Seasons in the City

    It’s autumn in the Northern Hemisphere. What season is it in the City of NEAR?

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    What Is NEAR Protocol (NEAR)? brief intro

    NEAR Protocol is a layer-one blockchain that was designed as a community-run cloud computing platform and that eliminates some of the limitations that have been bogging competing blockchains, such as low transaction speeds, low throughput and poor interoperability. This provides the ideal environment for DApps and creates a developer and user-friendly platform. For instance, NEAR uses human-readable account names, unlike the cryptographic wallet addresses common to Ethereum. NEAR also introduces unique solutions to scaling problems and has its own consensus mechanism called “Doomslug.”

    NEAR Protocol is being built by the NEAR Collective, its community that is updating the initial code and releasing updates to the ecosystem. Its declared goal is to build a platform that is “secure enough to manage high value assets like money or identity and performant enough to make them useful for everyday people.”

    Flux, a protocol that allows developers to create markets based on assets, commodities, real-world events, and Mintbase, an NFT minting platform are examples of projects being built on NEAR Protocol.

    soruce :

    Methodology

    In this dashboard i will analyze and show you Art district on NEAR and show you how activity there has changed over the past 90 days .

    At first ill show you some generic data about NFT sales on NEAR NFT market places and then ill deep dive into NFT sales specially over past 90 days to show how activity changed .

    Extra information :

    I will use near.core.fact_transactions table to get data and information about NFT sales on NEAR protocol .

    Sections of this board

    • Total and daily NFT sales over past 90 days .
    • Total and daily transactions of each NFT actions like nft_mint , NFT buy and etc..
    • Distribution of NFT sales on NEAR

    Section 1 : Total and daily NFT sales over past 90 days .

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    According to left chart about daily NFT sales over past 90 days on NEAR NFT market places we can see several sales pump in September and two pumps on first days of October .

    Highest sales at a single day submitted at Sep-24-2022 which total 8266 NFT sales submitted at this day .

    We can see overall NFT sales on NEAR NFT market places is growing since over past 90 days and these days we have little bit of growth since first days of chart .

    By looking at the left chart about daily unique users who buying NFTs on NEAR market places we can see these days number of users decreasing .

    Highest number of users who bought NFTs is at Sep-02-2022 which total 390 users bought NFTs at this day and total 5530 NFT sales submitted at this day according to previous chart .

    But we can see number of decreasing compare to first days of chart and compare to September .

    At the left chart we can see some huge pumps on NFT sales amount base on NEAR token on Sep-23-2022 and Sep-24-2022 and Sep-25-2022 which total 8.4k , 9.1k and 6k NEAR tokens spent to trade NFTs at these days .

    But we see little bit of decrease these days compare to first days of October .

    Section 2 : Total and daily transactions of each NFT actions like nft_mint , NFT buy and etc..

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    According to the left chart we can see nft_mint is most popular action on NFT market places since Sep-11-2022 which we can several pumps on September and October .

    These days since Oct-07-2022 nft buys decreased little bit .

    Highest number of NFT buys submitted at 5 days in row at first 5 days of September 2022 which is highest number of nft buys over past 90 days .

    Observations

    According to 6 above charts about distributions of each action we can see NFT_MINT is most favorite action for users on NFT market places of NEAR .

    Second popular action is NFT buy with total 50k NFT sales if we sum up NFT_BUY and Buy action .

    We can see total 148K NEAR tokens spent to buy NFTs so far .

    Most popular action with most users is NFT buy if we sum up buy and nft_buy actions with total 5193 unique users .

    And finally we can see nft_transfer is second most favorite action with most of unique users with total 3410 users transferred NFTs so far , we see total 25.8K NFT_transfers submitted so far .

    At the left char about unique users of each action we can see users of every action decreasing at these days since October 2022 .

    Also we can see nft_mint and nft buys is most popular action for user at these days .

    And we can see at first 5 days of September number of users who buying NFTs was highest since over past 90 days .

    By looking at the left chart about amount of NEAR token on each action over past 90 days we can see add_offer is most popular action .

    We see amount of NEAR token on nft buys decreasing since Sep-15-2022 and nft_mint getting more popular since last days of September which at 22th,23th,24th and 25th September 2022 nft_mints was dominating over past 90 days and reached to 8k NEAR token at 24th September .

    Section 3 : Distribution of NFT sales on NEAR

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    According to the left chart about daily distribution of NFT sales on NEAR NFT market places over past 90 days we can see several pumps on [1 - 10 ) price range at 22th,23th,24th and 25th September 2022 which total 8027 sales submitted at this price range at 24th September 2022 which is highest number of sales over past 90 days .

    After several pumps at NFT sales at first days of October 2022 we see sales on every price range decreasing these days .

    Conclusions

    According to all data , visualizations and information we saw in this dashboard we come to these conclusions :

    We saw total 38k NFT sales submitted at [1-10) NEAR price range over past 90 days according to chart distribution of NFT sales over past 90 days and share of this price range is 31.6% of all NFT sales over past 90 days which if we compare this to share of this price range on overall distribution of NFT sales with share of 21% we can see NFT sale over past 90 days on this price range growing thanks to several pumps at September and Oct-05-2022 , but after this pumps we can see these days ( since Oct-08-2022 ) NFT sales reducing on all price ranges .

    If we focus on distribution of NFT sales charts we can see share of price range [10-20) NEAR reduced over past 90 days compare to overall chart which in overall chart we can see share of this price range was 3.4% but at this over past 90 days chart we can see share of this price range reduced to 1.9% , Also this situation is the case for more than 20 NEAR price range .

    We saw also number NFT buyers over past 90 days was decreasing according to daily unique NFT buyers chart .

    Thanks for reading .

    Twitter tweet for this dashboard :

    The Arts Districts