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A List Of The Most Expensive NFT Artworks Ever Sold (view source)
Revision as of 04:35, 20 February 2023
, 04:35, 20 February 2023Created page with "These Are The Most Expensive NFT Artworks Ever Sold.<br>As NFTs continue to take the world by storm, these artworks have generated the most value.<br>NFTs (non-fungible tokens..."
These Are The Most Expensive NFT Artworks Ever Sold.<br>As NFTs continue to take the world by storm, these artworks have generated the most value.<br>NFTs (non-fungible tokens) have become the "it" thing of the moment ever since artist Beeple sold a sold a piece for interest NFT projects a whopping US$69.3 million in 2021. NFT artworks share some attributes with physical artworks in terms of creativity and aesthetics. However, the key difference is that being NFTs, they are simply a code — digital art that exists only on the internet.<br>Certain works go beyond a simple piece of visual art, such as REPLICATOR, by Canadian artist Mad Dog Jones, a piece that replicates itself and produces a new NFT every 28 days.<br>According to its seller — auction house Phillips — it is an "NFT experience comprising seven unique generations of artworks". The work sold for US$4.1 million in April 2021, making Mad Dog Jones the most expensive living Canadian artist.<br>And since, the prices of NFT sales of artworks have skyrocketed. It seems that the market for most expensive NFT artwork has just started to flourish, leaving room to expect much more in the coming years.<br>The 7 Most Sought-After NFT Projects Of 2022.<br>By Nishtha Grover, Nov 29.<br>Is Bored Ape Yacht Club The Latest NFT Rage?<br>By Manas Sen Gupta, invest in nft Dec 10.<br>The most expensive NFT artworks ever sold.<br>The Merge: US$91.8 million.<br>Image credit: Pak / @muratpak/ Twitter.<br>The Merge is a unique digital artwork in the world of NFTs because, instead of being a single piece of work, The Merge is what can be called fragmented art.<br>Created by the renowned artist who goes by the pseudonym Pak, The Merge was sold on NFT marketplace Nifty Gateway between 2 and 4 December 2021. It fetched a record sum of US$91.8 million — the most expensive NFT ever sold that as an artwork.<br>Instead of a single owner, The Merge is held by 28,983 collectors. This is because the artwork was sold in units known as ‘mass’. Thus, the collectors together bought a total of 266,445 masses by the time the sale ended on 4 December.<br>Each ‘mass’ cost US$575 when the sale began, and the price of the tokens went up by US$25 every six hours.<br>Everydays – The First 5000 Days: US$69.3 million.<br>Image credit: Christie’s.<br>Acclaimed digital artist Mike Winklemann, better known as Beeple, created a record when his single piece artwork titled Everydays – The First 5000 Days sold for US$69.3 million at a Christie’s auction on 11 March 2021. Therefore, it is the most expensive NFT sale recorded for an artwork by Beeple.<br>The artwork is so named because it is a collage of 5,000 individual images made one per day over more than thirteen years from 2007 to 2020.<br>It was the first purely digital NFT-based artwork offered by a major auction house. Following the sale, Christie’s said Beeple now ranked among the "top three most valuable living artists."<br>Its buyer, MetaKovan, later revealed as crypto investor Vignesh Sundaresan, called it "a steal" while talking to The New York Times .<br>The costliest single-piece NFT artwork, Everydays – The First 5000 Days, is credited by many as the sale that started the NFT boom through 2021. It also catapulted Beeple and his works into an even bigger league, with collaborations with Nike and Katy Perry.<br>Human One: US$28.9 million.<br>Image credit: Beeple/Christie’s.<br>On 9 November 2021, Beeple had his one of the most expensive NFT artwork sale. At an auction hosted by Christie’s, invest in nft the American artist’s creation, Human One , interest NFT projects went under the hammer for US$28.9 million. The buyer was Swiss entrepreneur and venture capitalist Ryan Zurrer.<br>Human One is remarkably different from Everydays: The First 5,000 Days — the former is a hybrid digital and physical artwork, whereas the latter does not physically exist.<br>Beeple created a futuristic human-like sculpture, which was seven feet tall and appears to be perpetually walking across ever-changing landscapes. The 3D movement is presented through four video screens of 16K resolution, which come together to form a 4×4-feet box.<br>According to Christie’s, the kinetic video sculpture came with dual media servers and had a polished aluminium metal, mahogany wood frame.<br>Speaking to Christie’s head of digital sales Noah Davis, Beeple said , "We had a bunch of TVs on rollers in our studio and were rolling them around in different shapes and patterns. Then I was like: ‘We should roll them into a little box unit.’…We immediately realised that this configuration of screens was a powerful canvas — anything we put on it looked awesome."<br>Human One was sold with a corresponding dynamic NFT, which was minted on 28 October 2021. The unique feature of the work is that Beeple will continue to have remote access and creative control over it. This means that the artist can change the creative elements, such as the landscape, as long as he is alive.<br>"The Physical Element is designed to continuously display the Artwork. Beeple will maintain remote access to the Physical Element to ensure proper functionality and/or enhance the displayed Artwork. Beeple warrants that the Physical Element does not contain any features designed to impair the continuous display of the Artwork," Christie’s said in its description of Human One .