We currently hold the record for the most expensive Evergreen NFT ever created. It cost $300 and will have an estimated resale value of $100,000. The item has been purchased by a number of collectors and is expected to eventually sell in the thousands of dollars.
CryptoKitties is an App launched by a New Zealand-based company called Axiom Zen in 2017. It was designed to allow users to breed digital cats.
Non-fungible tokens (NFTs) use blockchain technology to create digital versions of real-world objects. Digital assets (the digital equivalent of coins) are sold in exchange for tokens. They cannot be sold to someone else.
By using the blockchain, you can easily register the ownership of your NFT items, and because each item is unique and registered to a single owner, you can also track the item’s history.
We’ve got a list of the 10 most expensive NFTs sold during our history from a few popular CryptoPunks to the recently sold Beeple’s avatar.
The Most Expensive NFTs Ever Created
We look for the most useful and accurate information from credible and reliable sources.
Here are the ten most expensive nFTs ever to be created.
10. Stay Free – $5.27 Million
This beautiful, and beautiful, and beautiful lamp won $5.27, or something like that, in the NFT-fests of yesteryear.
Created in 2013 by an NSA insider, this limited edition is not for sale, but is instead given as a gift to those loyal to the agency.
The images were a collection of newspaper articles, blog posts and other documents which appeared to be from the court ruling, which allowed the NSA to collect the data.
In 2013, Snowdon, a former NSA analyst, gained international recognition after he copied top secret information from the intelligence agency and handed it to journalist Glenn Greenwald, which was then published in the Guardian and Washington Post.
The auction of the limited edition card had the proceeds dedicated to the Freedom of the Press Foundation charity on which he serves as President.
When the time came for the auction, the Snowdon family has been determined to sell the collection and donate the funds to the museum.
I don’t think there are any reasons to believe that you couldn’t do something similar for anonymous Tor users. However, it would have been more useful if they had said, “Hey, we are already doing this for anonymous users, and we are planning to do something similar for Tor users in the near future,” and then you could tell us how it would work.
The NFT was sold through a service called Foundation.app, established in February 2021 by Elpizo Choi and Kayvon Tehranian.
9. CryptoPunk #7252 – $5.3 Million
With the recent spike in NFT price, people have begun to invest in the CryptoPunk ecosystem, increasing the demand for NFTs and the market capitalization is expected to rise considerably in the next few years.
As of now, the market cap is $1.2 billion.
This token technology is based on the blockchain, but is not a cryptocurrency and it is not based on a decentralized network.
This team is a group of creative technologists who have worked on everything from 8-bit roleplaying games and the development of the AppChat Android app to the development of the app VH1, which is one of the most popular music streaming apps in the world.
This is one of Larva Labs’ zombie punks. There are various types of zombie punks. This one has red hair and eyes. It wears an earring and chinstrap.
This article is the first in a three-part series that will explore the history of Punk in gaming.
So far, I have reviewed the history of Rock music and its influence on games in my previous post.
Now here comes the game-music part.
It was sold for $5.3 million for having a collection of 8 punks with a total value of over $12 million, cementing its place as one of the most expensive NFTs ever made.
The value of the currency is increasing as demand for it increases, just like Bitcoin’s price. This also indicates that someone is profiting from the cryptocurrency market, even if they are small players in it.
The developer has said that the game will be $7.99 on the PC, Xbox 360, and PlayStation 3.
8. World Wide Web source code – $5.43 Million
May 6th, 2020, is the estimated date for the first implementation of blockchain-based self-sovereign identity technologies in the real world.
Sir Tim Berners-Lee sold this digital asset for a record-breaking price of $5.43 million, after a flurry of bids that saw it rise from $3.5 million.
The buyer paid between US$0.01 – $0.18 for the source code, depending on which part of the code was included, as well as paying for a custom build of the game. While the source code was originally available via FTP for the game, it is unclear whether or not it remains available, as links on the original forum no longer work.
A 30-minute animation, visualising the code being written, was also included, along with a digital poster of the code, and a letter from Tim Berners-Lee.
He used python to translate the vector graphics of the original website back to HTML. It is so large you have to download the full ZIP file.
As the web became more popular, authors started signing copies of their works as they got printed. Now we have NFT technology – an autographed copy of the first web browser.
