Non-fungible tokens are becoming super popular worldwide as more artists and celebrities endorse the NFT market and invest in high-ticket NFT collections. NFTs allow digital artists greater control over their digital intellectual property, allowing collectors to enter the digital art market with greater security and clearer rights of ownership over their investments. The NFT marketplace will continue to offer great opportunities for artists around the world. Here’s a look at 6 of the most successful NFT sales in history and what made these pieces so valuable and attractive to NFT collectors.
Beeple is a super famous and highly successful NFT artist who has sold several high-ticket NFTs worth over one million USD. Beeple’s Crossroad, one of his more expensive NFTs, Crossroads, is a ten-second video clip of people walking past each other on the street. In the background of the piece is a fallen body covered in graffiti that many people believe represents former President Donald Trump after his loss in the 2020 election. This NFT is extremely popular and is one of the most expensive ever sold.
Crypto Punks are a large NFT project by Lava Labs that consist of 10,000 unique 8-bit avatars that all have different features which impact their rarity. CryptoPunk #7523 was particularly popular in this collection and sold for over eleven million dollars. This CryptoPunk is a part of their more rare alien collections and wears a face mask, beanie, and earrings. This particular NFT is unique because it is one of the few that was not sold through a crypto exchange but rather through an auction at Sotheby’s.
Another CryptoPunk Token that sold for millions of dollars, #5822 is another rare avatar that wears a blue bandana. Only 333 CryptoPunks have bandanas, and this one was bought by an avid NFT collector. CryptoPunks will continue to be high-ticket collectibles as they were one of the first-ever NFT projects to be created, helping launch NFTs into pop culture.
Beeple is one of the world’s prolific and popular NFT artists and one of the first NFT artists to see success at such a high level. Human One is unique because it is a video clip of a sculpture created by Beeple rather than a regular piece of digital art or gif. The video shows a man in a space suit walking in place within a large rotating cube; as the cube rotates, the perspective of the man changes, as does the landscape he walks through. The video is 17 seconds long, and its alternative medium is a significant reason why this piece landed such a high price tag.
Another piece by Beeple, this is a collage of 5000 of Beeples works. This is the highest valued NFT sold to a single owner. Everydays was the first NFT to be auctioned off of an exchange, taking place through the famous Christies auction house. This piece results from Beeple’s 2007 promise to create one piece of art a day, which he then stitched together into this massive collection.
The most expensive nft ever sold, The Merge by Pak is unique in more ways than one. This NFT was one of the first-ever digital art NFTs purchased by multiple collectors. Thirty thousand crypto investors came together to buy this beautiful NFT, which has a built-in scarcity mechanism that makes shares of the piece more expensive as more buyers enter the mass. This is one of the most dynamic NFT sales of all time, and the NFT is still shared between more than 30,000 collectors.
You can learn more about NFTs by joining an online crypto community such as FTX, which offers a broad crypto knowledge base and access to the NFT marketplace. NFTs will continue to be popular forms of exchange as new blockchain projects like the Metaverse emerge, and contemporary artists continue to endorse the marketplace.