- Who
- Cryptopunk #5822, Deepak Thapliyal
- What
- 23,700,000 US dollar(s)
- Where
- Not Applicable ()
- When
The most expensive NFT collectible is Cryptopunk #5822, a pixel art picture of a blue-skinned alien wearing a bandana. The item was purchased on 12 February 2022 for 8,000 Ethereum (valued at $23.7 million) by Deepak Thapliyal, CEO of Blockchain tech start-up Chain.
Cryptopunk #5822 is part of an NFT collectible series called Cryptopunks, created by Larva Labs. These are a collection of 10,000 generative artworks (created by randomly combining items from a set of pre-rendered assets – facial features, skin colour, headgear, glasses, etc.). Items such as this are generally considered to be a distinct category to NFT artwork, in which each piece is typically unique and created by a human artist.
Each CryptoPunk consists of a 24 pixel x 24 pixel portrait of a head. Along with the Bored Ape Yacht Club, they are considered the most prestigious NFT collections. The CryptoPunk NFTs have recorded $2,068,173,951 in overall sales since their introduction in 2017.
In mid-March 2022, Yuga Labs, the creator of Bored Ape Yacht Club, has made a major acquisition: the rights to the NFT series CryptoPunks and Meebits, both of which were created by Larva Labs. Yuga Labs now owns the two most valuable and prestige NFTs projects on the market – CryptoPunks and Bored Ape Yacht Club.
