NBA Playoff Usage

    Q.15 Analyze the start of the NBA playoffs (mid-April) and determine whether it had an impact on Flow transaction volume. What about NBA Top Shots?

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    What is Top Shot?

    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. High-profile investors include the NBA legends Michael Jordan, Kevin Durrant and Klay Thompson.

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    In this dashboard we will be using Flow database to analyze the start of the NBA playoffs (mid-April) and determine whether it had an impact on Flow transaction volume as following:
    • Total number of NBA Top Shot NFT buyers and number of unique buyers from Apr 20,2022
    • Total number of NBA Top Shot NFT sellers and number of unique sellers from Apr 20,2022
    • Total number of NBA Top Shot NFT sales and number of sales from Apr 20,2022
    • Number of Flow transactions and NBA Top Shot transaction percent to all transaction

    In the above chart we can see on May 6,2022, about 11.6K new user have purchased an NBA Top Shot NFT. Also Total number of unique buyers is about 317.6K.

    In the above chart we can see on May 6,2022, about 16.1K new user have sold an NBA Top Shot NFT. Also Total number of unique sellers is about 399.1K.

    In the above chart we can see on May 6,2022, about 67.4K NBA Top Shot NFT sales was performed. Also Total number of sales is about 1.47M.

    In the following chart Green bars shows number of Flow transactions per day, Blue bars shows number of Top Shot NFT sales and Purple line indicates percent of Top Shot NFT sales to all Flow transactions:

    The most percent of Top Shot NFT sales to all Flow transactions was On Apr 27, 2022 by about 19.6%. We can say except a few days, Top Shot NFTs didn't have big impact on Flow transaction volume.