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Non-Fungible Tokens or NFTs have become a sensation in the online world over the past 3 years. But is that surprising? Most art aficionados will tell you not. Art has always been expensive in the offline world.
A Saudi Arabia prince owns a painting called Salvator Mundi by Leonardo da Vinci worth $450 million. It is the most expensive painting in the offline world. NFTs digitize the factors that make offline art costly.
That’s why it’s no surprise that Bored Apes, CryptoPunks, Beeple’s, and other NFT collections have sold like hotcakes. Yet, if the most expensive offline painting’s worth $450 million, what’s the most expensive NFT? You can also consult a Cube Wealth coach or download a Cube Wealth application.
We’ve put together a list of the most expensive NFTs as of 2022. The dollar price of these NFTs may vary due to the inherent volatility of crypto, the mode of payment used to buy digital art.
That’s why we’re going to mention the price of the NFT at the time of being sold. Moving on, you’ll notice that the list primarily includes Beeple’s, CryptoPunks, and Pak’s NFT collections.
You’ll be surprised to know that there are no Bored Ape NFTs on this list. That’s because the most expensive NFT from the Bored Ape collection is worth $2.3 million.
With these out of the way, let’s explore the list of NFTs and find out which one’s most expensive!
CROSSROAD #1/1 is an NFT by Beeple that was sold for $6.6 million. The piece of digital art is a short video which shows people walking by a fallen figure riddled with insults. There’s also a bird that’s saying “🤡”.
#7804 is the first most expensive CryptoPunk NFT on this list. #7804 was sold for $7.57 million and is one of 9 Alien punks. It was first sold for $14,988 and then sold again for $7.57 million.
#7804 is the typical pixelated and cool Punk with unique features like a smoking pipe, hat, and glasses.
#3100 is another Alien Punk to feature on this list. Unlike the previous Alien NFT, this one appears to be wearing only a headband but was sold for $7.58 million, which is slightly higher than #7804’s cost.
Surprise, surprise. Another CryptoPunk is on the list of most expensive NFTs. This one, titled #4156, was sold for a cool $10.26 million. #4156 is one of 24 Ape Punks. It looks like it's wearing a bandana!
Another CryptoPunk but this time it’s an Alien again. #7523 was sold for $11.8 million. It is a covid-inspired Punk who’s wearing a medical mask, a cap, and earrings.
Meet #5822, the last (Alien) CryptoPunk on our list of the most expensive NFTs. #5822 was sold for $23.7 million and rocks a blue bandana.
HUMAN ONE is the second NFT by Beeple to feature on this list. But it’s not only digital. HUMAN ONE is a hybrid piece of art that’s a kinetic video sculpture accompanied by an NFT. It was sold for $28.9 million. You can also consult a Cube Wealth coach or download a Cube Wealth application.
“Clock” is what happens when an NFT artist and an activist come together. Pak and Julian Assange published the NFT of a clock that shows the number of days Assange has been imprisoned.
Hence, the name “Clock”. The NFT was sold for $52.7 million and was purchased by 10,000 people who came together to form AssangeDAO, an organization to help raise funds for the activist’s legal defence.
“EVERYDAYS” is a collage by Beeple who features on this list of most expensive NFTs for the third time. The collage includes pictures from the time Beeple began the project. EVERYDAYS was sold for $69 million.
The question, ”which NFT is most expensive?”. The answer: The Merge by Pak. The NFT sold for a whopping $91.8 million and is owned collectively by 28,983 investors.
Ans. The value of an NFT is determined by various factors, including the rarity, desirability, and provenance of the digital content it represents. High-profile creators, historical significance, and uniqueness often contribute to the value of NFTs.
Ans. No, NFTs are not limited to digital art. While digital art is a significant category, NFTs can represent various digital or physical assets, including music, videos, virtual items in video games, virtual real estate, collectibles, and more.
Ans. You can buy NFTs on various NFT marketplaces like OpenSea, Rarible, and SuperRare, using cryptocurrency such as Ethereum. To invest in NFTs, you should carefully research and evaluate the potential value and long-term prospects of the NFTs you're interested in.
Ans. The NFT market has experienced rapid growth and speculation, leading to concerns about a potential bubble. However, it's essential to consider that NFTs have real use cases beyond speculation, such as provenance tracking and digital ownership, which could support their long-term viability.
In recent years, the NFT landscape has undergone a notable transformation, attracting artists, collectors, and investors to engage in an unparalleled market for digital art and assets. The top 10 most costly NFTs ever sold underscore the substantial value that can be harnessed within the digital sphere. These groundbreaking transactions serve as a testament not only to the capabilities of blockchain technology but also to the evolving dynamics of art, entertainment, and ownership in the digital era. As NFTs continue to gain momentum, it becomes evident that we are just embarking on this transformative journey. You can also consult a Cube Wealth coach or download a Cube Wealth application.
Note: Facts & figures are true as of 22-04-2022. None of the information shared here is to be construed as investment advice. Exercise caution when investing in unregulated assets like cryptocurrency.
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