Date: 2022-06-09

Methods

This analysis focuses on the wallets who minted their Godmode NFT in the first hour of mint.

• all data is from the timeframe 2022-06-07 16:00 and 2022-06-07 17:00
• I filtered ethereum.core.ez_nft_mints for 0x903e2f5d42ee23156d548dd46bb84b7873789e44 (GodMode NFT)

Overview

What is Flipside Crypto?

Flipside Crypto is a Learn2Earn platform! Their slogan on the website already says all you need to know - "Learn. Earn. Repeat.".

With Flipside you will learn about new crypto projects, their data and how to handle those data with SQL to build exciting analyses. Beside this, you have the opportunity to earn some money or tokens while solving bounties and exploring these projects and data.

Flipside Crypto

What is GodMode NFT?

GodMode is the first NFT from Flipside Crypto limited to 1000 GodMode brains, and it has already a utility! I grants you access to unlimited bounties and earnings!

GodMode

Analysis

Let's find all GodMode minters in the first hour of mint.

In the first hour of mint, 264 wallets minted a GodMode NFT!

Cantina Crew and Flipsiders were hot for the mint! 176 wallets minted in the first hour. 'Only' 88 wallets from allowlist minted in the first hour!

As Cantina Members did not have to pay the 0.1 ETH we will exclude them from now on!

Conclusion

• In the first hour of GodMode mint, 264 wallets minted an NFT
• Only 88 wallets where not from the Cantina Crew
• 63 wallets where already funded at least one day before mint
• Only 40 of these wallets traded NFTs before mint

Thanks for reading!

This analysis was created on 2022–06–09 for a bounty at Flipside Crypto by piper to answer the following questions:

Flash Bounty: #GodMode Mint The Typical Minter: Q1.Analyze the Ethereum profile of those who minted during the first hour after launch. How many of them moved the minimum .1 ETH into their minting wallet vs. already had at least .1 ETH in that wallet? How many of them have been active in NFT purchases over the past six months? Can you construct a “typical minter” profile/profiles based on their wallet behavior?

All data used are from Flipside Crypto. Flipside Crypto

The chart above shows when and how much NFTs were minted and sold per minute.

The chart above shows the gas fees during the first hour of mint and we cans say, that they were moderate with a minimum of 0.0082 ETH and a maximum of 0.0168 ETH.

We had 88 wallets minting from the allowlist. 63 of these wallets already had the minimum of .1 ETH in the wallet before mint and 25 didn't.

So let's check, how many of these funded wallets where active with NFTs before GodMode mint ...

40 out of 88 wallets had NFT activities (buy or sell) before the mint.

The chart above shows the wallets and it's activities with NFTs. Some where very active and some where not.