The list of Highest Priced NFTs Ever Sold
Published on September 16, 2022 18:45 PM by Laura Mendes
The NFT mania appears to be sticking roughly well into 2022. Non-fungible tokens, including cat memes, pixelated apes, famous NFT packs like the Bored Ape Yacht Club, and a ton, and we mean a ton of punk-inspired avatars have continued to draw in investors and collectors rich with cash.
Despite current drops in NFT prices, sales are on track to top last year's total and reach a total of $90 billion by the end of 2022.
But what drives the market and motivates people to spend tens of millions of dollars on NFTs? Consider looking at the top 10 most expensive NFTs sold to see it yourself.
The Merge - $91.8 million
The most expensive NFT in history was bought in December last year for a staggering $91.8 million. The Merge was produced by well-known digital artist Pak, whose works have brought in more than $350 million. It was bought for around $92 million by 28,983 participants, who donated 312,000 shares (an NFT). The initial cost of each of these devices was $575 and then increased by $25 every six hours, which is quite astounding. Ultimately, The Merge has elevated Pak beyond Jeff Koon's Rabbit from 1986, which sold for $91 million, to become the most valuable living artist in history.
The First 5000 Days - $69.3 million
The NFT art scene shattered it last year, breaking report after report. And digital artist Mike "Beeple" Winkelmann, who became well-known after selling a collage of 5000 images taken once every day over more than 13 years and named "Everyday: the First 5000 Days" at Christie's first-ever virtual art auction in March of 2021, brought the market to its highest point. The NFT was given to Singapore-based cryptocurrency investor Vignesh Sundaresan, MetaKovan, who also created the Metapurse NFT project.
Utilizing Christie's to define, "The individual sections are arranged loosely chronologically as follows: zooming in famous photographs via flip summary; fantastical, grotesque, or ludicrous; highly personal; or advisor of cutting-edge activities. The obsession and anxiety about the next generation in society, the desire for and resentment of wealth, and the recent political unrest in the US are examples of routine issues "Every day is not only the second most expensive NFT sold to date but also the fourth most expensive living artist's work ever purchased at auction.
Clock - $52.7 million
The third most expensive NFT ever sold separates from the other tokens on this list since it was created to support a charitable organization. The Wikileaks founder Julian Assange and Pak jointly created a non-fungible token called "Clock" that shows a digital counter of the number of days Assange has spent imprisoned at London's Belmarsh Prison, where he is currently being held in anticipation of his extradition to the US on several espionage-related charges. It was made to gather money for Assange's defense. It was sold at auction for the equivalent of $52.7 million in February 2022 to AssangeDAO, a decentralized organization (DAO) founded to crowdfund the sale, with over 10.000 Assange supporters.
The Time NFT is a component of the Censored NFT collection, which includes around 29,000 tokenized messages created by project buyers. They are accessible through OpenSea. The Wau Holland Foundation, which supports Assange's defense, was one of the pro-freedom organizations that Assange and Pak selected to receive the revenues from this NFT series. This type of NFT endeavor has already been offered for auction, with NSA whistleblower Edward Snowden raising $5.4 million by selling an NFT constructed from the pages of a US appeals court judgment that featured his face the previous year.
Human One - $28.9 million
People, who appear to have a knack for creating NFTs in the millions, are back on our list once more, and HUMAN ONE is no different. Last year, this non-fungible token fetched a staggering $28.9 million at a Christie's auction. It's understandable why the auctioneer referred to the piece as a "triumphant follow-up to the artist's infamous every day: The First 5000 Days." The dynamic NFT for the kinetic video sculpture HUMAN ONE, which Beeple refers to as "the first portrait of a human born in the metaverse," is also dynamic. A mix of physical and digital technology, the artwork depicts what appears to be an astronaut forever walking through shifting landscapes projected on each of its four walls. Its dimensions are 4 feet by 4 feet. Additionally, HUMAN ONE contains a custom smart contract that enables Beeple to keep remote control over the content being shown. As a result, unlike other NFTs, HUMAN ONE is a work of digital art constantly "in progress," which justifies the hefty price tag.
CryptoPunk #5822 - $23.7 million
The CryptoPunks are at the top of the most popular tokens, regularly selling for record-breaking prices. A select NFT set has developed a cult-like following. The concept Larva Labs presented in 2017 affected the London punk scene, cyberpunk, and electronic music pioneers like Daft Punk. CryptoPunk #5822 arrives at the top of the most costly CryptoPunks (and ranks fifth on the list of most valued NFTs). In February of this year, the token sold for almost $23.7 million, and there seems to be a legitimate explanation for the high price: CryptoPunk #5822 is a piece of the series' rarest extraterrestrial edition, of which only 9 exist out of the 10,000 total.
Also, this token has a bandana and is one of 333 in total. Deepak Thapliyal, the CEO of Chain, bought the NFT. Considering how uncommon it is, we expect it will continue to be one of the most expensive NFTs available.
Alien Cryptopunk #7523 - $11.75 million
Due to the rarity of Alien CryptoPunks in the cryptocurrency market, Alien CryptoPunk #7523 has risen to the sixth spot among the most expensive NFTs ever sold. One of only nine Alien punks produced by Larva Labs, he has unique accessories such as an earring (2459 punks own one), a knit cap (419 punks own one), and a medical mask (175 punks have this). CryptoPunk #7523, also known as "Covid Alien," was acquired by Shalom Mackenzie, the largest stakeholder of DraftKings.
TPunk #3442 - $10.5 million
We've seen why alien punks are so valuable, but the TPunks are a distinct breed that also draws investors' interest. They are viewed as CryptoPunks in the Tron universe. Although TPunks NFTs normally don't sell for much, TPunk #3442, which resembles the Joker in particular, sold for $10.5 million at a sale last year. Justin Sun, the co-founder of Tron and a prominent cryptocurrency investor, purchased it. But he did not keep the token; instead, he gave it to the APENFT market.
CryptoPunk #4156 - $10.26 million
This is one of the highest NFT sales, thanks to another punk. We're using CryptoPunk #4156, which sold for $10.26 million last year. After becoming dissatisfied with the NFT project and how Larva Labs handled community outreach, licensing advice, and communication, the collector, going by the alias Punk4156, decided to sell his collection. However, 4156 has maintained its prominence in the NFT industry by founding Nouns, an NFT project that develops open-source IP.
Also read :Most expensive nft sales
CryptoPunk #5577 - $7.7 million
With CryptoPunk #4156, selling for $7.7 million back in February 2022, showed no signs of a slowdown in interest for CryptoPunks, even after the 2021 NFT frenzy. Robert Leshner, the creator of the Compound Defi protocol, bought this token. He announced his purchase with a "Yeehaw" tweet as CryptoPunk #5577, which featured a cowboy hat.
Also read :Most expensive nfts
CryptoPunk #3100 - $7.6 million
Not to be forgotten is CryptoPunk #3100. The tenth most expensive NFT ever sold is none other than a CryptoPunk, who also happens to be one of the rare alien avatars wearing a white and blue headband. By this point, we already know that CryptoPunks is in the hearts of NFT collectors and art lovers worldwide. Because so few other punks wear headbands, CryptoPunk #3100 is even more unique.