Introduction to NFT

A non-fungible token (NFT) is a distinctive identifier that may be used to assign and establish ownership of digital assets using cryptography. To claim that NFTs or digital artwork are popular would be an understatement given that they have sold for millions, if not tens of millions, of dollars.

Through online exchanges or marketplaces, you may purchase, sell, trade, and create NFTs. Price can be set by the original creator or the current owner. Alternately is that users might have to place a bid on the NFT in an auction.

This Mega Dashboard enables viewers to examine the details of the Optimism Secondary NFT Marketplace. Please select the Periodical and Starting_Date in the Parameters column to apply all visualisation.

Approach

1. Table Used: optimism.core.ez_nft_sales
2. All NFT sales volume will be calculated in USD volume instead of ETH or OP.
3. NFT Buyers will be split into daily Active Users and New Buyers. New Buyers calculation only accounts for user’s first NFT purchase. Therefore, there will be no duplication wallets.
4. Starting_Date format = YYYY/MM/DD
5. Default Starting_Date = 2022-01-01

Topics

1. NFT Sales Volume
2. NFT Sales Transactions
3. NFT Active & New Buyers
4. Platform Details

NFT Sales Transactions

NFT Active & New Buyers

Dashboard created by:

Twitter: @rykcrypt

Discord: Rayyy#4817

Platform Details

NFT Sales Volume

• As can be seen from the metrics above, Optimism secondary NFT marketplace saw a huge spike in the month of September.

• There were new highs created across all metrics on September 21st with 3,135 daily users, 1,748 new users, 4,401 sales transactions and generated more than 500k in USD sales volume.

• This shows that Optimism secondary NFT marketplace is growing rapidly especially in the current bear market.

• Since the start of 2022, Optimism NFT marketplace has generated more than 4 million USD in sales volume.

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