NFTs: Discover the 10 Most Expensive Pieces of All Time on the Internet

NFTs, or “unique assets” freely translated into Portuguese, are entirely digital items that are deposited and verified in a cryptocurrency network called a blockchain. This means that its content can even be copied by any user, just like a traditional document, but its authenticity still belongs only to the original “object”.

The innate characteristics of NFTs provide a very favorable scenario for trading collectibles, whether personal or collectible, creating an unprecedented market for “digital commodities” such as artworks. This background, coupled with the sudden popularity of cryptocurrencies, has given its “curator” a surprising amount of speculation due to the speculation of big names in the international art world — such as singer Grimes and musician Mike Shinoda, a member of the band Linkin Park. profit. .

Take a look back at the hottest works from NFT curators, learn about the most expensive work ever made in this digital niche and its impact on the internet:

The Most Expensive NFT on the Internet

10. CryptoPunk #2338 ($4.37M)

(Source: LarvaLabs via Dexerto/Reproduction)Source: LarvaLabs via Dexerto

As part of the eponymous series he created in 2017, CryptoPunk #2338 sold for $4.37 million, which directly converted to approximately R$23.69 million.After years on the “shelf”, this friendly group of portraits pixel art Be one of the most expensive products in the niche.

9. Saved thousands of lives ($5.23 million)

(Source: NooraHealth via Dexerto/Reproduction)(Source: NooraHealth via Dexerto/Reproduction)Source: NooraHealth via Dexerto

Representing another potential aspect of NFTs, drama “save thousands of lives” (“saving thousands of lives”, Portuguese) was conceived by NooraHealth to help first-time families in South Asia, more precisely to train relatives to help postpartum mothers transition from hospital to home. It sold for $5.23 million, or R$28.33 million at current dollar exchange rates.

8. Stay Free ($5.4 million)

(Source: Edward Snowden via The Foundation/Copy)(Source: Edward Snowden via The Foundation/Copy)Source: Edward Snowden via the Foundation

The only NFT for famous American whistleblower Edward Snowden shows the NSA’s verdict for crimes committed with his likeness superimposed. The work sold for $5.4 million, or about 29.47 million reais.

7. CryptoPunk #5217 ($5.59 million)

(Source: LarvaLabs via Dexerto/Reproduction)(Source: LarvaLabs via Dexerto/Reproduction)Source: LarvaLabs via Dexerto

Also in the CryptoPunks collection, number #5217 is the only primate on the list, but it shows a speculative value for the set, which translates directly to $5.59 million or 30.56 million reais.

6. Waterfront ($6 million)

(Source: Beeple via Dexerto/Reproduction)(Source: Beeple via Dexerto/Reproduction)Source: Beeple via Dexerto

Acclaimed artist in the niche market, Beeple is known for his drawings and animations with a satirical, playful tone. The quality of his work is also reflected in his price, which in this case was $6 million, or 32.81 million reais directly converted.

5. Crossroads ($6.6 million)

Another Beeple work, “Crossroad,” depicts society’s disdain for a figure who shares a similar visual resemblance to the last president of the United States, Donald Trump. Its final price was $6.6 million, or about R$36 million at current dollar exchange rates.

4. CryptoPunk #7804 ($7.6 million)

(Source: LarvaLabs via Dexerto/Reproduction)(Source: LarvaLabs via Dexerto/Reproduction)Source: LarvaLabs via Dexerto

Opening a string of three entries, number #7804 is one of only nine “Aliens” in the CryptoPunks collection, making it the most valuable — worth $7.6 million.

3. CryptoPunk #3100 ($7.67 million)

(Source: LarvaLabs via Dexerto/Reproduction)(Source: LarvaLabs via Dexerto/Reproduction)Source: LarvaLabs via Dexerto

The seventh rarest in the collection, #3100 CryptoPunk, is also part of the exclusive Alien set and sold for $7.67 million.

2. CryptoPunk #7523 ($11.75M)

(Source: LarvaLabs via Dexerto/Reproduction)(Source: LarvaLabs via Dexerto/Reproduction)Source: LarvaLabs via Dexerto

The last CryptoPunk on the list, number #7523, was the third rarest of the entire collection, fetching $11.75 million at auction – which directly converts to 64.18 million reais.

1. Everydays: First 5,000 days ($69.3 million)

(Source: Beeple via Dexerto/Reproduction)(Source: Beeple via Dexerto/Reproduction)Source: Beeple via Dexerto

The work “Everydays: the First 5000 Days”, which is responsible for focusing on the field of NFTs, brings together the first 5000 paintings that Beeple has conceived every day since 2007. Auctioned in direct conversion for a staggering $69.3 million (or 378.51 million reais), the work crowned the digital artist as one of the most influential artists on the internet.

Not everything that shines is gold

Preference aside, NFT prices are not far off the traditional and sometimes equally damaging works of art traded around the world. Fueled by speculation related to their respective niches, collectors are shelling out millions for items such as Banksy’s Self-Destructing Painting, which recently sold for $25.4 million.

The main difference between the “two worlds” may be their gateways, which are more lenient in the case of NFTs, which only require “auction” articles and transaction fees in addition to the basics of cryptocurrencies. Although this feature may be exclusive from a technical point of view, it has facilitated the careers of several anonymous artists around the world, often offering higher monetary returns than in their country of origin.

On the other hand, NFTs remain divided over social networks, with their biggest criticism related to the energy consumption inherent in the Ethereum network, the main blockchain used for transactions. With the arrival of Ethereum 2.0, the impact of the issue is still in the research phase and should be reduced by up to 99%, an update that will completely change the technology and its operation.

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