Try Quests to earn cryptoQuixotic Secondary NFT Sales Analytics
Quixotic Secondary Market Dashboard
Quixotic is one of the largest NFT platforms on Optimism. In this dashboard, metrics such as total volume, sales, and distinct buyers/ sellers are tracked with additional granularity around specific collections and buyers. If you are interested in purchasing an NFT check out Quixotic here:
Daily Trends on Quixotic
Below are some of the daily trends for the NFT marketplace since June 15th. Sales per day were around 200 NFTs sold per day but recently has seen an explosion in trading (slowly coming down as of 8/3). In addition outside of one day, the total volume per day is quite low with the current 7-day average being around $5,3000 dollars per day. The main driver may be the cost of NFTs on the platform as the average NFT is sold for less than a dollar. Another interesting piece is that the average NFT is higher on some days the 90th percentile suggests a heavy skew in NFT sale data. Finally, there tends to be more distinct sellers than buyers on the platform
Sales by NFT Collection
3 Projects make up close to 65%+ of the total volume on the platform since 6/15. However for the total number of sales this number is lower with the top 3 representing around 55%. In terms of total transfer in recent days, one project has been doing a majority of the trades on the platform
Quixotic User Behavior
Since 6/15 there has been 7000k+ buyers with the average users spending $55 dollars for an NFT. Compared to other networks, this is much lower than what the average user may spend on an NFT. In fact, the 100th ranked user on the platform has done less than 1000 dollars in volume. 5000+ Users have done less than $10 in buys. A few users have done a lot of trades (one user did 400+ trades), but the majority of users have done 1-5 trades. The top 10 users on the platform account for 10% of the total volume during this time period
Conclusion
In conclusion, some of the top insights derive from the above are that Quixotic is not currently doing a ton of volume or sales, but has seen growth in recent days. Majority of the users have completed 1-5 transactions and have bought less than $1000 dollars worth of NFTs. 3 projects make up a majority of the volume and sales on the platform currently. I believe that due to Optimism’s low costs, Quixotic has a bright future as it is still early days and with one killer NFT project can see an explosion in traffic. If interested in checking individual NFT projects, look at the metrics below.