The First and Most Expensive NFT Art Pieces Sold
As more people get into the groove of NFT art creating and trading, more people are becoming inspired and encouraged to create their own NFT art collections and start making money! So who sold the first NFT? And how much was the most expensive NFT sold for?
NFT artists bid their artwork for as low as $100, however, you get many NFT artists who create work of so much value, they bid as high as the thousands and millions. Most NFT artists put their art up for sale at auctions to get interested buyers who are ready to bid the highest price.
Below, we share brief information about the first NFT art sold in 2014, and the most recent record-breaking NFT art sold in 2021.
“Quantum” by Kevin McCoy
Sold for $1.4 million, NFT artist Kevin McKoy’s “Quantum” was bought by fellow NFT artist, Sillytuna, at the “Natively Digital: A Curated NFT Sale” auction in 2014. McCoy first “minted” his NFT on the Namecoin blockchain in 2014 using a technology system he developed with Anil Dash, a coder.
The NFT is a pixelated image of an Octagon filled with pulsing, hypnotic circles. His NFT was compared to Picasso’s Les Demoiselles d’Avignon from 1907 and Kazimir Malevich’s “Black Square” from 1915.
“EVERYDAYS: THE FIRST 5000 DAYS” by Beeple
Mike Winkelmann, who goes by the NFT artist name “Beeple,” made a record-breaking sale of $69.3 million for his NFT art piece called “EVERYDAYS: THE FIRST 5000 DAYS.” Winkelmann, who is a graphic designer from South Carolina, had no intention of selling this piece when he started it.
The NFT is displayed as a collage of 5000 images which he captured/created by himself and took him 13 years to complete. The images in the collage are literally of the 5000 days between the time he started in 2007 and the time he finished in 2020. The sale of his art piece ranked him among the top three most valuable artists.