2023-10-10 15:04:38
Technology has been changing the world we know drastically, introducing such novel terms as artificial intelligence, the metaverse or even NFTs into our lives.
The NFT or “Non-Fungible Token” is an element that has been gaining notoriety in recent years, becoming not only an artistic resource, but also a virtual currency to acquire exclusive homes in the real estate market. These tokens are unequivocal representations of assets, both digital and physical, based on blockchain technology, that is, the same one used in cryptocurrencies. Although these NFTs or non-fungible tokens cannot be divided or exchanged, they can be bought and sold. This technology allows “possessing parts of works of art that, instead of being kept in a safe, are stored digitally in a place that can only be accessed by the owner using a unique key,” they explain from the CaixaBank blog. But which are the most expensive NFTs?
1. The Merge: 86.7 million euros
The Merge is a work by an anonymous artist called Pak in which tokenization has been combined with artistic generation. And it occurred to this artist to use the blockchain and the internet to generate a work on a global scale, providing buyers with a dynamic digital creation.
This “exotic and participatory” proposal generated enormous expectation with a record figure in the sale of NFTs, 86.7 million euros, as explained by the entity. In this way, Pak has become the most sought-after living artist in the world, surpassing others as well-known as Banksy or David Hockney.
2. The First 5000 Days: 65,5 millones de euros
Beeple, an American graphic designer, spent more than 5,000 consecutive days, that is, 13 years creating an image each day without skipping a single one. This NFT sold for 65.5 million euros – $69.3 million – after this artist’s other works gained value auction after auction.
3. Clock: 49.8 million euros
Clock, is a work created by the anonymous artist Pak, and this is part of his “Censored” collection that he has together with Julian Assange – founder of WikiLeaks – to raise funds and help the latter defend himself in court.
This work is a clock that shows the days that the activist has been imprisoned. The Assange DAO organization, made up of about 10,000 Assange followers, was the one that bought the work for 49.8 million euros – 52.7 million dollars. “Its members joined forces and resources in a kind of crowdfunding to help Assange get free,” says CaixaBank.
4. Human One: 27.3 million euros
The artist Beeple – the same one who created The First 5000 Days – created a three-dimensional video sculpture, mixing digital and physical art, which was sold live at Christie’s gallery for 27.3 million euros – 28.9 million dollars. .
This NFT is a kinetic video in a box about two meters high that shows – on four LED screens – a solitary astronaut walking through a dystopian world and continually evolving.
5. CryptoPunk #5822: 22.4 million euros
CryptoPunk #5822 is a work that is part of a series of 10,000 digital avatars stored on the Ethereum blockchain. Its sale reached 22.4 million euros – 23.7 million dollars – and its buyer obtained ownership of a low-resolution image of a blue alien generated by an algorithm.
“It was the project that inspired the current crypto art movement and one of the first examples of NFT on Ethereum,” says the bank.
#expensive #NFTs #history