Collectors Paid Millions To Make These The Most Expensive NFTs Deal Ever Happened.
Updated: Oct 3, 2022
Non-fungible Assets are the latest addition to the financial world. A blockchain-based technology that took collectors and artists to get involved in massive proportions. In 2021, NFT sales hit $25 billion compared to $94.9 million in 2020. Nike, Mclaren, Jack Dorsey, Brie Larson, and Snoop Dogg are only a set of famous brands and celebrities that appear when you search for NFT creators. While the ones we speak of are known to many, some unfamiliar names spiked headlines for the most expensive nfts in the market. For an introduction to these creators, we at Simplykalaa curated this list, so without further ado, let's dive in straight.
Eleven Most Expensive NFTs Sold To Date.
11. Beeple’s Crossroads — $6.6 million
The world set its eyes when America entered the race for a new president- Joe Biden, in 2020. The art displayed the outcome of the elections. It shows a figure of Donald Trump lying naked with random comments scrawled all over him. The citizens pay no attention as they walk by him.
Sold via Niftygateway, the piece had two videos- one with the winning Trump and the other solemn one, depending on the results of the elections.
10. Right-click and Save As guy — $7.08 million
NFTs are useless! You might have come across a similar argument multiple times. People still believe in downloading an nft over buying one. They portray it as still being able to use it however they choose.
Right-click and Save As guy mocks this group and reminds them that you cannot copy an nft receipt, which is the component serving value. Sold via SuperRare, this nft received the hefty offering by Snoop Dogg.
9. CryptoPunk #7804 — $7.57 million
The scientific agencies of our world created a massive hype around life on other planetary structures. So much that a few days back Chinese claimed to have discovered aliens. We realized that such news impacts a variety of sectors when a series of NFTs depicting aliens sold for ground-shattering prices.
#7804 is one of the nine cryptopunk nfts. It depicts an alien character with a pipe, small shades, and a forward cap.
Experts believe its rarity among the 10 thousand cryptopunks contributed to its high price.
8. CryptoPunk #3100 — $7.58 million
On March 11th, 2021, a day after #7804 sold, the seventh rare cryptopunk #3100 took to an even higher auction. The art shows an alien wearing a headband.
#3100 also received an offer for $2 million the same month, elevating its value, and later, it sold for $7.58 million.
7. CryptoPunk #4156 — $10.26 million
Do I hear you asking, How many more cryptopunks this list have? Well, this is just the third one and not the last. Originally sold for $1.26 million, the buyer listed it for a resale that accounted for $10.26 million, giving away a great return on investment in a span of 10 months.
6. CryptoPunk #7523 — $11.75 million
One of the reasons why an nft accounts for an expensive price tag is its rarity. So the third rarest cryptopunk received fair pricing.
5. Cryptopunk #5822 — $23.7 million
Expectations are like glass- they will shatter. When #5822 sold, a similar thing happened, and the market value of other cryptopunks rose massively.
The question now becomes- How much will the next buyer pay for any cryptopunk, and will it surpass the previous sales?
4. Beeple HUMAN ONE — $28.985 million
With more than 20 years of experience selling graphic arts, Beeple accounts for three of the most expensive nfts on the list. The HUMAN ONE differs from others as it is a physical and virtual entity offered to the buyer. The artist believes that static art belongs to the past and our future should carry art pieces that keep changing. The NFT showcases a moving astronaut through backgrounds that change over time, and Beeple will gain remote access periodically to bring variations to them as well. It experiments with TVs in different shapes and patterns and creates a magnificent appearance for the viewer.
3. Clocks — $52.74 million
Created by Pak and Julian Assange, Clocks- as the name sounds, is literally a clock formed to defend the controversial imprisonment of the Wikileaks founder- Julian Assange, in May 2019. It tells you the number of days Assange is behind bars.
Over 10,000 supporters acquired the share of Clocks helping the Wau Holland Foundation to raise funds and support the cause.
2. Everydays: the First 5,000 Days — $69.3 million
The third and the most expensive nfts Beeple has ever sold. Everydays: the First 5,000 Days is a collage of 5000 pieces of artwork the artist drew each day starting in 2007.
The nft was sold to a single owner, making it the most expensive singular nft deal to date.
1. The Merge — $91.8 million
Closing nearly $100 million, The Merge became the most expensive nft on December 4th, 2021. The sale was unique as it lasted two days, and 28,000 collectors acquired the stakes.
The Merge also made headlines for the unique buying structure called Mass which had buyers buy stakes that stack. The more stakes one purchases, the greater their Mass. The painting started with three large dots on the black background, and as the number of buyers increased, so did the size of these dots. Eventually, Mass became the reason behind its massive success.
Conclusion.
With the increasing trend chart and soaring prices, nfts have become a subject of attention for many investors. Although one cannot ignore the number of risks involved in dealing with it, we certainly can be careful through an understanding. Ignore mistakes where buying a tweet sounds good but selling it does not.
Also, avoid escaping without telling me your favorite piece among the most expensive nfts featured.