Simply put, NFTs, also known as non-fungible tokens, are unique objects that have a certain value based on the uniqueness of the object. This digital object can be a painting, a video, an audio fragment, a collectible item from a video game, a GIF, etc. Considering that they are unique data units on a blockchain, NFTs are not interchangeable.
This year, as interest in purchasing non-fungible tokens has increased, post-purchase speculation is on the rise as well. Celebrities and artists have jumped on the bandwagon, too. For example, Canadian singer The Weeknd recently raised $ 2 million selling unreleased music as tokens at a price of $ 490,000.
10 Metarift- $ 904,413
Nobody knows who Pak is and for this reason, the digital art community has dubbed him the “Satoshi of crypto art” (in reference to the unknown creator of Bitcoin who uses the alias, Satoshi Nakamoto). Pak’s latest work of art that has sold at a high price is Metarift, a surreal 46.5 MB video.
Metarift presents a group of grouped spherical objects (in what appears to be a representation of particles as protons in general chemistry) surrounded by an infinity symbol that moves on a black background. A metallic texture adds more delicacy.
9 Forever Rose- $ 1 million
Kevin Abosch is a pioneer in cryptographic art, known for his conceptual artwork. Even before the digital art craze, he had managed to negotiate some top-notch deals, even selling a photo of a potato for a million euros!
On Valentine’s Day 2018, Abosch sold one of his catches, a rose, for a million dollars. Sold as NFT on an Ethereum blockchain, Forever pink was the most expensive virtual artwork in the world at that time. Forever pink it was a game changer as an abstract work of art, making headlines in a year when the fascination for NFTs had not reached the mainstream. ‘
8 CryptoPunk # 4156- $ 1.25 million
There are over 10,000 collectible characters known as CryptoPunks on the Ethereum blockchain. Released by the two-member team Larva Labs, each of these characters is unique from one another in terms of their traits. Algorithm-generated pixel art images have been in circulation since 2017.
CryptoPunk # 4156 is one of the 24 punks who are apes. This particular character is also sporting a blue bandana. As of February 18, 2021, the artwork is sold for $ 1.25 million at address 4156.eth.
7 Virtual game Axie Infinity “Genesis” Estate: $ 1.5 million
Axie Infinity is a game on the Ethereum platform that consists of buying and raising fantastic creatures called Axies. In early February, a virtual property seller ended up selling a gaming property for $ 1.5 million.
The seller “Danny” announced this transaction. On twitter as follows, “TThis is the largest digital land sale ever recorded on the blockchain, “while congratulating new owner Flying Falcon.
6 CryptoPunk # 6965- $ 1.6 million
As mentioned above, each CryptoPunk character has their own distinctive visual aesthetic. Interestingly, # 6965 is one of the Ape CryptoPunks (very similar to # 4156). While apes are available more frequently (with a total count of 24), zombies are much rarer with only 3 Zombie CryptoPunks available.
This particular CryptoPunk wears a grayish felt hat instead of a blue bandana. Otherwise, the facial features look quite similar.
5 The first Twitter tweet: $ 2.9 million
Twitter founder and CEO Jack Dorsey also tweeted the first tweet on the microblogging platform in 2006; a short text that said “just set up my twttr”. Although the tweet will continue to exist on Twitter, the tweet was sold as NFT to Sina Estav, CEO of Bridge Oracle. Estav would get the NFT “signed and verified by the creator”.
The 2.9 million raised were later given in charity to GiveDirectly (which specializes in providing financial resources to the poor) and its COVID-19 relief programs in Africa.
4 Crossroads- $ 6.6 million
Digital artist Mike Winkelmann aka Beeple (who has also created the top rated NFT at this time) has created various dystopian pieces of art poking fun at US presidential candidates like Donald Trump, Hillary Clinton and Bernie Sanders.
Crossing features a giant baby who appears to resemble Trump as his body is painted with comments like “Loser.” A blue bird, symbolizing Twitter, perches on the figure’s shoulder while a clown emoji fills the speech bubble on it. Representing the result of the 2020 presidential elections, Crossing recently sold via Nifty Gateway.
3 TIE: CryptoPunk # 7804- $ 7.57 million
CryptoPunk # 7804’s rarity stems from the fact that it is one of the only 9 Alien CryptoPunks by Larva Labs. Aside from the usual CryptoPunks, the rare ones include Aliens, Apes, and Zombies.
The Alien has three accessories: a pair of small curtains, a smoking pipe (with some clouds of smoke coming out of it), and a front cap. The sale took place around the same time as CryptoPunk # 3100 which beat the sale of # 7804 by $ 10,000.
two TIE: CryptoPunk # 3100- $ 7.58 million
Along the same lines as CryptoPunk # 7804, the More expensive CryptoPunk it is also one of the 9 Alien Punks.
He has a blue-green skin tone, comparable to Squidward from Sponge Bob Square Pants. The Alien also wears a blue and white headband (almost 406 of the 10,000 characters own them). Sold on March 11, the Punk started its journey from $ 76 in a 2017 sale, priced at 2 million and eventually its current price of $ 7.58 million.
one Every day- First 5,000 days- $ 69 million
At its first digital art auction, Christie’s auction house sold a massive collection of Beeple’s artwork for a record $ 69 million. Beeple has been making artwork every day since May 2007, not missing a single day.
These pieces of art dubbed as Every day They vary in terms of styles, media and content and are often based on dystopian or satirical settings. Despite the huge collection, if one sits down to individually analyze each of the 5,000 paintings, some of Beeple’s older work definitely wouldn’t age well considering some. problematic connotations. Today, Beeple turns out to be the third most expensive living artist in terms of auction prices, following Jeff Koons and David Hockney.
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