The collectibles world is moving and evolving with the digitization of assets. Non-fungible tokens are a mystery to many collectors, but that has not prevented these NFTs from seeing millions of dollars worth of weekly transactions. The Japanese artist Haroshi has recently launched new NFTs, and we have tracked the weekly sales data among the top NFTs as well.

The reality is that CryptoPunks and Meebits are still among the top current leaders in transaction terms (in dollars). There is also the Bored Ape Yacht Club and Art Blocks Curated in the mix.

Collectors Dashboard evaluates collectibles as an alternative asset class. This includes NFTs, even if it can be argued that NFTs would be “alternative within alternatives.” It is more than obvious that collectors with a passion to own an asset are competing directly against investors who have only a goal of making a profit. That said, if there are no guaranteed profits in the stock and bond markets then there are no no guaranteed profits in collectibles.

As for Haroshi, the Japanese artist is currently well behind the top volumes in NFTs.

The site NonFungible.com tracks the leading volumes with 716 CryptoPunks sold in the last 7-day period for $132.9 million. NonFungible also showed the following transaction leaders for the last 7 days:

• Bored Ape Yacht Club $64,475,655 (2,320 transactions)
• Art Blocks $50,828,440 (11,435 transactions)
• Meebits $34,864,153 (2,000 transactions)

The highest transaction price in the last 7-day period had 4 of the top 5 sales as CryptoPunks (see image below). The highest was $4.23 million.

The OpenSea rankings show that the volume over the last 7-day period is mixed among these 4 leaders. The volume for Meebits was up 288.7% and the volume for the Bored Ape Yacht Club was up 178%. OpenSea also showed that CryptoPunks’ volume was down 6.3% and Art Blocks Curated was down 15.6% for the last 7-day period.

As with all figures referenced herein, these will change based on the daily volumes.

There are 3 new NFts that were last seen on the lgnd.art site which have already seen multiple purchases. The “Middle Finger,” which is exactly what you think it is, had seen 5 editions purchased and the price was $8,888 (or ETH 2.8431 or WAX 50038.9029). Haroshi also had his “Free Hydrant” for $333 and “Skull” for $222.

In a recent interview, Haroshi was asked how he thinks NFTs will change the future for artists. His answer:

Artists have always had difficult and bitter experiences; they don’t get much profit from the art that is sold at high price at the auction houses, and they don’t have the rights for their past procuts like music or movies. I hope that NFTs will shift that dynamic and will help artists to share all the benefits of the art created.

There are many people who have still continued to dismiss NFTs even if there are two sides of the coin. The reasons for being critical are numerous and many of those reasons are fairly obvious. That said, it is also obvious that NFTs are still capturing the hearts of certain collectors and investors. It is also obvious that NFTs are no longer just being bought by individuals who want to prop up the value of digitized assets within the alternative asset class of collectibles.

The top 4 sales of the last week are shown by NonFungible.com.