Timely Sales

Share of Total Sales

Holders

Daily Averages

This dashboard has been designed to enable viewers to not only comprehend the sales analysis of their desired collection, but also compare that with the sales of all the other collections throughout the selected date range. Also, they can aggregate the calculated metrics in different time intervals, all using the top parameters.

In this analysis, the overall sales shares, the daily averages, the timely sales, sales heatmap, most expensive NFTs, and holders overview for both the selected collection and all the other collections have been provided in various charts to allow the viewers to compare them simultaneously.

> It is worth mentioning that at the moment, only sales on the Quix NFT marketplace and top collections with the highest sales over the past 30 days have been provided.

Sales Heatmap

Most Expensive NFTs

Methodology

The charts and visualizations provided in this dashboard are self-explanatory. However, here are some tips when viewing them for each collection:

• The total sales section covers the whole selected range for the designated collection, regardless of the time interval;
• The metrics presented in the daily averages section were calculated by summing up the value of that particular metric and dividing it over the number of days in the selected range;
• For the timely sales section, the daily amount, cumulative value, and daily share of different metrics have been evaluated for the selected collection and date range in the designated time interval;
• In the sales heatmap section, the value of various metrics was measured for different hours of different days throughout a week, considering the selected date range;
• For the most expensive NFTs section, the top 10 NFTs of the selected collection, as well as the top 10 NFTs of all other collections with the highest price over the selected date range have been investigated;
• The holders section covers the overall top 20 holders throughout the selected range with their holdings categorized into the selected collection and all the other collections.

Insights

• In the share of total sales section, if the share of the selected collection is recognizable, that means during the selected date range the collection had a considerable amount of sales and should be perceived as one of the top collections with high sales;
• In the daily averages section, generally, all of the metrics for the selected collection are lower than other collections. Again if the value of the averages is recognizable, that means the collection should be regarded as a well-known collection;
• The average price comparison indicates that the NFTs of the selected collection have been more expensive compared to NFTs of other collections or cheaper;
• If the number of sellers was higher than the number of buyers, that means the holders of the NFTs of that particular collection tend to take profit from their holdings during the selected date range. On the contrary, if the number of buyers was higher, that means the users tend to purchase and hold the NFTs for the time being;
• In the timely sales section, the fluctuations in the selected time interval are directly related to the hype or news around the selected collection. For the majority of the selected range, the sales remain steady except for some distinguishable surges which should be evaluated in a collection-basis manner;
• The sales heatmap section demonstrates the dominant hours and the days on which the sales of the selected collection have been the highest compared to all the other collections. This section indicates whether the weekdays were more popular for the sales of the collection or the weekends accounted for more sales;
• The most expensive NFTs section compares the sale of the top 10 NFTs of the selected collection with the highest price with the 10 other most expensive NFTs from other collections during the selected range. Also, the addresses that paid those prices and those who made a profit by selling these NFTs were introduced;
• In the holders section, a different approach was taken into account to provide deeper information on the wallet addresses instead of collections. In this section, the top 20 holders have been determined and their holdings were categorized into whether having NFTs from the selected collection or the other collections.

Conclusion

In conclusion, the analysis of NFT sales on Optimism has demonstrated that the sales activity has been steady to some degree, except for a few days in which a particular collection was responsible for the sudden surge in the overall sales. The NFTs on Optimism could be considered cheap compared to Ethereum or Solana, and by taking into account the low number of daily average sales, the overall sales volume has been on a scale of thousands of dollars, which has a long way to go to be able to compete with the multi-million dollar sales on Ethereum or Solana. While there have been buyers and sellers of different NFTs almost every hour and every day of each week, Wednesdays have been the day with the most activity and the highest amount of sales during each week. Not all the collections have become expensive and the NFTs with the highest sale price have been distributed among a few well-known collections. Last but not least, the analysis of NFT holders has indicated that the market has not well distributed and a few addresses, in specific time frequencies only one address, hold the majority of NFTs. This demonstrates that there have been only a few big players in the Optimism NFT ecosystem and this segment of the network has still been in its early stages.