Cryptopunk NFT 9998 sold for five hundred and thirty-two million dollars back in December. That’s an incredible amount of money for a NFT, especially when you consider that it was only available for 600 ETH. The price was still a record, but the hype has been built around NFTs, which are considered to be the hottest thing in 2021. It has become the biggest hype of the decade, and some of the most expensive NFTs have already reached multi-million dollar prices.
Beeple’s Everydays: The First 5000 Days
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Despite the hype and high prices of the ‘Beeple’s Everydays: The First Five Thousand Days’ NFT auction, this collection may have fallen short of expectations. The auction was a success because the artwork sold for record prices, and many people were excited to buy it. In addition to the sale price, the NFT also created a snowball effect, introducing the concept to mainstream media. As a result, the ‘Clock’ was the highest priced NFT sold to a single owner.
“Everydays” is a compilation of all Beeple’s images, from hand-drawn to digital, from 2007 to 2017. The ‘Beeple’ series demonstrates Beeple’s growth as an artist and the capabilities of digital technology. One buyer of the work cites the length of the process as part of its success and value. The auction was won by noted NFT collector Justin Sun, who won the bidding war.
Since the auction sold for so much money, the non-fungible token (NFT) has become a hot commodity. In addition to collectors and investors, the NFT price has reached crazy levels. The ‘Everydays: The First 5000 Days’ JPG file contains Beeple’s work and was sold at Christie’s in March 2021 for $69.3 million. The artwork’s price is an astronomical amount considering it was created over a period of thirteen years.
Xcopy’s A Coin for the Ferryman
A Coin for the Ferryman, by Xcopy, is an animation of a ferryman in the American city of Detroit. This piece was first sold for $66,666 on October 31, 2020. A few months later, the owner sold the piece on the secondary market for $6.6 million. As a result, this piece is now valued at nearly $20 million. It has received numerous positive reviews, but it still remains a rare piece of artwork.
In addition to generating revenue through advertising, A Coin for the Ferryman is a work of art. A coin’s image is created from the XCOPY cryptocurrency, which is an early stage of the blockchain. In addition to advertising, it is also used for marketing and branding. While this isn’t a traditional art form, it does represent a work of art, and it carries a powerful message that can be used to influence people. In addition to its value, A Coin for the Ferryman has a high market price, and it is the latest example of a thriving crypto art scene.
A Coin for the Ferryman was minted by Xcopy on 20 April 2018. On 4 November 2021, the resulting artwork was sold for USD 6.01 million. The artist had originally intended to sell it for less than $140, but its popularity quickly increased its price. The artwork depicts a person’s expressions as the face changes over time. It is unique, as it’s a GIF file.
Julian Assange’s CryptoPunk #3100
The Clock NFT by Julian Assange and Pak is the second most expensive NFT ever sold. It depicts a timer counting the days Assange has been imprisoned. The artwork uses the blockchain to record ownership status of digital files. This edition is dynamic and was purchased by AssangeDAO, a group dedicated to obtaining Assange’s freedom.
The artwork is political, and a reference to the recent United States presidential election. The Punk features a bloated Donald Trump, and is therefore highly polarizing. While politically controversial, the artwork is also highly original. Only 481 CryptoPunks in the 10,000-piece collection are similar to this one. The artist who designed the CryptoPunk has two other pseudonyms, and the artwork was inspired by his personal history.
The COVID Alien version of the Punk has a high price tag. Despite the high price, this is still considered one of the most expensive CryptoPunks. Nevertheless, the price was far higher than the highest-priced Punk in history. The resulting profits have led to widespread adoption of the NFT ecosystem. But there is still some controversy surrounding CryptoPunk #3100.
The first CryptoPunk was sold for $7.58 million. The second highest sale was for CryptoPunk #3100, which is a blue punk with a headband. There are only forty-six of these cryptopunks that have this one attribute. It is the second-most-expensive CryptoPunk to date. It has a bluish green skin tone and a white-and-blue headband.
