What Will You Read?

In This Analysis, You Will Read:

• The total sales volume of NFT.
• The total number of daily transactions and the total number of Mint NFTs.
• The total daily sales volume of NFT along with cumulative sales volume of NFT.
• Total daily NFT transaction along with cumulative NFT transactions.
• Comparing the daily sales volume of NFT with the cumulative number of NFT transactions.

What is Optimism?

Optimism is an Ethereum-based layer 2 scaling solution. The fundamental characteristic of Optimism is that it makes Ethereum application transactions relatively inexpensive. Optimism causes transactions to flow from one blockchain to another. Gas prices are dramatically lowered as a result, and throughput rises. Optimism allows Ethereum developers to utilize all of the existing tools on Ethereum without having to make any changes.

What is Quixotic Marketplace?

Quixotic is the largest NFT marketplace operating on Optimism. Because it runs on Optimism, its transactions and operations are fast and cheap compared to other marketplaces.

Quixotic is a rising star, an NFT marketplace that operates on Optimism.

Method

In this analysis, I used the optimism.core.fact_hourly_token_prices and optimism.core.ez_nft_sales tables. based on that I got the total sales volume to dollars, the total number of NFTs minted and the total transactions in Quixotic marketplace. Also by grouping the date, I analyzed the total daily sales volume and total daily transactions along with their cumulative.

Quixotic marketplace NFT sales

• The total number of minted NFTs is 128.
• The total sales volume of NFT in Quixotic marketplace is 411k dollars.
• The total number of NFT transactions in Quixotic marketplace is about 20k.

Quixotic marketplace NFT sales daily volume and transactions

• The highest sales volume was on July 1, 2022 with 143.5k dollars.
• On July 21, the number of transactions was 906.
• The highest number of transactions was on July 27 with 2100 transactions.
• Although the number of transactions was the highest on July 27, the sales volume was only about 5.5k dollars.
• The average number of daily NFT transactions is about 80 transactions.
• The average daily sales volume is 1.6k dollars.

Conclusion

• The total number of minted NFTs is 128.

• The total sales volume of NFT in Quixotic marketplace is 411k dollars.

• The average number of daily NFT transactions is about 80 transactions.

• The average daily sales volume is 1.6k dollars.

• The total number of NFT transactions in Quixotic marketplace is about 20k.

• The highest sales volume was on July 1, 2022 with 143.5k dollars.

• The highest number of transactions was on July 27 with 2100 transactions.

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Cumulative number of transactions Vs total daily volume NFT

• Since July 26, we have seen an increase in the number of transactions, but the volume of sales has not changed significantly.
• On July 1, the sales volume was the highest, but the number of transactions was relatively less.