Following the massive crypto trend in 2020, the crypto ecosystem has seen a huge expansion with newer possibilities. Not only did the crypto community witness massive growth, both in terms of market capitalization and infrastructural development, but they also took interest in the rising demand for NFTs.
NFTs or Non-Fungible Tokens are cryptographic tokens that uniquely define an asset. They can be used to represent digital assets which are in the form of images and also can track real-world assets like a house or an art piece for example.
With the exponential growth in the NFT space, coupled with the Metaverse craze, it is not surprising that digital creators are minting anything into NFTs! With blockchain technology reshaping the digital space and NFTs making headlines every day, let us take a walk around the top 10 most expensive NFTs ever sold!
10 Most Expensive NFTs Ever Sold (Updated 2022)*
|NFT Project Name||NFT Selling Price|
|The Merge||$91.8 million|
|The First 5000 days||$69.3 million|
|Beeple, Human One||$29.9 million|
|CryptoPunk #7523||$11.75 million|
|CryptoPunk #3100||$7.58 million|
|Xcopy: Right-Click and Save As Guy||$7.09 million|
|Art Blocks, Ringers #109||$6.93 million|
|Beeple, Crossroads||$6.6 million|
|This Changed Everything||$5.4 million|
|Save Thousands of Lives||$4.5 million|
Source: Crypto Potato
1. The Merge – $91.8 million
An anonymous digital artist nicknamed Pak created The Merge NFT. The original NFT piece was a single artwork. It was composed of a collection of “masses” that users could buy. However, it was fractionalized to 312,686 pieces and distributed to 28,983 buyers. The pieces could then be stockpiled to make a bigger mass to be sold on a secondary market. By the end of the sale, the amount garnered made it the most expensive NFT sold to date.
2. The First 5000 days – $69.3 million
The First 5000 Days is an NFT artwork created by Michael Winkelmann, a digital artist known as Beeple. It is an important artwork in the NFT community as it paved the way for mainstream audiences to explore on-fungible assets.
3. Beeple, Human One – $29.9 million
Beeple’s Human One NFT is the first human of the Metaverse space. The NFT of Human One is an ongoing journey that changes based on the time of the day and will continue to evolve over time.
4. CryptoPunk #7523 – $11.75 million
CryptoPunks is an NFT collection that consists of uniquely generated characters based on the Ethereum blockchain. CryptoPunk #7523, also dubbed “Covid Alien is the most expensive NFT CryptoPunk sold to date.
The NFT belonged to a series of rare aliens, which consisted of 9 “Alien Punks.”
5. CryptoPunk #3100 – $7.58 million
CryptoPunk #3100 is part of the 9 Alien Punks series, and it’s slightly above CryptoPunk #7804 as one of the most expensive NFT Alien Punks sold to date. As only only 406 of the 10,000 CryptoPunks have a headband, this NFT garnered such a high value, after CryptoPunk #7804.
CryptoPunk #3100 is the one where an Alien is wearing a blue and white headband.
6. Xcopy: Right-Click and Save As Guy – $7.09 million
Xcopy, known for his dystopian- and death-themed works, has created the Right-click and Save As guy. He gave this name to his NFT artwork as a joke for those who think that NFTs are not that special because they can simply be right-clicked and downloaded.
7. Art Blocks, Ringers #109 – $6.93 million
Art Blocks is a storefront for genuinely programmable and on-demand generative artwork that is stored directly on the Ethereum blockchain. Ringers #109 is one of the artwork from their collection of 99,000 Art Block NFTs.
8. Beeple, Crossroads – $6.6 million
Mike Winkelmann, better known by his artistic pseudonym Beeple, created an animated NFT called Crossroad. The animated NFT features Donald Trump, the former US President, lying on a field while bystanders ignore him.
9. This Changed Everything – $5.4 million
This Changed Everything is an NFT of the source code used for one of the earliest versions of the World Wide Web. It comes with several perks for the owner, like:
- A letter written by Sir Timothy John Berners-Lee, an English computer scientist and the inventor of the internet.
- A digital poster of the code written by him, and
- Few time-stamped documents that recorded the history of the internet in its early days.
10. Save Thousands of Lives – $4.5 million
Noora Health, an organization that saves the lives of at-risk patients in South Asia created the Save Thousands of Life NFT to help them raise funds. This artwork made it to the top list of most expensive NFT with the selling price of 1337 ETH, worth $4.5 million in May 2021. The profits were allocated to the organization’s program aimed at saving newborns’ lives instead.
How to create NFTs?
Being unique in nature is what makes NFTs so valuable for their buyers. Now that we have discussed about the most expensive NFTs, let us also take a quick look at the steps one can follow to make their own NFTs.
- Decide on the concept
- Choose a platform for your NFT
- Connect and build a community
- Create your NFT
- Mint the NFT
Additional read: How to create NFTs and Sell it – Detailed Guide
How to sell your NFTs?
NFTs has not only opened numerous options for artists and digital creators, but has also taken the crypto space to a whole new dimension. Following the steps to create the NFT, it is now time to make them available for prospective buyers! All you have to do is;
- Segregate the target audience; art, music, architecture, etc.
- Set up a wallet with some crypto assets.
- Connect your wallet to the NFT platform you will be using to host your NFT.
- Upload your artwork or the file with your NFT.
- Set up an auction.
- Make sure to add a description.
- List your NFT. Soon you will be asked to pay a listing fee.
Once the listing fee has been paid to the NFT marketplace, you are all set to sell your NFT!
Read more blogs on NFTs
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