Over the last two or three years, the sale of expensive NFTs has made everyone look for the answer to the question, what is the most expensive NFT? Of course, you should not be fooled by these astronomical numbers and go to the buying and selling of NFTs without hesitation. We strongly recommend that you research NFTs if you are not familiar with them.
Read more: What is NFT? Get to know the world of unusual tokens
In short, NFTs are a special and unique type of crypto-assets that are best known as tokens or representatives of artwork or collectibles. In fact, various items such as artwork, in-game characters, digital objects, and many others can be tokenized. These tokens are unique and show the uniqueness of that work or object.
In this article, we are going to see what is the world’s most expensive NFT ever traded! So stay with us until the end of this interesting article.
Valuable measure of non-standard tokens
Before we see what the most expensive NFT is, it’s good to learn a little more about the value criteria and types of these tokens. In general, the value of each non-coin token is determined by market supply and demand. Each set of NFTs has its own supply and the number of each is different from the other.
Meanwhile, in addition to supply and demand, other factors are also involved in determining the value of NFT. For example, fewer NFTs with specific applications are usually more valuable. At the same time, the development team and artists and the community related to NFT can also influence the demand of the token and increase or decrease the price.
Simply put, the value of an NFT can be related to its creator, monetization potential, uses, limitations, and even market sentiment. All in all, there are many successful NFT projects; But failed projects are not few and maybe even more. Therefore, it is better to do enough research before trading or investing in NFTs and do not put your precious money into this arena without knowledge.
In summary, the most expensive NFTs in the world include the following:
- The Merge | About 92 million dollars
- Everydays: the First 5000 Days | About 70 million dollars
- Clock | About 53 million dollars
- Human One About 29 million dollars
- Cryptopunk #5822 About 24 million dollars
- Cryptopunk #7523 About 12 million dollars
- T-punk #3442 About 11 million dollars
- Cryptopunk #4156 About 10.5 million dollars
- Cryptopunk #5577 About 8 million dollars
- Cryptopunk #3100 About 7.67 million dollars
Demerj | The most expensive NFT worth $91.8 million
What is the most expensive NFT in the world? A simple answer: It is the most expensive NFT in the world!
Artwork merger (The Merge) made by an artist named pack (Pak) Sold on December 2, 2021. This work consisted of 312,686 non-homosexual tokens that were sold to 28,893 collectors for a total of $91.8 million, making it the most expensive non-homosexual token. The interesting point is that merger It is the most expensive work of art that an artist was able to sell during his lifetime.
It is worth noting that Pack It is a pseudonym and no one knows his true identity. This artist has been working in the field of digital art for more than 20 years and has created works such as Archillect. Archilect is an artificial intelligence for finding and sharing visual media.
Due to the large number of buyers, the question arises as to whether such a work can be considered an NFT due to the many owners and shards. Each unit of this token was worth 575 dollars, and every 6 hours, 25 dollars were added to their value. At the same time, buyers could purchase as many units as they wanted. This NFT consists of three large white dots on a black background. Based on the mechanism designed by the manufacturer of this NFT, as the number of buyers increases, the volume of white masses also increases.
Every day: first 5,000 days worth $69.3 million
Everyday: The Frist 5,000 Days is an artwork by Mike Winkelmann aka Beeple, a prominent American graphic designer. This NFT was sold at Christie’s auction in February 2021 for $69.3 million to an Indian-origin person named Vignesh Sundaresan aka Metakovan, an NFT investor.
This NFT, made by Battechnique Collage, is from 5000 previous artworks by Biple. Since 2007, Beeple has uploaded pictures on his Instagram every day for 13 years. His “everyday” artworks are often set in a post-apocalyptic landscape and are often related to the news or new popular culture. This NFT collage can be considered a symbol of Beeple’s growth as a digital artist.
Clock worth 52.7 million dollars
Clock depicts a working timer that counts down the number of days WikiLeaks founder Julian Assange has spent in prison. Assange has a very controversial case. He was extradited from Britain to the United States. Assange is in prison on various charges, including spying for the US government.
Read more: What is F-NFT or Split NFT?
clock It is part of the collection of NFTs with the name Censored Pack created it and its purpose is to accompany Assange and support his legal rights. The clock token was auctioned in February 2022 and sold for 16,953 Ethereum. Currently, this expensive NFT is held by the Assange Decentralized Autonomous Organization (AssangeDAO).
