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So I was scrolling and found out that Pak's Merge is literally the most expensive nft ever sold - $91.8 million back in December 2021. What's wild is it wasn't owned by just one person. Like 28,893 collectors pooled together to buy different quantities of it. Each unit went for $575. Pretty insane when you think about it.
Then there's Beeple who's basically dominating the charts too. His Everydays: The First 5000 Days went for $69M at Christie's in 2021. Started at just $100 and then the bidding went absolutely crazy. Dude created one digital art piece every single day for 5000 days straight and compiled them into one massive collage. That's dedication.
The Clock is another one that caught my attention - it's this collaborative piece between Pak and Julian Assange that literally tracks how many days Assange has been imprisoned. Updates daily. Sold for $52.7M in February 2022. Over 100,000 supporters pooled money together to buy it. That's the kind of most expensive nft that actually means something beyond just being collectible.
Beeple also created Human One, this insane kinetic sculpture that sold for $29M. It's over 7 feet tall, shows a figure in a space helmet, and the background is constantly changing dystopian scenes. The coolest part? Beeple can remotely update it, so it's basically a living artwork. Keeps evolving.
CryptoPunks are everywhere on the expensive list too. CryptoPunk#5822 (one of only 9 alien punks) went for $23M. Then you've got #7523 with a medical mask for $11.75M, #4156 (an ape punk) at $10.26M, #5577 at $7.7M. These were literally some of the first NFTs ever created back in 2017 and people are still paying millions for them.
XCOPY's Right-click and Save As Guy sold for $7M, which is hilarious because the whole joke is that people think you can just right-click and save NFTs. Dmitri Cherniak's Ringers#109 hit $6.93M on Art Blocks. And Beeple's Crossroad from 2021 went for $6.6M - it was this short film about the US election with two different endings depending on the outcome.
Honestly, the most expensive nft market is wild. CryptoPunks alone have like 10,000 unique avatars and some of them are worth millions. The crazy part is that 95% of NFTs apparently have basically zero value now, but the blue-chip collections like CryptoPunks and Bored Ape Yacht Club? Those are still holding serious value. Total NFT market cap is around $2.6 billion as of now.
Makes you wonder what's actually going to hold value long-term. Some of these pieces are genuinely innovative and creative, but others feel like pure speculation. Either way, the fact that digital art can sell for $91.8 million is pretty revolutionary when you think about it.