NFTs
What survived the fastest asset-class bubble on record: a handful of collections trading like illiquid art, and the parts of the technology that became infrastructure.
Desk data as of 2026-09-08 · Invest Alternative radar
NFTs sub-index · accruing history
Target weight 1.7% of the IA Composite · accruing history — CoinGecko floors live
The guide
The guide
Investing in NFTs
A Bored Ape floored at $430,000 in April 2022. It floors at $16,935 today.
Inside · 24 sections
The fastest bubble on record · Floor price is the only price · Wash trading, and how it is measured · A worked example: $10,000, three years · The IA view
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Articles
4 on nfts · free to read
Guide·
Investing in Bitcoin Ordinals
Ordinals put NFTs on Bitcoin without changing Bitcoin; the market that followed shrank to a handful of collections.
39 min read
Guide·
Investing in CryptoPunks
Ten thousand tokens, nine Aliens, a 2017 contract that charges no fee: what a Punk costs to own.
40 min read
Guide·
Investing in Generative Art
Algorithmic works minted on-chain are the NFT segment art institutions kept: a short canon, priced in ether.
47 min read
Guide·
Investing in Tokenized Real-World Assets
A token is a claim on something off the chain, worth exactly what redeeming it is worth.
43 min read
Recent sales and data
As of 2026-09-08
Data we track
The observations the desk collects each day, unadjusted. Change is against the prior observation, so a monthly series shows a monthly move. Each row carries the date of its last observation.
| Series | Trend | Latest | Change | Source | Last |
|---|---|---|---|---|---|
| Azuki floor5 obs | $1,784 | -1.65% | CoinGecko | 2026-09-08 | |
| Blue-chip 24h volume7 obs | $566,125 | +0.60% | CoinGecko | 2026-09-08 | |
| Bored Ape Yacht Club floor7 obs | $16,935 | -1.02% | CoinGecko | 2026-09-08 | |
| CryptoPunks floor7 obs | $74,352 | -0.31% | CoinGecko | 2026-09-08 | |
| Pudgy Penguins floor7 obs | $9,189 | -2.17% | CoinGecko | 2026-09-08 |
Also in Cultural Assets
Objects whose value is scarcity plus attention: art, wine, cars, cards, luxury goods and watches, and NFTs.
Fine Art
The most spectacular prices in finance, and a real return of about 2.4% a year before costs.
Fine Wine
A €30B market whose supply shrinks every year and whose returns have trailed equities since 1900.
Collector Cars
Two cars sold for $25.9 million. The median car sold for $26,513.
Sports Cards & Trading Cards
A hobby-box pull sold for $11 million. The median card on eBay sold for $1.25.
Luxury Goods
One handbag sold for €8.6 million; almost everything else loses money once it leaves the boutique.
New to the field? Start with The Ultimate Guide to Alternative Investing — What the wealthy quietly own: fourteen markets, one guide.
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