Try Quests to earn FLOWRaceDay NFTs
Introductionđźš©
What is Flow?
Flow is a blockchain platform that originally was designed for gaming purposes, but has expanded since its launch in 2020. The flow blockchain enables fast, low-cost transactions and supports smart contracts. It powers blockchain applications including NBA Top Shot, a non-fungible token (NFT) offering.
More Info
What RaceDay NFT Collection?
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.
Method⚡
For this bounty, i explored one of the NFT collection that built on Flow blockchain named RaceDAY and analyzed Daily/Weekly/Monthly sales, users and sales volume in USD and its over time average price with a 7 day moving average. I got into its Twitter account and explored some stuff from that. Then i went through cross-project stats and analyzed different angles from it.
I mainly used ==“flow.core.ez_nft_sales”== table from ==Flow.core== database provided by Flipsidecrypto and got some help from ==“flow.core.fact_prices”== table to calculate flow price and do some magic on it.
I used ==“A.329feb3ab062d289.RaceDay_NFT”== as Raceday collection contract address to filter its data.
All the charts and analytics that you are going to see are over time and i didnt used any specific timeframe.
In these charts, i tried to show Raceday NFT collection stats like sales,buyers and sellers and sales volume in USD in different angles such as daily/weekly/monthly. As we see in daily charts, Raceday NFTs had a huge spike in sales volume on April 20th with 213 sales and had the highest volume in that month too.
Since Oct 14th 2021, Over 1500 buyers and sellers recorded over 4K sales and almost 30K sales volume in USD over time. In this amount of time, number of sellers are double the number of buyers.
Recently after beginning of April, Raceday NFTs Average Price increased and gets more popular between NASCAR fans. Last month in September this collection recorded its highest average price over time and looks like not gonna break that record in October because it has passed 24 days from October and it is currently on 229 and not even half way there to 484. After the spike on April 20th, looks like it was a gift for Raceday to grow up, i mean after April, all the stats increased dramatically.
Raceday Stats spiked one more time on Aug 3th with 190 sales and dropped badly after that.
After the first quarter of 2022, Raceday stats increased massively.
Number of secondary mints sales and users spiked on March and May with over 36K mints and over 500 minters. In overall, number of secondary mints and minters were so much more than secondary sales and users. Secondary Sales had its highest number of sales and users on May with 722 sales and 132 users.
If we ignore Raceday itself, TopShot, AllDay and UFC_NFT are the most popular collections in terms of sales and StarlyCard, TopShot and AllDay are the most popular NFT collections in terms of buyers.
As we see in the bar charts, most of the cross-project sales recorded on September 2022 and most of them was TopShot, AllDay and UFC_NFT as i said.
Wallets are holding an average number of 5.27 NFTs and purchased an average price of 130 dollars to buy their Favorite Cross-Project NFTs.
A total of 504 wallets minted multiple NFTs on May 2022 and that month had the highest number of minting wallets.
It is interesting that May had the highest number of minting wallets, but the highest number of mints happened on March 2022 with over 36K mints.
Conclusionđź’ˇ
- Raceday NFT collection launched on Oct 2021
- Flow Blockchain did pretty well on Sport NFT marketing and some good collections like Raceday for Car racing, TopShot for NBA and AllDay for NFL have come into existence
- Raceday stats were bearish until the end of 2022’s first quarter, but after March 2022 while it was on its lowest stats over time, recorded a huge spike on April 20th, redeemed itself and got back in the game
- Sellers were double the buyers since October 2021
- Over 1500 Users recorded 4400 sales and almost 30K sales volume in USD over time
- September had the highest number of cross-project sales and buyers and most of it were for TopShot, AllDay and UFC_NFT
- Raceday Collection had the most minting wallets on May 2022 with over 500 wallets and the most minted number of NFTs on March 2022 with 36.44K NFTs
- Raceday socials specially twitter are getting more popular between NASCAR and Car racing fans day by day
- ==“0x0c4a39107850f89b”== wallet address is holding the highest number of NFTs between Raceday users with 673 NFTs
- Raceday users are holding an average number of 5.27 NFTs in their wallets and 130$ worth of Raceday NFTs
I explored Raceday socials specially twitter and found some interesting stuff about it, it looks like fans posting their Raceday NFTs or their interesting stuff about Raceday NFTs or NASCAR related and tagging the official account and the official account supports them and they have a friendly relationship with each other too.
As i saw, Raceday Collection joined Twitter on September 2021 and since that time, it gained so much interaction and followers
(Almost 900) and getting popular more day by day Specially between NASCAR or Car racing fans.
==“0x0c4a39107850f89b”== wallet address has the most Raceday NFTs with a total of 673 NFTs.
==“0x4af0e3f447afc87b”== wallet address is in the second place with 507 unique NFTs and the other ones in top 5 have under 200 NFTs.
May had the highest number of Raceday NFTs over time with 676 NFTs and an average number of 334 NFTs.