Introduction

==Polygon is a side chain or Layer 2 solution to ETH==. With polygon, you don’t need to pay high gas fees to mint an NFT and is the best blockchain to launch an NFT project with high-frequency and low-value transactions

Questions

1. How popular are NFTs on Polygon?

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2. How many Polygon users started off with NFTs? Who made the most profit?

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Method

• ==the start date of the all analyzes is the beginning of the year==, except the total users that started with NFT, which I chose to calculate it for all time.'

• The data gotten with help of flipside_prod_db.polygon.udm_events and

  polygon.core.dim_labels table

• Here I presented the Sale Volume stats by two sections which are :

1. Total Volume In USD

2. Daily Volume in USD

   and these numbers and data belong to OpenSea

• The NFT transfers presented by daily amount for ALL NFTs and Total transfers for each Collection by bar graph.

• We assume here that the Users Who started with NFTs had to buy NFTs with their first transaction. And like Sale Volume, here Also we presented the unique Users starts by Total Number and daily Number

• the most profit users calculated like this:

  max(amount that user spent on selling-amount that user spent on buying)

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Information:

• in this figure, we show daily amount of NFT transfers between different addresses

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• there was a huge peak in the amount from middle of Apr until end of May

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• some programs use the NFT transfers to service they users and this affect the data and stats

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• if we see the amount of transfers bases on collections we can see there are 3 project that have a big amount of transfers, and we can assume these projects use NFT transfers AS service for their Users and DeFi

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• the gaming projects are very popular in polygon due to low fee, we can see the transfers amount decentral games and denetraland among the highest transfers amount

Information:

• number of users that trade or transferred NFT on polygon is 603K user

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• 8.81K user from polygon users started with NFTs

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• same AS NFT transfers amount, the number of daily unique users that trade and transfer NFTs had huge peak from middle of Apr until end of May

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• from the start of the year until the end of May, we had ascending stats in daily unique user

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• we presented here the 20 most profited Users from NFT-trading with Donut graph to show the percent and Value of profit. The profit value, of the most profited user is 231.969K USD

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Information:

• from late Jan to first days of May, we had a peak in polygon NFT Sale Volume on OpenSea
• AT May The Volume Fall hardly and the downside begins, and we can see that in the last month compare to rest of the year the Volume is very little
• The Total Volume for polygon NFT on OpenSea since the beginning of the Year is 10.24M USD

Sale Volume Stats

NFT Transfer Stats

Users Stats

Conclusion

• the popularity of NFT on polygon in the last month is not that much compare it to the rest of the year

• there are 8.81K users that started with NFTs on polygon

• the most profited user made almost 214K USD profit with trading NFT on polygon

• the gaming projects are very popular in polygon due to low fee

• many users attracted to NFTs on polygon from middle of Apr until end of May

Overview

here, we aim to provide this analyzes:

• Analyze The Sale Volume on OpenSea
• The NFT Transfers on polygon Chain
• information about the users that trade NFT on Polygon

Thanks For your time

Discord: Abbas_ra21