Hello everyone, I am Gao Ge. NFT can be regarded as one of the most popular investments in the first half of last year. In the past six months, searches related to NFT have also set search records, and artworks and videos made into NFT have also set the most expensive sales record so far. Let me first tell you about the top three works here.
First on the list is artist michaelwingmen. Everydays, the first five thousand and days, he put together a painting he painted every day for the past thirteen years, and turned it into this dense work. One of the greatest features of this work is that it is a document rather than a physical work. The ownership of the work is recorded in the NFT. His final price at Christie's auction house was $69.34 million.
The second-ranked NFT work is a cryptpunk numbered 7804. This cryptopunk is a little head with 24×24 pixels. So it was originally developed by two software developers madhole and john walkerson in loveleft in New York. They developed 10,000 of these little heads, and they were all given away for free at the beginning. Then in 2018, the software company fikmadcedelonfield won the little head of 7804. As an investment, it remains to be seen how much he got it for free, but in March this year, this little head was sold for 4,200 ether coins for about US$7.5 million. For a small head, the current average price is $20,000.
The price of the tenth place is also about US$720,000, and the third place is called crossroad. The original author is Michael, the creator of firstfivethousanddays, who was ranked first, and he changed hands of this work at the end of last year. Then just four months later, the first buyer sold the crossing again for ten times the price, with the final sale price being $6.6 million. And what’s very interesting is that this digital work is actually a piece of cake.
In fact, the concept of NFT is not new this year. Coloredcoins, which appeared as early as 2012, were called the earliest NFTs. In 2014, the earliest example of gold coins operating in the art market based on the Bitcoin blockchain appeared. Until 2017, Ethereum became Countparty, the largest application integration platform for cryptocurrency with Syrian. At that time, someone had already built a trading website for digital works on this platform, forming a cryptocurrency platform and development ecosystem.