NFTs, or non-fungible tokens, are growing in popularity as investors and collectors want to take part in the latest blockchain craze – and some of the prices to pay for these coins are: foolhardy. 4,444 NFTs have grown in popularity throughout 2020 and 2021, with multi-million dollar art collections selling as digital jpegs and some of the biggest influencers and celebrities around the world are joining in the action.

Some of the most expensive pieces of art you can buy are from collections like Bored Ape Yacht Club and CryptoPunks, despite what outsiders think the number. But which one is the most expensive? Let’s take a look.

( Note: Because of the volatile nature of the Ethereum blockchain, prices are in US dollars. Prices are based on the Ethereum price at the time of sale.)

 10. CryptoPunk #5217 – $5.59 million

The only Cryptopunk Ape on this list is #5217. In CryptoPunk #5217 we see a monkey wearing a knitted hat and wearing a gold chain, both desirable features. Number 5217, the 34th rarest Cryptopunk on the market, ranks 34th according to rarity. tools, so expect this to continue to rise in value.

9. Beeple’s Ocean Front – $6 million

BeepleOcean Front is Beeple’s third most expensive work to date. The price tags on Beeple’s work show that he’s one of the most renowned and respected digital artists. He has two works in the top 10, with Ocean Front depicting a combination of giant containers, a trailer and a tree, towering in the middle of the ocean.

8. One XCopy Coin for Ferry Driver – $6,034 million

One of XCopy’s first coins, “A Coin for the Ferryman” launched in 2018, but sold for over $6 million on November 4, 2021. The coin is a combination of The faces are scribbled on a colourful background, with GIFs making it sure to be unique and something owners can brag about proudly. After all, there may never be another room like this.

7. Carrefour de Beeple – $6.6 million

Beeple`s Crossroad is just a 10-second short, depicting people walking past a large corpse with insults on it. People works are highly regarded because they offer something a little different from the classic NFTs you see – and the price speaks for itself.

6. CryptoPunk #7804 – $7.6 million

However, another Cryptopunk has been added to the list. We need to add another one CryptoPunk to the list, but certainly not the last,#7804 is one of nine “Alien” CryptoPunks, with a cap, tube, and sunglasses as well. This is something you would love to create when it first comes out.

5. CryptoPunk #3100 – $7.67 million

#3100 has become a much sought after NFT. A day after the sale of #17804, the #3100 became even more expensive than its brethren on March 11, 2021. 3100, another alien punk but this time with just a headband, is the seventh rarest CryptoPunk currently on the market.

4. CryptoPunk #7523 – $11.75 million

Among the most expensive CryptoPunks in the world. All of its CryptoPunk teammates are dwarfed by the #7523, the third rarity in the collection. It is also the most expensive. It now becomes a question of how much more they can be sold for with the two rarer CryptoPunks #7523.

 3. Beeple`s HUMAN ONE – $28,985

The Beeple is one of the most expensive NFTs ever sold, actually taking the top three spots on this list. The HUMAN ONE goes on sale on November 9, 2021, for just under $30 million, closely related to the previous play “Every day,” according to an interview with Christie’s. Talk about that…

2. Everydays : First 5,000 days – $69.3 million

Here’s another Beeple part and one of the most expensive NFTs ever sold to a single owner – and there’s a good reason for it. It is essentially a collage of 5,000 of Beeple’s works, and his artwork is widely known and respected in the community. Starting in 2007, he committed to creating one work of art a day, and that’s the result. Needless to say, it is worth it.

1. Pak’s “Merger” – $91.8 million

 Pak / NiftyThe Merge was purchased by 28,983 collectors for a total of nearly $100 million. The Merge officially became the most expensive NFT ever sold on December 2, 2021, with nearly 30,000 collectors rallying for a total cost of $91.8 million.

It’s the only NFT on this Top 10 list that has multiple owners, and it shows up at a crazy price. There’s no doubt that NFTs have become more and more popular over time, but it begs the question: how high is the NFT price cap? Needless to say, if you hold NFT, you can get quite a fortune.

Frequently Asked Questions (FAQs):

Cryptocurrencies are secure networks that expand the current file-sharing scenario. A cryptocurrency is a form of virtual or digital money that can be used to buy various kinds of goods and services. It is the most usable form of transaction in this new world of investment. Bitcoin is a popular cryptocurrency Hit an all-time high above $66000 this year. CumRocket Crypto ( CUMMIES ) were always on a chart of the investors who wanted to explore more in this crypto market.

CUMMIES Origin

CumRocket is a project (BEP-20 token) of Binance Smart Chain. It was introduced in April 2021, to construct a new volume on the 18+ adult content industry. In exchange for CUMMIES tokens, users can chat with anyone in the world, send text from every location, sext, make a new place by owning and subscribing to the content creators. Many other projects related to private content subscriptions and paid messaging are already popular but CUMMIES is now considered the most reliable and profitable place to invest.

It was designed to be a part of the certainly growing pornographic industry which is not only popular among the youths, to some extent – all over the world is trying to catch business opportunity through this.

