Non-fungible tokens are becoming more common every year, and some NFTs are sold for millions of dollars. An NFT is a unit where data is stored on a digital ledger known as the blockchain. It certifies a digital asset to be unique and is not interchangeable. Non-fungible tokens can represent items like videos, audio, photos, and several other digital files. The top five most valuable non-fungible tokens are listed below.
Top 5 Most Valuable Non-Fungible Tokens (NFTs) to Invest In
Mike BeepleWinklemann’s Everyday, the famous digital artist, sits at the top of the sold non-fungible tokes. It sold for a record-breaking price on the 11th of March at Christie’s first-ever digital art auction. Since 2007, Beetle has been posting images online 2007 and the NFT is a collage of over 5000 images he has been sharing for the last 13 years. It represents the progression of his technology and art during this period.
It has dominated the artwork market in the past months, with four ranking in the top positions. CryptoPunks was sold by Sotheby’s auction house and known as Covid Alien. It is a highly sought-after alien variety and features teal-colored skin. In 2017, Larva Labs introduced the 24* 24-pixel 8-bit style Crypto Punk character. On the Ethereum blockchain, they were the first NFTs.
3. Ocean Front
The founder and CEO of a well-known cryptocurrency platform, TRON, Justin Sun, managed to snatch the digital artwork of Beetle. It was for a modest 6 million and ten times less than what he was ready to pay for Everyday. The artwork is a tree placed on the top of the platform and has shipping trailers and containers. It comments on the climate change issues that everyone is facing in today’s time.
Another non-fungible token by Beetle, the popular artist, Crossroads makes a political statement. It shows the former president Donald Trump’s defeat, and the ten-second video is full of fun. You can see Trump is laying on the ground face down with expletives scribbles all over his naked body. If he had won the 2020 election, he would have prepared an NFT with Trump wearing a crown and walking through flames.
5. This Changed Everything
It is an artistic representation of the source code, the World Wide Web, making it a type of historical artifact. In the NFT, the times stamped documentation outlining the internet creation is included. It has a letter written by Sir Tim Berbers-Lee with a digital poster containing the full code that he has created. In June 2021, he sold to an anonymous buyer for $5434500 million. This NFT was a bit different from all other tokens. NFT Generator is an easy way forward for non-technical persons who are interested in joining the NFT business.
After knowing about the non-fungible tokens, are you looking for a suitable marketplace? Well, many are available in the market, but a popular brand, Coin base Global Inc, is yet to be launched. Over one million sign-ups were already present on the crypto exchange waiting list. Once it gets launched, individuals will be able to go ahead and register on the site.