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The biggest NFT hits from celebrities dollar-wise

Millions of dollars in sales are still coming in as a consequence of the non-fungible tokens. So far, these are the top NFT earners in 2021.

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Non-fungible tokens have quickly become a mainstream phenomenon, with a slew of celebrities, entertainers, and sports figures promoting them. The question is, which NFT has had the greatest impact on this burgeoning industry?

There’s no denying that NFTs have taken the world by storm, with some of the most popular digital collectibles commanding exorbitant prices, prompting a stampede of newcomers eager to cash in on the trend.

While many have tried to cash in on the apparent success of NFTs, a few notable digital collectible creators have had their NFTs sell for millions of dollars at auction. NFTs have become the new-age autograph in a short amount of time, and their use has spread across a wide range of industries.

As blockchain-powered digital collectibles marketplaces boom for American sports leagues such as the National Basketball Association and the National Football League, the world of sport has taken a liking to NFTs. Beeple’s $69 million digital art piece broke auction records and changed the way people enjoy and own art, indicating that the art industry is undergoing a new age renaissance of sorts. Musicians, celebrities, and content creators have all launched their own NFTs, which are changing the way fans and consumers buy memorabilia, merchandise, and content.

Here are some of the most popular NFTs in 2021, with information on the developers or original owners as well as the current value of those NFTs.

Beeple’s “Everydays”

Beeple’s now-famous digital collage “Everydays: The First 5000 Days” is an obvious choice for this list of prominent NFTs. Its price alone has cemented its reputation as the most valuable NFT ever sold at auction.

The digital collage was created by American digital artist Mike Winkelmann, better known by his nickname Beeple, and sold for $69,346,250 in February 2021 at renowned auction house Christie’s.

Over the past 13 and a half years, Beeple has been releasing a piece of digital art every single day, and “Everydays: The First 5000 Days” is a collage of 5,000 of these objects.

The NFT’s jaw-dropping price tag was only realized in the last two minutes of the auction, when the digital art piece saw a drastic rise in the value of offers, moving up from a $20 million offer to a final bid for about $60 million. The $9 million difference was due to Christie’s buyer’s premium.

Jack Dorsey’s $2.9-million genesis tweet

Twitter CEO Jack Dorsey successfully auctioned off the digital rights to his first-ever tweet from March 2006, in a strange and wonderful use-case example for NFTs. In March 2021, the NFT tweet was ultimately sold for $2.9 million, with the proceeds going to the GiveDirectly fund.

On March 6th, Dorsey posted a link on his Twitter profile that directed users to an online auction for his 2006 tweet, which was also the first-ever made on the popular social media website 15 years ago.

“Just setting up my twttr,” says Dorsey’s first tweet, which he posted in March 2006. Dorsey’s digitally autographed tweet drew a lot of interest, but Sina Estavi, the CEO of Tron-based Bridge Oracle, won it.

Edward Snowden’s NFT

Another well-known person who has raised a lot of money by selling of an NFT is American whistleblower Edward Snowden. He made headlines in 2021 when he raised $5 million for the Freedom of the Press Foundation by selling a one-of-a-kind piece of NFT art.

Snowden commissioned the NFT art project, dubbed “Stay Free,” to honor a key 2020 court decision stating that the US National Security Agency’s mass spying breached the law. Snowden was instrumental in revealing the infractions, and the art piece includes every page of the landmark court decision, as well as a silhouette of Snowden’s face in the foreground.

Over the last decade, Snowden has become one of the most well-known government whistleblowers. Snowden obtained access and exposed sensitive material linked to NSA privacy abuses during his position as a former employee and subcontractor for the US Central Intelligence Agency.

A federal appeals court concluded seven years later that the NSA’s surveillance program, which collected data on Americans’ phone calls, was unconstitutional. After disclosing this material, Snowden was forced to seek asylum in Russia, where he was granted permanent status. For disclosing this information to the public, Snowden was charged under the Espionage Act.

Given the popularity of NFTs in 2021, it’s no surprise that Snowden’s “Stay Free” art work fetched such a high price at auction. PleasrDAO, which was founded by a group of NFT art collectors, purchased the NFT.

The group won the digital art work with a winning bid of 2,224.00 Ether (ETH). As the bidding for the “Stay Free” NFT heated up, Snowden remarked in a tweet that the final sum paid for the art piece was more than the Freedom of the Press Foundation’s yearly budget.

Gronk’s NFL Championship Series

Rob Gronkowski, an NFL veteran, is undoubtedly the most significant player to have had a successful NFT debut of digitally signed trading cards.

The Tampa Bay Buccaneers tight end debuted in the realm of NFTs in March, when he teamed up with OpenSea to create a collection of trading cards, which he sold for $1.8 million in ETH.

