Top 5 Most Expensive NFTs Ever Sold

In 2022, three of the largest auction houses experimented with something unconventional, i.e. NFTs or Non-Fungible Tokens. However, based on the results, the demand for digital art is undeniably high. If you think who would spend money on NFTs, much alone millions of dollars, the answer isn’t just “super fans.” However, anybody from collectors to individuals looking for a means to increase their income is influencing the role of NFTs in the creative economy and enabling creators to earn millions from a single work of art. Let’s get down to the topic: Top 5 most expensive NFTs ever sold.

5 Most Expensive NFTs

Check out the most expensive NFTs that were sold at a hefty price:

1. The Merge

Pak’s ‘The Merge’ was the most costly NFT ever sold. It was sold for a whopping price of $91.8 million. The NFT was sold to 28,893 users who bought 312,686 mass production units. The initial cost was $575, with a $25 increase every six hours.

Furthermore, three huge white masses (dots) against a black background make up the NFT. The higher the customer number, the larger their bulk would become. The NFT has a shortage mechanism that assures the token supply decreases significantly.

Every Merge token delivered fuses with the receiving wallet’s token, resulting in a single token with a more significant mass value. Eventually, in time, there will be only one final mass.

For NFT owners, a built-in leaderboard allows them to track the mass collected by other collectors. The leader board will award different style categories to the top 100 and top 5. The Alpha class is the highest conceivable presented to the ultimate collector; Its dynamic framework sets it apart from other frameworks.

2. The First 5000 Days

Beeples’ First 5000 Days is one of the high-grossing NFT projects. Beeples developed it as part of his Everyday project, a collage of 5000 unique NFTs. Christie’s Auction House auctioned it for a staggering $69 million in 2021, equivalent to 42.329 ETH.

Furthermore, the NFT was given to Vignesh Sundaresan, a Singapore-based developer who has made the most of his money by trading in cryptocurrency.

3. CLOCK

The origin of the third most costly NFT is unusual. The NFT is a clock that displays the number of days Assange has been detained. When Julian Assange was problematically detained, it was established to aid his defence fund.

Furthermore, over 10,000 backers, each holding a share of the NFT, contributed to the massive $56 million price tag. The Wau Holland Foundation, which funds Assange’s defence, received 100% of the proceeds.

The artist’s secrecy they refuse to reveal their identity in interviews is in keeping with the cause for which they are raising funds. Many people have been prompted to reconsider Assange’s rugged case, liberty, and access to data.

4. HUMAN ONE

Beeple also created Human One, a digital/physical fusion piece of art. 

In 2021, it was put off at a remarkable price tag of $28.9 million.

However, the artwork on this NFT changes over time, which is an excellent feature. The NFT displays an astronaut walking across several surroundings that, as previously stated, vary throughout time. Even though Beeple does not have the art rights, he has remote access and can upgrade it regularly.

People also said that the artwork was influenced by studies involving the integration of multiple televisions into various shapes and patterns.

5. CryptoPunk #5822

CryptoPunk is the most costly CryptoPunk ever sold for a staggering $23 million. On the NFT, there’s also been a lot of bidding and advertising activity. Throughout the token’s existence, there have been many offers of over 1000 ETH ($3 million).

Furthermore, the owner has repeatedly put it off for tens of thousands of ETH. None of these advertisements, however, have come to pass. The NFT was transferred to an unnamed wallet titled 7DDFFB 19 days ago, and the holder hasn’t listed it since.

Only 2% of the set has a specific attribute, making it highly unusual. Finally, #5822 is a part of the Alien skin, which, as previously said, is the rarest skin available (0.09 per cent chance). The CryptoPunk’s insanely high price is probably due to the enormous amount of unique qualities.

Conclusion

NFTs are still holding strong in 2022. Furthermore, with no upper limit on how high NFT values can rise, this crypto realm gives a rich opportunity for anyone who can invest in the appropriate companies and be patient.