36 MOST EXPENSIVE NFTs EVER SOLD (Ranked) (2023)

Table of Contents
36. Bad Luck Brian Meme – $36,000 USD 35. CryptoPunk – #5314 – $55,000 34. ‘Hyperion’ (Gods Unchained) – $62,000 33. CryptoPunk – #4513 – $64,000 32. CryptoPunk – #2924 – $72,000 31. 1-1-1 The First Apex Car from F1 Delta Time – $111,000 30. CryptoKitties Founder Cat #18 – $110,000 29. Axie Infinity – #1046 aka Angel – $130,000 28. CryptoKitty #896775 – Dragon 27. NBA TopShot LeBron James “Cosmic” Dunk #29 – $208,000 26. “Disaster Girl” Meme – $500,000 25. Euler Beats Genesis LP01 – $500,000 24. The Everlasting Beautiful by Fewocious – $550,000 23. Trevor Jones Genesis – $552,603.98 22. CryptoPunk #2681 – $556,781 21. New York Times NFT – $560,0000 20. Chris Torres, Nyan Cat – $561,000 (Correction -$590,000) 19. The Complete MF Collection by Beeple – $777,777.77 18. Pak, Finite – $809,789.40 17. Hash Mask 9939 – $844,216 16. Steve Aoki, Hairy – $888,888.88 15. Pak, Meta Rift – $904,413 14. Kevin Abosch, Forever Rose – $1 Million Dollars 13. Not Forgotten, But Gone by WHIsBe – $1 Million dollars 12. Crypto Punk #4156 – $1.3 Million (Correction $1.25 Million) 11. Crypto Punk #6487 – $1.3 Million 10. Auction Winner Picks Name – $1.33 Million 9. Crypto Punk #2890 – $1.4 Million 8. Axie Infinity “Genesis” Estate- $1.5 million 7. Crypto Punk #6965 – $1.54 Million 6. Rick and Morty, “The Best I could do” – $1.65 Million. 5. Jack Dorsey’s “The First Twitter Tweet” – $2.9 Million Dollars 4. Beeple “Crossroads” -$6.6 Million dollars 3. Crypto Punk #7804 – $7.6 Million 2. Crypto Punk #3100 – $8 Million 1. Beeple’s, Everydays ” The First 5000 Days” – $69 Million FAQs Videos

NFT’s has really become the biggest hype of 2021, with some of the most expensive NFTs sold for millions of dollars in the last 6 months. Starting with Beeple, who is now regarded as one of the most richest artist in the world because of NFTs. In January and February alone, over $300 Million Dollars worth of NFT’s were sold. While, NFT platforms such as OpenSea saw a huke spike in their NFT sales from $1.5 million dollars to over $86 Million in just one month, according to Artnet.com.

Beeple alone has sold over $102.2 million worth of artworks, while popular NFT artists like CryptoPunk have been able to sell many artworks for more than $6 to $8 million dollars, while still averaging between $30,000 to $70,000 on their Artworks.

It’s clear that NFT’s has taken over the world by storm and we are now seeing many celebrities and artists popping up in the NFT scene creating their own NFT’s to sell them on popular marketplaces like Rarible, OpenSea and Foundation. It’s not just the art industry that have been able to fully utilize the NFT hype, as now even Tweets and Blog articles have the capability of being sold as an NFT. The most notable one is Jack Dorsey who sold his “First Twitter Tweet” as an NFT for over $2.9 Million dollars.

Just like that, even memes are coming into the NFT scene with many Meme stars who are now turning their meme into an NFT and selling them for a lot of money. The popular meme of 2012, that is the “Bad Luck Brian meme”, was just sold for $36,000 while others like the “Disaster Girl” meme sold for $500,000 dollars.

There’s a lot of things happening in the NFT world, and more is still yet to come. It’s only been 6 months now and the NFT hype is not going to get dry any soon. A lot of Crypto Companies like Binance is also trying to create their own NFT marketplace and NFT’s are just going to get more and more interesting.

Today, in this article, we are going to look at the Top 100 MOST EXPENSIVE NFTs EVER SOLD.

