FxBrokerReviews.org – The wave of NFT in 2021 saw an unexpected explosion when artworks like Beeple’s ‘The First 5,000 Days’ was sold for Since then many artists and NFT collections like crypto punks, Pak, Bored Ape Yacht Club, and more have recorded unprecedented sales in the NFT marketplace.
The skyrocketing NFT prices and sales have been one of the main reasons for the insane popularity of these digital assets. The Non-fungible tokens provide ownership of digital assets based on blockchain networks as a result, the search for top-selling NFT art has been gaining constant momentum over the last year. While not many people know NFTs and how to mint or sell them, several celebrities and famous artists are switching to the marketplace today.
If you are confused about whether you can earn well through NFTs or not, we have compiled a list of the highest NFTs sold in 2022. Take a look below.
Also read: How To Know Which NFT To Buy?
Top 10 selling NFT art in 2022
1. The Merge by PAK
Pak became the most expensive NFT artist in December 2021 when his digital artwork was sold for $91.8 Million. Over 28,983 collectors purchased 312,686 units of mass NFT artwork. The auction was held via Nifty Gateway, a popular NFT marketplace now taken over by Gemini. The digital asset was based on the Ethereum blockchain.
2. Everydays: The First 5000 Day by Beeple
Mike Winkelman aka Beeple is definitely on the list of top 10 artists in the NFT marketplace. He is one of the artists who brought NFTs into the limelight. In January 2021 he created an artwork of a digital collage for 5000 days. He compiled these 5000 pictures into a collage and put it up as an digital asset in the marketplace. He named it Everydays: the first 5000 Day and the auction was held in March 2021 via christie’s auction house. The NFT was sold for a whopping $69.3 million to Vignesh Sundaresan. The artwork was based on the Ethereum blockchain.
3. Clock NFT by PAK
Created by Pak and Julian Assange in February 2022, the PAK’s Clock NFT currently ranks in third place for the highest-valued NFT sales for 2022 October. The artwork is a simple counter which shows the number of days that Julian Assange the founder of WikiLeaks has been imprisoned. The NFT was priced at $ 52.74 million in order to make arrangements for legal fees of Julian. The artwork has been supported by millions of crypto advocates as the imprisonment was termed as quite controversial. The digital asset was purchased by AssangeDAO, a group of over 10,000 Assange supporters, for 16593 ETH which is worth $52.7 million.
4. Human One NFT by Beeple
Human One NFT is one of the highest NFTs sold in 2022. You might already be familiar with Beeple as he is known for making outstanding NFT creations like Everydays: The first 5000 days. Human One is Beeple’s first-ever physical sculpture that evolves over time.
The artwork stands as a seven-foot-tall box-like sculpture that features four large LED screens depicting a helmeted astronaut traveling through dystopian environments. The structure is made of components such as mahogany, and polished aluminum, and a display of four human-sized video screens with a total of 16k resolution.
The USP of this NFT is that the screen keeps on displaying human and humanoid avatars for years to come. The NFT price of this unique artwork is placed at $ 28.9 million and Beeple maintains sole control of Human One. It was auctioned for sale in November 2021 and was purchased by Ryan Zurrer.
5. CryptoPunk #5822
CryptoPunk #5822 is the most expensive CryptoPunk ever sold. It was sold for $23 million on February 12, 2022, It almost came close to being the highest-selling NFT collection at the time of sale, but it missed the mark by just a few million.
The alien-style punk is bought by the CEO of Chain, Deepak Thapliyal. The NFT artwork was priced so high because it’s one of only nine aliens in the collection. The artwork is not only one of the rare 9 aliens in the collection of 10,000 NFTs but it’s also one of 481 to wear a bandana. Hence, it became a status symbol in the NFT marketplace and was sold for an unprecedented price.
6. CryptoPunk #7523
Matt Hall and John Watkinson founded crypto punks in 2017. Cryptopunks is an NFT collection of 10,000 24×24 pixel art images, generated algorithmically. Most are punky-looking characters but there are a few rarer types including, Apes, Zombies, and even the odd Aliens. Every punk has its own profile page that shows its attributes. No two punks are the same and are generated on the Ethereum blockchain.
CryptoPunk #7523 was bought by DraftKings’ shareholder Shalom Mackenzie at $ 11.7 million. The Punk has a red beanie, a gold earring, a facemask, and rare alien skin.
7. Tpunk #3442
The Tpunk #3442 is a rare “Joker” Tpunk. The collection is almost as popular as Cryptopunks and was inspired by the same. The artwork was purchased by TRON founder Justin Sun in August 202 for $10.5 Million. The collection consists of 10,000 avatars on the Tron blockchain. the collection consists of 9 aliens, 24 apes, 88 zombies, and 11 Justin avatars on the marketplace. The NFT collection surely comes under the top 10 NFT artists.
8. CryptoPunk #4156
On December 9, 2021, CryptoPunk #4156 was sold for $10.2 million which equals to 2500 ETH. Although it does not count as the most expensive NFT from the CryptoPunk family, it was the most famous NFT trade for a Punk in 2021. The source of the buyer is still unrevealed.
9. Right Click Save As Guy’ NFT
The ‘Right click save as’ is one of the popular NFT memes art created by artist Xcopy. The artwork was sold to Snoop Dogg, for $ 7.1 million, and this NFT landed on your most expensive list. Snoop Dogg is one of the most popular celebrities who is quite active in the Metaverse, crypto, web3, and now the NFT marketplace. He bought the NFT under his NFT username ‘cozomo de Medici’. The auction was held by super rare labs based on the Ethereum blockchain.
