Over the last few years, NFTs (also known as non-fungible tokens) have skyrocketed in popularity. While NFTs have proven to be highly beneficial to artists, several other creators and developers have made use of their digital art online to make millions.
And while there are tens and thousands of NFT platforms out there, there are five platforms that have become a megahit. This feature will go through the top 5 most significant NFT projects and explore what makes them so unique from the rest.
CryptoPunks
Undoubtedly, one of the most hyped-up NFTs of the year is CryptoPunks. If you are not aware of what they are, here is a quick recap of everything you need to know
History of CryptoPunks
CryptoPunks are a collection of 10,000 different NFT avatars that were created by John Watkinson and Matt Hall based on the 70s punk scene in Britain. Each of these punks has a unique funky design, making them just as rare as collectibles.
Initially, the first-ever punks were free to claim when they were released back in 2017. However, today all10,000 cryptopunks have been claimed or bought, and they are now selling for big money.
Most Expensive CryptoPunks NFT Sold
In June 2021, CryptoPunk #7523 was auctioned off at Sotheby's for approximately $11.7 million. Another punk was sold to Figma Inc.’s CEO for around $7.57 million.
Current Price of CryptoPunks NFT
The advent of CryptoPunks is definitely one to talk about. However, this is not where the real value lies.
Initially, when the CryptoPunk NFTs started selling, they were priced from $1 to $34 each. However, today these are worth more than a life’s worth of money!
Beeple
Up next, this platform that got itself a world record earlier this year by being sold for almost $69 million – Meet Beeple! Here’s what you need to know about this best-selling NFT.
History Of Beeple
One of the most exciting facts about Beeple is that it was worked on for almost 13 years and launched in March 2020 by Mike Winkelmann. Yes, the platform was created over a long time frame of nearly 13 years.
You can find unique digital art prints online on this platform, including stunning landscapes, alien and space creatures, arid deserts, astronauts, etc.
Most Expensive Beeple NFT Sold
The most expensive Beeple sold was Winkelmann’s 'Everydays – The First 5000 Days' digital print art that was sold at Christie's auction for around $69 million!
Current Price Of Beeple
If you are a lover of quirky prints, patterns, and people, you are sure to find something interesting at Beeple. But remember that it will cost you!
In fact, some of his artworks are even being sold from $90,000 to a whopping $5 million! So make sure to have your digital wallet locked and loaded before shopping at Beeple.
Bored Ape Yacht Club
Also known as the BAYC, this NFT platform has 10,000 kooky ape avatars.
Each ape has a different appearance, and they all have various accessories to style them as well. For instance, some apes wear gold teeth, some wear cowboy hats, and so on.
Let’s take a quick look at what BAYC is and why it is popular today.
History Of BAYC
BAYC was first launched in September 2021 by Gargamel, Gordon Goner, Emperor Tomato Ketchup, and No Sass, a team of pseudonymous developers in Yuga Labs.
Thanks to these apes' “punk rock” design, these NFTs quickly became the new internet rockstars.
Most Expensive BAYC NFT Sold
Currently, Ape #1734 is available to purchase at $2.5 million, while Ape #350 is being sold for $3.5 million.
Current Price Of BAYC NFT
The price of each of these apes is based on its features, accessories, and uniqueness. Whether you want to buy an ape donning a sleek leather jacket or a gold ape, they all cost a ton of money.
World of Women
What better NFT project than one that is powered by women! As the name suggests, this NFT project sells 10,000 different female avatars, each with different appearances and features.
Here’s what you should know about the World of Women.
History Of World of Women
The World of Women was first created and founded by Yam Karkai, an artist, along with Raphael Malavieille, in July 2021. Yes, you read that right. They launched their first avatars a few months ago, and they became a colossal sell-out overnight!
Much like Karkai’s art, these NFTs were designed with an idea to empower and strengthen women by incorporating more diversity into the platform. And based on the overnight sell-out, people seem to love this idea.
Most Expensive World of Women NFT Sold
The price of each avatar differs based on its popularity and uniqueness. For example, Woman #2933 is currently available for $400,000, while Woman #6025 is sold for twice that price.
Current Price Of World of Women
The best part about the World of Women is that they have a somewhat reasonable price when compared to the other options mentioned in this list. However, all the most sought-after avatars are sold for thousands of dollars.
Ringers
Last but not least, we have the Ringers. If you are looking to buy art online that is simple and minimalistic, Ringers will definitely be appealing to you.
Here are a few quick details about this NFT.
History Of Ringers
Ringers were founded by a Canadian artist named Dmitri Cherniak in 2021. Most of the prints available here are art blocks, and each of these designs is rare and unique.
The designs feature a set of yellow, red, black, and white circles, all interconnected with a line.
Most Expensive Ringers NFT Sold
The most expensive Ringer ever sold was “Three Arrows Capital” via OpenSea and was worth $5.8 million. However, you can still find cheaper artworks on sale at Ringers, as mentioned earlier.
Current Price Of Ringers
Like any other NFT on this list, the price of Ringers is also based on the item's uniqueness. For example, Ringer #109 comes with nine different properties and is currently available at $8 million. However, you can still get other Ringers for affordable prices.
Summary
Ever since the popularity of NFTs has skyrocketed, more and more art pieces are being sold at unbelievable high prices. We may even see a work of art being sold for $100 million at this rate!
This in itself tells us that the world of NFTs is filled with endless possibilities. So if you are looking for the best time to start investing in NFTs, now is the time to dive into this huge profitable market!