What Will You Read?

In This analysis, You will read about Atomic Transfer sales in Algorand. let's look at atomic transfer volumes for NFTs in 2022. I Showed the number of NFT atomic transfers and the ALGO volume for these sales by day in 2022. Also, Further breakdown of these atomic transfer sales into ARC3 and ARC69 sales. What were the top ten most expensive atomic transfer sales in 2022? What wallets are participating most in atomic transfer sales-both buying and selling?

What is Atomic Transfer?

On Algorand there is a functionality called the atomic swap(or atomic transfer) which allows you to safely sell an asset to a buyer without the need of a marketplace. One place to perform this is https://www.randswap.com/. Using https://www.asalytic.app/ and https://www.nftexplorer.app/stats as references lets look at atomic transfer volumes for NFTs in 2022.

The below chart shows the total number of transfers using the Atomic method on Algorand. First two months of 2022, The total number of transfers was higher than in the last 4 months. After February, The total number decreased. Again after May, In a short time the total number increased.

The below chart shows the total volume in algo that is transferred by the Atomic method. There were too many ups and downs in this chart. Although at the beginning of 2022, it was higher than in the last 3 months. The highest amount of Algo transferred on February 24th, which was 57K.

According to this graph, Almost most transfers were Arc69 standard. The total number of transfers of arc69 NFTs was higher than arc3.

Let's check Algo Volume. Again it seems most volumes were for arc69 NFT standards over time. After February, the difference between arc3 and arc69 increased.

72% of transfers in Atomic were arc69 NFT standard, and 27.6% was arc3.

According to the below donut chart, 61% of the volume was for arc69 and 38.6% for arc3.

These ten NFTs were the most expensive atomic transfer sales in 2022. As You can see, 8 NFTs were from the Al Goanna collection. The most popular NFT collection on Algorand. One for Flemish and one for MNGO. The most expensive transfer is worth 25K Algo.

I examined wallets and found these 50 wallets that participated most in atomic transfer sales. The average is 3-4K, but the highest number of transfers was nearly 11K for a wallet.

Conclusion

It seems users chose Atomic transfer as their primary transfer. Both numbers of transfers and Volume were big. Also, it seems users transfer their arc69 NFTs most in atomic in comparison to arc3.

Thank You For Reading!

Written by Hess

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discord_id: hess#0890

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twitter_id: @hessaminanloo