flipside

    Try Quests to earn cryptoTry Quests to earn crypto
    Share

    Algorand Bounty: AB2 Gallery Wallets

    Let’s look at wallets that buy from AB2 Gallery to get a better understanding of purchasing behavior.

    Loading...
    Loading...
    Loading...

    In this question, we will take a deep look at AB2 Gallery and analyze its performance. first of all, we learn a bit about what is an NFT marketplace.

    Introduction

    db_img

    Algorand NFT Marketplaces

    let's take a look at some data about Buy on AB2 gallery.

    There are several Algorand NFT marketplaces and we can see some of them in the below list:

    • Algogems

    • AB2 Gallery

    • Rand Gallery

    • Dartroom

    • ZestBloom

    • Abris

    Now let's dive deep into one of the mentioned Algorand NFT Marketplaces, AB2 Gallery.

    ASAs are sent to unique smart contract escrows when they're listed on AB2 Gallery; each listing creates a new escrow address. These escrows are programmed to receive payments and deliver ASAs autonomously. When a listing ends, the escrow transfers 10% of sale proceeds as royalty to the ASA Creator Address and closes its remaining balance to the seller.

    Only non-divisible ASAs without Clawback/Freeze and have a total supply of 1,000 or fewer are available to be listed. These requirements are automatically checked when ASAs are minted using AB2 Gallery.

    The minimum listing price is 0.1 ALGO per unit and each address is permitted up to 10 active listings at a time.

    db_img

    What is the total number of unique wallets that have purchased from AB2?

    if we want to count the number of unique wallets that have purchased on AB2 Gallery, the result will be:

    Create a distribution plot of how many NFTs each wallet has purchased from AB2

    In this section we see that most wallet have purchased one nft, And in the second level, there are wallets that have between 1 and 3 number of nft

    Chart the first purchase on AB2 by wallet over time

    In this chart, we see when the wallets made their first purchase

    Loading...

    Table of the top 10 wallets that are purchasing from AB2 by ALGOs and number of NFTs

    To find the top 10 wallets that buyed from AB2, we sorted buyers by number of NFT and sum of purched amounts. And here we see the top 10 buyers.

    Conclusion

    Let's put together all the things we have learned from the AB2 Gallery journey.

    First, we talked about NFT Marketplace conceptually and then introduced some well-known Algorand NFT marketplaces. after these, we jumped into AB2 Gallery and talked about how AB2 Gallery works.

    Then we analyzed the purchase of assets in AB2 and saw that about 10.98K total number of unique wallets that have purchased from AB2.

    Then we draw distribution plot of how many NFTs each wallet has purchased from AB2 on the charts.

    After that we analyzed all new wallets purchasing on AB2 over time.then we listed the top 10 wallets in terms of that are purchasing from AB2 by ALGOs and number of NFTs

    Resources