Open Analytics Bounty: Optimism (October 22) (Tally Ho NFT Collection)
A Deep Analysis of Tally Ho NFT Collection On the Occasion of Its Massive Growth During Recent Weeks.
Introduction
What is Tally Ho ?
Tally Ho is an open-source Web3 wallet that's free and easy to use. It was created and maintained by the same people who use it. It was created in response to the trend towards closed-source software that is corporate-owned and controlled in many of today's most popular cryptocurrency wallets. Actually, Tally Ho is the first fully open-source and community-owned and operated wallet. (Read More About Tally Ho)
Tally Ho NFT:
In September, Tally Ho launched its NFT collection on Optimism In partnership with Galxe on the occasion of supporting the Optimism chain.
Galxe is a leading Web3 credential data network in the world and A collaborative credential infrastructure enabling brands and developers to engage communities and build robust products in Web3. Actually, Galxe helps Web3 developers leverage credential data to build better products and communities. At the same time, data curators contribute to their credential data network while earning income once the data is utilized. (Read More About Galxe)
✨🔴_Optimism_🔴✨ support is now live in Tally Ho (woo!) and it’s time to celebrate.
During the past weeks, any user who has completed Tally Ho’s Optimissions would earn special achievement NFTs which is only available on Optimism. Each week, Users can unlock one NFT by completing that week’s Optimission. If the user completes all the Optimissions, he will unlock a bonus NFT too 👀
Users had to complete each task before the end of each campaign to collect all NFTs and also earn the bonus NFT. Tasks were some actions such as signing the Community Pledge, Following Tally Ho and Optimism Twitter accounts, retweeting stuff, joining their community call and staying for a specified time.
You can see a full list of its campaign (some still going on) in this link: . This project is working with some other famous projects and inviting its community to perform some interactions and complete some quests related to them. some of these projects are: PoolTogether, ThalesMarket Quix, Kwenta and … .

What is This Dashboard About?
During recent weeks, based on the Quix (Former Quixotic, the top NFT marketplace on the Optimism chain) stats, the Tally Ho NFT collection experienced a massive raise in its sale volume on this marketplace especially over the past week to the extent that this NFT project is now on the 4th place of top NFT performers (in terms of total volume) during recent 7 days. This project had almost 512% raise on its trading volume over this timespan.

