Non-fungible tokens have quickly become a mainstream phenomenon, and a number of celebrities, as well as sports and entertainment icons, are fueling their popularity. The question is: Which NFT was most influential in this growing sector?
There’s no denying that the NFTs have taken the world by storm. Some of the most popular digital collectibles have attracted staggering prices and sparked a rush of newcomers looking to get the most out of this space’s notoriety.
While many have tried to tackle the apparent wave of NFT success, there are a few prominent digital collectible creators who have seen their NFTs sell for millions of dollars at auction. Soon, NFTs have become the autograph of the new era and the use of technology has increased in various sectors.
The sports world has loved NFTs with the rise of blockchain-based digital collectibles markets for American sports leagues like the National Basketball Association and the National Football League. The art industry is experiencing a new age renaissance, evident in Beeple’s $ 69 million digital artwork that breaks auction records and changes the way people enjoy and own art. Musicians, celebrities, and content creators have also created unique NFTs that are redefining the way fans and consumers purchase souvenirs, merchandise, and content.
Here are some of the most influential NFTs in 2021, highlighting their original creators or owners, and showing what those particular NFTs are worth now.
It goes without saying that Beeple’s now famous “Everydays: The First 5000 Days” digital collage is part of this list of notable NFTs. Its price established its status as the most expensive NFT ever sold at auction.
American digital artist Mike Winkelmann, better known by his nickname Beeple, created the digital collage that It was sold at Christie’s famous auction house in February 2021 for a total of $ 69,346,250.
Beeple has been publishing a piece of digital art every day for 13.5 years, and Everydays: The First 5000 Days is a collage of about 5,000 of these pieces that he published.
The staggering price of the NFT only came true in a frenzied final hour during the auction. The digital artwork saw a dramatic increase in bid value from a $ 20 million bid to a final bid of approximately $ 60 million in the last two minutes of the auction. The additional $ 9 million was the buyer’s premium calculated by Christie’s.
Jack Dorsey’s first tweet for $ 2.9 million
In a strange and wonderful example of the use of NFTs, Twitter CEO Jack Dorsey successfully auctioned the digital rights for his first tweet in March 2006. The Tweet-NFT finally sold for $ 2.9 million in March 2021, the proceeds of which were donated to the GiveDirectly fund.
Dorsey shared a link on his Twitter profile on March 6th that took users to an online auction of his 2006 tweet, which was also first published on the popular social media platform about 15 years ago. ± Os.
End of March 21st
Will convert the proceeds immediately #Bitcoin
And send to @GiveDirectly Africa answer
to???? jack (@jack) March 9, 2021
The auction for the tweet was facilitated by the NFT Valuables platform, which allows users to shape tweets on their blockchain by creating a signed 1 of 1 version. The users can then bid on possession of the signed tweet – as explained in the frequently asked questions about valuables.
Dorsey’s first tweet from March 2006, He says: â ???? just set up my twttr ????, in Spanish “I just set up my twttr”. Dorsey’s signed tweet attracted many offers, but ultimately went to Sina Estavi, the CEO of Bridge Oracle from Tron.
Edward Snowden’s NFT
American whistleblower Edward Snowden is another notable person who has made big bucks selling an NFT. It made headlines in 2021 after raising $ 5 million from the sale of a one-of-a-kind NFT artwork, the proceeds of which were donated to the Freedom of the Press Foundation.
The NFT artwork, titled “Stay Free,” was commissioned by Snowden to commemorate a landmark 2020 court ruling ruling that mass surveillance by the US National Security Agency was against the law. Snowden played a pivotal role in exposing the violations, and the artwork includes every page of the historical judgment while a silhouette of Snowden’s face appears in the foreground of the artwork.
Snowden is perhaps one of the government’s most famous whistleblowers of the past decade. While serving as a former employee and subcontractor with the US Central Intelligence Agency, Snowden had access to and leaked sensitive information related to data breaches by the NSA.
About seven years later, a federal appeals court ruled that the NSA’s surveillance program, which collected data from American phone calls, was illegal. Snowden was forced to apply for asylum in Russia after sharing this information and has since been given permanent residence in the country. Snowden was charged under the Espionage Act for disclosing this information to the public.
