Introduction
Welcome to the world of non-fungible tokens (NFTs). This is an exciting new area of blockchain technology that has massive potential and even more hype. In this article, I’ll give you a brief introduction to NFTs and then explain what sets some NFTs apart from the rest. Finally, we’ll look at seven examples of expensive NFTs that are worth their weight in ether.
CryptoPunks
CryptoPunks are digital assets that are worth $1.4 million. They’re a collection of 20 cryptocollectibles, which can be bought and traded. Each one is unique, so they all have different characteristics, such as eye color and hair length. CryptoPunks were created by Axiom Zen in 2017 and their value has risen dramatically since then—the most expensive CryptoPunk sold for $200,000 in July 2018.
Decentraland
Decentraland is a virtual world that runs on the blockchain. It’s a platform for creating and experiencing virtual reality. Decentraland is also an open source project, meaning you can check out its codebase online if you want to see how it works or even make your own changes to it.
Decentraland uses non-fungible tokens (NFTs) as its currency, which are unique digital items based on Ethereum’s ERC721 standard that can be traded on exchanges or used as currency within the game itself.
NBA Top Shots
NBA Top Shots are digital collectibles that were created by the NBA and CryptoKitties. They’re available for purchase on the NBA’s website, and each one costs $13,000. That’s expensive—the most expensive NFTs—but it’s also a good investment, because these coins have great value. If you’re interested in buying them but don’t have that kind of cash lying around, we recommend waiting until they go on sale or trading them with someone else who already owns one (or several).
CryptoKitties
CryptoKitties is a game in which you can collect, breed, and trade unique digital kittens. It’s the most popular NFT game to date—and it’s no surprise why: CryptoKitties sold over $30 million worth of digital kittens in its first six weeks of business.
Ethernity Chain
Ethernity Chain is a virtual world where you can buy, sell and trade virtual land. It’s a blockchain-based game that allows you to buy, sell and trade virtual real estate.
You can purchase land in Ethernity Chain using the Ethereum cryptocurrency (ETH) or its own native token, ETN. You can also rent out your lands for fees or use them as collateral for loans against their value. If you don’t have the funds to buy something immediately, you can use ETH as collateral for an advance payment on the transaction and then pay back with monthly installments over time.
Meebits
Meebits are a cryptocurrency that was created by the team at MeeTip. The goal of MeeTip is to make it easier for people to use crypto and create their own digital assets. The project is still in its early stages, but it’s worth keeping an eye on for those who want to enter the crypto world without having to learn any special skills or technologies.
Meebit tokens are called NFTs, or Non-Fungible Tokens. They’re similar to other types of cryptocurrency such as Bitcoin because they act as a store of value, but they have an extra layer: each token has its own unique set of characteristics which makes them more like collectibles than actual money (hence “non-fungible”).
Sorare
Sorare is the most valuable NFT, with a market cap of $1.8 million. Sorare is a collectible game that is very similar to Pokemon and Magic: The Gathering. The game consists of digital trading cards and players can buy packs with real money, but once you’ve purchased them, they aren’t locked down in any way — you can sell them back at any time for their full value (minus fees).
Sorare requires players to trade or sell their cards on an exchange in order for them to have value as assets within blockchain games like this one.
Socibits
Socibits is a digital collectible card game that’s similar to Pokemon and other games. The cards are bought, collected and played online with other people.
The most expensive NFTs are CryptoPunks.
The most expensive NFTs are CryptoPunks. They’re the first NFTs, and they’re also the most valuable, popular and collectible NFTs to date.
The NFT market was born with CryptoPunks in 2019 when they sold at auction for $240k USD. That’s roughly 240 times their initial price of 0.1 ETH (Ethereum).
Conclusion
In conclusion, I would say that the most expensive NFTs are CryptoPunks.
