The non-fungible token (NFT) marketplace has taken the cryptocurrency community by storm in 2021. An NFT is a unit of data stored on the blockchain that can be used to represent any number of items such as photos, videos, audio, and any other types of digital files. While copies of these digital items are available to anyone to obtain, authenticity of items and proof of ownership is verifiable through the blockchain, which is what makes NFTs so desirable and valuable.
Here is a chart detailing the growth of major NFT cryptocurrency projects in the market currently. In Q1 of 2021 alone, the combined market capitalization of these projects grew over 1,700%!
This explosive trend involving NFTs in the cryptocurrency community has led to some sales of NFTs with astonishing figures. The following is a list of some of the craziest NFT sales of the year.
Everydays: the First 5000 Days (2020) by Beeple
Sale Price: $69.3 million
Image Source: Beeple
Digital artist known as Beeple sold his NFT artwork named Everydays: the First 5000 Days for record $69.3 million. The jpeg features Beeple’s journey as an digital artist dating back to May 2007. The piece features 5000 pieces, drawn in consecutive days, stitched together. Interestingly, the auction sale took place at famed auction house Christie’s (the first NFT sale at Christie’s) and bidding started at just $100!
Beeple has exploded onto the scene as the most valuable digital artist, this isn’t the only piece he’s sold for millions, take a look:
Crossroads (2020) by Beeple
Sale Price: $6.6 million
The Complete MF Collection (2020) by Beeple
Sale Price: $777,777.77
Image Source: CryptoPunks
The CryptoPunks are 10,000 uniquely generated characters (several shown above), each with unique attributes, and each owned by a single person (verifiable on the blockchain). CryptoPunks is the first NFT project every released into the marketplace. The 10,000 characters were generated and released for free to claim on the Ethereum network. The uniqueness and scarcity, as well as the piece of digital history of owning the first NFT ever created has spearheaded the value of the CryptoPunks marketplace to new heights.
Sale Price: $7.58 million
Sale Price: $7.57 million
Sale Price: $1.54 million
Sale Price: $1.25 million
Charlie Bit My Finger!
Sale Price: $760,999
Image Source: (YouTube)
One of the internet’s original viral videos will be taken off YouTube soon. Since it was first posted in 2007, the video featuring the baby Charlie Davies-Carr and brother Harry has amassed over 880 million views. The family behind the beloved viral video has removed the original video from streaming website after it was sold as a 1-of-1 NFT for over $760,000!
Congratulations to the Davies-Carr family!
Anyone can still view or download the video, however, the winner of the auction now claims the rights to the original video.
Bad Luck Brian Yearbook Photo
Sale Price: $36,000
The awkward yearbook photo that originally went viral as the ‘Bad Luck Brian’ meme in 2012 recently sold on Foundation platform for $36,000. The subject of the meme, whose real name is Kyle cashed in on the hype around NFTs and sold the original photo for 20 ETH in March of 2021.
NBA Top Shot - LeBron James, Cosmic Series 1, #29 Sale Price: $280,000
Image Source: NBA Top Shot
A NBA Top Shot moment of a thunderous LeBron James dunk for the Los Angeles Lakers sold for $280,000 in February 2021. The short clip and its unique serial number is one of the most expensive NBA Top Shot moments to date.
Some other eye-popping sales:
“The Best I Could Do” by Justin Rowland
Sale Price: $1.65 million
Image Source: Justin Roiland
Rick and Morty creator Justin Roiland offered dozens of his artworks as an NFT art collection in January, which was led by his Simpsons tribute piece The Smintons that sold for $290,100.
Sale Price: $561,000
Image Source: Chris Torres
On the 10th anniversary of Nyan Cat, artist and original creator Chris Torres turned the meme into an NFT an auctioned off the animated gif for 300 ETH ($561,000 at the time).
CEO’s First Tweet Sale Price: $2.9 million
Image Source: Twitter
Jack Dorsey, CEO of Twitter and Square, sold his first tweet ever on the popular social media platform as an NFT for over $2.9 million. All proceeds from the sale was converted to bitcoin and directly donated to GiveDirectly Africa COVID-19 Relief Fund.
WarNymph Collection Vol. 1 by Claire Boucher (AKA Grimes)
Sale Price: $5.8 million
Image Source: Grimes
Canadian musician Claire Boucher, better known as Grimes sold out her digital artwork collection WarNymph Collection Vol. 1 within 20 minutes earning her over $5.8 million in the process. Grimes and boyfriend Elon Musk (Technoking of Tesla) have both been very active and vocal in the cryptocurrency community with Elon making headlines recently with Bitcoin and Doge.