Yuga Labs sells the most expensive NFT in 2022
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SNEAK PEEK
- Yuga Labs collections have accounted for most of the best NFT purchases this year.
- On March 2, a Ukrainian flag was auctioned for $6.8 million.
- Transactions involving NFTs with unique characteristics have resulted in a few anomalies.
The number of transactions and sales has decreased as the price of Ethereum has fallen and the bear market has begun. NFTs have had a challenging year. Regarding online revenues, January of this year set a new high.
NFTs have garnered a larger audience due to the social media platform Reddit’s release of collectible avatars; however, the business has refrained from labeling the items as NFTs.
The NFT MoonPay purchased the BAYC in February for 569 ETH, or just about $1.6 million. The piece is tied to their covert but contentious concierge service, which promises to acquire high-priced NFTs on celebrities’ behalf.
An NFT of the Ukrainian flag sold for $6.8 million on March 2. It donated the money to Come Back Alive, which provides supplies to Ukrainian soldiers and citizens.
Clock, a partnership between Assange and NFT artist Pak, was purchased by AssangeDAO, an organization pushing for Assange’s release. They raised $52.7 million in public donations to make the ultimate offer of 16,953 ETH.
CryptoPunk was bought in April for approximately $1.6 million. SpyKid currently owns 10 Punks worth 1,409 ETH ($1.7 million). On July 12, it traded one Punk #4464 for 2,500 ETH. The account has 22 punks.
In January, one of the CryptoPunk was auctioned off for about $3 million for a Zombie Punk. In February, the cowboy hat-wearing punk traded for an astonishing 2,501 ETH, which is $7.28 million. CryptoPunk #5822 became the most costly NFT in 2022. Deepak Thapliyal, CEO of Chain, purchased the NFT in February for 8,000 ETH (then $23.7 million), which is the most expensive NFT in Yuga Lab’s 22.
Moreover, the Otherdeed for Otherside NFT was bought in May for $1.57 million from n0b0dy. On April 30, “other deeds” were coined. There are 200,000 in total, half reserved for people who helped grow—the 625 ETH is $757,000 at today’s prices.
Mirandus is a Gala Games-powered NFT collection. It sold for $5.3 million in February. The gaming NFT is one of the collection’s approximately 8,000 NFTs that may be used to play and win prizes.
The post Yuga Labs sells the most expensive NFT in 2022 appeared first on Today NFT News.
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