OP OG NFT Introduction

OP OG NFTs are created with the intention of honouring Quix (the largest secondary marketplace on Optimism) users and remembering significant occasions in the Optimism NFT ecosystem.

Every week beginning on September 1st, Quixotic will release a new OP OG NFT collection, with certain Quix users being eligible to claim it.

Dashboard Introduction

In this dashboard, we will look at the OP Delegatoors NFT Collection. On September 22nd, Quix released OP Delegatoors NFT as part of their forth OP OG NFT Collection for 25,000 users that have delegated $OP in the Optimism governance fund. To begin, we will look examine the mint activity for OP Delegatoors as well as the sales activity of OP Delegatoors on Secondary Market. Finally, we will analyse NFT sales activity on Quix before and after the inception of OP OG NFT, to identify whether OP OG NFT has increased Quix sales.

Approach

1. Main Table Used: optimism.core.fact_event_logs, optimism.core.ez_nft_sales
2. OP Delegatoors mint date: September 22nd, 2022
3. OP Delegatoors NFT address:'0xac3b9b3f5956b52c448158c0a07ddfa9d5c53a3b'

Topics

1. OP Delegatoors Mint Activity
2. OP Delegatoors on Secondary Market
3. NFT Sales Activity on Quix Before & After the Inception of OP OG NFT
4. Conclusion

OP Delegatoors Mint Activity

• The metrics above depicts the details of the mint activity for OP Delegatoors NFT.
• As can be seen, after 2 days of minting, 24.99k of OP Delegatoors were minted out of the 25k total supply.
• The total minted percentage accounts for nearly 100%.
• Before minting OP Delegatoors, all of the top 20 minter wallets have delegated around 9 million OP.
• The top minter wallet delegated a total of 9.35 million OP prior to minting OP Delegatoors.
• Optipunk is the top collection spent by wallets that have minted OP Delegatoors.

OP Delegatoors on Secondary Market

• The metrics above depicts the details of the OP Delegatoors NFT on secondary market.
• We can see that OP Delegatoors generated less than 10k USD in sales volume on secondary market on most of the days.
• September 23rd were the most active day for OP Delegatoors with a total of 901 sales transactions, 621 buyers and generated a total of 22.55k USD in a single day.
• Since then, the sales activity of OP Delegatoors NFT on secondary market has plummeted.

NFT Sales Activity on Quix Before & After the Inception of OP OG NFT

Conslusion

1. OP Delegatoors Mint Activity:

   • Out of the 25k total supply, almost 100% of OP Delegatoors were minted.

   • Prior to minting OP Delegatoors, the top minter wallet delegated a total of 9.35 million OP.

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2. OP Delegatoors on Secondary Market:

   • On the majority of days, OP Delegatoors' secondary market sales volume was less than 10k USD.

   • September 23rd was the busiest day for OP Delegatoors. The secondary market's sales activity has drastically decreased following the peak.

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3. NFT Sales Activity on Quix Before & After the Inception of OP OG NFT:
   • Since the launch of OP OG NFT, Quix has experienced a considerable rise in sales activity.
   • In comparison to before the inception, the metrics demonstrated at least a fivefold increase in growth.

• The metrics above depicts the details of NFT sales activity on Quix before and after the inception of OP OG NFT.
• From the metrics above, we can observe that sales activity on Quix increased significantly since that inception of OP OG NFT.
• Before the inception, the daily sales volume on Quix were around 11.58k USD per day on average. While Quix had more than 50k USD generated after the inception.
• Furthermore, the daily number of sales transactions and NFT buyers displayed at least 5 times of growth when compared to before the inception.