What is the Most Expensive NFT

What is the Most Expensive NFT

NFTs are gaining more and more popularity per day and with popularity comes unpredictable and exagerated pricing. Let's take a look at some of the most expensive NFTs sold until now.

Non-Fungible Tokens (NFT) are getting more and more popular every day. If you haven’t heard about it yet, it is the original version of a product with a special certificate of authenticity. They are sold in blockchains mainly in Etherium.

NFTs differ from any other kind of coin. You can sell everything as NFT, starting from something simple to something extraordinary. As long as it’s original, it can be considered as NFT.

NFT became popular throughout 2021. Various things were sold as NFTs, but currently, all the attention is concentrated on the digital arts. Pieces of art that are worth millions of dollars are sold as jpeg files, and famous people and influencers are getting involved in this new hype.

When we say pieces of art, we imagine artworks by Leonardo Da Vinci or Vincent van Gogh, but not today. Today a lot of collections like the Bored Ape Yacht Club and CryptoPunks are considered the most expensive pieces of art. And no matter what the world thinks about it.

So let’s have a look at the 10 most expensive NFTs.

 

Forever Rose by Kevin Abosch - $1 Milllion

Kevin Aborsch was one of the first sellers of crypto art. He is known for his abstract artwork, but Forever Rose is one of his most expensive masterpieces. The amazing thing is that the rose wasn’t drawn by him, he just took a photo of it. Another interesting fact is that when taking a photo of the rose, it was a little bit dirty, but after digitizing the photo it got more unique. Aborsch is also well known for selling the picture of potato for one million dollars.

Destination Hexagonia by Don Diablo - $1.2 Million

Don Diablo is famous for his amazing music and cool animations that go with the songs. Hexagonia is one hour concert that is compressed in a hard drive. Son Diablo worked on this project for over a year. He sold Destination Hexagonia in four minutes for about $1.2 million. It was the first full-length concert, that was sold as an NFT.

The Switch by Pak - $1.4 Million

The Switch by Pak is not the only piece of art that is worth millions of dollars, but it is the most attractive one. Pak has such famous masterpieces as The Cube and Equilibrium. According to Pak, the Switch is developed to switch the form at a specific time, but no one, except Pak, knows the exact time. Pak has a crypto art collection that is worth over $17 million.

Quantum by Kevin McCoy - $1.6 Million

Quantum is famous for both its colors and for being the first NFT ever created. This artwork represents the cycle of birth, death, and rebirth. You can see that representation through lines and colors. Bidders from all over the world were mainly attracted by its story. Kevin McCoy was the first who revealed digital art to the world. He was sure that digital art was underrated and people needed to pay attention to it. At the same time, he never wanted to start this digital art hype.

The Replicator by Mad Dog Jones - $4 Million

The Replicator is a story about a photocopy that works on its own through generations. This piece of art represents the changes in technology throughout the years. It generates new NFTs every 28 days. So the future buyer will have not only the Replicator but also up to 220 NFTs. Each of these NFTs will have a specific price.

Stay Free by Edward Snowden - $5.4 Million

Edward Snowden is famous for leaking high classified information from NSA when he was working as a subcreator in the CIA. Snowden turned the documents to Digital Artwork and managed to sell it for a very high price, $5.4 Million. The revenue was gone to the Freedom of the Press Foundation.

The Switch by Pak - $1.4 Million

The Switch by Pak is not the only piece of art that is worth millions of dollars, but it is the most attractive one. Pak has such famous masterpieces as The Cube and Equilibrium. According to Pak, the Switch is developed to switch the form at a specific time, but no one, except Pak, knows the exact time. Pak has a crypto art collection that is worth over $17 million.

Ocean Front by Beeple - $6 Million

Beeple is one of the most popular digital artists in the world. His works are astonishing and that’s why their prices are reasonable. This piece of art isn’t the only one in the top 10. Beeple, has several artworks in the same price range and each of them has a special message. Ocean Front represents the issue of climate change. The proceeds of this work are expected to go to an infrastructure management organization, called Open Earth Foundation.

Crossroad by Beeple - $6.6m

Another Beeple famous piece of art is Crossroad. It is a short, 10-second video showing a big fallen body with insults written on it and people walking past. Beeple’s differ from other NFTs in many ways. One of them, as mentioned above, is the special message.

Everydays: The First 5000 Days - $69 Million

Again Beeple. He is well known for his inspiring and unique artworks. The most expensive is Everydays - The first 5000 Days. It is a collage of 5000 pieces of his work. Since 2007 he promised himself that he would create one work each day. There is no need to say that this piece of art deserves all the attention and price given.

The Merge - $91.8 Million

An interesting turn of events made the anonymous artist Pak's 'The Merge' largest ever art sale by a living creator. It fetched a whopping $91.8 million on Nifty Gateway, with 28,983 collectors grabbing up 312,686 total units of mass, otherwise NFTs.
In a nutshell: it allowed potential customers to buy “stakes” that could be made into a greater “mass” toward the end. The starting price for each started at $299 for pre-existing buyers who owned work by Pak, subsequently increasing to $575 as the event opened to the public and by an additional $25 USD each hour until the sale ended.

All the records concerning the highest price NFTs are stored in the Etherium blockchain. Each NFT has a unique certificate of authenticity, which differs from others.

There is no need to say that NFTs are getting more and more popular every day, but the question is how long? Nobody knows what will be the highest price for them. As time shows people are eager to pay good money to get an exclusive NFT. So if you have any NFT you can end up with an immense fortune.

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