NEAR Tournament Round 1: The Arts District
What is a city without a thriving center for arts and culture?! Analyze the NFT scene on NEAR. Projects, marketplaces, sales volume, user analysis, artist deep dive - as long as you provide an insightful and comprehensive take on an element of NEAR’s NFT ecosystem.
Definitions
What is NEAR?
NEAR is a blockchain that has been built from the ground up to be high-performant, incredibly secure, and infinitely scalable all while supporting sustainability.
Simply put, NEAR is a layer one, sharded, proof-of-stake blockchain built for usability and scalability.
Why Build on NEAR?
- NEAR's proof of stake network is sustainable and certified carbon-neutral.
- Almost infinitely scalable and resilient to short-term usage spikes through sharding.
- Human-readable account names (
alice.near
instead of0x71C7656EC7ab88b098defB751B7401B5f6d8976F
) - Fast. ~1.2 second block production time.
- 1000x lower transaction fees for users.
- 30% of gas fees are paid out to smart contract developers.
- Interoperable with Ethereum using Rainbow Bridge (first trustless bridge ever created).
- EVM compatible with Project Aurora (Deploy your Solidity contracts with ease).
- Free educational courses with live teachers at NEAR University.
- Project funding is available through our Grants Program.
> Reference: New to NEAR?
Method
- Extracting all NFT sales info from
flipside_prod_db.mdao_near.transactions
table with parsing thelogs
, all the credits here go to dear Pinehearst#1947 - Calculating the weekly NFTs sales volume, buyers, and purchases
- Calculating the total NFTs sales volume, buyers, sellers, purchases, number of collections, and number of NFTs
- Calculating the top NFT buyers and sellers
- Calculating the top NFT collections by volume, number of sales, and number of buyers
- Calculating the top most valuable NFT in terms of the highest amount of $NEAR paid for purchasing NFTs
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Weekly NFT Sales Volume
- Comparing 2022 with 2021, we can see the actual prosperity of NFTs in the Near happened in 2022
- We can see an uptrend in NFT purchases volume in Jan 2022, which led the volume to reach its ATH on the week of Jan 31
- Then, it fell into a downtrend till mid-Apr
- The NFTs purchases volume went up again in the week of Apr 18 and after that, it got a downtrend until now
- The week of Jan 10 had the highest number of Weekly purchases with 13K
- The week of Jan 10 had the highest number of Weekly buyers with 3.7K
Top NFT Buyers
- As you can see, the top buyer spend 23k $NEAR for purchasing NFTs on Near, also bubbles shows that it had highest number of purchase among all these top buyers
- The second and third top buyers had 16K & 14K purchase volume in $NEAR, but their number of purchases are in the lower bond
- The 10th top buyer in terms of volume with 8.5K in $NEAR was the second top buyer in terms of the number of purchases among these tops
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Top NFT Sellers
- As you can see, the top seller earned 16.5k $NEAR for purchasing NFTs on Near, also bubbles show that it had a very low number of sales among all these top sellers
- The second and third top sellers had 11.2K & 11K earned volume in $NEAR, and their number of sales are in the mid bond
- The 5th top seller in terms of volume with 9K in $NEAR was the top seller in terms of the number of sales among these tops
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Top NFT Collections By Buys & Buyers
- We calculated the top NFT collections by number of buys and the top three bought 6.3K, 4.7K, and 4K times, and their pictures are provided above
- Also, We calculated the top NFT collections by number of buyers and the top three had 2.2K, 1.9K, and 1.8K purchasers, and they the same as top three by number of buys and their pictures are provided above.
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