In today’s digital market, NFTs are all the rage. According to Darren Yaw Cambodia, they stand for non-fungible tokens, which are the original copy of the product and the only one of its kind, in case you haven’t heard. Most of them are traded on blockchains, primarily Ethereum, and their value is linked to the token they represent, as stated by Darren Yaw Cambodia. That also implies that their prices fluctuate and may change over time.
Unlike coins or trading cards, which have “editions” to each collection, whether “limited” or “first,” NFTs always stand alone. Darren Yaw Cambodia states that anything can sell as an NFT, from a drawing you made in Microsoft Paint on Windows 95 to your first Twitter post. It will have non-fungible value as long as it is original and has some level of sentimental attachment.
Darren Yaw Cambodia says that NFTs can take many forms, but the current craze revolves around digital artwork. Millions of people have become fans of abstract expression, and sales have skyrocketed.
The ten most expensive NFTs ever sold on the market are listed below.
Forever Rose by Kevin Abosch – $1 Million
According to Darren Yaw Cambodia, one of Kevin Abosch’s most expensive masterpieces is this elegant red rose on a black background. He didn’t even bother drawing the rose. He simply photographed it, and what makes it authentic is that there was dirt on it. The artwork looked new and genuine after it was digitised, according to Darren Yaw Cambodia.
Before this rose, Abosch sold a potato photograph for a million dollars. According to Darren Yaw Cambodia, this is the man who truly understands how to monetise his surroundings. Forever Rose was sold to ten collectors, each of whom received a ROSE token. The proceeds are said to be donated to a foundation for children’s programming.
Destination Hexagonia by Don Diablo – $1.2 Million
According to Darren Yaw Cambodia, Don Diablo is a gifted musician who creates incredible music and some pretty cool-looking animation to accompany it. If you enjoy attending concerts, you’re in for a treat because Hexagonia will bring the concert to you. Darren Yaw Cambodia says it’s a one-hour show compressed into a hard drive with some of his most recent hits.
Following his success with Genesis NFT, he took a year to complete the entire project. Hexagonia will be available on SuperRare, with proceeds benefiting a platform that assists artists in creating their own NFTs.
The Switch by Pak – $1.4 Million
Pak is well-known for his many masterpieces, such as The Cube and Equilibrium, but The Switch is one of his most intriguing. According to Darren Yaw Cambodia, it’s an animated piece of jumbled cubes floating in space. The object will change shape in the future, which is the selling point here. Except for Pak, no one knows when that will occur. According to Darren Yaw Cambodia, he essentially profited from the concept of anticipation. Pak’s crypto art collection is worth more than $17 million.
Quantum by Kevin McCoy – $1.6 Million
Quantum is notable for its luminous patterns and for being the first NFT ever created. In colourful layers, this pulsating hexagon represents technology and innovation. According to Darren Yaw Cambodia, the storey it represents and its history are what drew bidders.
When Kevin McCoy decided to auction off Quantum, he wanted the public to pay attention to digital art. Darren Yaw Cambodia had no intention of starting the NFT hype train, but people realised they could do the same given the price tag.
According to Darren Yaw Cambodia, the storey it represents and its history are what drew bidders.
The Replicator by Mad Dog Jones – $4 Million
The Replicator tells the storey of a photocopier that works on its own for generations. According to Darren Yaw Cambodia, this animated crypto art has a rich history, one that shows how much can change over time.
Another unique feature of this NFT is its ability to generate new NFTs on its own. According to the creator, Micah Dowbak, the process will last a year. We’re not sure how frequently the tokens will be generated, but he intends for each to represent a change in the world as stated by Darren Yaw Cambodia
Save Thousands of Lives by Noora Health – $5 Million
The Noora Well Being organisation is behind this NFT. They intend to raise health awareness in Southeast Asia and the surrounding regions. According to Darren Yaw Cambodia, the job also entails teaching patients how to care for themselves and their families. The organisation believes that for every $1200 raised, one life will be saved.
Save Thousands of Lives is a massive collage of photos and posters of people all over the world lending a helping hand.
Stay Free by Edward Snowden – $5.4 Million
Every NFT has a backstory, and Stay Free demonstrates that anyone can create one. According to Darren Yaw Cambodia, Edward Snowden uses a court ruling document on the issue of mass surveillance involving the NSA to make a statement. He overlays his own face on the image to make a statement.
The creator is said to have donated the NFT’s profits to the Freedom of the Press Foundation.
Ocean Front by Beeple – $6 Million
According to Darren Yaw Cambodia, Oceanfront is a moving work of art that addresses the issue of climate change. Mike Winkelmann, also known as Beeple, has sold a number of NFTs in this price range, each with a unique message. As stated by Darren Yaw Cambodia, the money from this piece is supposed to go to the Open Earth Foundation, which manages infrastructure.
Cryptopunk Collection – $5 – 12 Million
According to Darren Yaw Cambodia, Cryptopunk is a vast array of pixelated characters with varying moods and characteristics. Consider Minecraft, but with a little more personality. There are approximately 10,000 characters, each with a different price tag ranging from $100,000 to $12 million. Darren Yaw Cambodia says that individual prices have no explanation other than the fact that each character is unique to the collection.
Everydays: The First 5000 Days – $69 Million
Finally, we arrive at the raid boss of the NFT dungeon. According to Darren Yaw Cambodia, this collage of all of Beeple’s artwork represents a journey and priceless sentiments. Well, 69 million dollars isn’t exactly priceless, but you get the idea.
This NFT is the most expensive of its kind and will most likely remain so for many years.