Are you searching for the top Most Expensive NFT sold to date? Do you wish to know why art patrons are willing to spend a million dollars on them? What distinct properties do they possess that make them unique digital masterpieces worth a fortune? If your answer is an overwhelming “yes”, you may go through this article to know interesting facts about the most expensive NFTs sold recently.
This article will first briefly explain the concept of NFTs and then describe each of the Most Expensive NFTs in ascending order.
Welcome To The Astounding World Of NFTs – A Fascinating Use Case Of Blockchain Technology
NFTs are rare or distinct digital tokens that cannot be readily swapped, replicated, or replaced like cryptocurrencies or traditional money. They are minted using ERC-721 standards as most NFTs reside on the Ethereum blockchain. However, of late, many other networks like Polygon, Klayton, PolkaDot, etc., have started hosting NFTs.
NFTs encompass unique collectibles, relics, mementoes, song files, audio clips, video footage, historic sporting moments, art pieces, etc., existing in virtual format. Cryptographic algorithms secure them, and all transactions pertaining to them are stored in distributed ledgers. Thus, they are hack-free, tamper-proof, and represent authenticated digital certificates of ownership.
Top 10Most Expensive NFT That Took The Crypto World By A Storm
1. Beeple’s “Everydays – Currently 1st Ranked in Our Expensive NFT Sales List for 2021.
The First 5000 Days”: A Compilation Of Net Artist Mike Winkelmann’s First 5000 Electronic Artworks
This digital oeuvre is a 21,069 X 21,069-pixel image created by Winkelmann, popularly known as Beeple. He added a digital image each day since May 1, 2007. It is a unique mosaic spanning over 13 years.
In March 2021, Singapore-based NFT buffs – Metakoven and Twobadour bought it for a whopping $69.3 million at Christie’s auction. They firmly believe “Everydays” would be worth a billion dollars in a few years. This magnum opus NFT made headlines globally for its sale price and is currently the most expensive NFT. With the $69.3 in sales, We rank Beeple’s “Everydays as the topmost valued ever on our list.
2. Cryptopunk #7523 – Second Ranked – Expensive NFT on Our List!
An Epitome Of Masked Humans In The COVID-19 EraMinted by Larva Labs, crypto punks are one of the earliest NFT collections to hit the market. Presently, they are creating ripples in the crypto market, with thousands of NFT enthusiasts flocking the NFT marketplace to buy them. They are 24 X 24-pixel images of eccentric-looking guys and girls, each with distinct attributes and wearables. There are 10,000 punks, out of which only nine belong to the “alien” category.
Cryptopunk #7523 is a rare blue-skinned covid alien character donning a medical mask, earring, and an orange cap. It is the only masked alien punk and therefore a unique collectable. On June 10, 2021, this high-end contemporary crypto art sold at an enormous price of $11.75 million at Sotheby’s live auction. Currently, it is the costliest crypto punk and the second Most Expensive NFT on our list.
3. Cryptopunk #3100 – Third Ranked Expensive NFT On Our List
One Of The Super-Rare Characters Belonging To The Limited Edition Alien Group Of Cryptopunks
Cryptopunk #3100 is a teal-coloured alien with a headband. Only 406 punks have a headband, and only 333 punks have a single accessory. Thus, this crypto punk is extremely rare and was sold at a skyrocketing price of $7.58 million on March 11, 2021, at Christie’s auction house. Currently, it is put up for sale by the owner at 35,000 Ether (≈$114.5 million) which is roughly 15 times its purchase price.
4. Cryptopunk #7804 – The Third Rare Alien Punk To Be Sold At A Record Price
Cryptopunk #7804 is another alien crypto punk coming from the stables of Larva Labs, but this time with three accessories – cap forward, pipe, and small shades. So far, only 254 punks have a cap forward, 317 punks have a pipe, and 378 punks have small shades. The scarcity of alien crypto punks with multiple accessories makes crypto punk #7804 an extraordinary token.
On March 11, 2021, this NFT was sold at a humongous price of $7.57 million – just 0.01 million short of crypto punk #3100. Currently, the owner has quoted a sale price of 125,000 Ether (≈$408.94 million) which equals approximately 54 times the buying price. We rate this NFT as the fourth-ranked most expensive on our list.
5. Crossroads – 5th ranked Top Valued NFT Art. A Sensational 10-Second Video Clip Encapsulating The Outcome Of The US Presidential Elections Of 2020
Beeple created two versions of “Crossroads” – one if Trump wins and another if Trump loses. Based on the outcome of the US Presidential election in 2020, the NFT would automatically change. Since Trump lost the election, the current video shows Trump fallen on the ground. Had he won, the image would have shown Trump proudly stomping.
On February 25, 2021, this virtual political art was sold by Nifty Gateway at an enormous price of $6.6 million. An NFT lover by the name of Delphina Leucas presently owns it.
6. Cryptopunk #5217 – 6th Spot in NFT Sales Price!
A Unique And Funky Digital Collectible From The Cryptopunk Ape Line
The famous Cryptopunk NFT collection comprises 24 Ape punks. Cryptopunk #5217 is one of them and has two accessories – a gold chain and an orange knitted cap. Only 169 punks wear a gold chain and 419 punks put on a knitted cap. On July 30, 2021, cryptopunk #5217 was sold for a massive price of $5.45 million in an online auction.
7. Noora Health Save Thousands Of Lives – $4.57 Million Catapulting It To The 7th Rank In The Current Most Valuable NFTs List.
A Pathbreaking NFT Designed By A Non-Profit Organization To Raise Funds For Their Healthcare Programs
Taking advantage of the current NFT boom and leveraging blockchain technology, Noora Health’s co-founder Elliot minted the “Save Thousands of Lives” NFT on the OpenSea platform for fundraising. Every $1235 raised through this NFT sale would be used for saving lives and improving healthcare delivery. On May 8, 2021, this NFT was sold for a skyrocketing $4.57 million catapulting it to the 7th rank in the current most valuable NFTs list.
8. Cryptopunk #2338 – 8th Place in Top Priced NFT Sold in 2021
A Highly Valued Zombie Punk With A Singular Accessory
Cryptopunk #2338 is one of the 88 zombie punks. It has a shaved head with a thin Mohawk. Only 441 punks have this accessory to date. On August 6, 2021, cryptopunk #2338 sold for $4.32 million on the OpenSea NFT platform.
9. Cryptopunk #2140 – 9th Ranked in Our Top-Most Sold NFTs List
Another One-Of-A-Kind Digital Offering From The Cryptopunk Ape Line
Cryptopunk #2140 has two accessories – a knitted cap and small shades. This double-accessorized rare ape punk was sold for $3.76 million on July 30, 2021. This cool cryptopunk is currently open for bidding and is a priced NFT.
10. Twitter CEO Jack Dorsey’s Very First Tweet Dated March 22, 2006: “Just Setting Up My Twttr”
Jack tokenized Twitter handles the first-ever tweet and sold it for a whopping $2.9 million to Sina Estavi – CEO of blockchain firm Bridge Oracle in March 2021 on Value by Cents digital auction platform. Jack converted the sale proceeds into Bitcoin and donated it to “GiveDirectly” – a charity organization that uplifts the poor in Africa.
Based on USD sale prices, these are the top 10 Most Expensive NFTs as of August 21, 2021. Presently, crypto punks dominate the list, and the craze for these weird cum aesthetic characters continues to rise. Other valuable NFTs that deserve a special mention are AxieInfinity genesis estate, Forever Rose, Meebit #17522, Death Dip, and Metarift. Nyan Cat and Disaster Girl are valuable meme NFTs. Future NFT trades are likely to modify the current rankings.