36. Bad Luck Brian Meme – $36,000 USD

36 MOST EXPENSIVE NFTs EVER SOLD (Ranked) (1)

Do you remember the “Bad Luck Brian” meme from 2012. This meme from 2012 was just sold by the star of the meme for $36,000. Not bad, considering the fact that you can make money out memes. The Story of the meme started when Kyle Craven who is the star of the meme had his yearbook photo posted on the internet by his friend Ian Davies. It was shared on the Reddit Forum and initially, it didn’t attract much attention, however, within a few months, the meme went viral and basically, Kyle Craven photo was all over the internet.

After seeing this NFT hype in 2021, Kyle decided to turn his “Bad Luck Brian” meme into an NFT and sell it for which he got $36,000 dollars which is roughly 20 ETH.

35. CryptoPunk – #5314 – $55,000

36 MOST EXPENSIVE NFTs EVER SOLD (Ranked) (2)

CryptoPunk #5314 was sold for around 140 ETH which is approximately $55,000 at the time of purchase. This CryptoPunk is a part of the Ape Punk family from CryptoPunks and they are the rarest of their kinds. Only 24 Ape Punks actually exist out of the 10,000 Crypto Punks released.

34. ‘Hyperion’ (Gods Unchained) – $62,000

36 MOST EXPENSIVE NFTs EVER SOLD (Ranked) (3)

Gods Unchained is a trading card game where players can collect, trade and sell game cards. Each card is very unique and comes with special abilities and effects. One of the unqiue cards in the game is called “Hyperion” that has been sold for a whooping 137 ETH which is approximately $62,000 Dollars. Also, in the game, the card has a very special ability that allows players to summon cards at the cost of just 1 mana, while gaining the Frontline.

(Video) Top 10 Most Expensive NFT Art Sold So Far | NFT Art |

33. CryptoPunk – #4513 – $64,000

36 MOST EXPENSIVE NFTs EVER SOLD (Ranked) (4)

CryptoPunk number 4513 sold for around 185 ETH which is worth around $64,000 dollars at the time of purchase. This CryptoPunk is from the Zombie family which is one of the rarest CryptoPunks in the collection. Out of 10,000 CryptoPunks, there exists only 88 Zombie Punks.

32. CryptoPunk – #2924 – $72,000

36 MOST EXPENSIVE NFTs EVER SOLD (Ranked) (5)

CryptoPunk #2924 sold for 150 ETH which is approx $72,000 at the time of purchase. Another Crypto Punk from the ape family which are some of the rarest Crypto Punks. Only 24 Ape Crypto Punks exists out of the 10,000 Crypto Punks.

31. 1-1-1 The First Apex Car from F1 Delta Time – $111,000

36 MOST EXPENSIVE NFTs EVER SOLD (Ranked) (6)

The First Apex Car 1-1-1 from F1 Delta Time was sold for over $111,000 dollars by Animoca Brands. The NFT was auction on OpenSea and bought by the user named “Steve321” who had a fierce competition with another collector named “robertwhite”. They both had bidded on the NFT when Steve did his maximum bid of 300 ETH on the NFT. Robert White quickly scaled it up to 360 ETH but he ultimately gave up when Steve321 bid the maximum at 396 ETH.

30. CryptoKitties Founder Cat #18 – $110,000

36 MOST EXPENSIVE NFTs EVER SOLD (Ranked) (7)

Founder Cats in Crypto Kitties are some of the rarest cats in the game. They are called Founder cats because they are the core parents or ancestors of all the Crypto Kitties Cats out there. Crypto Kitties Founder cat #18 was sold for $110,000 dollars USD. The Founder Cat was the 18th born cat of the game, pretty freakin rare.

29. Axie Infinity#1046 aka Angel – $130,000

36 MOST EXPENSIVE NFTs EVER SOLD (Ranked) (8)

In the Axie Infinity Universe, a crypto game similar to Crypto Kitties have had it’s Triple Mystic Axie named “#1046 aka Angel”, sold for 300 ETH which was approximately $130,000 at the time of purchase. In the game, Triple Axies are exteremely rare and valuable as there are only 17 Triple Axies in the game.