On the occasion of this massive raise, We are going to perform a deep analysis of the Tally Ho NFT collection and also try to find out what was the main reason behind an even larger raise during the recent week.
For this purpose, we are going to mainly use optimism.core.ez_nft_sales table considering that the Tally Ho NFT collection contract address is 0x56fe60179c13b6492c6501d36e77ccd9fb86d7c2.
Overall Stats
According to the above data, the total number of trades on the Tally Ho NFT collection is 2440 Transactions made by 1633 buyers and 1464 sellers who have traded 2400 tokens with the total volume of 27.2k USD.
The average volume of sales is $9.92 and the median volume is $2.87. the high difference between these 2 can be because of (an) unusual trade price.
The minimum volume of sales is $0.13 while the maximum is $132.9 (high difference).
Also, we can see the most number of sales on this collection (almost 75% of total sales) is done with less than $10 and the other 25% are done with $10 - $100 price. There was only 1 sale transaction with more than $100 price and this can be related to that unusual activity that I have mentioned before (considering that the maximum volume of sales is 132.9$, the only sale transaction with more than 100 volume can be related to this )
According to the above charts, Token ID #11296 is the most expensive sold token on Tally Ho collection with 91.52 USD price.
Moreover, we can see the Token ID #8707 was the most popular token in Tally Ho that attracted both the most number of sales (20) and total volume of sales ($287.02) among all other tokens.
The interesting thing is that both of these tokens’ pictures are exactly the same! | Right Picture ====>
Based on the left charts, the average holding time of Tally Ho tokens by buyers is 3.86 days (less than a week).
Moreover, we can see most number of purchasers (63%) have totally held their NFT less than 1 day but there are other significant number of purchasers who have held their token for more days even more than 2 weeks.
Daily and Over-Time Stats
According to the above charts, there is a quite increasing trend in number of sales, number of traders, volume of sales, number of traded tokens and also the average volume of sales for this Tally Ho NFT project over time which is quite satisfying result for this NFT collection.
It is obvious on the charts that the most activity (most number of sales, active traders, most volume of sales and also most number of new purchasers) have achieved on 20th and also 21st October. On this date, there are almost equal number of buyers and sellers for this collection and the average volume of sales have also increased significantly.
But, What was the reason behind this spike? There was not an official announcement about this massive raise on Tally Ho Twitter account so this can not be because of an announcement or special even from the team. Moreover, there was not a specific campaign related to this day on the campaigns page, So, this also can not be because of campaign’s forcing to the users to perform trade activity for this collection.
In my opinion, this high spike is because there were multiple campaigns before this date (the week before) and the users could earn multiple tokens from completing campaign tasks, For example, users would be able to claim the Tally Ho NFT multiple times if they complete more than 1 Optimism quests on the Tally Ho x Optimism: Optimission - part 3 (Oct 6 - Oct 13) campaign, As we see on the link, the total number of Minted NFTs because of this campaign is 8902 which is quite high amount compared to the other campaigns. So, when they collected their tokens on the day before the 21st Community Call, they caused this massive activity on NFTs sales on these days.
According to the above charts, Thursdays (including 20th October) are the most popular days for Tally Ho NFT project sales activity on Optimism. This can be also a proof that maybe users earn their tokens on this day and perform trades with them on marketplace.
Based on the above data, an average Tally Ho purchaser has performed 1.494 sale transactions (1.674 traded tokens) with total 16.67 USD spent volume.
Moreover, we can see most number of Buyers have only purchased 1 token in 1 transaction and have totally spent less than $10 for buying Tally Ho tokens. the second rank belong to the users who have totally performed 2-5 transactions on 2-5 tokens and with total volume of $10 - $100.
The user address 0x3560e6ae93b34399c75a853704ac83e8102ca27b is the most active and famous purchaser of Tally Ho collection. this user have made most number of purchases (30), traded most number of tokens (108) and also spent most volume (1861.32 USD) on Tally Ho sales. You can see more details about this user (known as Dogkinp.eth) on this link (). We can see this user address is a famous NFT collector which currenlty holding more than 42k tokens.
Also based on the left charts, we can see DogKinp.eth (0x3560e6ae93b34399c75a853704ac83e8102ca27b) is currently holding the most number of Tally Ho tokens (all purchased 108 tokens). this user did not sell any purchased Tally Ho tokens.
Sellers Stats
The Tally Ho NFT collection has the most purchaser crossover ratio with the Mirror collection on Optimism. The second rank in this terms is the Optimistic Explorer NFT collection.
All of these collections are among the top NFT projects on Quix marketplace so we can not say the category of NFT projects with crossover with Tally Ho is the same as this collection.
Purchasers / Holders Stats
Based on the above data, an average Tally Ho Seller has performed 1.833 sale transactions (1.84 traded tokens) with total 18.6 USD gained volume. So, sellers are way more active than Buyers and also earned more volume than the spent volume by buyers.
Moreover, we can see most number of sellers have only sold 1 token in 1 transaction. We can see there is almost equal share of users who have gained Less Than $10 volume and gained $10 - $100 volume from selling Tally Ho tokens. this shows this collection is profitable for its users.
And according to the left chart, the user address 0xd9414e2b5ee3cada0d757fdec2fa2e9df3172705 is the most professional Tally Ho trader since he/she has earned the most profit (352.24 USD) from trading Tolly Ho tokens.
According to the above charts, the user address 0x840e7bf7a7c71d63d5e60c57edda92109a1ae293 is the most active Tally Ho seller with total 72 sale transactions and also traded most number of tokens (71 tokens) among all other sellers.
Moreover, we can see the user address 0x61290d01d6e26a2db80d9f4851076132f6581591 is the top seller with most gained volume from selling these NFTs (653.85 USD)

In an average day, there is 71.7 sale transactions on Tally Ho collection made by 54.6 buyers and 56 sellers with 801 USD volume.
Summary and Conclusion
- The most number of sales on this collection (almost 75% of total sales) is done with less than $10 and the other 25% are done with $10 - $100 price. There was only 1 sale transaction with more than $100 price.
- Token ID #11296 is the most expensive sold token on Tally Ho collection with 91.52 USD price.
- The Token ID #8707 was the most popular token in Tally Ho that attracted both the most number and total volume of sales.
- The average holding time of Tally Ho tokens by buyers is almost 4 days.
- The Tally Ho NFT collection has the most purchaser crossover ratio with top NFT collections on the Quix marketplace such as Mirror and Explorer projects. So we can not say the category of NFT projects with crossover with Tally Ho is the same as this collection.
- Tally Ho sellers are more active than their purchasers and they have made earned more profit from selling tokens that the volume that purchasers have spent for buying tokens.
- ==20th and 21st of October were the most active days for Tally Ho NFT trades and the highest spike of sales on this collection have achieved on these days. This high activity is because there were multiple campaigns before this date (the week before) and the users could earn multiple tokens from completing campaign tasks, For example, users would be able to claim the Tally Ho NFT multiple times if they complete more than 1 Optimism quests on the Tally Ho x Optimism: Optimission - part 3 (Oct 6 - Oct 13) campaign, The total number of Minted NFTs because of this campaign is 8902 which was a quite high amount compared to the other campaigns. So, the high activity of sales can be because of these earned tokens. The average holding time of less than 1 week (and also high number of users holding their token less than 1 day based on the above analysis) can be a proof to this behavior.==
- Thursdays (including 20th October) are the most popular days for Tally Ho NFT project sales activity on Optimism. This can be also proof that maybe users earn their tokens on this day and perform trades with them on the marketplace after a while.
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