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22nd February 2022 - By: Marc Luther Thomas

The Most Expensive NFTs

The most expensive NFTs

We love NFTs at Nifty as they are a great way for brands and creators to build communities and engage audiences. The eye-watering sums that some of them have sold for has inevitably played a big part in the surge of interest in the NFT space in recent times. Here’s some of the most expensive NFTs to have been sold to date…

Pak’s ‘The Merge’

The most expensive NFT ever sold is officially Pak’s The Merge, the only piece in the top 10 most expensive to have multiple owners. Nearly 30,000 people chipped in for the piece, bringing its value to $91.8 million.

Emphasis on the word ‘officially’ here… a CyberPunk NFT far eclipsed the value of The Merge in October 2021 when it was sold for a staggering $532 million, although it soon became apparent that it had been bought and sold by the same person.

Beeple’s ‘Everydays’

The most expensive NFT ever sold to a single owner is Everydays: The First 5000 Days by Beeple (real name Mike Winkelmann), which was bought at auction for $69 million. After initial bids equating to around $100, the value had risen to more than $1 million within an hour, before it was eventually snapped up by MetaKovan, founder of the NFT investment fund Metapurse.

Currently, Beeple is one of the most renowned digital artists, with Everydays a collage of what he’s created as part of a project to produce a piece of digital art each day. He has produced multiple pieces selling for millions of dollars, with some of his best known work including Human One, which was bought by crypto billionaire Ryan Zurrer in December 2021 for just under $30 million; and Crossroad, a piece showing Donald Trump lying down on a field with oblivious bystanders walking past, which sold for $6.6 million.

CryptoPunk #7523

The CryptoPunk collection is one of the most recognisable series of NFTs, made up of 10,000 unique collectible characters. The CryptoPunks are among the earliest examples of NFTs on Ethereum and were initially available for free to anyone with an Ethereum wallet, but were rapidly bought up and can now only be bought via the marketplace. This piece, #7523, is the third-rarest of the lot and sold for $11.75 million, which begs the question: how much will the two rarest ones sell for?!

If you’d like support with an ambitious NFT project of your own, get in touch with the Nifty team today.