28. CryptoKitty #896775 – Dragon

36 MOST EXPENSIVE NFTs EVER SOLD (Ranked) (9)

Crypto Kitties is one of the most popular crypto games in the current NFT scene and it’s a game where we collect and creed different kinds of cats. Kitties come with different kinds of traits which are called “Cattributes” in the game and it is these traits that make Crypto Kitties really interesting. One of the cats in the game was “Dragon” which sold for a whooping 600 ETH which at the time of purchase was worth over $170,000 Dollars USD. It’s probably, one of the most expensive Crypto Kitties ever sold.

27. NBA TopShot LeBron James “Cosmic” Dunk #29 – $208,000

36 MOST EXPENSIVE NFTs EVER SOLD (Ranked) (10)

NBA Topshot is one of the most famous NFT marketplaces currently where you will find trading cards and collectibles related to NBA. These Trading cards are special as they are not just collectible trading cards, but they also feature a video of the key moments of the player. In this case, the featured video was about LeBron James scoring an amazing Dunk. This NFT was sold to NBA TopShot collector Jesse for $208,000 dollars USD.

26. “Disaster Girl” Meme – $500,000

36 MOST EXPENSIVE NFTs EVER SOLD (Ranked) (11)

“Disaster Girl” is a meme that started back in 2007 when, the girl who is in the meme had her photo taken by her father during a house fire. Her father was trying to capture the house on fire, from which Zoë Roth who is the girl in the meme came into the picture. Her father told her to smile but instead, she gave him a devilishly smirking face. From here, the Disaster Girl was born. Roth, recently announced that she sold her “Disaster Girl” meme for a whopping $500,000 dollars. She said that she needed the money to pay off her student loans and also donate to charity.

25. Euler Beats Genesis LP01 – $500,000

36 MOST EXPENSIVE NFTs EVER SOLD (Ranked) (12)

Euler Beats is an NFT project that is aggressively pushing the potential of what can be done with NFT’s. Euler Beats is a collection of 27 unique audio-visual NFTs called “Genesis LPs”. Each of the artworks come with a unique design printed on the Wheel, and with a audio that plays in the background. The Euler Beats Genesis LP01 sold for over $500,000 dollars USD.

24. The Everlasting Beautiful by Fewocious – $550,000

The Everlasting Beautiful By Fewocious is one of the best artworks I’ve ever seen in NFT marketplaces lately. The artwork, depicts a face of a women, that is painted in the unique style of the artist, with big eyes and filled with colors and other elements. The thing that really makes the artwork stand out is the unique message it brings to the audience, which is “You are Beautiful in your own way”. The artwork, no doubt sold for a whooping $550,000 to the art collector by the name @jdubs.

(Video) HOW TO TURN $2,500 TO $95,000 THROUGH NFTS | Interview with @daniel100eth

23. Trevor Jones Genesis – $552,603.98

36 MOST EXPENSIVE NFTs EVER SOLD (Ranked) (13)

The “Genesis” by Trevor Jones is a striking pencil sketch by artists Trevor Jones and Jose Delbo. The Artwork was sketched by Trevor Jones and inked by Jose Delbo. The artwork basically features Batman and it was sold on Makers Place for 302 ETH. Today, it is worth over $552,000 dollars USD.

22. CryptoPunk #2681 – $556,781

36 MOST EXPENSIVE NFTs EVER SOLD (Ranked) (14)

The Crypto Punk numbered #2681 was sold for $556,781 dollars USD. This Crypto Punk is from the family of Zombie punks which is one of the rarest punks in Crypto Punks. As there are only 88 Zombie Punks out of the 10,000 Crypto Punks.

21. New York Times NFT – $560,0000

36 MOST EXPENSIVE NFTs EVER SOLD (Ranked) (15)

Bringing the Art of Journalism to NFT’s, the New York Times Magazine is the first newspaper/media company to get into the NFT game. They sold their “the first-ever article in around 170 years of history of The Times to get distributed as a Non-Fungible Token” Article as an NFT for $563,000 Dollars USD. With this, we now have confidence in NFT’s and the fact that anything digital can be turned into an NFT.

