Top 5 Best NFT Project Sales this Week
The art world exploded with the rise of non-fungible tokens (NFTs), which are artworks minted into tokens that can be put up for sale on various platforms. This development provides digital asset creators a chance to seize ownership, distribution rights, and overall control over their works. Moreover, it gives artists around the world access to a global art collecting market with prices that can go up to millions.
Given the opportunities opened up by NFTs, creators, investors, and collectors may be looking to enter the world of asset tokenizing, and buying and selling. To get an idea of how big a scale this market has, here are the top 5 best NFT project and their sales this week, according to Cryptoslam.
Axie Infinity — $107,262, 243
Axie Infinity takes the lead with more than a hundred million sales over the past seven days. If you think this is impressive, you should know that this is actually 8.2% lower compared to last week’s figures.
The gamified NFT project snagged these tremendous sales with the help of 117,884 buyers using the Ronin cryptocurrency, a sidechain of the Ethereum blockchain. This project holds the highest sales of all time at $2,109,676,918.
Art Blocks — $32,716,451
Next on this list is Art Blocks, an Ethereum-based project that carries original generative art. IN other words, it generates unique works on the blockchain with the help of an algorithm, then puts them up for sale.
It currently has 1,502 buyers who spent more than 30 million in purchases. As of writing, the latest NFT sold on this project is High Tide #54 which cost $480.44 or 0.1666 ETH. This platform saw a 47.23% decrease compared to last week.
Galaxy Eggs — $26,905,156
Galaxy Eggs is another project that uses generative art in the form of sci-fi-themed eggs. It saw the biggest increase among the items in this list with a whopping 150.06% surge. In fact, it is the only one to see a positive change in sales among its peers.
This project has 3,399 buyers. All of the Galaxy Eggs can be purchased on OpenSea, with the highest being #3263 currently priced at 40,000,000 ETH or $114,714,800,000.
CryptoPunks — $25,005,112
CryptoPunks is one of the earliest examples of NFT projects in this list. It focuses on 8-bit style art composed of different characters with their unique qualities. Currently, there are 10,000 CryptoPunks characters.
This week, the project only saw transactions from 60 buyers, but the sales amounted to a little over $25,000. The latest transaction was the purchase of #7944 at $353,691.73.
Sneaky Vampire Syndicate — $20,067,579
Last on this list is Sneaky Vampire Syndicate, which works a bit like CryptoPunks. Each NFT features original Vampire characters. The unique part is each token gives the owner access to the fictional realm of The Syndicate.
The latest Vampire to be sold is Sneaky Vampire #5003 which went at $6,359.85, followed by Sneaky Vampire #7763 which was bought at $5,789.57.
The Takeaway
If you are into creating NFTs or collecting tokens, these top best-sellers can give you an idea. Just make sure that to protect your assets by registering them as non-fungible certificates (NFCs) on Artizyou and take advantage of the Blockchain Intellectual Property (bIP) system which offers plagiarism detection and legal consultation.
