Volume Scoring with NBA Top Shot

    NBA Top Shot allows users to buy, sell, and collect NBA NFTs that showcase influential “Moments” minted on the FLOW blockchain. Create a visualization tracking the total sales volume traded on NBA Top Shot since May 9th by day. How many unique wallets have made a trade on Top Shot over that timeframe?

    What are NBA Top Shots

    NBA Top Shot is an NFT marketplace where sports fans can buy, sell and trade basketball video clips. Launched in 2020, NBA Top Shot is a partnership between the NBA and Dapper Labs, the creators of CryptoKitties.

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    Methodology

    • We will look at the sales of NBA top shots on FLOW

    • We are looking to see how often these NFT are traded how many wallets are paticipating in the marketplace.

    NBA Top Shot Sales Metrics

    Observations

    • Since May 9th there has been more top shot sellers than buyers.

    • There has been a downtrend in sales, buyers and sellers of NBA Top Shots since May 9th.

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    Conclusion

    • NBA Top Shots have between 300K and 500K FLOW swap volume Daily

    • Since the start of May there have been about 5,000 buyers and sellers in the TopShot Market Daily.

    • Nearly 30,000 wallets have bought Top Shot NFTs.