How NFT World Ends 2021?
In 2021, the world of NFT has become especially popular not only for collectors, but also among traders and investors.
The term NFT became so popular that even the Collins Dictionary announced the acronym as the word of the year, and NFT searches on Google hit an all-time high.
Which collections were the most popular and long-awaited in the NFT world in 2021, according to Cointelegraph?
The first CryptoPunks collection was released in 2017. Larva Labs released all 10,000 punks for free to Ethereum users, and since then, the popularity and value of CryptoPunks in the secondary market has skyrocketed.
In June 2021, alien punk was sold at Sotheby’s for $11.75 million. In August, Visa acquired CryptoPunk for $150,000 for its corporate collection, and Hollywood agency UTA signed an agreement to use CryptoPunks in mainstream media.
At OpenSea, the CryptoPunks collection had the highest trading volume with 756,984 Ether (ETH) ($3.03 billion). Its growing value and historical significance make it the finest NFT collection.
Bored Ape Yacht Club
The collection with the second largest historical trading volume on OpenSea is the Bored Ape Yacht Club, or BAYC, with 266,843 ETH ($1.07 billion).
In September, Sotheby’s sold the 107 NFT BAYC collection of 101 bored monkeys and six mutant monkeys for $24.4 million.
On December 21, NFT Bored Ape Yacht Club surpassed CryptoPunks’ minimum price, indicating for the first time an optimistic public sentiment about the future of BAYC.
NFT artist Mike Winkelmann, better known as Beeple, holds the record for the first and second most expensive digital art pieces sold in public auctions and off-chain as of November 2021.
British auction house Christie sold Beeple’s “Everdays: first 5000 days” in March 2021 for $69.3 million, and in November “HUMAN ONE” sold for $28.9 million.
Axie Infinity has broken records as the game became the first DApp to surpass $2 billion in NFT trading volume this year, according to DappRadar’s industry report for the third quarter. However, Axie lags behind CryptoPunks in trading volume.
In November, the NFT land in the monster battle game was sold for a lucrative 550 ETH ($2.3 million).
Axie Infinity was first created in 2018 and is currently leading the gaming sector as a pioneer of the “play to make money” or P2E movement.
NBA Top Shot, Dapper Labs
The popular NFT fantasy basketball game NBA Top Shot first launched in late 2020. This is the first of its kind sports collectible game in which users can collect, trade and sell cards in the form of NFTs.
Officially licensed by the National Basketball Association, NBA Top Shot was created by Dapper Labs and is built on the Flow blockchain. Historical trading volume, according to DappRadar, is $750.4 million. The top three selling NFTs are LeBron James’ NFTs from the 2019-2020 season. Los Angeles Lakers.
VeeFriends is backed by entrepreneur Gary Vaynerchuk, also known as Gary Vee, as an artist and founder of the project. His hand-drawn animal doodles sold at auction in May for $51 million in its first week. After 90 days, VeeFriends had $91 million in revenue. For an additional $40 million, Vaynerchuk received a 10% royalty on each secondary transaction. In October, Christie’s auctioned five VeeFriend characters for $1.2 million.
The VeeFriends collection consists of 10,255 NFTs, each representing intellectual property. The advantage of owning a VeeFriend is a three-year pass to the multi-day VeeCon superconference.
FLUF World is a set of metaverse-ready 3D avatars called FLUFs, living as NFTs on the Ethereum blockchain.
Users can purchase a virtual property called Burrows, which serves as a meeting place for FLUF and other metaverse avatars. The latest addition to FLUF World includes 9,669 Party Bears that sold out within 10 minutes of the drop.
Jadu AR Inc.
Singer Grimes, seven-time Formula 1 world champion Lewis Hamilton and legendary American rapper Snoop Dogg have partnered with augmented reality developer Jadu to create a series of rare NFT Jadu Hoverboards that allow players to fly over augmented reality within the metaverse.
The collection consists of 6666 NFT hoverboards. The first, consisting of 1,111 Jadu jetpacks, sold out in 20 seconds for a total trading volume of 2,632 ETH ($10.5 million).
The Jadu Hoverboard collection has also made a splash with a total trading volume of 1,873 ETH ($7.5 million) since its inception.
According to CryptoArt, an anonymous artist pseudonym Pak has become one of the top NFT artists with a total value of $321 million in art sold in 66,319 pieces. The author’s works are known for their sophisticated combination of futurism and spatial depth intertwined with geometry.