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Observations
- Pressure plays are the most expensive NFL All Day play type by a significant amount on average, but this is primarily due to the fact that there are only 8 Pressure NFT sales where the next lowest category has 935 sales.
- Rush and Reception players have the most sales and together make up nearly 50% of NFT All Day NFT sales.
- Tom Brady NFL All Day NFTs make up a total 2.68% of NFL All Day NFT sales.
- Most players average NFT price between 8 and 40 USD. 6 players have an average NFT price over 1,000 USD.
- The median play type sales price vs. max median play type sales price is more than double the ratio between for play characteristics, and would be much larger if pressure plays were excluded. This shows that the top players affect the price of NFTs more than the top play type.
NFT Activity by player and play type
What are NFTs?
A non-fungible token is a record on a blockchain which is associated with a particular digital or physical asset. The ownership of an NFT is recorded in the blockchain, and can be transferred by the owner, allowing NFTs to be sold and traded.
What is FLOW?
Flow (FLOW) is a high-performance blockchain specifically for creating NFTs, massive crypto games, and apps. Unlike general-purpose blockchains such as Ethereum, Flow is built to efficiently scale for potentially billions of people interacting with NFTs like in-game items. The native token for the flow blockchain is the FLOW token.
What are NFL All Days?
NFL ALL DAY puts fans into the heat of the gridiron, enabling them to assemble a digital video collection of NFL moments made by the players and teams they love, while also providing them with access to a passionate, like-minded community of fans through both digital and in-person experiences throughout the season.
Methodology
In this dashboard we are looking to answer three questions. First, is there a type of play or player that is more valuable?Second, do valuable players sell at higher prices regardless of play type? Third, was any meaningful purchasing behavior for certain players who outperformed in Week 1 and 2? The data for this dashboard will come from the flow.core tables of Flipside’s database.
Sections
- NFT Activity by player and play type
- NFT price by play type normalized by player
- NFT price by player normalized by play type
- NFT Atribut Volatility
- Outperformers NFT Price Action
NFT price by play type normalized by player
NFT price by player normalized by play type
NFT Atribut Volatility
Observations
- Pressure, Player Melt, and Pass Defense plays are more expensive that other plays when normalizing for players both in terms of median and average category.
- Tom Brady and Brett Favre are 43K% and 39K% more expensive than the average player’s NFTs when normalizing for play type.
- The median play type changes the price of an nft by 0% when normalizing for players.
- Overall it seems that the player has a much larger effect on the price of a NFT than the play type. This is due to the fact that when normalizing for each other individual players median price is much farther for the collections overall median price than individual play types median price.
Outperformers NFT Price Action
Observations
- The Number of Sales the top players’ NFTs in week 1 and week 2 in terms of fantasy football points spiked in the week that they players were most performant. A clear example of this is in week 2 when Lamar Jackson was the most performant player in terms of fantasy football points then number of his NFTs sold jumped from around 30 a day to around 300.
- The Total sales volume of these top 10 players for week 1 and 2 jumped from around 10,000 USD a day before week 1 to between 50K and 250K after week 1.
- The average price of a player's NFTs have huge fluctuations and don't seem to consistently rise the week that player performs well.
Conclusion
- NFT Activity by player and play type
- Pressure plays are the most expensive NFL All Day play type by a significant amount on average, but this is primarily due to the fact that there are only 8 Pressure NFT sales where the next lowest category has 935 sales.
- Rush and Reception players have the most sales and together make up nearly 50% of NFT All Day NFT sales.
- Tom Brady NFL All Day NFTs make up a total 2.68% of NFL All Day NFT sales.
- Most players average NFT price between 8 and 40 USD. 6 players have an average NFT price over 1,000 USD.
- The median play type sales price vs. max median play type sales price is more than double the ratio between for play characteristics, and would be much larger if pressure plays were excluded. This shows that the top players affect the price of NFTs more than the top play type.
- NFT price normalized by catigory
- Pressure, Player Melt, and Pass Defense plays are more expensive that other plays when normalizing for players both in terms of median and average category.
- Tom Brady and Brett Favre are 43K% and 39K% more expensive than the average player’s NFTs when normalizing for play type.
- The median play type changes the price of an nft by 0% when normalizing for players.
- Overall it seems that the player has a much larger effect on the price of a NFT than the play type. This is due to the fact that when normalizing for each other individual players median price is much farther for the collections overall median price than individual play types median price.
- Outperformers NFT Price Action
- The Number of Sales the top players’ NFTs in week 1 and week 2 in terms of fantasy football points spiked in the week that they players were most performant. A clear example of this is in week 2 when Lamar Jackson was the most performant player in terms of fantasy football points then number of his NFTs sold jumped from around 30 a day to around 300.
- The Total sales volume of these top 10 players for week 1 and 2 jumped from around 10,000 USD a day before week 1 to between 50K and 250K after week 1.
- The average price of a player's NFTs have huge fluctuations and don't seem to consistently rise the week that player performs well.