Snoop Dogg’s alter ego ‘Cozomo de Medici’
Snoop Dogg’s ‘Right-Click and Save As Guy’ artwork sold for over $7.1 million on the SuperRare cryptocurrency marketplace in early December 2021. Among the pieces sold on SuperRare is a piece called ‘Cozomo de Medici’, which is believed to be Snoop Dogg’s alter ego. The art piece features a glitchy avatar. Snoop Dogg’s alter ego Cozomo de Medici bought the piece for $7.1 million, but it has not been confirmed whether this is the case.
Snoop Dogg’s alter eponymous Twitter account has received a huge amount of attention as he unmasked himself as ‘Cozomo de Medic’. His account was created in August 2021, but it already has over 44,000 followers. He teased his followers with a post on his account that said, ‘I’m Cozomo de Medici, you know who I am, bro.’ The post also features a picture of the rapper Jason DeRulo, who isn’t Snoop Dogg. The actor is reportedly not the real owner of the account, but the ‘Cozomo’ persona could be the real Snoop Dogg.
‘Cozomo de Medic’, Snoop Dogg’s eponymous Twitter account, recently announced that he has invested over $17 million in NFTs. The rapper is expected to invest the money in cryptocurrencies such as Tezos, Ethereum, and Solana. While the ‘Cozomo de Medici’ account is primarily for social media posts, it is not the only cryptocurrency related account.
Snowden’s artwork sold for $5.4 million
Edward Snowden’s Stay Free artwork has been sold for $5.4 million. The piece features an iconic portrait of Snowden along with the full text of a landmark US court decision. Snowden has donated all proceeds of the sale to the Freedom of the Press Foundation, which promotes freedom of speech and the press. The Freedom of the Press Foundation is a non-profit organization that aims to ensure that all voices are heard.
Edward Snowden is a controversial figure in the United States and is now a persona non grata in Russia. He was a computer analyst at the National Security Agency (NSA) who began leaking classified documents to the media. Snowden fled the United States in 2013 after being accused of espionage. He was granted asylum in Russia and was able to sell his artwork through the Foundation marketplace. His most famous works include Overly Attached Girlfriend, Nyan Cat, and Stay Free.
Stay Free, a piece of Edward Snowden’s, sold for $5.4 million on Nifty Gateway in April 2021. It features the iconic Platon portrait, court documents, and Snowden. The piece also features Bored Apes. In October 2021, Ape #8817 sold for $3.4 million on SuperRare. The piece depicts a sassy ape wearing a wool turtleneck, a rainbow spinner hat, and silver hoop earrings.
Xcopy’s ‘Right-Click and Save As guy’ sold for USD 7.08 million
Xcopy’s ‘Right click and save as guy’ was a non-profit art project created by a member of the New Futurists Team (NFT). The work mocks the valueless nature of crypto art, and was designed as a joke. It depicts a guy wearing a sweatshirt and large sunglasses, his lips moving as if muttering. The NFT sold for USD 7.08 million on the SuperRare website in early December 2021, and the internet user who bought it is a co-founder of NarcissusGLRY.
Another GIF sold for USD 6.01 million: A Coin for the Ferryman, which features a person’s changing expressions, was purchased directly from XCOPY in 2018. The artwork was first sold on SuperRare in November 2017 for USD 139, and was transferred to a user called @0xclipse in 2019. The same day, Beeple’s Ocean Front was sold for USD 6.6 million on the Nifty Gateway. Although the seller bought it for USD 139, it has been listed on secondary markets since.
The value of non-fungible tokens has been widely debated. Many believe that the NFT market has reached its peak, while others argue that the NFT culture is on a downward spiral. One of the most famous NFTs by an anonymous artist is XCOPY, whose ‘Right-Click and Save As guy’ NFT sold for USD 7.08 million in December 2021.