He said that he was selling a picture of a picture he painted and not the actual program itself. This picture was then signed by him. He was then asked why he was selling this and he said that if he was going to charge $100,000 for the actual program that he’d be making a lot of money.
As there are more and more artworks that are not represented physically in the art world, the community is also becoming more comfortable with digital art and the shift is already happening.
7. CryptoPunk #5217 – $5.45 Million
And finally, let’s dive deeper into the code itself.
Back in June 2017, the first sale this item ever took place for the sum of $2929 USD. It was sold to an account named mr_haggis_wtf for the astounding sum of $5.45 million.
They are available on the Larva Labs website and can be ordered through the mail by sending $30 to [email protected].
The price of the ethereum’s native token may continue to climb as the ethereum ecosystem continues to see value in the currency.
I have 12 NFT Assets, and they are all worth quite a lot of money, but none of them are worth as much as you might think.
But if you’re interested in taking part in the contest, you can submit your own artwork and/or a proposal for an NFT, of which there are many in the store.
CryptoPunks are made out of ten thousand. Each of them is a number. We have 6,039 male and 3,840 female CryptoPunks.
NFTs have become a point of pride among cryptocurrency users. The non-fungible tokens allow users to own something that they cannot copy, and they have been responsible for the growth of the community.
6. Ocean Front – $6 Million
Mike Winkelmann was a graphic designer who sold his $6 million artwork Ocean Front in 2021.
The “T-shirt” was one of thousands of works displayed by the auctioneer during the sale.
Winklemann’s is a prolific illustrator who produces various types of artwork including digital art, comic strips, posters, book covers, and toys. Winklemann is noted for producing humorous and political commentaries in his artwork that often include popular culture references.
The show starts with a couple of shots of the audience. Then the lights go down before the sound begins and we’re shown a shot of the audience. It’s just one big picture. I thought it was cool that he kept things really simple.
While Winkelmann isn’t known exactly for how much he makes, he is one of the most successfull artists in the digital art world.
Ocean Front is a series of shipping containers arranged as a large office building that serves as a backdrop to a scene from the movie Ready Player One.
Fardin Fardin said that the song was one of the best he
had ever heard and the band was extremely popular in Dubai, a city
which has a large community of Arabic speakers.
Beeple’s artwork, depicting a number of everyday things, is meant to bring people together in the hope of solving problems.
The installation is carbon neutral due to the use of organic and recycled materials.
For this exhibition was based on the theme of climate change.
[Translation]: For this exhibition were selected the works of the artists, who had participated in the project Open Earth.
5. CROSSROAD – $6.66 Million
The most expensive NFT ever was a piece of art made by the artist Max Knaak (BEEPLE). It sold for $6.66 million.
The artwork shows President Trump lying on his back on the ground, with graffiti covering his body and some scattered clothing parts.
The artwork for the product is changing based on the outcome of the 2020 Presidential election..
Trump supporters would have gathered for a victory parade in celebration of the President’s win–and then been burned to death by a horde of angry white men.
And he does seem to know that white people are bad.
The sale of Crossroad was brokered through the services of Nifty Gateway, which is a preferred method of purchasing NFTs anonymously.
It’s rare to find a piece that is unique in every way. “The Beast” was no exception, combining some of the most beautiful elements of nature with a surreal world, giving it an epic and captivating feel in every way.
The first NFT token sale was in August 2018 by the Winklevoss brothers, which raised $35 million USD in a single day. The brothers then partnered with Polychain Capital, which became the primary investor in Ethereum, to help grow the ecosystem and to create the DAO, one of the largest public Ethereum-based crowdfunding efforts up to the present day.
People who hold NFTs can make the asset their own. You can even sell it. On the digital art auction platform, you can purchase art through the use of NFTs.
4. CryptoPunk #7804: $7.56 Million
When you return to your house that you have been gone for 30 days and you see that your friend that is in the room with you, you are not sure if you can trust them with your belongings.
CryptoPunk 8096 is wearing a full beret, and like 534 punks, he’s also wearing a pair of small shades.
A nice pipe for the new CryptoPunk.
This episode is available for download via the RSS feed [[http://feeds.d.hatena.ne.jp/bitcoin/bitcoinPunk?format=all_feed]].[[Translations]] [[Translations]]: The translation of this episode to Spanish is courtesy of [[Santiago]] of the Bitcoin Argentina [[slack channel]].
