NFTs are quickly becoming a popular digital asset in the marketplace. Some of the most unique tokens are now going for millions of dollars. In December of 2021, roughly 30,000 investors banded together to purchase The Merge. The little digital artistic asset was sold for $91.8 million from the artist Pak, creating a stir among collectors while making history when it comes to the Top Selling NFT in history thus far.
For those unaware of what an NFT is, the acronym stands for non-fungible asset. The one of a kind online tokens represent items in both the virtual and real world that include works of art, video snippets as well as audio and more. While NFTs have been around since 2014, the tokens are fast becoming popular as they are purchased online alongside cryptocurrency, as pointed out by Forbes. They aren’t just being purchased by serious crypto traders on the internet, but also sought after by many celebrities, entrepreneurs and public figures. Major brands are also getting in on the fast growing world of NFTs.
Some of the most desirable Top NFTs recently include the Bored Ape Yacht Club. As explained by the Business Insider, the “BAYC is a collection of 10,000 Bored Ape NFTs — unique digital collectibles living on the Ethereum blockchain. Your Bored Ape doubles as your Yacht Club membership card, and grants access to members-only benefits.”
This month, the Bored Ape collection recently sold more than 500 NFTs within 7 days, bringing their sales to roughly $33 million. The collection features apes in everything from colorful clothes to sunglasses with bored looks on their faces. The digital art clips have garnered some serious love across social media platforms and among NFT buyers.
The Sandbox NFTs are also on the top selling list of tokens. Buyers purchase these nifty little tokens that come with their own parcel of virtual land. Sales for these creative NFTs have topped more than $7 million during this month. The company recently announced their plans to collaborate with World of Women. Together The Sandbox and WOW plan to develop opportunities when it comes to education and mentorship for females in the real world and their unique metaverse.
Other top selling NFTs include Cryptopunk. The digital headshots feature a variety of 10,000 unique punk characters ranging from humans to apes with funky hairstyles, glasses, hats and more. The avatars are one of a kind from creators Larva Labs. On average the 24×24 digital headshots sell for anywhere between $350,000 – $500,000.
According to Cryptoslate, NFTs predicted to be great for investing includes Silks and Meta Triads. Silks has been called the number one NFT project for 2022. The NFT is all about their love of horses and horse racing. Owners of the NFT would be able to play in a virtual world with horses, stables while racing. Creators behind the NFT plan to continue to enhance the exciting world that parallels real life thoroughbreds and racing data.
As for Meta Triads, the creators plan to roll out digital avatars similar to the Cryptopunk NFTs. The NFTs are artistic headshots of humans, hybrids and humanoids. The colorful cyberpunk tokens will also allow owners to be a part of the Meta Triad marketplace that allows them potential incoming income.
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