The Championship Series NFTs honor Gronkowski’s four NFL championships, while the fifth and final “Career Highlight Refractor Card” honors those four great seasons. Gronkowski won three NFL championships with the New England Patriots, and he won his fourth with quarterback Tom Brady after joining the Buccaneers in 2020.

The four Championship Cards had 87 digital editions up for auction, whereas the fifth Career Highlight card was just a single NFT.

Given this, it’s unsurprising that the one-of-a-kind “Career Highlight Refractor Card” sold for the most money at auction, fetching 229 ETH (about $435,000 at the time). The two-day auction resulted in the sale of 349 trading cards, as well as the one-of-a-kind Career highlight card, to 95 different owners. The auction’s entire trading value was 1,014 ETH, which was worth $1.8 million on the day.

Grimes’ $5.8 million in 20 minutes

Last but not least, Canadian musician and visual artist Claire Elise Boucher, better known by her stage name Grimes, had a successful NFT launch, with purchases of tokenized artwork totaling $5.8 million at the end of the sale in March 2021.

Grimes’ first NFT collection, nicknamed “WarNymph,” was designed by her brother, acclaimed digital artist Mac Boucher. The artwork depicted a fantasy universe focused on a goddess who was stylised as a baby angel. Carbon 180, a non-governmental organization dedicated to decreasing carbon emissions, received a portion of the revenues from the “WarNymph” NFT sales.

As previously stated, Grimes’ NFT work was in high demand, with copies selling for more than $5 million in less than 20 minutes after being public on Feb. 28. “Death of the Old,” the most expensive NFT, received a winning offer of $389,000.

It looks Like NFTs Are Here To Stay

NFTs have quickly outgrown their reputation as a novelty, and there appears to be widespread agreement that the field will continue to attract significant investment and use in the future.

It is apparent that tokenizing assets is becoming more widespread, from singers looking to push the bounds of their regular releases, such as Kings of Leon, who made $2 million from their NFT album release, to a $1.8 million pair of sneakers.

“I own some NFTs, but that is because I enjoy the art and the community that was developed to make the art,”

Mattison Asher, who does research on Ethereum, NFTs, and DeFi at ConsenSys, said at the time and added that it’s difficult to predict whether the prices paid for certain works of digital art and other NFTs will keep their worth in the future. However, beauty is in the perspective of the beholder, and the auction plainly demonstrates that people respect Beeple’s “The First 5000 Days.”

Asher, on the other hand, believes that sales like those of “Everydays” have played a larger part in bringing together businesses that appear to have more in common than meets the eye:

“The stories of crypto and Beeple are strikingly similar. Beeple, like the crypto sector as a whole, has had to overcome a tremendous amount of adversity in order to reach the current level of success. Beeple has been making digital works for years, much like the crypto industry as a whole, with little recognition.”

ART & COLLECTABLES

The Ethereum Metaverse’s NFT Real Estate Sells for a Record $913K

For Ethereum-based open world crypto metaverse game Decentraland, Republic Realm establishes a new all-time high-value LAND sale.

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In the open-world metaverse game Decentraland, a virtual plot of land sold as an NFT for a record amount: more than $913,000, based on the price of the game’s Ethereum-based MANA money at the time.

For 1,295,000 MANA, the estate NFT, also known as a LAND token in the game, was sold. According to NonFungible’s data, this is the highest-valued LAND sale to date in terms of money. However, sales for greater MANA have occurred in the past when the currency was significantly less valuable. In November 2018, the record was set with 2,772,000 MANA, which was valued little under $211,000 at the time.

Republic Realm, a firm that invests in virtual real estate in crypto games, has claimed the new record purchase. Republic Realm is a division of Republic, an online investment platform that itself has notable investors, including AngelList, Binance, and Galaxy Interactive. Republic Realm has not yet disclosed how it plans to utilize the Decentraland estate, which is located in the game’s Dragon Kingdom district.

The business tweeted, “We can’t wait to disclose our enormous plans for this estate.” “We are more committed than ever to constructing and expanding the metaverse.”

Decentraland is an Ethereum-based online metaverse where players can freely explore the realm, engage with other players, and play games. The 3D game resembles a hybrid of virtual world pioneer Second Life and blocky sensation Minecraft, but with a blockchain-based twist of actual item ownership and a player-driven economy.

Decentraland isn’t the only blockchain-based game that revolves around digital land plots marketed as NFTs. Other Ethereum-based games that have made millions of dollars selling virtual real estate include The Sandbox and Axie Infinity.

