The 10 Most Expensive NFTs Ever Sold

In brief
Non-fungible tokens (NFTs) are distinct cryptographic assets commonly used to represent cryptographic art and digital collectibles. The growth of the NFT market has created scarcity for digital products and created great value for creators and investors.
In this article, we'll look at some of the most expensive NFTs sold to date, such as artist Beeple's  Everydays: The First 5000 Days ($69.3 million) and a series of CryptoPunk coins. List value with huge selling price.

IntroduceNFTs have seen exponential growth in 2021, with tens of thousands of investors flocking to collect digital art in various forms. Some NFTs even generated record prices and sales. What are NFTs and why are they valuable?

What are NFTs?NFTs (or non-fungible tokens) are tokens issued on the blockchain to represent a unique asset - be it a document, artwork, music, or even real estate. NFTs cannot be replaced because each NFT is an independent digital asset with a unique identifier.
Even if two NFTs look very similar, they are not interchangeable. So while one bitcoin is equivalent and tradable with another, an NFT is not. That's why NFT technology is used to create proof of authenticity and ownership on the blockchain. NFTs can be purely digital assets like game items played for money and land across the metaverse, or tokenized versions of real-world assets.

What gives NFTs their value?The value of NFTs is determined by market supply and demand. Valuing an NFT is often easier when it is created as a representation of a physical asset. But most NFTs only exist on-chain, in the digital world.
Each NFT collection has a different supply, and each NFT unit can have a different rarity. But there are several other factors that can determine the value of an NFT. For example, limited NFTs that have specific applications will often be more valuable. The founding team, along with artists and the community, can also influence demand for NFTs.
In other words, the value of an NFT can be related to who created it, its value in games played for money, or simply community and market sentiment. There are many successful NFT projects, but there are many more that have failed. Be sure to DYOR before trading or investing in NFTs and don't use money you can't afford to lose.

The most expensive NFTs ever soldLet's take a look at some of the most expensive NFTs ever sold as of May 2022. Prices mentioned below are based on the time of sale.

1. Everydays: The First 5000 Days - 69,3 triệu USDEverydays: The First 5000 Days is a work of digital art by American graphic designer Mike Winkelmann, better known as Beeple. This NFT was sold for $69.3 million in February 2021, purchased by investor Metakovan through an auction at Christie's auction house.
This NFT is a collage of 5,000 of Beeple's previous artworks. Since 2007, Beeple started uploading a new image to his Instagram every day for 13 years. His “everyday” artworks are often set in a post-apocalyptic setting and often have some reference to current news or pop culture. This NFT collage can be seen as representative of Beeple's evolution as a digital artist.

2. Clock - 52.7 million USDClock depicts a dynamic timer that counts the number of days WikiLeaks founder Julian Assange has spent in prison. Assange is involved in a highly controversial case. He is facing extradition from the UK to the US on multiple espionage charges and a 175-year prison sentence.
The NFT was curated by digital artist Pak and Assange to support his legal bills. It was auctioned for 16,953 ETH in February 2022 to AssangeDAO, a decentralized organization (DAO) founded to crowdfund NFT sales. In addition to the ETH they used to purchase Clock, AssangeDAO still holds the 17,422 ETH they initially raised to purchase the NFT.
Pak and Assange not only manage the Clock, they also allow anyone to create their own NFTs. They can tokenize a moderated message for any price they want or for free. The message will turn into an image showing the words highlighted through, as if it were being moderated. The execution of this NFT series will be by pro-freedom organizations selected by Assange and Pak.

3. HUMAN ONE - 28.9 million USDAnother remastered NFT from Beeple, HUMAN ONE is the first physical artwork the artist has created. This NFT was sold at Christie's auction house for $28.9 million in November 2021.
HUMAN ONE is a 3D moving sculpture with 4 digital screens. It shows an endless video of an astronaut's journey through locations at different times of the day. The hybrid artwork reflects Beeple's artistic ambitions beyond the digital realm.

