The 50 biggest NFT sales worldwide as of March 16, 2021
Beeple's First 5000 Days digital artwork was by far the most expensive non-fungible token (NFT) sold in 2021 at the time of publication, with most other projects stemming from gaming and collectibles. Mike Winkelmann's piece was also significantly more expensive than other art pieces, with Hairy's #1/1 being sold for roughly 550 ETH (or 1,000 U.S. dollars) on March 14, 2021. Note the significant price difference between this piece and the collectible CryptoPunk 6487 on February 22: Both sold for around 550 ETH, but their value in USD varied significantly due to both the Ethereum price as the transactions cost for the cryptocurrency - something referred to as the Ethereum gas price. It is this price difference that increasingly led people in 2021 to see NFT, or non-fungible tokens, as a viable tool for investment. Indeed, the NFT market cap grew nearly ten-fold between 2018 and 2020.