In this example, Decentraland shattered an estate sale record set only a few weeks prior. Boson, a blockchain protocol, said earlier this month that it had purchased a Decentraland estate in the game’s valuable Vegas City sector for roughly $704,000, with ambitions to develop a virtual shop to market its decentralized infrastructure products.

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ART & COLLECTABLES

Tezos Joins McLaren Racing as a Blockchain and NFT Partner

McLaren Racing has announced a multi-year technical agreement to develop the NFT fan experience platform on Tezos, an energy-efficient blockchain network.

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Tezos has been named as McLaren Racing’s Official Blockchain Partner in a new multi-year technological cooperation spanning Formula 1, INDYCAR, and esports, according to a press release.

McLaren will establish a non-fungible token platform with a focus on the fan experience, using the energy-efficient and upgradeable Tezos network.

Tezos NFTs

Tezos is an open-source asset and application blockchain that is constantly expanding and upgrading itself through efficient on-chain governance.

McLaren will create a specialized platform that will bring together its illustrious racing history and famous driver lineups across all of its teams to provide an unsurpassed NFT fan experience.

Tezos and McLaren believe that innovation is the key to long-term success. By embracing clean NFTs and energy-efficient networks, the impact of this new medium for sharing creative expression will not be diluted by excessive energy usage.

Tezos’ pioneering Proof of Stake mechanism is a substantially more energy-efficient technique to securing its network than typical Proof of Work blockchains, consuming two million times less energy than Proof of Work networks like Bitcoin and Ethereum.

This enables Tezos to run in an environmentally friendly manner, with little energy use and a low carbon impact.

Teams With Tezos Branding

Tezos will be represented across the McLaren Formula 1 and Arrow McLaren SP teams as part of the agreement, including on the race suits of McLaren F1 drivers Lando Norris and Daniel Riccardo, as well as AMSP drivers Pato O’Ward and Felix Rosenqvist.

“Tezos and McLaren Racing joining forces to build a unique fan-focused NFT platform is an exciting and quickly evolving industry,” said Lindsey Eckhouse, McLaren Racing’s Director of Licensing, eCommerce, and esports.

She went on to say that the new relationship allows McLaren to enter a market where fans can own essential components of the team, and that the firm is excited to launch the platform with Tezos to create bespoke NFTs with our Formula 1, INDYCAR, and esports teams.

In the meantime, Hubertus Thonhauser, Chair of the Tezos Foundation, issued the following statement:

“We are pleased that McLaren Racing has opted to extend their NFT fan interaction platform to the Tezos blockchain, as it has one of the longest and most prestigious legacies in Formula One racing.”

“Blockchain as a concept is changing, getting faster, more secure, and more efficient,” he continued. This necessitates a blockchain capable of keeping up with the current rate of innovation. Tezos, the first and fastest-evolving blockchain, stays at the vanguard of innovation, providing real-world solutions in a robust and fast-growing ecosystem as brands explore for new ways to engage with their fans.”

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ART & COLLECTABLES

The Original Code of the World Wide Web Will Be Auctioned as an NFT by Sotheby’s

The luxury auction house Sotheby’s announced on Tuesday that it will auction off a non-fungible token containing the original source code for the World Wide Web next month.

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Digital files such as music, video, and artifacts are represented by NFTs, which are one-of-a-kind collectibles. On June 23, the NFT for the code, which was created by British computer scientist Sir Tim Berners-Lee in 1989, will go on sale, with bids starting at $1,000. Berners-Lee has signed this NFT, which includes his original time-stamped files.

“What is the purpose of an NFT? It’s a natural thing to do when you’re a computer scientist and you’ve been writing code for a long time.” He went on to say, “It feels natural to digitally sign my autograph on a purely digital item.”

The NFT also includes an animated visualization of the code, a letter written by Berners-Lee about the code and his process of creating it, and a digital “poster” of the entire code generated from the original files using Python, which includes a graphic of his physical signature and is all digitally signed.

The NFT files comprise around 9,555 lines of code, which incorporate components of the three languages and one protocol established by Berners-Lee: HTML (Hypertext Markup Language), HTTP (Hypertext Transfer Protocol), and URLs (Uniform Resource Locators) (Uniform Resource Identifiers).

Berners-Lee said in a statement, “Three decades ago, I built something that, with the subsequent cooperation of a great number of partners around the world, has been a significant weapon for humankind. NFTs, whether they are artworks or digital artefacts like this, are the most recent playful creations in this area, as well as the most acceptable method of ownership. They’re the perfect method to package the origins of the internet.”

The entire sale earnings will go to causes that Berners-Lee and his wife support.

The auction is Sotheby’s third featuring NFTs. In April, the auction house sold its first NFT by unknown digital artist Pak, and only last week, it sold its second NFT, a rare CryptoPunk, for nearly $12 million.

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