Try Quests to earn cryptoNFT Crossovers
Introduction
For Ethereum, Optimism provides a Layer 2 scaling solution. It speeds up the Ethereum network and decreases transaction fees. Optimism is a step toward resolving Ethereum's scalability problem. The TPS, or transaction per second, rate of a blockchain network is a measure of its scalability.
Method
In this Dashboard are going to track the strongest projects tend to have the most crossover between them, and tried to found which projects have a wider mix of other communities. Moreover, we will try to identify which communities tend to provide the most signal that another NFT project. As well as identifying most active TOP NFT communities over time.
And for these purposes the following methods will be considered:
> * Filter TOP Optimism NFT collections based on market cap by using of optimism.core.ez_nft_sales table. > * Take a glance of overview of collections. > * Track crossover between collections > * Buyer activities on the other communities’ Collection
At the end, I tried to show the change of Sales volume and transactions count by Animated graphs
The selected period time and timeframe were past 6 month and weekly, respectively.
Note: To find the buyers activities on the other communities’ Collection you can select the collection’s buyers on the header tape by your own choice.
✍🏻 Conclusion
- For most projects, the maximum sales volume occurred when the number of sales transactions was less than 1000, as shown in the bubble chart to the left, which displays the distributions of sales volume based on sales transactions count.
- The sales of the best collections average between $100K and $1.2M.
- There are thousands of people interested in the most popular collections.
- There have been over 14,000 distinct purchasers of the mirror, compared to only 1845 sellers.
- Dope war hustlers, who make up the next diamond-handed society, have 3,345 buyers and 409 sellers.
- There is a great deal of duplication across the most popular collections on Optimism, and many of the buyers are only interested in acquiring NFTs from a small subset of the most popular NFTs.
- One of the most interconnected parts of the Optimism ecosystem is the Optimistic Apes community.
About:
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Author: HaM☰d
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Discord: 0xHaM☰d#8391
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Twitter: @arjmandi_hamed
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Email: h_arjmandi2012@yahoo.com
NFT Crossovers
The Aims of Dashboard:
Create a dashboard that shows the crossover between the Optimism OP NFT projects by market cap. Which of the strongest projects tend to have the most crossover, and which projects have a wider mix of other communities?
Which communities tend to provide the most signal that another NFT project will do well? As in, is there any alpha if you were to see a certain PFP buying another collection? Which communities tend to be most active in minting new collections? Which communities have are the most diamond handed on other projects?
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Hey there 👋!
Firstly, I appreciate you sticking with it until the conclusion.
I'm Hamed, a civil engineering Ph.D.
student interested in data analysis.
I've made many similar dashboards and visualizations since I started at Flipside in January.
Please take a look at my various contact details and let me know what you think.
:telescope: Findings:
- On September 19th, the largest sales volume in US dollars and the highest sales count were both seen for the top 10 NFT projects by market capitalization, as seen in the first two charts above.
- In Sep 10th, the optimism collection passed apetimism cumulative market cap and settled on second place.
- Total market capitalization of $684.9k, $618.5k, and $314.4k for Optipunk, Optimism, and Pessimism, respectively. the three most market cap ones.
- The total count of mirror’s buyers are too many more than sellers count with more than 6 times.
- The left animated graph show the growth rate of market cap over time.
:telescope: Findings:
- Above, you can see a bar chart detailing each collection's total sales volume, total sales, and total NFTs.
- The optimism collection, which sold for more than $975.1K, placed first.
- The distributions of sales volume dependent on sales transactions count are shown in the bubble chart on the left, and it can be seen that for most projects, the highest sales volume occurred when the number of sales transactions was fewer than 1000.
The following section shows the crossover between the Optimism OP NFT projects by market cap
I separated projects with more than 50 unique buyers to had a clear vision.
In the first graph of this subsection, we see the totality of all potential permutations of TOP NFT crossover users. In 725 wallets, the phrase "optimism, galaxy project" appears frequently.
The five most-shared items between the top-ten NFT libraries are:
> * mirror,optimistic explorer - get started nft with 725 wallets > * dope wars hustlers,mirror with 708 wallets > * optimism,project galaxy with 613 wallets > * optimism,optimistic explorer - get started nft with 572 wallets > * mirror,optimism with 567 wallets
Which communities have are the most diamond handed on other projects?
To answer this question I separated projects which have had unique buyer count more than sellers count and depict them in last above bar chart.
As can be seen the mirror have had the most diamond handed by more than 14K unique buyers in total against to 1845 unique sellers.
The next diamond handed community are belongs to dope wars hustlers with 3345 unique buyers and 409 unique sellers.
The following section show the Buyers activities on the other NFT collections.
As example, I found the mirror wnft optimism collective: hello word’s buyers tend to be active on the following shown projects on the graphs.
:telescope: Findings:
- The main destination for mirror wnft optimism collective: hello word’s buyers is optipunk collection with 58% of total volume sales.
- and 38% of sales transactions count for optimistic explorer - get started nft.
The following graph is an animated look at the pace of increase in sales volume and the number of transactions for common consumer travel destinations.
