Only a select few names are in consideration for being the best NFT artists in the world. One such name has sold almost $500 million USD in NFTs, been a pioneer of new approaches to NFTs, and has helped Julian Assange in his fight for freedom. That NFT artist is Pak.
Over the last decade, Pak has built game-changing products, created crucially-important art, and used their platform to drive impactful change.
Many regard Pak as having done more than any other to prove the ability for NFTs to drive real change – but how did Pak rise to the top of the industry, why are Pak’s works so prominent, and what could be seen in Pak’s future?
Here’s our complete guide to Pak, the distinguished NFT artist.
Key Insights
- Pseudonymous individual or team
- Debuted in NFTs in February 2020
- Sold The Merge for $91.8 million USD in December 2021
- Sold The Clock to AssangeDAO for $52.8 million USD in February 2022
- Considered to be, alongside Beeple, one of the most distinguished NFT artists in the world
Who is Pak?
Pak is a pseudonymous digital creator. Very little is known about Pak – even if Pak is an individual or a team of creators – though we do know that Pak has been largely active over the past 10 years.
The first known work from Pak came in 2014 – and ever since, Pak’s work has only continued to grow in notoriety, ambition, and importance.
As a trend, Pak’s NFTs focus less on aesthetics and more on using the medium of NFT collectibles to its fullest extent. Art-wise, these NFTs are typically algorithmically-generated or use geometric shapes – though rather than artistic value, it is often their ability to dynamically change based on real-world events that has enshrined them as some of the most important NFT artworks in the world.
The history of Pak
Pak’s earliest known creation was internet bot Archillect, which debuted in 2014. Archillect searches social media platforms and compiles fresh content with engagement as the priority. Over its history, it has grown to become a very popular tool over the past decade.
The NFT debut of Pak came in February 2020, minting Cloud Monument Dark on SuperRare. Despite the size of the NFT market at the time, Pak made an big impact, quickly becoming one of the biggest artists in the industry. Later in 2020, Pak is also credited with introducing Beeple to the NFT industry – who would later become the world’s biggest NFT artist.
Many of Pak’s early works either pioneered, or helped to popularise, many innovations in NFTs that are common today. These include time-limited sales, open editions, dynamic NFTs and many more.
In 2021, Pak created The Fungible – a 48-hour open edition NFT for Sotheby’s first NFT auction – raising a total of $16.8 million USD. Pak has enjoyed a long partnership with Sotherby’s, including auctions for The Pixel and The Switch, plus the launch of the Sotheby’s Metaverse in October 2021.
December 2021 saw Pak create their most prominent NFT to date: Merge. Available on Nifty Gateway for 48 hours, Merge saw buyers acquire “mass units”, with the art of the NFTs determined by the transaction data and the number of “mass units” that were purchased.
312,686 mass units of Merge were purchased by 28,983 buyers, collecting $91.8 million USD. If Merge is considered as a single NFT sale, this makes Merge the single most expensive NFT ever sold.
Pak followed Merge with the February 2022 series known as Censored, raising money in support of Julian Assange. One NFT in this collection, titled The Clock, counted the number of days that Assange had been imprisoned. The Clock sold for 16,593 ETH – worth $52.8 million USD at the time – to AssangeDAO, an online community of Assange supporters.
The success of Censored established Pak as one of the world’s top NFT artists, with a reputation for consistent innovation, meaningful works, and crafting real change.
Pak’s use of NFT technology has helped to legitimize the industry as much as any other innovation to date. By harnessing NFTs as a medium to fight for meaningful causes, Pak has uplifted the NFT industry as a whole, inspiring countless artists to do the same and shaping the industry we know today.
What’s next for Pak?
Though Pak’s presence in the NFT industry has fallen away in recent years, their impact is still felt prominently today.
The innovations that Pak helped to popularise have made a huge impact on where NFT art is today. These include time-limited sales, open editions, and the “mass units” introduced by Merge. Pak has continually pushed the boundaries – and has no doubt inspired many other artists to do the same.
Pak is situation at the very pinnacle of the NFT art industry – a space which few will ever occupy. Their passion, ambition and impact are renowned – and whatever may happen in future, Pak will always be known as one of the most distinguished figures in NFT history.
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