5822. It’s one of the collection’s rarest punks. It just has one attribute. Only 2% of the collection has only one attribute, making it extremely rare. Furthermore, it is a bandana that accounts for barely 5% of the collection. Additionally, #5822 is a part of the Alien skin, which is the rarest skin to have (0.09% chance). The high amount of unique features drove Chain CEO, Deepak Thapliyal to buy it in February 2022 for 8,000 ETH, or $23.7 million.
The second most expensive CryptoPunk NFT ever sold is #7523. It possesses a lot of unique characteristics. For starters, it belongs to the Alien sub-collection, with only 0.09% of other CryptoPunks having this trait. Moreover, it’s also the sole mask-wearing alien, which the buyer appreciated. Shalom Meckenzie, DraftKings’ largest shareholder, bought it whopping $11.8 million.
Tron is one of the blockchains that has its own version of CryptoPunks, with their familiar pixelated faces and varying rarity and attributes. This joker-face TPunk #3442 is one among the rarest.
Justin Sun, the co-founder of Tron, paid $10.5 million for TPunk #3442 in August 2021. It was the most expensive NFT ever sold on the Tron blockchain. Sun, however, did not keep the TPunk. He donated it to APENFT, a Tron-based project dedicated to blockchain-based artwork tokenization.
CryptoPunk #4156 is a blue bandana-wearing monkey. Unlike the other two CryptoPunks listed above, #4156 has been sold several times. Its former owner was someone going by the alias “Punk 4156,” who paid $1.25 million for the NFT in February 2021. However, in December of the same year, he sold the NFT for $10.26 million for a nearly tenfold profit.
This unique cryptopunk NFT wears a cowboy hat. Robert Leshner, the founder of Compound Finance, purchased CryptoPunk #5577, for $7.7 million.Following the purchase, Robert tweeted “Yeehaw,” which is the sound of a horse.
#3100 is one of nine ‘Alien’ CryptoPunks in the entire CryptoPunks collection, making it the collection’s most rare punk kind. It also has unique elements such as a white and blue headband, which only 450 punks out of 10,000 have, justifying its high value.
Also Read: Bitcoin Logo: Who Designed the BTC Logo? Its History and Origin Story
There are several methods for calculating an NFT’s rarity. One method is to use NFT Rarity websites such as Rarity Tools.
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