NBA Playoff Usage

    In this dashboard, we answer this question: whether the NBA competition playoffs have an impact on the FLOW blockchain (especially the volume of transactions and the volume of NFT sales in the marketplace of this network, ie NBA Top Shot) or not?

    This competition started in mid-April. So Let's find all of things asked us in this question.

    In my mind, the transaction volume doesn't make sense so I used swap volume instead transaction volume.

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    In the first part, I will go to find the swap volume in this network.

    Unfortunately, there is no information on the volume of swaps before the NBA playoffs. So it is practically impossible to say whether these competitions have affected the volume of swaps in this network or not.

    If we want to examine the trend after the start of the playoffs, I must say that there is no specific trend in the daily volume of swaps and the daily number of swaps in the flow blockchain.

    In the second part, I will go to find the sale volume of NFT in this network. This blockchain has a special NFT marketplace that covers the NBA league called NBA TOP SHOT.

    There are several points for calculating NFT sales volume. The first is A.c1e4f4f4c4257510.TopShotMarketV3 which is listed as a marketplace belongs to the NBA Top Shot. The next point is the unit used for the selling price is the dapper utility coin, which is equivalent to one dollar.

    We have the same problem with this too. But if we want to examine the trend after the start of the playoffs, I must say that daily volume of sales and the daily number of sales in the flow blockchain is decreasing.

    Conclusion

    Finally, I must say that the NBA playoffs did not have a significant effect on the volume of swaps, but it did reduce the sales volume of NBA TOP SHOT marketplace.