“Merge,” the NFT artwork created by digital artist Pak, sold in December this year for nearly $92 million on Nifty Gateway.
Non-fungible tokens or NFTs took over society in 2021. In the art industry, through to sports, video games, music and fashion, NFT tokens have gained great momentum and popularity, transforming our way of perceiving and appreciating the real world. The boom for these digital assets, and the impressive value achieved this year, is related to the authenticity and digital ownership that they guarantee thanks to technology. blockchain; which has allowed artists and creators to offer unique and unrepeatable virtual pieces that sell for several million dollars in different markets.
For this reason, at Bit2Me News we have made a list of the 5 most valued NFTs and those that have generated the greatest profits in the cryptocurrency industry this 2021.
It may interest you: DeFi, NFTs and Gaming transform 61 cryptocurrency companies into unicorns in 2021
"Merge"
Pak, one of the most recognized artists in the crypto world, sold his NFT artwork “Go” for $91,8 million on the Nifty Gateway marketplace earlier this month. The digital artist’s work was broken up into 295.417 pieces, which were offered on the NFT marketplace at an initial price of $299, reaching up to $575 per unit at the close of the auction.
“Merge” is Pak’s first artwork to be sold in a piecemeal fashion, allowing over 28.000 investors to acquire shares of the digital work. With this NFT, Pak set a new all-time sales record, as the most valuable artwork by a living artist worldwide.
"Everydays: The First 5000 Days"
"Everydays: The First 5000 Days,” a collection of Beeple’s artworks since he was 13, sold for $69,3 million at auction at Christies in March. The auction for the NFT artwork had already reached $1 million in its first 10 minutes. Beeple, whose real name is Mike Winkelmann, is one of the most valuable crypto artists to date, selling more than 1.350 digital artworks worth more than $174,5 million, according to the monitoring platform Cryptoart.
CryptoPunk # 7523
Punk #7523, known as the “Covid Alien,” from Ethereum’s CryptoPunks NFT collection, sold for over $11 million in June. The Covid Alien is one of the rarest punks in the NFT collection and the only one wearing a face mask.
CryptoPunks are considered the first NFT project born on Ethereum and an icon of the modern Crypto Art movement. These NFTs were created in 2017 and have gained huge popularity this year. In total, there are 10.000 unique NFTs, generated from special characters, ensuring that no 2 characters are the same within this collection. Other punks, such as #7804 and #3100, were sold this year for $7,56 million and $7,51 million, respectively. Visa, which invested in an NFT from this collection in August, said that these pixelated characters have great cultural and artistic value.
Bored Ape Yacht Club
In September, auction house Sotheby's auctioned off a batch of 101 NFTs from the Bored Ape Yacht Club collection for $24,3 million. The British auction house had estimated the value of the NFT collection at between $12 million and $18 million.
The Bored Apes Yacht Club or BAYC collection has become one of the most popular in the crypto industry, surpassing CryptoPunks in terms of average minimum value. According to data from Opensea, the current average value of these crypto collectibles on the blockchain is 52,6 ethers; about $215.000 at the time of writing.
“Ultraviolet” vinyl collection
Acclaimed songwriter and DJ 3LAU sold his “Ultraviolet” vinyl collection for $11,7 million in March, thanks to NFTs. The music album “Ultraviolet” was created by 3LAU at the age of 27. In 2018, it reached number one on the iTunes playlists. 3LAU released a series of 33 digital collectibles in NFT format, which were auctioned on the Origin Protocol platform. The artist’s music NFTs were redeemable for physical vinyl records from the artist.
Other of the most expensive sales in NFT
- Sir Tim Berners-Lee sold the open source code of the World Wide Web (WWW) as an NFT, for $5,43 million at auction house Sotheby's.
- Edward Snowden, former CIA and NSA agent, created his first digital work called "Stay Free" in April this year, which sold as an NFT for $5,27 million on the Foundation platform.
- Jack Dorsey, CEO of Block and former CEO of Twitter, sold his first message on Twitter as an NFT token, for $2,9 million. The money from the sale was donated to a humanitarian aid organization.
- An digital plot of land Located on the Genesis estate in the Axie nation, it sold for $2,4 million in November.
- Art Blocks’ generative art has racked up multi-million dollar sales, making it one of the most important collections in the industry. Ringers #879 generative art sold for over $5 million in August.
Featured photo by 123rf.com
Continue reading: Warner Bros. will launch a collection of 100.000 NFT avatars inspired by the fourth installment of The Matrix
