The 10 Most Expensive NFTs Sold So Far
The NFT art scene has flourished in recent months, with nine of the ten most expensive NFT transactions taking place in the last six months. Here are the most significant sales to date.
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Several NFTs have recently sold for more than $1 million each, with one going for almost $70 million.
Non-fungible tokens (NFTs) are one-of-a-kind digital objects commonly used to display works of art and collectibles.
Since NFTs, or non-fungible tokens, are often purchased and sold by cryptocurrency exchanges that are linked to the blockchain, which is by definition decentralized, it can be difficult to round up the highest-value person purchases. However, according to Insider’s reporting and data from the crypto-art auction site Nifty Gateway, the following are some of the most valuable NFT transactions to date.
The market for crypto art is booming — everyone from Mark Cuban to Paris Hilton to Taco Bell has gotten in on the action.
Non-fungible tokens, or NFTs, are shifting how we think of art, and investors are taking note. 2021 has seen a significant increase in interest in NFTs, with Google search interest in the word touching all-time highs and NFT marketplaces like Nifty Gateway and OpenSea clocking in record trading volumes as everybody tries to understand this new asset class.
But it’s not just the level of curiosity that’s rising. In the last six months, nine of the top ten most expensive NFTs of all time have been sold, indicating strong market interest. With that in mind, we’ve compiled a list of the ten most ridiculously costly NFTs ever sold, and we’ll leave it up to you to determine their true worth.
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- THE COMPLETE MF COLLECTION: $777,777
THE COMPLETE MF COLLECTION: $777,777
This NFT is unique in that it comes with a tangible token, in this case a signed titanium backplate, a sample of Beeple’s fur, and a certificate of possession (among other things). The token was the most expensive single edition token in Beeple’s ‘The 2020 Collection,’ and it was bought for $777,777 by NFT art dealer Tim Kang.
- Hairy: 888,888
In a 36-second shot, the NFT shows a blue bespectacled alien bopping to one of Aoki’s beats. It sells for $888,888 in an auction for Nifty Gateway at the time, which entitles users to an Infinite Objects physical screen showing the NFT (provided the owner holds the token for two weeks post auction).
- Not Forgotten, But Gone: $1 Million
WhIsBe, a New York City-based contemporary artist, is the creator of a collection of NFTs featuring gummy bears in different artistic ways. While WhIsBe is best known for his gummy bear murals in Brooklyn and huge sculptures in public spaces around the world, he has recently moved his creative attention to the field of NFT sculpture.
To date, the artist’s most lucrative NFT is a 16-second video of a spinning gummy bear skeleton named “Not Forgotten, Just Gone,” which sold for a whopping $1 million on Nifty Gateway.
- CryptoPunk #4156: $1.3 Million
Were you under the impression that we were finished with the CryptoPunks? No, not yet. CryptoPunk #4156 is another punk who made over a million dollars in a public auction.
CryptoPunk #4156, like the somewhat more expensive CryptoPunk #6965, is a rare ape-type coin, but it wears a blue bandana instead. According to the Larva Labs website, the average CryptoPunk sold for $25,247 in the last year, making CryptoPunk #4156 worth the same as 51.5 smaller CryptoPunks.
- Auction Winner Picks Name: $1.33 Million
3LAU, an American DJ and dance music producer, recently partnered with Slimesunday, a digital collage maker, to create Auction Winner Picks Name, an NFT that sold for $1.33 million on Nifty Gateway. The NFT comes with a music video and a dance track, and the customer gets to call both the original NFT and the open version NFTs that have recently sold on Nifty Gateway.
- CryptoPunk #6965: $1.54 Million
The second CryptoPunk on this list (seeing a pattern here? ), #6965, wears a funky fedora and has an unimpressed look. In February, it sold for a fair $1.54 million. The CryptoPunk is one of only 24 ape Punks, making it the second most scarce Punk style after alien.
As of this date, CryptoPunk #6965 is back on the market for 2,100 ETH (or $3.42 million). If the property is sold, the purchaser can make a tidy 122 percent return.
- The First Tweet: $2.9 Million
An NFT edition of Twitter cofounder and CEO Jack Dorsey’s first tweet, the first ever tweet on Twitter, was auctioned off in March 2021 and eventually sold for a whopping $2.9 million. The token was created using the Valuables network, which enables users to create NFTs that display their tweets.
Dorsey promised to directly transfer 100 percent of the proceeds to Bitcoin before contributing them to Africa Answer as part of his philanthropic activities.
- CROSSROAD: $6.66 Million
Beeple, a well-known visual artist, created the NFT CROSSROAD. It contains anti-Trump messaging as well as an enlarged Donald Trump-like figure lying in a vanquished heap of profanities scrawled over his nude body. But it wasn’t quite like this; the artwork was intended to adjust depending on the results of the 2020 referendum. If Trump had prevailed, it would have featured him sporting a crown and striding down the highway.
Nifty Gateway, a prominent digital collectibles marketplace, facilitated the $6.66 million sale of the NFT between its original owner (Twitter user Pablorfraile) and an unknown bidder. The NFT was sold four months after it was acquired, for nearly ten times its original valuation.
- CryptoPunk #7804: $7.5 Million
Dylan Field, the CEO of design software firm Figma, is the man behind the sale of CryptoPunk #7804, the world’s second most expensive NFT. In 2018, the NFT sold for a cool $4,200, which was worth $7.5 million at the time. CryptoPunks are a compilation of 10,000 randomly generated digital characters that were among the first non-fungible tokens issued on the Ethereum blockchain.
They were created by American game studio Larva Labs’ Matt Hall and John Watkinson. Any CryptoPunks with especially unusual or attractive characteristics, such as the blue-skinned pipe-smoking alien CryptoPunk #7804, were initially given away for free and have since sold for large quantities. This includes CryptoPunk #1651, which sold in February for a six-figure number.
- Everydays: The First 5000 Days: $69.3 Million
EVERYDAYS: THE FIRST 5000 DAYS holds the record for the most expensive NFT ever sold (as well as one of the most expensive artworks ever sold). The work, created by acclaimed visual artist Mike “Beeple” Winkelmann, sold for $69.3 million at Christie’s, marking the first time the venerable auction house has sold a solely digital work.
The NFT is a collage of 5,000 of Beeple’s earlier works that show his evolution as an artist through the course of his career.
It was bought by Vignesh “Metakovan” Sundaresan, who remained anonymous at first but later unveiled his name, saying that “the point was to show Indians and people of color that they, too, could be patrons, that crypto was an equalizing force between the West and the Rest, and that the global south was growing.” The second-highest bidder on the piece was none other than Tron CEO and founder Justin Sun, who bid a whopping $60.2 million before getting sniped at the last second by Sundaresan.