20. Chris Torres, Nyan Cat – $561,000 (Correction -$590,000)

36 MOST EXPENSIVE NFTs EVER SOLD (Ranked) (16)

The Nyan-Cat by Chris Torres is one of the most famous NFT’s currently trending in 2021. Nyan Cat is actually a meme created by Chris Torres back in 2011 where the meme artwork features a quirky flying space cat with a Pop-Tart releasing trails of Rainbows. To celebrate the meme’s 10th year anniversary, Chris Torres made a remastered version of it and sold it on the Foundation NFT marketplace for $561,000.

19. The Complete MF Collection by Beeple – $777,777.77

36 MOST EXPENSIVE NFTs EVER SOLD (Ranked) (17)

Beeple, is probably one of the richest artist in the world and his richness started when he got into NFT’s. He first sold his collection “Every day’s the First 5000 days” for a whooping $69 Million in an auction on Christie’s. Since, then he has created a lot of artworks and one of the collection is called “The Complete MF Collection by Beeple” that sold for $777,777.77 Dollars USD.

18. Pak, Finite – $809,789.40

Finite. pic.twitter.com/arP9pT5RzF— Pak (@muratpak) March 12, 2021

Pak was basically one of the most reputed Crypto-Artist big name artist in 2020, breaking into NFT market as early as February 2020. Although, his throne has been taken over by Beeple, he still holds 2 slots in the top 10 NFT’s of all time. The “Finite” one of them that sold for a whooping $809,000 dollars USD.

17. Hash Mask 9939 – $844,216

36 MOST EXPENSIVE NFTs EVER SOLD (Ranked) (18)

Hash Masks is an art that is a blend of intelligently designed collectibles with a touch of artsitic creativitely. They are bascially Masks and is currently worked on by one of the 70 artists working with Switzerland’s Suum Cuique Labs. Hash Mask #9939, is named “Sex” By its owner and it has sold for $884,216 Dollars.

16. Steve Aoki, Hairy – $888,888.88

36 MOST EXPENSIVE NFTs EVER SOLD (Ranked) (19)

“Hairy” is an artwork made by Steve Aoki in partnership with Antonio Tudisco, a well known visual artist for his collection series called the “Dream Catcher”. “Hairy” is a 36-second long video that comes with a mesmerizing electro music playing in the background that harmonizes with the artwork animation perfectly. “Hairy” was sold to John Legere, former CEO of T-Mobile for a price of $888,888.88 Dollars USD.

15. Pak, Meta Rift – $904,413

36 MOST EXPENSIVE NFTs EVER SOLD (Ranked) (20)

This was the biggest sale for the Artist Pak, who was also the one who create the “Finite” art animation. These days collectors just love flashy numbers and MetaRift had a bid of $888,888.88 Dollars USD. This was probably Pak’s biggest bids ever. During the end of Auction, the bid went even higher, closing in at $904,413 Dollars USD.

(Video) Why are NFTs Valuable? - Explained By An Idiot!

14. Kevin Abosch, Forever Rose – $1 Million Dollars

36 MOST EXPENSIVE NFTs EVER SOLD (Ranked) (21)

Kevin Abosch’s Forever Rose was dropped to the public, on Valentines day in 2018. This a beautiful photograph of a Rose taken by Photographer, Kevin Abosch and it’s one of the earliest NFT’s ever dropped. It sold for a staggering $1 Million dollars during that time!.

13. Not Forgotten, But Gone by WHIsBe – $1 Million dollars

36 MOST EXPENSIVE NFTs EVER SOLD (Ranked) (22)

Not Forgotten, But Gone is an animated NFT artwork created by artist named WHIsBe which features a clip of spinning gold skeleton gummy bear. WHIsBe is known for featuring different kind of Gummy Bears in a spinning wheel. This Gold Gummy Bear artwork was basically sold for $1 Million Dollars.

