In this article, we list down the 10 most expensive NFTs ever sold. But first, what are NFTs?
NFTs or Non-Fungible Tokens have shifted the way we categorize ownership digitally. The term “fungibility” is derived from the word “fungible” and Merriam-Webster’s dictionary describes it as “being something (such as money or a commodity) of such a nature that one part or quantity may be replaced by another equal part or quantity in paying a debt or settling an account”
In other words, fungibility is a simple concept that anyone can relate to in their everyday lives. A fungible item is something that can be bartered at a 1:1 exchange at the same classification. NFTs have been an increasingly popular investment and collectors are getting into it as the blockchain craze spikes creating some of the most insane prices being paid for.
Throughout 2022, NFTS for art collections worth millions are being sold as digital jpegs along with other top influencers and celebrities of the world. We’ve even made an article on how to purchase your first NFT as collections like Bored Ape Yacht Club and CryptoPunks becomes some of the most expensive pieces that are available in the market. To give you an idea of how much these NFTs are going for, we’ve listed down the top 10 most expensive NFTs sold.
Table of Contents
10. XCopy’s A Coin for the Ferryman | USD 6.034M
These were initially created in 2018 but sold for over USD 6M on November 4, 2021, as a fusion of doodled faces over an array of colors for the background in a GIF form creating unique art.
A Coin for the Ferryman – 1/1
💥New #crypto #art release over @SuperRare_co #bitcoin #banker #ETH pic.twitter.com/dLQgervQOw— XCOPY 🏴 (@XCOPYART) April 20, 2018
9. Beeple’s Crossroad | USD 6.6M
Beeple’s Road is a 10-second short that portray a set of people ignoring a fallen body with insults written all over. This artwork is highly respected as the perspective of an artist and is something totally different from regular NFTs in the market.
CROSSROAD
By @beepleThe #1/1 from beeple’s first NG drop has just resold on the secondary market for $6.6 million.
History has just been made.
Congrats to beeple and of course to @pablorfraile for the sale. pic.twitter.com/mTYG4VABSw
— Nifty Gateway (@niftygateway) February 25, 2021
8. CryptoPunk #7804 | USD 7.57M
7. CryptoPunk #3100 | USD 7.58M
6. CryptoPunk #7523 | USD 11.75M
5. CryptoPunk #5822 | USD 23.7M
CryptoPunks are 24×24 pixel art images that are generated with an algorithm. Most images have a “punk” image but there are several rare types that have an image of either Apes, Zombies, and Aliens.
4. Beeple’s HUMAN ONE | USD 28.985M
Beeple is a known icon in the expensive NFTs category occupying various spots. With the HUMAN ONE sold on November 09, 2021 which was sold for USD 28.985 which was close to another piece called ‘Everyday’s’
3. Clock | USD 52.7M
Clock is a piece made by Pak and Julian Assange and acts literally as a clock that counts the days that WikiLeaks founder Assange has been imprisoned. This NFT was created to raise funds for Assange’s legal defense and was purchased by AssangeDAO.
And @AssangeDAO acquires Clock for 16593 ETH.
100% will go to Wau Holland Foundation that supports Julian Assange’s defence. pic.twitter.com/SBqGZQ3qiR
— Pak (@muratpak) February 9, 2022
2. Everydays: the First 5000 Days | USD 69.3M
This is the other Beeple piece and the most expensive NFT sold to a sole owner. Beeple’s artwork is considered to be in the top-tier and is highly respected within the community. This particular one is basically the collage of 5000 pieces of his work that started from 2007 pledging to create one piece every day.
1. Pak’s ‘The Merge’ | USD 91.8M
This piece by Pak officially became the most expensive NFT sold on December 2, 2021, with 30,000 collectors funding the total cost of USD 91.8M. This is the most expensive since it is also the only one on the top 10 list to have multiple owners besides Clock, and the price on it shows.
NFTs have definitely grown in popularity and will grow even more as time passes by. The answer to be determined is, what is the ceiling anyone is willing to go for the prices of these NFTs?
What are some of the crazy prices you’ve seen in the market?
If we missed out on any, let us know in the comment section below.
