Flow Trending NFT Projects

    In this dashboard, we review the dollar sales volume of flow nfts from May 6 until now and analyze popular collections.

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    Overview

    In this dashboard, I will answer this question from Flipside Crypto:

    • Q8. Create a visualization showing NFT sales volume on Flow since May 9th.
      • Which NFT projects are trending on Flow right now and what is the general trend of NFT sales over the last month?
      • Do the projects that are trending seem to have common wallets or is there not much crossover between buyers/sellers?

    Introduction

    Flow, the blockchain for open worlds ‍ ‍- Flow is a fast, decentralized, and developer-friendly blockchain, designed as the foundation for a new generation of games, apps, and the digital assets that power them. It is based on a unique, multi-role architecture, and designed to scale without sharding, allowing for massive improvements in speed and throughput while preserving a developer-friendly, ACID-compliant environment.

    • Flow empowers developers to build thriving crypto- and crypto-enabled businesses. Applications on Flow can keep consumers in control of their own data; create new kinds of digital assets tradable on open markets accessible from anywhere in the world; and build open economies owned by the users that help make them valuable.

    • Smart contracts on Flow can be assembled like Lego blocks to power apps serving billions of people, from basketball fans to businesses with mission-critical requirements.

    There are four pillars that make Flow unique among existing blockchains:

    • Multi-role architecture: Flow’s design is unique, allowing the network to scale to serve billions of users without sharding or reducing decentralization of consensus.
    • Resource-oriented programming: smart contracts on Flow are written in Cadence, an easier and - - safer programming language for crypto assets and apps.
    • Developer ergonomics: from upgradeable smart contracts and built-in logging support to the Flow Emulator, this network is designed for results.
    • Consumer onboarding: Flow was designed for mainstream consumers, with payment onramps catalyzing a safe and low-friction path from fiat to crypto.
    • for more information read here

    Method

    Chart & Analyze;

    > I used flow.core.fact_nft_sales table for this information.

    > I used the case command to separate the counter tokens.

    > I also used the SPLIT_PART function to separate contract markets and nft collections.

    > FACT_PRICES table was not updated, so I entered flow price manually.

    > I put my query in a CTE and multiplied the price table I made by the volume and got the dollar amount.

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    • The table above shows the volume of nft dollar sales from May 9 to the present.
    • On May 26, there is a jump and sales reached $ 2.1 million
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    • The table above shows the sales volume of each nft collection per day from May 9 until now.
    • The jump on May 26 is related to the PACKNFT collection, which sold $ 1.5 million on this day alone.
    • Some of the collections they have had on all days of the sales chart are:
    1. TopShot

    2. AllDay

    3. UFC_NFT

    4. RaribleNFT and ....

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    • The chart above shows 10 of the best-selling nft collections in the last month.
    • TopShot Collection is the best-selling and most trendy nft last month to date with sales of $ 14 million.
    • The AllDay collection, with sales of $ 3.6 million since May 9, is in second place and is one of the most popular collections.
    • PACKNFT is on our list with sales of $ 1.5 million on May 26th
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    • The chart above shows the sales volume in different markets.
    • From the chart above, we can see that the collection that sold $ 1.5 million on May 26 PACKNFT sold in the NFTStorefront market
    • The donut chart above shows what percentage of the nft market is involved in what collection last month.
    • Topshot Collection has the largest share of about 65%
    • After that, AllDay collection with 16%
    • Then PACKNFT collection with 7%
    • And at the end of UFC_NFT collection 5%
    • The rest of the collections have a small percentage under 5%
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    • To answer this question, I grouped the transactions and defined two famous nft collections, then limited my answers to 1000 and created a chart.
    • This chart shows a small number of wallets that bought another collection when they had one nft collection.
    • That's why I think they had nothing to do with it

    Conclusions

    1. Sales volume from May 9 to now has been something around $ 500,000 to $ 1 million per day, except May 26, due to the PACKNFT collection.
    2. TopShot Collection is the best-selling and most trendy nft last month to date with sales of $ 14 million.
    3. Topshot Collection has the largest share of market about 65%
    4. After that, AllDay collection with 16% and with sales of $ 3.6 million since May 9