12. Crypto Punk #4156 – $1.3 Million (Correction $1.25 Million)

36 MOST EXPENSIVE NFTs EVER SOLD (Ranked) (23)

Crypto Punk #4156 is an Ape Punk that was sold for over $1.2 Million Dollars. The Ape punk family from the Crypto Punk is one of the rarest family in the collection. There exists only 24 Ape Punks!. Even Beeple, made a unique artwork, just about Crypto Punk #4156. See the artwork here: https://twitter.com/beeple/status/1367337699355611136?lang=en

11. Crypto Punk #6487 – $1.3 Million

36 MOST EXPENSIVE NFTs EVER SOLD (Ranked) (24)

Crypto Punk #6287 is a very rare Punk from CryptoPunk. It is one of the female punks out of 3840 female punks and it was sold for $1.3 Million Dollars. The female punk #6487 features a female with a bald head with red lipstick.

10. Auction Winner Picks Name – $1.33 Million

36 MOST EXPENSIVE NFTs EVER SOLD (Ranked) (25)

“Auction Winner Picks Name” is an NFT created by Electronic Music Artist 3LAU and he made a big sale of $1.33 Million. Essentially, the winner of the auction chooses the song name and receives the music video. The NFT was made in collaboration with SlimeSunday.

9. Crypto Punk #2890 – $1.4 Million

36 MOST EXPENSIVE NFTs EVER SOLD (Ranked) (26)

Crypto Punk #2890 is probably one of the most iconic Crypto Punks ever sold. It is also one of the rarest Crypto Punks of all time. The reason being it belongs to the Alien family and there are currently only 9 Alien Punks in the Crypto Punk collection. It was sold for a whooping $1.4 million Dollars.

8. Axie Infinity “Genesis” Estate- $1.5 million

1) Why I spent $1.5 million on digital land in the @AxieInfinity metaverse pic.twitter.com/GanX0u0yOe— Flying Falcon (@Its_Falcon_Time) February 8, 2021

Axie Infinity Genesis Estate was a Virtual Property from the Crypto Game Axie Infinity that sold for $1.5 Million dollars. The game is bascially about building

Axie Infinity Genesis Estate was a Virtual Property from the Crypto Game Axie Infinity that sold for $1.5 Million dollars. The game is basically about building kingdoms and managing vivid creatures in their world which is called Lunacia. One of the most valuable assets in the game is bascially Virtual Real Estate and Land.

7. Crypto Punk #6965 – $1.54 Million

36 MOST EXPENSIVE NFTs EVER SOLD (Ranked) (27)

Crypto Punk #6965 is another Ape Punk from the Ape family in Crypto punk. It was sold for over $1.54 million dollars. Ape punks are really rare and out of the 10,000 Crypto Punks out there, there exists only 24 Ape Punks.

(Video) I spent $10,000 on FIVERR

6. Rick and Morty, “The Best I could do” – $1.65 Million.

36 MOST EXPENSIVE NFTs EVER SOLD (Ranked) (28)

Created by Justin Roiland, the creator of the popular adult animated series Rick and Morty. “The Best I could do” NFT was sold for a whooping $1.65 million dollars. The artwork itself, doesn’t represent Rick & Morty in the most artistic way, but hey, it’s the creator who made it and it’s still going to be worth millions.

5. Jack Dorsey’s “The First Twitter Tweet” – $2.9 Million Dollars

36 MOST EXPENSIVE NFTs EVER SOLD (Ranked) (29)

Jack Dorsey who is the CEO and founder of Twitter decided to sell his first tweet as an NFT. It sold for a strastopheric amount of $2.9 million dollars literally breaking the records of NFT’s and proving that NFT’s are a serious business. Anything can be turned into an NFT and basically listed and sold on the marketplaces.

4. Beeple “Crossroads” -$6.6 Million dollars

36 MOST EXPENSIVE NFTs EVER SOLD (Ranked) (30)

Beeple’s “Crossroads” is probably one of the most iconic NFT Artworks of all time. The artwork has a very deep message as it depicts the failure of Donald Trump. Initially, the artwork was sold for $60,000 which definitely is a lot of money, for which Beeple was very much satisfied. However, when it went again for resale, the bids on the artwork quickly skyrocketted ultimately settings the auction for $6.6 Million dollars.

