What is Flow?

Flow is a blockchain platform that originally was designed for gaming purposes, but has expanded since its launch in 2020. The flow blockchain enables fast, low-cost transactions and supports smart contracts. It powers blockchain applications including NBA Top Shot, a non-fungible token (NFT) offering. This blockchain is a Web3 platform powering next generation games, apps and digital assets chosen for its combination of scalability and usability for consumers.

Flow was built from the ground up as an alternative to slower, less user-friendly layer 1 blockchains with its own custom-built smart contract language, one optimized for creating and managing digital assets.

FLOW coin is central to the operational efficiency of the Flow crypto platform and its broad ecosystem. It is used to pay for services within decentralized applications (dApps) built on the network, and to enable the use, deployment, and creation of smart contracts for applications built on Flow.

What is Seussibles?

Dr. Seuss Enterprises, Dapper Labs, the company behind CryptoKitties and NBA Top Shot and Tibles, an NFT collectibles startup, have announced that they have brought the world of Seuss to the Flow blockchain with the launch of Seussibles.  

Seussibles is a digital experience for mobile and web that allows fans to own NFTs of Dr. Seuss characters, including The Cat in The Hat, the Lorax, the Grinch, and Horton while interacting with other users. 

Fans can visit the shop to purchase NFTs, which come in blind five-packs. Once fans have checked their pack, they can view their new acquisitions in virtual sticker books and place them on the wall in their "Room," where other users can see their collection.  Fans can also join the "Clubhouse" to chat with other fans about collectibles, visit "Trading" to barter and swap collectibles, and showcase and share their favorites on social media.  

Methodology

In this dashboard, we are going to deep dive into the Seussible NFT ecosystem on Flow and analyze numerous stats and data about this project’s sale activity and its buyers and sellers on the Flow blockchain.

The main table that we are going to use in this dashboard is flow.core.ez_nft_sales.

There are 2 distinct currencies for trading Seussible NFTs on the Flow marketplace, Dapper Utility Coin and Flow Utility Token. Dapper token’s price is equal to 1 USD but the Flow Utility token’s price is equal to the FLOW token, So, for calculating the sales volume, we have to convert the Flow Utility Token value to its equal USD price using flow.core.fact_prices table.

Moreover, for analyzing Seussible sales activity we have to filter our tables nft_collection to 'A.321d8fcde05f6e8c.Seussibles' and also consider only Successful transactions.

The minimum block_timestamp for Flow NFT Sales table is 2022-04-20, So, the below analysis is valid from this date on.

Overall Stats

According to the above data, total number of Seussible sale transactions on Flow is 12082 TXs. The number of traded tokens is 11685.

The total number of Seussible Buyers is 295 and there are 537 sellers. The interesting thing is that Sellers count is almost 2x more than buyers.

Total Seussible NFTs sale volume is $124,077.87. The average sale volume for these NFTs is $10.26 while the median amount is $4.

The minimum sale transaction on Seussibles is $0.334 while the maximum amount is $1960.

Also, we can see most number of Seussible sale transactions are done with less than $10 volume and transactions with $10 - $50 are on the second rank. ==the interesting thing is that transactions with more than $1000 volume are on the second rank.==

Daily and Over-Time Data

On the left chart, we can see the highest sale activity for Seussibles have achieved on 1st September and also 1st August 2022.

The total. trend line of sales and buyers and sellers is increasing over time and this is quite satisfying for this collection.

> During August, Meta CEO Mark Zuckerberg announced that Instagram had expanded its NFT support to 100 more countries in Africa, the Asia-Pacific, the Middle East and the Americas. As a result, more users can post digital collectibles minted on the Flow blockchain on Instagram. > > The high-profile integration helped FLOW surge 54% to reach an intraday high of $2.83 a token. Interestingly, the token's massive upside move accompanied a spike in its daily trading volumes, confirming some weight behind the bullish trend. 

So, this high activity during August and after that can be related to above announcement

On the left chart we can see there are more and more Seussible tokens being traded over time.

Moreover, same as previous chart, we can see highest number of traded tokens on 1st September and also 1st August 2022.

On the left chart, we can see quite positive increasing trend for Seussibles sales volume over time.

Moreover, we can see the highest spike of Sale volume on 15th September 2022.

==The interesting thing is that those high activities on 1st August and 1st September did not cause high spikes on Volume chart so their volume was not very high according to the left chart.==

On the left chart, we can see the daily number of Flow users who have made their first NFT Purchase transactions by purchasing a Seussibles token.

highest number of these users have achieved on 23rd August and the overall trend is slightly decreasing overtime.

