Top 5 Most Expensive NFTs of All Time

How much is the most expensive NFT in the world worth to you? Next, we will take you to witness the 5 most expensive NFT collections in the world.

The rise of NFTs

NFT (non-fungible token), known as digital collections in the domestic industry, is based on blockchain and the booming development of digital collections. The diversity and ownership offered by NFTs are changing the way we perceive the world. Last year, NFTs exploded with the advent of Web3 and a host of distributed blockchains.

In fact, the abbreviation“NFT” is Collin’s Dictionary’s 2021 word of the year, the term is still gaining momentum. NFTs retain their appeal because they give you ownership of something profound—whether it’s an identity, a membership community, or property. Ownership cannot be taken away from you – it is written in underlying code that cannot be modified. It’s yours and only you can use, sell or trade it. As NFTs and digital collectibles are still in their early stages of development, transaction volume shows no signs of slowing down in 2022.

NFTs in real life

Recently, many NFT industry players have been raising funds for the conflict in Ukraine against Russian aggression, including “CryptoPunk” donations reportedly worth approximately $200,000. This illustrates the growing influence of NFTs in real life and how they impact people’s lives. One of the keys to the rise of NFTs is the staggering amount of money spent to purchase them. Demand for custom NFT collections has been driving the value of NFTs, and similarly, influential communities with significant blockchain investments have played a role in the NFT craze. Within the NFT industry, there is no more influential NFT community than the Bored Ape Yacht Club, who are leading the Web3 revolution. Their collection of Boring Apes sold like wildfire, with the most expensive Boring Ape NFT selling for $2.9 million. BAYC has just started its own cryptocurrency, “Ape Coin,” and their parent company, Yuga Labs, recently purchased the IP for CryptoPunk, reflecting the ambitions of this exciting NFT community.

NFT represents a new pattern

The most expensive NFTs are game-changing purchases that represent different emerging subcultures. These NFTs have shocked the world, and NFTs can even be accepted by many extreme deniers. What started out as a personal profile picture (PFP) phenomenon has taken on a much more unique meaning, exemplified by the first-ever NFT series “Cryptopunks.”

Your NFT can communicate with each other in real life and virtual realms

If you are part of a DAO membership, they may vote for you, may allow you access to exclusive parties, or become a member of the community. These are just some of the real-life utilities of NFTs, and new developments are being made in the real world every day. Now, let’s take you to witness the most expensive NFT in history!

1. Pak’s “The Merge” — $91.8 million

Works by anonymous digital artist PakThe MergeSold for $91.8 million on Nifty Gateway, 28,983 collectors acquired 312,686 mass units.

The concept of this artwork is rooted in smart contracts, a special “merging” feature that allows buyers to purchase large quantities of works and merge multiple pieces to create a larger mass.

Price per unit is $575, with $25 increments every six hours. By the end, the tokens were sold for a total of $91.8 million, making it the most expensive NFT in the world!

2. Everydays: the First 5,000 Days — $69.3 million

Beeple, also known as Mike Winkleman, sold the life-changing artwork at a Christie’s auction in October 2021 for $69 million.

The work has been hailed as “the next chapter in art history” and Beeple has been called “one of the most valuable living artists”.

It is the first purely digital work of art ever offered by a major auction house and represents Beeple’s 5,000 works in collage form. “Everydays: the First 5000 Days” is part of his project of making an art piece every day, now in its 14th year

3. Clock — $52.7 million

Doesn’t it seem unreal that this will be one of the most expensive digital artworks ever produced? Each of the world’s most expensive NFTs represents something important – and “Clock” is no exception! “The Clock” is a work created by the aforementioned artists Pak and Julian Assange, and counts the days of WikiLeaks founder Assange’s incarceration.

Assange is a powerful symbol, the embodiment of something that people around the world value very much. This NFT raised funds for Assange’s legal defense and was eventually acquired by AssangeDAO – more than 10,000 people pooled their money to buy the NFT and support Assange.

4. Beeple’s HUMAN ONE — $28.985 million

Beeple’s HUMAN ONE is another earth-shattering piece of art created by Mike Winkleman after his Everydays: the First 5000 Days. masterpiece. According to Christie’s: “The new sculpture is a generative work of art, a dynamically changing hybrid physical and digital work that the artist intended to seamlessly add to and develop creatively throughout his lifetime. With Human One, you can See Beeple wanted to create something truly unique and sculptural with dynamic video – four video screens (16k resolution), polished aluminum metal, mahogany frame, dual media servers; endless video, and corresponding dynamic NFT – We can definitely say he achieved that!

5. CryptoPunk#5822 — $23.7 million

CryptoPunks are the pioneers of NFTs, and #5822 is twice as expensive as the next most expensive Cryptopunks NFT. What can we say about this NFT? It represents one of the first ever generated NFT collections and one of the rarest Cryptopunks. CryptoPunk was acquired by Deepal Thapliyal, CEO of blockchain startup “Chain”. The punk is one of nine aliens in a collection of 10,000 NFTs, and one of 333 hooded aliens. There we have it – the top 5 NFT sales of all time, and a highly regarded portfolio representing various emerging subcultures in the Web3 world.

Under the spotlight of NFT, there will definitely be a large number of people who will achieve something through this hot project. As a professional team of blockchain NFT, the team is also very committed to the development of the hottest metaverse and digital collections. Attention, the team is located in Xi’an, the personnel cost will be much lower compared to Beijing, Shanghai, Guangzhou and Shenzhen, and the team has very mature experience in Yuanverse NFT-type blockchain projects, the technology is also very mature, the cost is low, and it can integrate many methods in the industry now , Defi+blind box+chain game and other modes.

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