Given that the popularity of NFTs soared in 2021, it’s no wonder Snowden’s “Stay Free” artwork has fetched such a high price at auctions. The NFT was acquired by PleasrDAO, which was founded by a group of NFT collectors.
The group submitted a winning bid of 2,224.00 Ether (ETH) for the digital artwork. The final price for the NFT “Stay Free” is more than the annual budget of the Freedom of the Press Foundation pointed out Snowden in a tweet when the bid for the artwork heated up.
Gronk NFL Championship Series
NFL veteran Rob Gronkowski is arguably the most influential player in his sport to see a successful NFT rollout of digitally signed business cards.
The tight end of the Tampa Bay Buccaneers first entered the NFT world in March by partnering with OpenSea to mint a collection of trading cards and coins By selling the cards, he earned $ 1.8 million at ETH.
Gronkowski’s NFT Championship Series pays homage to his four NFL titles, while the fifth and final Career Highlight Refractor Card pays homage to those four successful campaigns. Gronkowski won three NFL titles with the New England Patriots, while his fourth NFL win alongside quarterback Tom Brady came after both joined the Buccaneers in 2020.
The four championship cards had 87 digital editions up for auction, while the fifth Career Highlight card was a single NFT in its own right.
With that in mind, it’s not surprising that The only “Career Highlight Refractor Card” achieved the highest auction amount and was sold for 229 ETH with a value of around 435,000 US dollars. The auction lasted two days and sold a total of 349 trading cards and the unique “career highlight” card to 95 different owners. The total value of the auction was 1,014 ETH on that day, valued at $ 1.8 million.
Grimes’ NFT Bonanza, $ 5.8 million in 20 minutes
Last but not least, the Canadian musician and visual artist Claire Elise Boucher, better known by her stage name Grimes, There was an explosive NFT launch that hit $ 5.8 million in sales when sales ended in March 2021.
Grimes published his first NFT collection, titled “WarNymph,” which was created by his brother, well-known digital artist Mac Boucher. The play explored a fictional universe revolves around a goddess stylized as a child angel. A percentage of the proceeds from the sale of NFT “WarNymph” was donated to Carbon 180, a non-governmental organization dedicated to reducing carbon emissions dedicates.
As previously mentioned, Grimes’ artwork was in great demand, and The copies had sales of more than $ 5 million in less than 20 minutes of being sold on February 28. The most expensive NFT, Death of the Old, fetched a winning offer of $ 389,000.
It doesn’t seem like just a fad
As Cointelegraph previously researched, NFTs have quickly outgrown the notion of being a fad, and there seems to be a consensus that space will continue to attract significant investments and uses in the future.
From musicians interested in pushing the boundaries of their regular releases, like the band Kings of Leon, who made $ 2 million by releasing their album with NFT, to a pair of sneakers worth 1.8 Million dollars to become part of the mainstream world.
Mattison Asher, who conducts research on Ethereum, NFTs and DeFi at ConsenSys, told Cointelegraph that it is difficult to assess whether the prices paid on select digital works of art and other NFTs will hold their value in the future, and much more goodbye: “I own a few NFTs, but that’s because I appreciate the art and communities that were started to create the art. However, beauty is in the eye of the beholder, and it’s clear that people appreciate Beeple’s “The First 5000 Days” as the auction shows.“.
However, Asher argues that sales like “Everydays” have played a bigger role in bringing together industries that seem to have more in common than one might think:
“The history of cryptocurrencies and Beeple is incredibly similar in nature. Both Beeple and the crypto industry as a whole have had to overcome an incredible amount of adversity to achieve the level of success they are now experiencing. How the crypto industry as a whole, Beeple is doing digital works for years, often with little recognition. “
As Asher also pointed out, NFTs have already proven to be a very effective way of monetizing intellectual property, regardless of what a particular NFT looks like. While the five NFTs above are perhaps the most notable, there are sure to be more expensive digital collectibles going forward.