5 of the Most Expensive NFT Sales

Written by
Rahul Kaushik
Published on
June 7, 2022
Read time
2 min read
Category
NFT
In the NewsBlogHome

In 2021, NFT sales topped $25 billion[1], with people buying everything from art to video clips to cartoon monkeys.

It has attracted everyone from celebrities like Paris Hilton to investors like Mark Cuban.

Not only are the number of sales increasing, but so are the values of NFTs. According to a NonFungible.com study, NFT sales now range between $10 million and $20 million per week.

Given the sales and values of these NFTs, you may be wondering which NFTs were sold at a high price.

This article will examine the top five most expensive NFTs to date.

5) CryptoPunk #5822 — $23.7 million

Image: nftculture.com

CryptoPunk 5822 propelled the entire CryptoPunk collection even higher into the stratosphere by becoming the largest CryptoPunk NFT purchase in history, selling for a record $23 million on February 12, 2022.

In CryptoPunks, there are five types of punks: Alien, Ape, Zombie, Female, and Male. Only 9 alien punks are known to exist, while male CryptoPunks are the most common.

5822 has an alien skin, which is the rarest skin type (0.09 percent chance). Furthermore, 5822 has a bandana that accounts for only 5% of the collection.

The address 0x7ddffb currently owns it.

4) Beeple’s HUMAN ONE — $28.9 million

Mike Winkelmann, also known as Beeple, created HUMAN ONE, a 3D art piece that was sold at Christie's (the world's leading art and luxury business for live and online auctions) on November 9, 2021, for just under $30 million.

Human One is a seven-foot-tall box-like structure covered in LED screens that captures 24 hours of a day. An astronaut is seen walking rhythmically through apocalyptic landscapes in that footage. The structure and accompanying video are designed to give the impression that the piece contains a life-size, three-dimensional figure that turns as the sculpture rotates.

3) Clock — $53 million

Image: censored.art

Clock is a piece created by Pak(crypto-artist) and Julian Assange(founder, WikiLeaks).

Pak (crypto-artist) and Julian Assange (founder of Wikileaks) collaborated on 'Clock,' an NFT that updates daily to show Julian Assange's time in prison.

AssangeDAO, a decentralized autonomous organization (DAO) comprised of "cypherpunks" fighting for Julian Assange's release, won the bid after submitting the highest bid of ETH 16,593 (USD 53.1m).

2) Everydays: the First 5000 Days — $69.3 million

Image: onlineonly.christies.com

EVERYDAYS: THE FIRST 5000 DAYS is a one-of-a-kind digital work of art created by Beeple that has become the most expensive NFT ever sold to a single owner.

Mike Winkelmann, aka Beeple, first posted his art online on May 1, 2007, and he continued to do so every day for the next 13 and a half years.

EVERYDAYS, which was minted on February 16, 2021 and sold for $69,346,250, contains every artwork created by Beeple over the years.

1) Pak’s ‘The Merge’ — $91.8 million

Image: Nifty Gateway

On December 2, 2021, Digital Artist Pak's latest collection, The Merge, became the most expensive NFT ever sold.

The NFT was sold on Nifty Gateway(a leading NFT marketplace) to 28,893 collectors for a total of $91.8 million, with 312,686 units purchased (which were single NFTs)

The Merge is a collection of white mass (dots) on a black background that can be purchased for $299.

If a collector has one Merge NFT in his wallet and buys another, the NFTs combine into one and the smaller mass from the collection is burned, making the NFT scarce and more valuable.

The greater the number of mass buyers, the larger their mass, and perhaps, over time, this will result in just one final mass.

Conclusion

Since 2020, NFTs have grown by leaps and bounds. Millions of dollars have been spent on collecting NFTs, from CryptoPunks to Beeple's art work.

While these NFTs are likely out of the price range of the average NFT investor, there are numerous upcoming projects that could yield massive growth in the future.

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Rahul Kaushik

Rahul is a former software engineer who is now a writer. After working as a full-stack developer early in his career, he realized that coding was not his forte and began writing blogs, poetry, and articles for sports magazines. He is always torn between Football and Bitcoin as his first love. In his spare time, he enjoys reading books on economics, startups, and business, as well as educating people on personal finance, cryptocurrency, and Web 3.0 on Instagram.

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