Market of CumRocket

According to TechNewsLeader Price Index CUMMIES has a 24-hour volume of $10,549,332. The price value of it is changing by -5.9% every day. In the last 7 days, the price of cummies has fallen by 15.20%. The price declined by 6.70% in the last 24 hours.

Tech billionaire Elon Musk tweets the splash and a rocket emoji which is commonly used by CumRocket’s fans online, while he included a moon emoji signifying a price rising, direct“to the moon”. This shot the CUMMIES price up by nearly 400 percent in just 10 minutes. The price grew by 0.16%. The current price is ₹1.44865 per cummies. It is the most popular item right now which is acquiring a portion of the digital currency market.

CumRocket is 93.40% below the all-time high of ₹21.96. The current circulating supply is 1.3B (1,320,428,308.62) CUMMIES. A high market cap means the particular asset is highly valued in the market and CUMMIES is running on Rs. 1.8B.

How to buy CumRocket Cryptocurrencies?

This trend is recently spreading all over the globe. It’s very own 18+ NFT market is hunting for new content creators who can help in the growth of this platform. They can make it more enjoyable for adults.
To buy CUMMIES, one should go for PancakeSwap and most importantly CumSwap, CumRocket’s own exchange. Here CUMMIES can be bought against BNB tokens.

1. The First one has to open an account. Getting BNB tokens with cryptocurrencies is the first thing to do, so a Binance account will do. During that process id proof will be checked.
2. Metamask or Trust wallets will help to keep the personal keys safely. In the case of decentralized exchanges, transaction through Metamask is the best option.
3. To connect the Metamask with Binance smart chain conversation of BNB tokens is mandatory. One has to click on the dropdown and change from “Ethereum Mainnet” to “Custom RPC.” After that one needs to send those BNB tokens to the Metamask wallet.

• Network Name: Binance Smart Chain
• New RPC URL: https://bsc-dataseed.binance.org/
• ChainID: 56
• Symbol: BNB
• Block Explorer URL: https://bscscan.com

4.- Finally the purchase can be made. One has to connect the wallet to PancakeSwap.com. After clicking on trade, the swap section will be activated, and the search for CUMMIES will go on. Transactions can also be done in this step.

There is a VPN available in the market which can boost the speed according to convenience. It does not risk your digital data in any way.

Buying CumRocket crypto is still on a volatile stage, where the global market price depends on the publicity of the tokens.

What is an NFT? How do I buy one? Why would I want to buy a digital file that I can just copy in a second? Is it just another bubble? \we’ll cover these questions and more. Today’s topic is NFTs. 

What are NFTs, AKA Non-fungible tokens?

NFT stands for Non-Fungible Token, but what exactly is “Fungible”? Well, you can think of something fungible as interchangeable or as having no unique properties. So, for example, if I have a one-dollar bill and ask you to trade it with me for a different one-dollar bill, you probably won’t have any issue with that since they are basically two of the same thing.

 Meaning both dollar bills are fungible. However, if, by chance, you happen to have a rare dollar bill with unique markings or a unique serial number like, say, 12345678 or an actual binary serial number where all of the digits are either 0 or 1, you probably won’t be so inclined to trade it. These one-dollar bills are extremely rare and can be traded for up to 5000 dollars and more. 

In other words, these bills are non-fungible. They are unique and have specific attributes that distinguish them from the rest of the bills. So a non-fungible token is like a special dollar bill. It’s a digital coin that has unique attributes attached to it.

Fun fact, Bitcoin and many other cryptocurrencies are considered non-fungible in the sense that you can attach a certain history to a coin. Meaning, if a certain Bitcoin was used for illegal activity, it may be worth less than a newly minted Bitcoin with no history! 

Coming back to NFTs, they are basically unique coins, but what are they used for? Well, they are used to prove ownership of a certain digital file or a digital certificate of authenticity. Confused? Don’t worry, let’s break it down. When we look at a piece of art, a painting, for example, the original artwork is always much more valuable than its copies. And there are specific methods you can use to validate the authenticity of that painting. 

For example, receiving a certificate of authenticity. But when it comes to a digital file, how do you know what is the original and what is a copy? And does it even matter? Well, apparently, it does. In a similar way that people assemble physical art, digital goods are becoming very popular. For example, I can write an ebook and sell the first copy of it as an “non-fungible” token. 

Whoever buys it from me will have the right to say that they own the first-ever copy of my book. But here is where it gets tricky. You see, it’s not that I gave the buyer any rights to my book or anything tangible for that matter. I only gave the buyer the right to brag that they own the first copy. 

So unlike buying a painting in real life and taking it home, for example, with an NFT, you don’t have any power over the goods that you’re buying. That’s why it’s questionable as to how valuable NFTs actually are. I mean, a “non-fungible” token is worth only as much as the next guy is willing to pay for it. And if it doesn’t even exist in the physical world, well… some people find it a hard concept to grasp. 

How NFTs Created?

Now let’s talk about how a “non-fungible” token is actually created. First, a creator creates a digital good, an image, a video, a tweet, a website, or anything else that lives in the online world. The creator then creates a coin,v or more accurately a token, on a blockchain that supports smart contracts like Ethereum, Cardano, or Solana. This token holds within it information about the digital goods that are being sold. This information includes the token name, the token symbol, and a unique hash that proves the authenticity of the “non-fungible” token.