Human One worth 28.9 million dollars
Another record-breaking NFT, Human One by Beeple Is. Human One is his first physical artwork. This rare token was sold at Christie’s auction in November 2021 for $28.9 million.
Human One is a mobile container with 4 digital screens that shows the astronaut in 3D and walking in different areas. This digital work of art and its combination with physical devices actually shows the artistic ambitions of Bipple beyond the field of digital currencies.
Although Beeple no longer owns the artwork, it has access to the device and updates it regularly. In an interview with Noah Davis, Christie’s auctioneer, Beeple said that he created this work of art inspired by combining several different screens in different ways.
Cryptopunk #5822 worth $23.7 million
Cryptopunks are among the famous NFTs in the field of digital currency and are on the list of the most expensive. Cryptopunk #5822 was sold in February 2022 for 8,000 Ethereum to the CEO of a blockchain technology startup. This cryptopunk is one of the rare cases of the Alien series. There are only 9 items of this series in the aforementioned collection. At the same time, Cryptopunk #5822 is one of 333 examples of atypical tokens whose drawn character has a headband.
Cryptopunk 7523 worth $11.75 million
The next most expensive NFT on this list is Cryptopunk #7523. In June 2021 and at the height of the Corona pandemic, this cryptopunk was sold at Sotheby’s auction for $11.75 million. The aforementioned cryptopunk is also part of the Alien category, with the difference that there is a mask on its face, and this mask made the buyer fall in love with it.
The price offers of this NFT were higher in the auction ceremony; But due to several reasons, some of the offers that had increased up to 65 million dollars were canceled. Another feature of this cryptopunk that makes it unique is the knitted hat; A hat that only 4% of the cryptopunks in this collection have. These seemingly simple features have made some of these NFTs rare.
T-punk number 3442 worth 10.5 million dollars
Some consider T-punks to be the Tron version of cryptopunks, which have similar faces and use different features. One of their rare types is T-punk Joker-Face No. 3442. This t-punk was sold to Justin Sun, CEO of Tron, in August 2021 for 120 million Tron. This was the most expensive NFT sold on the Tron blockchain to date. Of course, Sun didn’t keep this t-punk and donated it to APENFT immediately after buying it.
Cryptopunk #4156 worth $10.26 million
Cryptopunk #4156 is another monkey with a hood. Its previous owner is a pseudonym Punk 4156 who bought this NFT in February 2021 for $1.25 million, sold it in December of the same year for $10.26 million. Needless to say, this NFT was sold for 3.29 Ethereum four years ago.
As we mentioned, this cryptopunk has a blue headgear and monkey-like skin. Only 0.24% of the monkeys in this collection have such skin. Of course, if we count on paper, this NFT is not so rare compared to its Alien competitors; But its value shows that investors have shown interest and attention to its appearance more than the rarity of the work.
Cryptopunk number 5577 worth 7.7 million dollars
The ninth place in the list of the most expensive NFTs in the world belongs to Cryptopunk #5577. This cryptopunk cowboy was sold in February 2022 for 2,501 Ethereum. Many believe that Robert Leshner, CEO of Compound Finance, bought it; Because immediately after buying this NFT, he reacted with joy on Twitter, tweeting “Hooray! (!Yeehaw)”. Of course, the truth of this news was never confirmed.
Cryptopunk #3100 worth $7.58 million
Cryptopunk #3100 is the last expensive NFT on the list, selling for $7.58 million. This cryptopunk is one of the 9 alien series punks designed with a white and blue headband. The aforementioned cryptopunk was listed for sale in May 2022 at a price of 35,000 Ethereum.
Needless to say, this was the second time that number 3100 was put up for sale after 5 years of its construction. An almost blue skin of Aliens, which is seen in only 0.09% of the items in this collection, and having a headband, which only 4% of the items in this collection have, are among the distinguishing features of this NFT that have increased its price.
Frequently asked questions
What is the most expensive NFT?
Currently, the Demerge token is considered the most expensive NFT in the world with a price of nearly 100 million dollars.
Does it make sense to invest in expensive NFTs?
Due to the highly volatile market of NFTs and the skyrocketing prices of some tokens, this is not recommended for new users.
Cyberpunk is the most expensive NFT in the world?
No, cyberpunks are currently only among the most expensive NFTs, but they are not the most expensive!
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