Alien CryptoPunks are the most sought-after type of CryptoPunk NFT because they come from the CryptoPunk universe.
3. CryptoPunk #3100: $7.58 Million
CryptoPunks are an experimental, distributed protocol to create, authenticate, secure, and distribute fungible and non-fungible tokens.
CryptoPunk is a punk alien that has a single attribute. It’s the 333rd token in Larva Labs’ collection of non-fungible tokens and is one of 333 punks with only a single attribute.
The aliens that were used for this look were created using a digital scan of an actual original, so this product is a digital replica that is not a licensed original. The color palettes were created by hand by the designer.
There was a dispute over who owns the contract. A judge ruled that the owner is the person who bought the contract for 10 Ether – the price at the time it was sold.
In the last several years, a network for people to buy and sell their NFT’s was created by [an individual]. However, a court ruled that [his] contract was a [lawful] gambling contract. This resulted in [his] contract being frozen in ether and not being able to be traded.
If you’ve followed the CryptoPunk comics, you’ll know that a very famous person had been in the comics for a long time and was about to sell his house.
2. CryptoPunk #7523 – $11.8 Million
The sale surpassed one of the world’s most popular CryptoPunk artworks
At an estimated cost of over $10,000
It has a record price of over $10,000
The piece was listed on the CryptoPunk platform with a combined value of over half a million dollars.
The Alien and CryptoPunk are two of my three main characters. I was looking for a way to combine these two characters and make it look like their combined personality; so they both look like their own character. I was only able to make this happen by using two different models (one alien, one CryptoPunk), but the combination of the two was the challenge to me. I wanted to find a way to make the two look like they are in the same universe.
“COVID Alien” was a moniker given by a user who purchased the artwork in a public sale in 2017.
The auction houses are the only participants that offer an auction where buyers can bid in exchange for crypto-tokens.
It signaled that a blockchain-based art market could provide a new market for luxury artwork that was more accessible than the exclusive high-stakes deals of Sotheby’s.
1. Everydays: The First 5000 Days – $69.3 million
This NFT stands out as the only NFT in existence that was created before it was officially announced.
The painting was sold at Sotheby’s for $69,300,000 to a Texas-based investor, who plans to use the proceeds to open a museum dedicated to digital art.
The auction house Christie’s began the sale of the collection of Paul Pfeiffer on February 25th. It ended on March 11th on the same day.
With this one, I am sure you have guessed, that I took the first 1000 days from 2007 and have simply stacked the images on top of each other to have a timeline.
He started the Everdays project years ago and never really expected to sell the work. It’s amazing that it came up in an auction.
“(The) new technology means that you’re no longer limited to what you can draw on a piece of paper. You have this canvas right in front of you and you can make the best out of it. And you’re no longer limited to what you can draw.”
The ability to draw with a stylus on a tablet or smartphone has been used for many years, but the ability to use digital drawing tools inside an online 3D app, is the next big step.
Christie’s held a sale on cryptocurrency digital art. At the time of this writing, bitcoin was trading at $6,100, with Ethereum at $664 and Dash at $1,066.
What About the Market Cap?
As cryptocurrency has gained a reputation as an investment, market makers have begun to take notice of market cap. Many cryptocurrency exchanges and other market data providers have adopted market cap as a ranking metric for tokens in a very similar way that they rank stocks or bonds.
In 2016, the team at Everyday started working on The First 5000 Days, a blockchain based app that will create a decentralized network, or a “Web 2.0” application, that would take digital documents and images to the next level.
He has started Portkey Technologies in 2017 to bring the blockchain and the virtual reality to everyday life.
Investment in art, specifically in high-end art, is one of the most speculative investments ever made. However, in 2019, it also became one of the most lucrative. Because of the huge profits that can be made on the black market, the demand for high-end art has risen.
This is a list of the ten highest priced non-fungible tokens in the market.
This is a step in the process of digitalization of all the world’s information and knowledge. We are just at the beginning of this process.
In addition, the proliferation of decentralized marketplaces such as Bored Ape Yacht Club, shows the potential longevity of decentralized blockchain art marketplaces. Additionally, it’s impressive range of available assets for investment means that investment isn’t exclusive to those with a few million to spare.
We expect NFTs to become increasingly valuable.
The most expensive NFT will surpass those featured on this list.