SPACE PUNKS ROADMAP PROFESSIONAL

The artwork depicts the work Beeple started back in 2017 when he set to create a new digital picture every day for 5,000 straight, which were then combined into the “Everydays: the First 5000 Days”.

SPACE PUNKS ROADMAP PROFESSIONAL

This artwork by Mike Winkelmann, who goes by the professional name of Beeple, was the record holder for the most expensive NFT prior to “The Merge”. NFT #2: Everydays: the First 5000 Days – Beeple However, if someone was to own 100% of the mass of the artwork, which is why we are considering it as a single piece.

This fractional nature means that theoretically, the artwork has no owner. Once the sale was closed, each collector received an NFT depending on how much “mass” they had, with said NFT representing a portion of the artwork. The sale worked by having collectors buy “mass” of the artwork during the 2 days the sale was open, with all of the “mass” owned by a collector being merged into a greater “mass”. While many might not consider “The Merge” to be a single artwork, it certainly introduced a novel buying structure to the NFT ecosystem.

Created by an anonymous artist known only by the pseudonym “Pak”, the artwork saw 28,983 collectors buy 312,686 units NFTs, which conformed to the entirety of the artwork. Sold earlier this month on December 4th, The Merge broke the record not only for the most expensive NFT ever sold but also for the most expensive artwork sold by living artists. These are the NFTs that made headlines, had critics scratching their heads, and forced traditional art collectors to interact with NFTs when some of the top auction houses took notice. When it comes to evaluating the relevance of an NFT, the easiest way to go is to look at those who sold for the highest price. As the year comes to an end, it is time to review the top 5 most valuable NFTs of the year.Īs there are many ways in which NFT’s could be evaluated, we have chosen to take a look at the 5 most valuable individual NFTs and most valuable NFT projects, as this will better encompass the success of the NFT ecosystem this year.

Names like Beeple, Pak, xCopy, CryptoPunks, Axie Infinity, Decentraland, NBA Top Shot, and more, became synonymous with NFTs in popular cultures. While the top 100 NFT collections generated $16.7 billion in trading volume several individual sales were the biggest contributors when it came to putting the spotlight on the revenue-generating potential of NFTs as mediums for the transfer of value in the digital collectibles space. NFTs have generated over $23 billion in trades this year, which warrants taking a look back at the top NFT tokens of 2021. With just 1 week to go until the end of 2021, the Non-Fungible Token ecosystem has already seen its most successful year since the first NFT was minted back in 2014.

Space punks roadmap