NFTs, or non-fungible tokens, were first introduced in 2014. Beeple’s Daily Life: At $69.3 million in its first 5000 days, it was the first time people beyond the small niche market began to realize the value of this digital art.
NFT stands for Digital AssetsFrom artwork to consumer goods such as sneakers. Musicians can also put songs and video clips on her NFTs.
Why is NFT art so expensive?
NFT art is very expensive due to its rarity and demand. By their definition, non-fungible tokens cannot be exchanged for another identical item. They are all unique and collector’s eye.
Some NFTs may have intrinsic value beyond art. For example, some NFTs can offer special access at special offers or concerts. sporting event.
Of course, not all NFTs retain their value beyond their purchase price and may depreciate.alike stock Choose your NFTs carefully if you hope to make money. On the other hand, in the same way that someone buys a work of art or work, bottle of fine wine For fun — not as an investment — if you want to collect NFT art for fun, buy what you like. However, it makes sense to monitor market prices. You may be sitting on treasure!
Here are some of the most expensive NFT art pieces.
- Beeple’s Everydays: First 5,000 days — $69.3 million
- Censorship of Julian Assange and Park — $55 million
- Beeple’s Human One — $28.9 million
- CryptoPunk #5822 — $23.7 million
- CryptoPunk #7523 — $11.7 million
- Tpunk #3442 — $10.5 million
- CryptoPunk #4156 — $10.23 million
- CryptoPunk #5577 — $7.7 million
- CryptoPunk #3100 — $7.58 million
- CryptoPunk #7804 — $7.57 million
What types of NFT art sell the most?
If you are looking to invest in NFTs with the hope of making money, you should consider the types of NFT art that sell the most. Evaluated bycan be used rarity tools To find the rarity and value of NFTs. If your NFT is part of a popular collection such as CryptoPunks, has many unique attributes, or is one of the few of its kind in the collection, you are more likely to win top dollar. increase.
recently, Boad Ape Yacht Club Becoming interested in the NFT collection, the apes that are part of the CryptoPunks collection are being sold at high prices. With only 24 apes in a collection of 10,000 punks, the apes are a rare commodity compared to some other punks.
NFT art can also sell well because of its inherent beauty and the meaning behind the art.For example, Vignesh Sundaresan bought the most expensive piece of NFT art ever sold. did. Beeple’s Everydays: The First 500 Days is a collection of his 5,000 illustrations created by the artist over the course of his 13 years. Sundaresan explained in an interview with CryptoSlate that he had just started coding 13 years ago and had no money. Thirteen years later, he was able to spend his $69.3 million on his NFT. For him, art represents his journey, and winning a bid is a mark of his success in the world of tech and technology. cipher.
Most expensive NFT art piece
Read on to find out more about the most expensive NFT art pieces and their owners.
10. Cryptopunk #7804
Price: $7.57 million
The list of the most expensive NFT10s of all time begins with the name that dominates this list: Larva Labs CryptopunksAs with other collectible NFTs, the value of these avatars is determined by their rarity traits and market demand. CryptoPunk #7804 has three attributes, but is the only “cap forward” punk that also has a pipe and a little shade. This punk is an alien and extremely rare as only 9 in a series of 10,000 punks.
Purchased by Peruggia-V in March 2021 and now sold through CryptoPunk. blockchain $11.28 million. If it sells at this price, it will quickly jump up our list to become one of the top 3 best-selling punks of all time and one of the top 5 most expensive NFTs in the world.
9. Cryptopunk #3100
Price: $7.58 million
With only 9 Alien CryptoPunks on the blockchain, it’s no surprise that Alien appears on the list of the best-selling NFTs of all time. March 2021, by a user named straybits.eth I bought CryptoPunk #3100Not only is this NFT rare because it’s an alien, it’s one of only 406 punks with headbands. The owner is currently asking NFT for $44.4 million, though recent offers haven’t topped the thousands, and not far beyond the millions. In October 2021, someone bid on him for $87.64 million, but withdrew the bid the same day.
