Overview 👀 ~ 4 min read

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

Reddit is officially in the NFT game. Find 3 metrics to compare the Reddit NFT launch to the launches of other major NFTs.

Add any other interesting metrics comparing this launch to Polygon NFTs in general

Introduction 💭

What Is Reddit?

Reddit is a popular networking site that allows users to discuss, vote on and share content. Any user who joins Reddit can provide posts with a downvote or upvote, which determines how popular a post is when it comes to search rankings.

Reddit exists as a forum and networking site with more than 430 million active monthly users. These users can search Reddit for entertainment, news, updates, marketing and memes that cover all manner of topics. The website was placed online in 2005 and is likely the most popular discussion website in existence.

RaceDay NFT Introduction

RaceDay NFT is a first-of-its-kind motorsports NFT marketplace for race fans offering various collectibles - officially authenticated and verified on the Flow Blockchain. Be the first to collect these official NFTs. A new collection will be released during each race week, driving excitement toward some of NASCAR’s most anticipated playoff events starting with the Sept. 18 Bass Pro Shops NRA Night Race at Bristol. Complete sets around certain badges and other season long moments for access to exclusive rewards, insider benefits and more.

Optipunks Introduction

Optipunks are punks on #Optimism. Mint cost 0.005 eth. All profit will go to public goods on #Optimism. Unofficial punks project unaffiliated with OptimismPBC

Methodology 🧠

To solve this question, I found all the addresses of the NFT contracts with the address of the Reddit contract deployer, then I found all the transactions related to these contracts in the polygon.core.fact_event_logs table,

and with the transaction_hash I had and the sales contract in I found Seaport's sales volume and put several metrics to check

In this dashboard you will read ✍

1. Average Daily of Volume , Sales Count ,Unique Buyers and ASP
2. Daily of Volume , Sales Count ,Unique Buyers
3. Total Daily of Volume , Sales Count ,Unique Buyers
4. Cumulative Monthly Volume , Sales Count and Unique Buyers
5. Daily Average Sales Price and 7-day moving average and 30-days (monthly)

Some Notes 📝

• It's been almost 61 days since Reddit started. To make this analysis fair,
• I included the first 61 days for selected cases.

Chart & Analyze 🧪📊

Optipunks NFTs 👾

Reddit NFTs 🤖

RaceDay NFTs 🚗

🕵️‍♀️ observations

• The trend of the number of sellers and buyers of uniques in RaceDay and Optipunks was high at the beginning and gradually decreased, but this issue is completely opposite in Reddit NFTs. In the first days, the number of sales and buyers of Unique was less and gradually increased
• In terms of total number of sales 🥇 Reddit NFTs 🥈 RaceDay NFTs 🥉 Optipunks NFTs
• In terms of total unique buyers 🥇 Reddit NFTs 🥈 Optipunks NFTs 🥉 RaceDay NFTs
• In terms of total Volume $USD 🥇 Reddit NFTs 🥈 Optipunks NFTs 🥉 RaceDay NFTs

🕵️‍♀️ observations

• In the early days, the averages are expected to be bullish numbers that gradually increase, but this only applies to Reddit NFTs.
  • The averages on RaceDay NFTs fluctuate a lot and are mostly small numbers
  • These averages in Optipunks NFTs also show higher numbers only in the initial days
• In terms of Average sales per day 🥇 Reddit NFTs 🥈 Optipunks NFTs 🥉RaceDay NFTs
• In terms of Average unique buyers per day 🥇 Reddit NFTs 🥈 Optipunks NFTs 🥉 RaceDay NFTs
• In terms of Average Volume $USD per day 🥇 Reddit NFTs 🥈 Optipunks NFTs 🥉 RaceDay NFTs

🕵️‍♀️ observations

• The monthly moving average in RaceDay NFTs has a steep downward slope, and in the first 60 days, users have not spent more than $20 to buy RaceDay NFTs.
• In Optipunks NFTs, the monthly moving average is downward, but its slope is much lower than that of RaceDay NFTs, and sometimes users have spent more than 1000 dollars to buy from this collection.
• But in Reddit NFTs, the monthly moving average is rising, and users' purchases are getting more expensive day by day, and on October 15, it even reached more than $1,300.

🕵️‍♀️ observations

• Growth in Optipunks NFTs and RaceDay NFTs has been slow and steady, but in Reddit NFTs, there has been a sudden jump since October 20, which has brought the growth of the number of users, sales and sales volume into a new era.
• Buying a NFTs on RaceDay is one of the cheapest and most economical purchases, averaging $8.09.
• Buying one NFTs on Optipunks costs $222 on average
• Buying one NFTs on Reddit is in the luxury category and costs $304 on average
• One of the factors behind the growth in Reddit NFTs on October 20th has been the buying and selling of Spooky Season NFTs. It can be seen in the charts below that it has attracted many users since October 20th.

Conclusion 🎉

1. In terms of total number of sales and total unique buyers and total Volume $USD is 🥇 Reddit NFTs

2. In terms of Average sales per day and unique buyers per day and Volume $USD per day is 🥇 Reddit NFTs 🥈 Optipunks NFTs 🥉RaceDay NFT

3. Buying a NFTs on RaceDay is one of the cheapest and most economical purchases, averaging $8.09.

4. Buying one NFTs on Optipunks costs $222 on average

5. Buying one NFTs on Reddit is in the luxury category and costs $304 on average

6. One of the factors behind the growth in Reddit NFTs on October 20th has been the buying and selling of Spooky Season NFTs. It can be seen in the charts below that it has attracted many users since October 20th.

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Appendix 🤝

The solution of this question and the queries are completely used from the filipside database

The construction of the dashboard was also used from the site

app.flipsidecrypto.com/velocity, which belongs to flipside

Contact data 👋

-> the writer :sajjadsmoke -> discord : Sajjadiii#5567

Thanks for reading !