4. CryptoPunk#5822- 23.7 million USDAs one of the first popular NFT projects, these pixelated CryptoPunks continue to make the list of the most expensive NFTs ever sold. CryptoPunk#5822was sold for 8,000 ETH in February 2022 to the CEO of a blockchain technology startup. It is the rarest alien version — there are only 9 in the entire NFT collection. What makes it even more special is that it's also one of 333 with a bandana.

5. CryptoPunk#7523- 11.75 million USDThe next most valuable NFT also comes from CryptoPunk. Before the sale of  #5822, #7523was the most expensive CryptoPunk ever sold.
CryptoPunk #7523 was auctioned at Sotheby's for $11.75 million during the COVID pandemic in June 2021. Not only is it part of an extremely rare version of the alien, but it's also the only masked alien, which is what makes buyers love this particular CryptoPunk.

6. TPunk#3442- 10.5 million USDSome consider TPunks to be Tron's version of CryptoPunks, with faces created in the familiar pixelated style carrying different attributes and rarities. One of the rarest is this clown face TPunk #3442. It was sold for 120 million TRX in August 2021 to Justin Sun, CEO of Tron. This is the most expensive NFT ever sold on the Tron blockchain. However, Sun did not keep TPunk. He donated it to APENFT shortly after purchasing it.

7. CryptoPunk#4156- $10.26 millionAnother CryptoPunk among the most expensive NFTs. CryptoPunk#4156is an image of an ape with a blue headgear. Its previous owner was someone with the pseudonym “Punk 4156” who bought this NFT for 1.25 million USD in February 2021. However, he sold this NFT for 10.26 million USD in December of the same year.

8. CryptoPunk#5577- 7.7 million USDAt number 8 is another CryptoPunk ape, this time an ape with a cowboy hat. CryptoPunk#5577 was sold for 2,501 ETH in February 2022. Although not confirmed, many believe the buyer was Robert Leshner, CEO of Compound Finance, who tweeted “Yeehaw” after the sale buying occurs.

9. CryptoPunk#3100- 7.58 million USDSold for $7.58 million in March 2021, CryptoPunk#3100was also one of the nine aliens, and this one also wore a headband. As of May 2022, this Punk is listed for 35,000 ETH. If it sells, it will be the largest NFT sale in CryptoPunks' history.

10. CryptoPunk#7804- 7.57 million USDCryptoPunk#7804is the sixth CryptoPunk on our list. This is a pipe-smoking alien with a cool baseball cap and sunglasses.#7804is owned by the CEO of design software company Figma, who proudly calls it the “digital Mona Lisa.” This NFT sold for $7.57 million in March 2021.

Where can NFTs be purchased?You can buy your first NFT at various NFT marketplaces. Depending on the blockchain network, you will need a compatible wallet and supported cryptocurrencies to purchase. For example, NFT prices on Binance Smart Chain (BSC) are almost always denominated in BNB or BUSD, while NFTs on the Ethereum blockchain are typically denominated in ether (ETH).
You can purchase the necessary cryptocurrencies on the Binance exchange and transfer them to a wallet that can be connected to the NFT Marketplace.
If you are purchasing NFTs on the Binance NFT Marketplace, simply transfer your funds to the Funding Wallet. Select the NFT you want and click [Buy Now] or [Make Offer]. See our NFT Marketplace guide for more details.

If you're looking to buy NFTs on other marketplaces, browser-based wallets like Binance Chain Wallet and MetaMask are also good options. After transferring funds from Binance to your wallet, connect it to the NFT marketplace to start trading. Don't forget to check the URL you're visiting to make sure you're on the official website. If you connect your wallet to fake or suspicious websites, your funds can be stolen.

summaryThere is no doubt that NFTs are growing in popularity and are consistently generating record high sales. Most NFTs are simply collectible works of art, but more and more are being created for a variety of use cases. As NFTs mature, we can expect more utility and adoption from NFTs than simply digital collectibles, and we can even look forward to new sales records .