NFT crosschain showdown: y00ts vs Art Gobblers
The y00ts NFT collection is grabbing attention for all the right reasons, except one, which is its minting process. The y00ts NFT mint has faced so many obstacles just before the final launch, yet the enthusiasm for the collection is unbeatable.
The y00ts minting process was originally scheduled for September 4th at 2 PM PST. The y00ts is the collection of 15,000 NFTs which presumably be unlocked through the burning of t00bs which is priced at 375 $DUST each.
To know everything on how to mint t00bs and ultimately mint y00ts, you need to keep track of the following processes.
Art Gobblers is an experimental "art factory" collection from Rick and Morty co-creator Justin Roiland and Web 3.0 VC firm Paradigm. The collection has 1,600 NFTs that function as blockchain art galleries. Holders can "digest" the art created by the "factory" to create curated collections that are transferable.
Art Gobblers generates a self-sustaining art-making ecosystem that incentivises consumers to hold NFTs (Gobblers) and tokens (GOOs). Mining or upgrading NFTs requires a specific amount of GOO, and holding NFTs also generates corresponding GOO. Roughly understood, whoever holds Gobbler will get GOO and the higher the percentage of GOO held, the better the volume of GOO created by Gobbler.
In this analysis we will focus on NFT Solana. More specifically, we will analyze the following data:
- Mints and sales metrics
- Buyers and sellers
- NFT floor price evolution
- USD volume metrics
- Volume sold in sales
- Volume sold in sales by marketplace
- Market share of volume by marketplace
- Distribution of NFTs per Holder
- Evolution of new vs old buyers
- Distribution of holders by existence
- Distribution of volume by users’ existence
- Sales volume by type of buyer
- Number of crossovers per collection
- Users comparison: crossovers vs non-crossovers and their percentage
Mints and sales metrics
In these graphs we can see the mints and sales and buyers and sellers of both collections. In the Solana collection we see that there is a spike. There were a total of 763 sales and 569 mints. Even so, we see that there is a very stable trend. In the case of the Ethereum collection we see that at the end of October there were very high values but at the beginning of November they plummeted. There is 1 mint every day.
On the other hand, we see that in general, every day there are more sellers than buyers in both cases. In the Solana collection, during day 4 they went up considerably, reaching 471 sellers and 390 buyers. In the two graphs we see that there is a very stable trend, except for the peaks. In Ethereum collection we can see the same graphs as mints and sales.
In the left chart, we have analyzed the NFT floor price evolution. On the one hand, we see the USD floor and on the other hand we see the SOL floor. We can see that during the last two months there has been a price correlation. However, during November 8th the SOL price plummeted and therefore there was no correlation during that day.
In the first two charts we have analyzed the SOL and ETH volume metrics. Firstly, we can see that in the Solana collection there is a peak in volume on November 4th, reaching 81k and 2.6M respectively. Secondly, we can see that the Max Sol is quite stable, while the Max USD is constantly rising and falling. Finally, we can see that the Max, Min, MEd and average SOL are going up during the last days, while the USD figures are going up.
In ETH volume metrics we can see that at the end of October there was a high amount of volume, reaching 13k, although at the beginning of November these amounts dropped. The MAX, Average, MED and MIN have a very similar trend to the volume.
In the left graph we can see the volume sold in sales. We can see that in the Solana collection, during the last two weeks the values have been going up. In the volume sold in sales of Ethereum we can see that there is a fairly stable trend. At the beginning of November they started to decrease the volume sold.
User behavior
In the evolution of new vs old buyers we see that, although there are quite similar values. In the case of Solana we see that old users predominate a little more and we see that there is a peak on 4 November, with 235 new users and 155 old users. In the case of Ethereum we see that there is a peak at the end of October, with more than 300 new users. We can see that in this case, too, old users predominate over new users.
If we look at the distribution of holders by existence we see that, in Solana, there is a downward trend in new users and that old users are becoming increasingly strong. In the case of Ethereum we see that there is no clear trend, although we can say that the old users predominate over the new users.
Finally, we have analyzed the number of crossover per collection. First of all, we see that Solpunks predominates over the other collections. In second place we find Flippies. In the case of Ethereum, we can see that Rarible is the first collection, with 2k crossover followed by opensea nfts, with 978 crossover.
==Key insight==
- In Ethereum collection, at the end of October there were very high values but at the beginning of November they plummeted. There is 1 mint every day.
- In the Solana collection, during day 4 they went up considerably, reaching 471 sellers and 390 buyers.
- In Ethereum collection we can see the same graphs as mints and sales.
- The Max Sol is quite stable, while the Max USD is constantly rising and falling, in Solana.
- The Max, Min, MEd and average SOL are going up during the last days, while the USD figures are going down.
- In the volume sold the trend is the same. During the last two weeks the figures for both have been going up, in Solana.
- In Ethereum, at the end of October there was a high amount of volume, reaching 13k, although at the beginning of November these amounts dropped.
- The MAX, Average, MED and MIN have a very similar trend to the volume.
- In the Solana collection, during the last two weeks the values have been going up.
- In the volume sold in sales of Ethereum there is a fairly stable trend.
- In Solana t there is a peak on 4 November, with 235 new users and 155 old users.
- In the case of Ethereum there is a peak at the end of October, with more than 300 new users.
- Solpunks, with 2,8k, predominates over the other collections. The second place is Flippies, with 1,5k, in Solana.
- Rarible is the first collection, with 2k crossover followed by opensea nfts, with 978 crossover.
y00ts
Art Gobblers