10. Ringers #879 NFT by Dimitri Cherniak
It is a collection of randomly generated digital artworks by Dimitri Cherniak. The entire collection has been highly-priced, with each NFT bringing in hundreds and thousands of dollars. However, Ringers #879 landed on our most expensive NFT 2022 with a selling price of $5.8 million. This NFT piece contained the same Art Blocks platform which helps artists algorithmically generate art instead of creating art themselves.
What is the highest selling NFT?
As of October 2022, the most expensive NFT sold is The Merge by PAK. This project sold for $91 million, and it is the highest sales value by a living artist for a single artwork. The digital artwork is simply a collection of circles of different sizes, which represent different masses. Each account can only own one NFT in this collection. What is unique about this art is that if you already own an NFT and purchase another one, then the two NFTs will merge into one, their masses will add together, and the circle will grow in size.
Which is the most expensive NFT sold on Opensea?
Bored Ape #8585 is the most expensive non-fungible token in the Yacht Club collection. It is also considered to be the top-selling NFT art in the Opensea marketplace. The artwork is a trippy ape, consisting of a king’s crown, heart sunglasses, and a psychedelic body. The ape was sold for a whopping $2.7 million on the OpenSea market which makes it the most expensive NFT sold on Opensea.
What are some of the most popular NFTs?
1. Artwork
NFT artwork includes not just paintings and photographs it has space for all virtual artworks like digital pics, GIFs, short videos, 3D pics, and more. These digital artworks are sold on the marketplace as though they are physical items. Some of the artworks even count as the most popular NFTs and, sell for millions.
2. Music and audios
The NFT marketplace had become a top spot for artists to release their exclusive tracks and claim ownership over media files. Artists often link their audio files and music to NFTs and gain true ownership claims given to an individual. Music being tokenized has benefited artists in several ways. It allows artists to have a direct reach to a new audience and a premium experience for listeners.
3. Gaming
NFTs are used as items like characters, costumes, skins, weapons, tools, and more in online games. However, they are only sold as NFTs and not the entire game. Gamers can even get access to limited editions and versions of some games in the marketplace. The top-selling NFT art gaming would include Cryptokitties, the sandbox, and more.
4. Sports
The NFT marketplace also has a huge space for sports enthusiasts. NFTs have been used is to capture memorable sports moments in form of short video clips. One of the most popular marketplaces for sports is NBA Top Shot. It offers limited edition video clips, play highlights, and NBA art, that one can trade, sell, and purchase. This NFT marketplace was built by the NBA using the Flow blockchain. The NBA manages this NFT marketplace and has exclusive rights to these video clips.
5. Memes
NFTs in the form of memes have become valuable in the marketplace. A few years ago, no one could imagine that memes could have any financial value attached to them. It has gained so much popularity that the original Doge meme sold for $4 million in June 2021.
How to buy a profitable NFT?
Below are some methods that are commonly used to help you buy a profitable NFT. Read below to know more:
1. Find A Suitable marketplace
After setting a budget, look around for a marketplace that can give you an idea of potential NFT projects. There are lots of platforms that serve various categories of tokens, including art, music, sports, and a lot more. OpenSea and Binance are just a few more examples to consider.
2. Join an NFT Community
Joining an NFT community is another way to get insight into profitable NFTs and upcoming projects. The following creators can provide you with information about all the latest launches and updates about the tokens. Some of the communities have a paywall, which is reflective of the value they can provide to their members.
In the NFT marketplace, community members help you by providing information about the market and offering practical guidelines regarding useful investment strategies. Also, the buying and selling activity of the tokens greatly depends on the number of active members an NFT community has.
3. Seller Credibility
The NFT marketplace is newly found, so there are chances of scams with people who are completely inexperienced with trading. Therefore, To be on the safe side only pick projects that are credible and verified and have a successful record of trading NFTs in the past. The more experience the team has, the more likely the project will succeed.
4. Gas Fees
To create, buy, sell and transfer NFTs, you have to deal with gas fees. Gas fees are the transaction fees that keep fluctuating and have to be paid for trading NFTs. Blockchains like Ethereum have the most expensive gas fees in the marketplace. So, before venturing into a project, try to evaluate the gas fee and whether or not it will fit your budget. For this you can take the help of certain tools like Rarible Analytics and NFT Gas Station, to trace such expenses.
Final thoughts
We have mentioned here the most important NFT prices and artworks that have been sold at millions of dollars. While the NFT marketplace looks very promising, it does not always guarantee you such high returns. You need to have experience, a proper skill set, and good knowledge of the marketplace to be able to identify profitable NFTs.
Read the strategies to earn money through NFTs by Forex Broker Reviews.
FAQ’s
Q1. What is the most expensive NFT?
Ans: The merge by Pak sold for around $91.8 Million and Everyday: the first 5000 days by Beeple sold for $69 million are considered to be the highest selling NFTs.
Q2. What are the top 10 NFT artists
Ans: Artists like PAK, Beeple, Larva Labs, and Justin Blau come in the list of top 10 NFT artists.
Q3. Do NFT artists make money?
Ans: NFTs allows artists allow digital artists to earn royalties on all future sales each time someone buys the token.