3. Crypto Punk #7804 – $7.6 Million

36 MOST EXPENSIVE NFTs EVER SOLD (Ranked) (31)

Crypto punk #7804 is a part of the Alien Punk family in the Crypto punk collection, one of the rarest Crypto punks of all time and it sold for a whooping $7.6 Million Dollars. Currently, there exists only 9 Alien Punks.

2. Crypto Punk #3100 – $8 Million

36 MOST EXPENSIVE NFTs EVER SOLD (Ranked) (32)

Crypto Punk #3100 is another alien punk member of the Crypto Punk collection. Again, its one of the rarest of it’s kind and Crypto Punk #3100 was sold for $8 Million dollars.

1. Beeple’s, Everydays ” The First 5000 Days” – $69 Million

36 MOST EXPENSIVE NFTs EVER SOLD (Ranked) (33)

Beeple’s Everydays, the First 5000 days is basically one of the most iconic NFT sales that ever happened in the history of the NFT world. It not only broke the world record but also made Beeple, one of the richest artists in the world. The artwork was auctioned at NFT platform, Christies on March 11, 2021. Bascially, the Everydays 5000 consists of Beeple’s entire collection of 5000 artworks that he created since May 1, 2007. The bid on this artwork started with $100 but it soon rose to millions ultimately settling for $69 Million dollars.

Advertisement. Scroll to continue reading.

FAQs

What have the top 15 NFTs sold for? ›

15 Most Expensive NFTs Sold So Far
  • 'CryptoPunk 7523' by Larva Labs — $11.75 Million. ...
  • 'CryptoPunk 5822' by Larva Labs — $23.7 Million. ...
  • 'Human One' by Beeple — $28.9 Million. ...
  • 'Clock' by Pak — $52.7 Million. ...
  • 'Everydays: The First 5000 Days' by Beeple — $69.3 Million. ...
  • 'The Merge' by Pak — $91.8 Million. ...
  • Final Take.
Aug 26, 2022

Is it illegal to screenshot an NFT? ›

Let's set the record straight—screenshotting NFTs (non-fungible tokens) is not illegal. However, while NFTs are accessible to anyone online, it doesn't mean you have the right to create a copy and claim ownership. In fact, screenshotting NFTs is illegal if you try to sell them or pass them off as your own.

Can you take a screenshot of an NFT? ›

It is illegal to screenshot an NFT and pass it off as your own. It is also illegal to post it online or make a physical copy. An individual could be sued for copyright infringement or other criminal charges if they did this.

Why are the rich buying NFTs? ›

Similarly to modern art, a wealthy person may decide to purchase an NFT to avoid paying taxes, as it can hide income from the IRS under the right conditions.

Do you actually own an NFT? ›

NFT stands for “non-fungible token.” An NFT, in some cases, is a unique digital asset such as a photo, video, book, playing card – that can be owned. Their value is supported by blockchain cryptocurrencies like Ethereum.

What NFTs are worth buying? ›

The 15 Best NFTs to Buy
  • Fight Out – Top M2E Project Allowing Users to Create Customized NFTs.
  • RobotEra – Emerging Presale NFT Project Where Players Build on Metaverse Land.
  • Calvaria – New Gaming Project with Ownable NFTs and P2E and F2P Versions.
  • Lucky Block NFTs – Platinum Rollers Club NFT Collection.
Feb 22, 2023

How do you know if a NFT is rare? ›

You can view the NFT's rarity rank, rarity score, and information on its attributes under each NFT. Moreover, there is a section for recent sales history. An NFT's asset ID allows you to identify its rarity.

Can you sue someone for stealing an NFT? ›

In much the same way, a person who right-clicks and saves an NFT might be committing copyright infringement, but it is the artist, not the owner of the NFT, who will have to take legal action to stop them.

Can you sue someone for using your NFT? ›

Using intellectual property without the owner's permission is called IP infringement, and an NFT creator can be sued for that.