8. Cryptopunk #5577
Price: $7.7 million
A rare ape, CryptoPunk #5577, was sold by Larva Labs in February 2022 for $7.7 million. This is his one of only 24 apes and he is one of only 142 punks to wear his cowboy hat. Supposedly bought by Robert Lechner, CEO of Compound Finance. In July 2022, someone put up his $4.92 million offer, but the bid was not accepted.
7. Cryptopunk #4156
Price: $10.23 million
In December 2021, CryptoPunk #4156, one of only 24 Ape punks created, was sold to an unknown buyer for $10.23 million. Punks have one attribute he is rare as only 333 punks have that attribute. Punk said he was sold again in July 2022. This time it was just $3.31 million. This punk currently has a bid of $15,892. This is because NFTs are not guaranteed price increases and crypto winter As well as other factors.
6. Tupunk #3442
Price: $10.5 million
Designed after the Joker of Batman fame, with green hair and a big smile, Tpunk #3442 is one of 10,000 NFTs trading in the US. tron blockchainTpunks was designed to mimic the look, and ideally success, of CyberPunks. While pixelated heads may not be considered “art” by some in the traditional sense, they are in high demand by collectors and fetch high prices, Tron founder Justin Sun said in 2021. I bought this NFT of him in August. In his tweet, he shared that he donated the NFT to his ApenFT Foundation.
5. Cryptopunk #7523
Price: $11.7 million
CryptoPunk #7523 Is A Rare Alien And Even Rare Because He Plays Sports COVID-era mask. He is the only 175 punks with this attribute. Punk #7523 also has a knit cap and earrings. This purchase stands out not only because of its high price, but also because it was not made on the blockchain. Purchased at Sotheby’s Natively Digital Auction in June 2021 by a collector named ‘Sillytuna’.
4. Cryptopunk #5822
Price: $23.7 million
A light blue alien with a blue bandana, CryptoPunk #5822 is not only the third best-selling NFT of all time, but also the highest priced CryptoPunk to come out of Larva Labs.listed in ethereum Blockchain, the CryptoPunks collection contains 10,000 unique characters. Originally, CryptoPunks was free for anyone with an Ethereum wallet. Developers Matt Hall and John Watkinson created 10,000 He 8-bit style faces, but he only published 9,000.
Most of the characters are humans, but there are also apes, zombies and aliens. Only released so far is #5822 he is one of nine aliens but in February 2022 he purchased an NFT and was the CEO of Chain who immediately tweeted an image of his purchase. No wonder I got a lot of information from a certain Deepak Thapliyal.
3. Beeples Human One
Price: $28.9 million
Digital artist Beeple creates dynamic, moving art in both NFTs and physical forms. Human One is a combination of electronic sculpting and his NFT.of Sales quantity at Christie’s 21st Century Evening Sale November 2021.
2. Censorship of Julian Assange and Park
Price: $55 million
An organization called AssangeDAO is a cross-border group fighting for the freedom of Julian Assange, who is serving a maximum sentence of 175 years in prison in the United States. DAO He Raised $55 Million ethereum To purchase this art collection created by Puck. Park then donated proceeds from his February 7, 2022 sale to fund Assange’s legal defense. His NFT clock, which was part of the collection, by itself would make him worth $52.7 million. NFT shows a clock ticking the days Assange spent in prison.
1. Beeple’s Daily Life ~First 5000 Days~
Price: $69.3 million
Vignesh Sundaresan purchased Beeple’s Everydays: The First 5,000 Days at Christie’s online auction.of crypto investor He later told Cryptoslate that he bought the work to show people of color, particularly Indians, that they too could become patrons of the arts. It helped put NFTs on the radar around the world as an investment. Sundaresan, who now owns his most expensive NFT, told CryptoSlate that the purchase is also a way to “give back to the system that has given me so much.”
the same as Equities and general investments, if you hope to make money, choose your NFTs carefully. Don’t invest more than you can afford to lose. Also, keep a close eye on market prices. You may have a significant amount of cash on hand.
Information is current as of October 25, 2022.
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