And on the left chart, we can see the daily number of Flow users who have made their first NFT sale transaction by selling a Seussibles token.

highest number of these users have achieved on 23rd August and the overall trend is quite decreasing overtime.

Top NFTs

The NFT IDs 2013403, 4613879, 4467345, 2031691, 2000669, 331368 and 279167 was the tokens that have been traded more than all other tokens on Seussible (3 times).

Moreover, the NFT ID 221157 is the token with the most volume of total trades on it. this token is also the most expensive Seussible token because its total trades count is 1.

The NFT IDs 4613879, 4467345, 2031691, 2013403, 2000669, 331368 and 271967 are the NFTs that attracted the attention of most number of buyers (3 buyers).

While the NFT IDs 4613879, 4467345, 2031691, 2013403, 2000669, 331368 and 271967 are the NFTs that have been sold by most number of sellers (3 sellers)

Buyers

According to the above data, average purchase transactions by a Seussible NFT buyer is 41 and his/her average purchased tokens is 41 NFTs.

The average total spent volume on Seussible NFTs by buyers is $421.

There are 295 unique buyers who have made their first NFT purchase transaction on Flow with a Seussible NFT.

The average time between 2 purchase transaction by a Seussible buyer is 0.621 (less than one day).

==The above data shows the quite high activity of Seussible buyers.

The user address 0x6d72c3fb45b2306f is the one with the most purchase transactions (1150 purchases ) while the user address 0xfd12d427f4ac6afb has spent the most volume for purchasing Seussibles ($15.473k)

The interesting thing is that 0x6d72c3fb45b2306f with total 1150 purchase transaction is on the 3rd rank on the total purchase volume.

Also according to the above charts, most number of Seussibles buyers have performed between 2 - 5 purchase transactions. there is not much difference between different buyers types (by their purchases count) and this shows the ==high activity of Seussibles buyers.==

Moreover, the most number of Seussible buyers have totally spent between $10 - $50 volume for purchasing Seussible NFTs.

Sellers

According to the above data, the average sale transactions made by a seller on Seussibles is 22.49 and the average traded tokens by these sellers is also 22.49.

an Average Seussibles seller have gained $231.05 by selling tokens.

There are 537 unique users who have performed their first sale transactions on Flow blockchain with a Seussible token.

Moreover, the average time difference between 2 sale transactions by a Seussible seller is 1.574 days which is a low number but not low as buyers.

==From the above analysis, we can conclude Seussibles buyers are quite more active than Seussibles sellers.==

According to the above charts, most number of Seussible sellers have made between 2 - 5 (and 1 on the second rank) sale transactions.

Moreover, most number of Seussible sellers have totally gained $10 - $50 by selling NFTs.

Top Traders With Most Profit

For calculating profit and extracting the top Seussible traders, I have subtracted the total purchase volume of a Seussible buyer from his/her total sale volume, the result is the Net profit.

Based on the left chart, the wallet address 0xc7b623da7b9cb7e4 is by far the top Seussible trader with the most profit from trading this collection’s tokens. (earned more than $8659)

Summary and Conclusion

Based on the above analysis, the Seussibles NFT collection are growing satisfying over time in all terms (buyers, sellers, sales, volume).

There is quite high activity of buyers and sellers (especially buyers) on this collection since they are doing more and more transactions on these NFTs.

The Seussible NFTs are not so much expensive (maximum $1957) and this a good factor for its traders to sell and buy more and more Seussibles.

Discord: Ali3N#8546

The user address 0x44aaafd06a9a169a have performed most number of sale transactions on Seussibles tokens while the user address 0xc7b623da7b9cb7e4 have totally gained the most volume from selling Seussibles.

0x44aaafd06a9a169a is on the 6th rank of sellers with most gained volume and 0xc7b623da7b9cb7e4 is on the 5th rank of sellers with most number of sale transactions

Based on the above data, the average number of Seussibles sale transactions on a day is 119.62 and the average number of traded tokens is 119.35.

The average number of active buyers in a day is 18.3 while the average number of active sellers is 43.5. So, ==we can see there are quite more sellers than buyers in this ecosystem.==

Also, the average daily sale volume is $1228.49

On the left chart we can see the user address 0x6cecc75ebb287dcb has earned the most profit by trading one single token and the related token is #365157.

We can see our top overall trader 0xc7b623da7b9cb7e4 on this chart too that earned high profits by trading 5 unique tokens.