Create a visualization showing NFT sales volume on Flow since May 9th. Which NFT projects are trending on Flow right now and what is the general trend of NFT sales over the last month? Do the projects that are trending seem to have common wallets or is there not much crossover between buyers/sellers?
Introduction & Methodology
Flow NFT space is growing everyday and attracting attentions around space. Today we are going to take a look at latest trends in Flow NFT space. Trends in this sense means projects that are experiencing high sale volume for some time and outperforming other projects. In our case we take this as Top 3 projects with highest sale volume since May 9th.
We are asking ourselves what are these projects on a daily basis (which are top 3 projects in every day), how much are they selling on Marketplaces, is there any significant spike? Do they have in common buyers or mostly regular customers?
There are 5 different currencies used for paying for NFTs, 4 of which are stable coins and the other one is FLOW token. Since Flow sales were much lower than combination of other 4 currencies, I decided to rule out FLOW payments.
Data & Analysis
By hovering your cursor over bars in chart below you can see top 3 projects with most sale volume in each day. As it is obvious from the designated colors, NBA Top Shots beside from 2 days (May 12th and 26th) is the leading project in every day.
There were 3 other projects that could make it to top 3 once or twice:
MetaPanda on May 18th (Taking over UFC)
RCRDSHP on May 24th and 25th (Taking over UFC)
Pact on May 26th ( Again ruling out UFC)
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There doesn't seem to be any significant spike in sales but the volume has definitely decreased in past week.
Now lets see how many shared buyers these top 3 projects had in this time period:
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This chart suggests that TopShot buyers are more active in Flow NFT space and buy from other projects too
Now to bring them under microscope we can investigate into how many of daily buyers of UFC and AllDay were in the list of TopShot buyers?