NFTS has captured the attention of businesses and customers globally, so in this article, we compiled the 20 most expensive NFT ideas for artists to make money in 2023. Kindly read ahead.
Bored Ape Yacht Club
This is similar to CryptoPunks; this Bored Ape Yacht Club is a collection of 10,000 algorithmically generated unique avatars.
Developed by Yuga Labs, ownership of a Bored Ape yacht represents more than just possession of a collectible and bragging rights.
The Ape token doubles/multiplies as membership to a virtual club full of like-minded Apes.
The club donated $850,000 to the Orangutan Outreach charity, and a set of 101 Bored Ape NFTs was auctioned off at Sotheby’s for a whopping $24.4 million recently.
Louis Vuitton video game
Louis Vuitton’s entry into the world of Non-fungible tokens (NFT) was unique, and it is one of the NFT ideas for artists to make money n 2023.
They built and developed an entire video game known as Louis: players can complete challenges in the game to find hidden NFTs. These hidden NFTs in the game include ten artworks by Beeple.
In the NFTS world, burning means destroying an NFT. The burning of 1 NFT is usually used to create scarcity and also raise the value of other NFTs.
The Blockchain firm Injective Protocol took burning NFTs to a new level earlier this year. They bought a ($95,000) Banksy artwork with the title Morons and burned it.
They filmed the burning of this artwork and sold it as an NFT. This is another NFT idea for artists to make money in 2023.
New York Times Article
A great NFT idea for artists to make money, In March, During the peak of the NFT mania, journalist Kevin Roose wrote an article about non-fungible tokens (NFTs) for the New York Times. The article had one twist, and it was auctioned off as an NFT.
Much to Roose’s surprise, this article sold for $560,000 at auction.
Charlie Bit My Finger
With more than 880 million views on YouTube, Charlie Bit My Finger is one of the most viral iconic videos of all time.
Fourteen years after the video was uploaded, the creators took the video off YouTube and put it on the blockchain instead.
The original video was sold out as an NFT for $760,000 at auction. The family says the fund will go to funding the two young boys’ university costs.
Axie Infinity is making trends with its play-to-earn (P2E) model, which is making gamers real money.
It has gained popularity over the past year, particularly in developing countries, because who doesn’t wish to make money just by playing video games?
It is inspired by Pokémon, and the game is based on breeding, buying, and training Axies to send into battle. These Axies themselves are NFTs, and through battles, the players can earn SLP (a cryptocurrency) to be sold on a certain secondary market for real money.
With over $one billion traded on the Axie platform, it’s one of the world’s most valuable non-fungible token (NFT) projects.
Vee Friends is 1 of the few NFT avatar series that has taken hold in the NFT conversation, rising up in value on the secondary market.
The VeeFriends are the brainchild of Gary Vaynerchuk. These are a collection of NFTs inspired by the traits in humans that Vaynerchuk admires very much. These include:
- The Insightful Irish Terrier
- Sensible Sommelier
- the Prudent Polar Bear.
Like the Bored Ape Yacht Club tokens, VeeFriends are more than just an ordinary image. They represent the membership to a community of like-minded individuals.
Buying a VeeFriend grants admission for three years to VeeCon, a multi-day conference run by Vaynerchuk that focuses on business, marketing, creativity, and also entrepreneurship.
Carbon Negative NFTs
Artist Imogen Heap developed the first NFTs sold and branded as carbon negative.
Heap donated a portion/part of the sale to carbon capture company Nori, removing 20 tons of carbon from the atmosphere.
It was Created by Terra0; this NFT is a scan of a forest in southern Germany. It is linked to a system that monitors NASA’s annual average temperature report, and when or if the global average temperature approaches two degrees above the pre-industrial average, the NFT will burn itself (self-destruct).
On a lighter note: have you tried the Pringles’ newest flavor?
This year, the crisp giant released its own limited edition NFT known as CryptoCrisps.
Mark Cuban’s inspirational quote
Mark Cuban, a billionaire entrepreneur, who made a not-so-small fortune from the dot-com bubble, has made a foray into web 3.0 by getting involved in NFTs both behind the scenes and also on center stage.
He created his own NFTs this year, including an inspirational quote which sold for a modest $1,700.
Earlier this year, an Argentinian designer called Andres Reisinger sold ten pieces of virtual furniture as NFTs.
The surrealist furniture, most of which Reisinger describes as ‘impossible objects,’ is designed to be kept in any metaverse. Five of the items were accompanied by the promise of real-world replicas. But for the others, the owners can only display the NFTs in their virtual homes or hold and also resell them.
Elon’s hesitance did not stop his ex-partner, the musician Grimes, from selling her own NFT series, which was titled WarNymph. This series is a surrealist artistic fugue joining tech-pop, science fiction, and Greek mythology.
This collection made the artist $5.8 million within 20 minutes, a portion of which was donated/given to a nonprofit organization that was focused on the reduction of carbon emissions.
GourmetNFT is a marketplace that permits professional and home chefs to upload their recipes onto the blockchain and then sell them as NFTs.
The iconic picture of a Shiba Inu dog called Kabosu (AKA Doge) was sold as an NFT for $four million USD this year.
This made the Doge the most valuable meme globally. She’s a good dog; she deserves it.
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Smells like Blockchain
Berlin-based Look Labs built the world’s first digital fragrance.
After making a real perfume named Cyber Eau de Parfum, the company recorded the molecular wavelengths of the perfume to create digital artwork. They put ten editions of the digital fragrance up for auction as NFTs. This is another great NFT idea for artists to make money in 2023.
Kings of Leon’s When You See Yourself
The American rock band Kings of Leon got in on the NFT action by publishing their latest album as an NFT.
The band made $two million in sales from the NFT album, selling over 7000 copies, and also six ‘Golden tickets’ which grant the owners four front-row seats for life at every King of Leon tour.
Paris Hilton’s Planet Paris
The Paris Hilton is a surprising advocate for the NFT movement. Paris Hilton has written thought pieces about NFTs, discussed them on The Tonight Show with Jimmy Fallon, and even developed her own NFT series.
Planet Paris was made in partnership with Blake Kathryn and included a short series of videos that earned Hilton over $1 million in sales.
Bad Luck, Brian gets lucky.
If you have not found out by now, the NFT space reflects internet culture, with inclinations toward the amusing, the irreverent, and the iconic. It should be no surprise or new to you that memes have begun selling as NFTs.
Bad Luck Brian (whose real name is Kyle Craven) has been made fun of online since the year 2012. He got the last laugh, selling his iconic yearbook photo for $36,000 in MarchMarch.
Beeple’s $69 million sale
No article on NFTs space is complete without the Beeple’s historic $69 million NFT auctions.
The artwork, Everyday’s: The First 5000 Days, is not just only the most expensive NFT ever sold, but it is also the third most expensive artwork sold by a living artist and the first NFT to be sold at a fine art auction house.
The crypto world is fast-moving, but with the rising popularity of NFTs, it’s more difficult than ever to get one NFTs noticed.
Let’s have your view on the NFT ideas for artists in the comment section below.
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