NFTs had an up-and-down 2022. Some of these still sold for seven figures

by · December 27, 2022

NFTs had an up-and-down 2022. Some of these still sold for seven figures

NFTs had a rollercoaster year.

After reaching a total trading volume of nearly $6 billion in January, the excitement subsided, and total trading volume hovered near $1 billion in the third quarter, according to DappRadar.

But that doesn’t mean people have stopped buying NFTs. In fact, several of the most expensive ever sold in 2022, including these:

1st Hour — Julian Assange and Pak

Sold for 16,593 ETH/$20.1 million as of December 21st

Created by anonymous digital artist Pak, this NFT was sold in February to AssangeDAO. It reflects the number of days Julian Assange has been held in London’s Belmarsh prison. Proceeds from the sale were donated to help the WikiLeaks founder’s legal defense.

2. CryptoPunk #5822 — Larva Labs

Sold for 8000 ETH/9.7 million USD as of December 21st

Deepak Thapliya, CEO of blockchain infrastructure company Chain, bought the year’s most expensive CryptoPunk in February. The profile picture NFT has an alien with blue skin and a dark blue bandana. Among the 10,000 CryptoPunks in the collection, it is one of the only aliens. CryptoPunk NFTs are some of the oldest and most expensive on the market, with a total price floor of 63.5 ETH, or around $77,000.

3. CryptoPunk #5577 — Larva Labs

Sold for 2501 ETH/$3.03 million as of December 21st

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The CryptoPunk collection appeared again in the top-five most expensive NFTs of the year with this profile picture of a monkey wearing a cowboy hat. It was purchased in February by Robert Leshner, CEO of Compound Labs. A tiny 0.24% of the 10,000 CryptoPunks are monkeys, and only 1% of them wear cowboy hats.

4. Ukrainian flag NFT — UkraineDAO

Sold for 2250 ETH/$2.7M as of December 21st

More than 3,000 people contributed around $6.75 million at the time to buy an NFT of the Ukrainian flag in March, following Russia’s invasion. The effort was led by UkraineDAO, an organization formed by Russian art collector Nadya Tolokonnikova of Pussy Riot, NFT studio Trippy Labs, and PleasrDAO members. The decentralized organization donated the proceeds from the auction to Come Back Alive, a group that supports the Ukrainian army.

5. All Time High in the City — XCOPY

Sold for 1630 ETH/$1.9M as of December 21st

Purchased by anonymous collector @rarecollector3000 in January, this NFT by XCOPY depicts a mortal figure carrying a man across the River Styx.

This story was originally featured on Fortune.com

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