2021 is coming to an end and one prominent theme this year in the world of cryptocurrencies and blockchain technology most definitely belongs to non-fungible token (NFT) assets. This year NFTs became a billion-dollar industry and many NFTs have sold for millions of dollars. The following is a look at the top ten NFTs, in terms of sale value in 2021, as they are considered the most expensive NFTs on earth
2021’s Top 10 Most Expensive NFTs
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Billions of dollars in digital assets have been traded for NFTs and various collections have significantly sized market valuations. For instance, according to dappradar.com metrics, the Axie Infinity NFT collection has captured $3.81 billion across 11.4 million sales. Cryptopunks is the second-largest NFT collection in terms of overall sales with $2.32 billion.
The Cryptopunks collection itself has a market capitalization of around $3 billion today, while Bored Ape Yacht Club’s market cap is $2.5 billion. There’s also a list of the most expensive NFTs ever sold and single NFTs that have sold for multi-millions in digital currency. The list below excludes the controversial Cryptopunk #9998 sale that took place two months ago for 124,450 ether or $529 million.
Pak: ‘The Merge’ — $91.8M
While Beeple held the top position in terms of the most expensive NFT ever sold for most of 2021, at the end of the year a non-fungible token designed by the NFT artist Pak sold for $91.8 million via Nifty Gateway. The NFT called “The Merge,” however, was fractionalized and distributed to 28,983 traders who obtained roughly 312,686 fractionalized pieces of “The Merge” NFT crafted by Pak.
The American artist Michael Winkelmann, otherwise known as Beeple, made history this year when he sold the NFT “Everydays: The First 5,000 Days” for $69.3 million via a Christie’s auction. This particular sale helped propel NFTs into the limelight and non-fungible token assets were noticed by mainstream audiences. Beeple is one of the most well-known NFT artists today and he also launched his own NFT marketplace called We.new.