 Keep in mind that the digital goods themselves aren’t stored inside the token, only attributes relating to them. So while the NFT may point to where the file can be found online, anyone can use that link, and it’s not unique in any way. Furthermore, once the token is created, the creator can sell it to someone else, and that someone will be the new owner of that digital good. To sum it up, a “non-fungible” token is a token on a blockchain that acts as a digital certificate of authenticity. It can be verified instantly and also show the history of its previous owners. 

Characteristics

Aside from being non-fungible or unique, 

• NFTs are indivisible
• easily transferable
• fraud-proof
• and programmable. 

This means that “non-fungible” token creators can decide that royalties will be paid to them each time an NFT changes hands. 

Examples of popular NFTs

Some examples of popular NFTs include crypto punks – a collection of 10,000 eight-bit style pixel art images of… well… punks that are sold as “non-fungible” tokens, and their price has already surpassed several millions of dollars. Another example is NBA Top Shot – a marketplace where fans can trade NFTs of NBA moments. These moments are video clips packaged as an NFT, a bit like the trading cards we used to have back in the day. 

So using “non-fungible” tokens for sports highlights is another way players can make money by getting royalties when a Top Shot moment that they are highlighted in gets sold as an NFT. Additional popular examples include Jack Dorsey, the founder of Twitter, selling his first-ever Tweet as a “non-fungible” token and the artist Beeple selling an NFT of his work for 69 million dollars. 

Buying your first NFTs?

Now that we’ve covered the theory, let’s get down to practice – how do you buy an NFT? In general, there are two types of NFT marketplaces – centralized and decentralized. The centralized marketplaces allow you to sign up and fund your account using a credit card or other form of payment.

 For example, Nifty Gateway is a centralized NFT marketplace owned by the exchange Gemini. There, you can buy NFTs using your Gemini balance. On the other hand, if you want to make purchases through a decentralized marketplace, you’ll need a wallet compatible with the blockchain your “non-fungible” token was created on. For example, in Ethereum’s case, MetaMask is the most popular option.

From Metamask word, just remembered to remind you guys about what is Metaverse and NFT Combined! Check out this article on Metaverse to get more ideas about it.

 It’s a wallet built as a browser extension, and you can use it to log into decentralized NFT marketplaces such as OpenSEA or SuperRare. Once you fund your account or wallet, you can just buy or bid on different NFTs in the marketplace. In the end, a “non-fungible” token is just a coin, or token to be more precise, that is stored on your wallet just like any other cryptocurrency. 

Selling your NFTs?

Keep in mind that unless you’re an avid collector, you’ll also need to sell the NFT at some point, and the “non-fungible” token isn’t very liquid. In other words, they don’t always have a market of people who want to buy them, just like it might be hard to find someone who’ll pay thousands of dollars for a rare baseball or pokemon card. 

As you can imagine, this market is very hype-driven. This could lead to a situation where a person buys an NFT for millions of dollars only to find out that he can’t sell it later on since the interest in that specific “non-fungible” token is no longer there. 

What are the uses of “non-fungible” token?

So now we come to the question – if all a “non-fungible” token is basically bragging rights about a digital file, what can I do with it? Well, most people find some creative way to show it off. For example, some NFTs are displayed digitally across art galleries. Another innovative idea that’s been getting quite popular is to use a digital frame that can display the NFT and hang it up in your house. Alternatively, you can use a physical print of the NFT with a QR code next to it pointing to your proof of ownership on the blockchain. There are also online galleries inside virtual worlds that are used for displaying NFTs.

As you can see, the opportunities for displaying your latest digital artwork are abundant. But they aren’t used only for art. Actually, anything that is unique or needs proof of ownership can be created as an NFT. In simple terms, an NFT is a term used for tagging something in the digital world as your own.

 So anything that requires such tagging can benefit from the “non-fungible” token technology. For example, Decentraland ( MANA ) is a virtual world where people can buy digital land sold or used for advertising. Online games or Crypto games can use NFTs to prove ownership of rare digital items that players can then trade amongst themselves. Unstoppable domains, which we’ve covered in the past, use “non-fungible” token to establish domain names ownership. 

NFTs can also be used as collateral in DeFi instead of cryptocurrencies. It’s the equivalent of pawning something you own to get a loan in the real world. NFTfi is one example of a marketplace for NFT collateralized loans. As you can see, the ideas are endless. 

Are NFTs just a Bubble on Crypto Space? 

So are NFTs the next big thing, or are they just a craze like the 2017 ICO mania? It’s hard to say. On the one hand, it seems like everybody’s talking about NFTs, and all the big companies are moving into this space. On the other hand, it’s hard to wrap your head around the concept of people paying millions of dollars for digital proof of ownership without any claim in the real world. I guess only time will tell what the future holds for “non-fungible” tokens. That’s it for today’s article. Hopefully, by now, you know what NFTs are – cryptocurrency tokens that provide proof of ownership for a digital item.