Expensive NFTs As An Investment

Non-fungible tokens (NFTs) were undoubtedly the “next big thing” in 2021. Though we may currently be in a bear market, 2022 has continued the momentum of last year with more NFT partnerships and use cases announced.

NFTs are unique tokens that act like collectors' items (but they never get dusty). They can also give you access to events, game upgrades, and more. NFTs herald the dawn of a new age of art, where digital artists can work with algorithms and code to create unique assets.

Whether you create or buy NFTs, you may just hit the jackpot and find yourself the owner of a digital asset in high demand and fetching millions of dollars. To help you understand the world of high-value NFTs, we've put together this list breaking down the most expensive NFTs as of 2022.

The Most Expensive NFTs

Ringers #109: $6.9M Art Blocks' Ringers #109 is a generative art collectible featuring black, red, and yellow circles. According to Dappradar, Ringers #109 sold for 2,100 ETH, or $6.9 million, in October 2021. There are 99,000 Art Block NFTs in total.

Right-click and Save As Guy: $7.1M

Right-click and Save As Guy is an NFT image that sold for 1,600 ETH, or $7.09 million, on the decentralized marketplace Superrare on December 10 to “Comozo de Medici.” The buyer was none other than the one-and-only hip hop legend, global celebrity, and now NFT hype man and owner, Snoop Dogg.

The CryptoPunks, an NFT collection based on the Ethereum blockchain, consists of randomly produced characters. CryptoPunk #3100 is one of the most expensive Alien Punks sold to date. #3100 is a blue and white Alien with a headband. Only 406 of the 10,000 CryptoPunks wear a headband, making it a rare feature. #3100 was first released in 2017 and gained popularity after a $2 million bid in March 2021.

​​CryptoPunk #3100: $7.6M

The Merge: $91.8M

Pak, an anonymous digital artist, produced The Merge as a computer artwork. It was auctioned for $91.8 million on NFT decentralized marketplace Nifty Gateway on December 6, 2021. The piece, however, was fractionalized into 312,686 pieces and sold to 28,983 people.

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