NFTs, or “Non-Fungible Tokens,” are one-of-a-kind tokens that represent a unique good or asset. In short, NFT is a token that is created on blockchain technology, which makes each token irreplaceable, making it impossible for one non-fungible token to be equal to another.
In this article, we’re going to discuss the world’s top 10 most expensive NFT items. While there are plenty of NFT projects nowadays and the number is increasing daily, there are some giant projects that have gained huge amounts of success and increased their value.
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“CryptoPunk #6965” by Matt and John from the Larva Labs
The 10th place of NFT projects in this list belongs to CryptoPunks. CryptoPunk #6965 was sold for 1.5 million dollars. This collectible pixel art piece has a shape of an Ape. The value of this piece is again, determined by the rarity of the artwork. There are apparently only 24 apes in the collection, which makes this one unique and expensive piece.
“The First Tweet” by Jack Dorsey
One of the most talked-about NFT projects to this day is a tweet, called “The First Tweet” created by Jack Dorsey, who is CEO and creator of Twitter which he posted on 21 March 2006, on the day he created Twitter. It sold for 2.9 million dollars. All money was donated to the charity.
“Replicator” by Michah Dowbak
The most unique NFT project in this list is Michah Dowbak’s “Replicator”, considering that it is the first “multi-generational NFT” to ever hit space. The price of this project is 4.1 million dollars at the auction.
“Stay Free” by Edward Snowden
This NFT project is by Edward Snowden, who is a computer intelligence contractor. His NFT work “Stay Free” is an image of his own face overlapping the pages of court documents that ruled that the NSA’s wide-ranging surveillance programs violated US law. This art piece sold at 5.4 million dollars.
“World Wide Web Source Code” by Tim Berners-Lee
The next NFT project in this list is “World Wide Web Source Code” by the creator of the World Wide Web, with a price of 5.4 million dollars. The NFT includes 4 different pieces, which are time-stamped source code files, a video animation of the code’s creation, a letter by the creator, and Sir Tim’s self-designed digital poster of his code. Snowden donated the funds to charity.
“OceanFront” by Mike Winkelmann (Beeple)
Like his previous works, Mike Winkelmann’s (Beeple’s) next NFT project became a huge success. NFT artwork named “OceanFront” sold for 6 million dollars. The artwork portrays the dangers of climate change, yet the artwork is very appealing to the eye considering the pastel color and animated shapes.
“Crossroad” by Beeple
In the fashion of Bored Ape Yacht Club creators, Mike Winkelmann didn’t stop with “The first 5,000 days”, his work “Crossroad” also became one of the most expensive NFT artwork with a price of 6.6 million dollars. This artwork is a mockery of the ex-president of the United States Donald Trump, after losing the elections.
“CryptoPunk #7804” by Matt and John from the Larva Labs
The next one up is a Sherlock-Holmes-looking CryptoPunk piece. Yet another one of the most expensive projects made a killing in the NFT art world. Larva Labs sold CryptoPunk #7804 during the same time as #3100 and its price is 7.57 million dollars. #7804 is also a very rare piece. The rarity of this piece is determined by the accessories that it owns.
Read more: How to sell an NFT for a pretty penny?
“CryptoPunk #3100” by Matt and John from the Larva Labs
The second most expensive NFT in the world today is CryptoPunk #3100. CryptoPunks is a digital, pixel art project, composed of 8-bit images of humanoid characters known as Punk. This project is one of the earliest collectible series that exist on the Ethereum blockchain. The price of CryptoPunk #3100 is 7.58 million dollars. What determines the high price of this piece is that it is one of the rarest pieces in the collection.
Read more: Why are some NFTs worth millions?
“Everydays: The First 5,000 Days” by Beeple
One of the first and biggest NFT projects today is a creation by digital artist Mike Winkelmann a.k.a “Beeple” and his NFT project by name “The First 5,000 Days” which sold for 69 million dollars. Beeple is a famous digital artist/graphic designer who creates art pieces. “The first 5,000 days” is collage art. Beeple started working on this project somewhere around 2007 and was creating art pieces every single day. This NFT artwork sold at auction for $69,346,250.