What happens if you screenshot on OnlyFans? ›

Does OnlyFans Notify Screenshots? No, OnlyFans does not detect or notify screenshots. However, since it is against the rules for OnlyFans subscribers to screenshot a creator's personal picture, we don't suggest you screenshot other people's content for business.

What stops someone from copying an NFT? ›

Non-fungible tokens are unique, meaning that it is impossible to copy them. If you try to duplicate an NFT, you will end up with two different tokens, each with its own unique set of attributes. This is what makes them so valuable; they cannot be replicated and therefore are rare and unique.

Why are CryptoPunks so valuable? ›

Being one of the first projects of its kind gives it value. Second, only 10,000 CryptoPunks will ever exist. This creates scarcity among collectors. Some CryptoPunks portraits may be more valuable than others based on their attributes (or lack thereof).

Are NFT money laundering? ›

Wash trading with NFTs is easy because, on many NFT platforms, users are allowed to trade by linking their wallets to the platform without having to identify themselves. Criminals can hide their identity during the money laundering process by using a cryptocurrency wallet that does not require verification.

Do most NFTs make money? ›

In 2021 alone, the NFT market surpassed the $12 billion mark, up from $162.4 million at the start of the year. Though some are making a big fortune with NFTs, there are still many on the side-lines planning to get the most out of it.

What do you do with an NFT once you buy it? ›

Buying an NFT does not give the buyer legal ownership of the underlying media associated with the token. What you buy is actually the key to a unique or non-fungible token. You can trade, display or hold the tokens, however, it is easy to download the digital file associated with it like any other.

What is the downside of NFT? ›

Disadvantages of NFTs include high minting costs, volatile pricing, and a high prevalence of imitation projects and fraud.

How do I prove I own an NFT? ›

Another way to think about proving you own the NFT is by signing messages to prove you own the private key behind the address. As mentioned above, your private key is proof-of-ownership of the original. This tells us that the private keys behind that address control the NFT.

Are NFTs damaging to the environment? ›

However, its success has also raised issues surrounding its negative impact on the environmental. The storage methods used to house NFTs based on blockchain technology are responsible for emitting millions of tons of carbon dioxide, which is harmful to an already overheated planet.

Is investing in NFT a good idea? ›

NFTs constantly prove to be profitable as an investment option. Here are the reasons why: Creates Tokenized Asset Value - With NFTs, physical objects such as artworks are tokenized. This eliminates the duplication of the art and limits the ownership to the artist.

What cheap NFTs should I buy right now? ›

The 14 Best Cheap NFT Projects for 2023
  • RobotEra – Overall Best Cheap NFT Metaverse Project with Newly Launched Presale.
  • Wen Sandwich – Create the Tastiest Sandwiches in an Artwork Released by BAYC Artist.
  • Tamadoge – Exciting NFT, P2E, and Meme Coin Project Now on OpenSea.
Jan 16, 2023

What are the best NFTs to buy for beginners? ›

NFTs can be used to buy and sell products, services, and assets using smart contracts. This means they can be used as a way to exchange money, property, or other goods and services. Some of the best NFTs to buy for beginners include Ethereum tokens (ETH), Bitcoin Cash (BCH), and Litecoin (LTC).

How much is 100 NFTs worth? ›

The conversion value for 100 NFTS to 7.625 USD. BeInCrypto is currently using the following exchange rate 0.077. You can convert NFTS to other currencies like USDC, OKB or DOGE. We updated our exchange rates on 2023/02/24 06:29.

Why are some NFTs worth millions? ›

Traditional works of art such as paintings are valuable precisely because they are one of a kind. But digital files can be easily and endlessly duplicated. With NFTs, artwork can be "tokenised" to create a digital certificate of ownership that can be bought and sold.

How much money worth of NFTs have been sold? ›

In recent months another digital asset that has taken center stage is non-fungible tokens (NFTs). Like cryptocurrency, the NFT market has skyrocketed in popularity to $22 billion globally in 2021 as digital images have been turned into significant investment opportunities1.

Who is buying the most NFTs? ›

Gender: Men tend to collect, buy, or invest in NFTs more than women. Income – $25,000 to $150,000 annual salary. Countries: Asian countries are the highest NFT buyers.

