Seasons in the City

    It’s autumn in the Northern Hemisphere. What season is it in the City of NEAR?

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    I have considered the 10 NFT markets with the highest number of trades as the top 10 NFT markets as shown in the bar chart

    The top 10 NFT markets are:

    x.paras.near

    pixeltoken.near

    azr5-whitelist.near

    mutantsnft.near

    serumnft.near

    metasky-business cards.near

    nft. endlesss. near

    azrv_ga_tickets_pune.near

    azrv_ga_tickets_mum.near

    azrv_ga_tickets_blr.near

    Conclusion

    Two pie charts above shows total transactions and total users of each NFT markets separately, from total transactions of 175.5 NFT markets 39.6% of them belongs to x.paras.near which has most share of the transactions and from total unique users of NFT markets 31.6% of them belongs to x.paras.near which has most share of the unique users.

    pixeltoken.near and azr5-whitelist.near are other two important market places.

    Paras, built on the NEAR blockchain, takes a far more curated approach to the NFT experience and community.

    Conclusion

    Two bar charts above shows daily transactions and daily unique users of NFT markets, both has bearish trend as their major trend but as we see number of transactions decreases with lesser steep compared to number of unique users in which it decreased from 7k transactions on July to 3k transactions on October, on late September and early October we see spikes in number of transactions of market places.

    Number of unique users decrease steep is more than transactions decrease steep and it is more consistent with lesser spikes(only one occurred on mid September) in which it decreased from 700 unique users on July to 300 unique users on October.

    Conclusion

    Both charts trends is similar to their main charts that depicted above in which both has decreasing trend that unique users are decreasing more than transactions.

    Conclusion

    Since July, although there are some days that the number of sales has skyrocketed, it has a downward trend until today.The daily amount of sellers and buyers, they have a very similar trend. Even so, there is a higher number of sellers than buyers.NFT sales volume are going up and down continuously within the same range.

    As we have seen, in this dashboard, I checked NFT markets from the point of view of the number of swaps and the number of unique users, and we saw that although some of them, like Paras , play a very important role in NFT markets, nevertheless, the overall trend of acceptance and usages of NFT markets is decreasing. And it indicates a cold season if not winter for this part of the NEAR protocol.

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    Conclusion

    In the first chart, we have analyzed the daily sales volume of NFT. We can see that there has been a downward trend since the last three months.

    The second graph shows the number of NFT sales and the average sales price, which has gradually experienced a decrease in the number of sales, but the average price has not changed much.

    If we look at the daily amount of sellers and buyers, we see that they have a very similar trend. Even so, we can see that there is a higher number of sellers than buyers.

    Methods

    In this analysis we will focus on Near NFTs. More specifically, we will analyze the following data:

    • Daily NFT sales volume (Near)

    • Daily number of NFT sales and average NFT price.

    • Daily amount of sellers and buyers.

    • Top 10 NFT markets on NEAR

    • transactions and unique users of NFT markets on NEAR per day

    • Transactions and unique user of top 10 NFT markets on NEAR per day


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    Why NEAR?

    You may have heard of distributed computing, databases, or computer networks, all of which play a role in blockchains.

    Currently, most web-services utilize a single server and a single database to process your request and provide information. This infrastructure is usually managed by an individual entity who treats all of their data processing like a black box: the request goes in, something happens, and the user receives an output.

    While the company may rely on third parties to verify those claims, the user will never be able to verify what happened in the black box. This system relies on trust between users and companies.

    NEAR is similar in principle to the “cloud-based” infrastructure that developers currently build applications on top of, except that the cloud is no longer controlled by a single company running a giant data center — that data center is actually made up of all the people around the world who are operating nodes on the decentralized network. Instead of a “company-operated cloud,” it's a “community-operated cloud.”

    To set the stage, we’re building a “base-layer blockchain,” or a layer-one, meaning that it’s on the same level of the ecosystem as projects like Ethereum or Cosmos. That means everything in the ecosystem is built on top of the NEAR blockchain, including your application.

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