How much is 1 NFT in dollar? ›

1 NFT = 0.01641 USD.

How much is 1 NFT in usd? ›

The current value of 1 NFTS is $0.07 USD.

How much is 5 NFT in USD? ›

The conversion value for 5 NFT to 0.094 USD. BeInCrypto is currently using the following exchange rate 0.019. You can convert NFT to other currencies like ETH, ETH or ADA. We updated our exchange rates on 2023/03/13 23:00.

Do most NFTs lose value? ›

NFTs can lose their value due to the lack of uniqueness from other NFTs on the market. If you're an NFT creator, making similar versions of what you've already put on the market may cannibalize the rarity of the others in your collection, causing them to lose value and become less attractive to investors.

Is investing in NFTs a good idea? ›

Very high risk. With supply outstripping demand and a flatlining secondary market, the vast majority of NFTs will lose some or all of their value. Tedious, expensive buying process. The buying and storing process is clunky, complicated, and riddled with fees.

Is investing in NFT worth it? ›

Are NFTs a Good Investment? Investing in an asset just because it's tokenized into an NFT is not a good idea. NFTs by themselves are not investments, so make sure to understand the value of the underlying asset that you are buying before you purchase the NFT.

How many people in the US own an NFT? ›

Notably, the number of wallets trading in NFTs expanded considerably in 2021, from roughly 545,000 in 2020 to around 28.6 million in 2021. The most valuable items were usually the most volatile.
...
NFT Statistics in depth.
CountryShare of adults who own an NFT
United States2.8%
United Kingdom2.5%
Japan2.2%
17 more rows
Feb 24, 2023

Are all NFTs worth money? ›

NFTs can be very expensive (or valuable, depending on who you ask) because they somehow managed to do the impossible: introduce scarcity into the global digital market. An NFT isn't just an overly-expensive way to buy an image — it's a way to own it.

Who owns the most Cryptopunks? ›

All CryptoPunk Owners
#AccountNumber Owned
10xb7f7f6c52f2e2686
20xa858ddc0445d8422
30xb88f61e6fbda8218
40xa25803ab86a32215
113 more rows

What is the average age of NFT holders? ›

Adults between the ages of 18 and 24 are most likely to have traded NFTs, with 8.6% answering that they have bought or sold NFTs in the past. 5. A mere 0.8% of Americans over the age of 65 have bought or sold NFTs previously, making them the least likely age group either to have traded or to want to trade NFTs (6.3%).

Who is the king of NFTs? ›

In 2017, when William Quigley started an NFT platform, he wasn't known as the “King of NFTs.” Instead, his Wall Street and tech friends wondered, with a little concern, what he was doing.

Videos

1. More beginner thoughts on NFTs: CryptoKitties, OpenSea, TopShot, UFC, GaryVee NFT drop prediction!
(Johnny Fiacconi)
2. Line Goes Up – The Problem With NFTs
(Folding Ideas)
3. Crypto: The World’s Greatest Scam.
(James Jani)
4. How I Almost Made $300,000 in 4 Days With NFTs
(Jeremie Paquette)
5. Top 3 NFT Projects That Can 10-20X in the Next Months
(Justas Vee)
6. Ep 34: The 10 Most Valuable Comics on VEVE Based on Their Physical Valuations!
(Veve Investments)
Top Articles
Latest Posts
Article information

Author: Rev. Leonie Wyman

Last Updated: 03/30/2023

Views: 6618

Rating: 4.9 / 5 (79 voted)

Reviews: 94% of readers found this page helpful

Author information

Name: Rev. Leonie Wyman

Birthday: 1993-07-01

Address: Suite 763 6272 Lang Bypass, New Xochitlport, VT 72704-3308

Phone: +22014484519944

Job: Banking Officer

Hobby: Sailing, Gaming, Basketball, Calligraphy, Mycology, Astronomy, Juggling

Introduction: My name is Rev. Leonie Wyman, I am a colorful, tasty, splendid, fair, witty, gorgeous, splendid person who loves writing and wants to share my knowledge and understanding with you.