Method :

I used flipside_prod_db.polygon.labels to extracing NFT contracts on polygon. then i used

flipside_prod_db.polygon.udm_events to analyze sales and transfers of NFTs.

Users Strated off with NFTs Definition :

A user who interacts with contracts related to NFTs on the first day of entering the Polygon network.

• From August 2021 to the end of December 2021, the sales volume has been on an upward trend, and since the beginning of 2022, the sales volume has decreased every month.
• The total sales volume of NFTs in Polygon network reaches more than 2.7 million NFTs.

• The number of NFT purchasers also increased from August 2021 to the end of December 2021, and in December 2021, it reached about 30,000 unique purchasers in one month. But with the beginning of 2022, the number of purchasers has decreased drastically and has decreased month by month.
• The total number of NFT buyers in Polygon network reaches about 140 K purchasers.

• The sales volume in USD has reached its peak in November 2021. In this month, users have spent about 120 million dollars to buy NFTs. This volume will reach 85 million dollars in December 2021, and after that, starting in 2022, the sales volume in USD has decreased month by month.
• The total volume of sales so far reaches 503 million dollars.

• Since July 2021, the number of users strated off with NFTs has increased a lot, and this number reached its peak in March 2022.
• The total number of users who strated off with NFTs has reached more than 154 K users.

Concolusion :

From the above analysis, we obtained the following results :

1. From August 2021 to the end of December 2021, the sales volume has been on an upward trend, and since the beginning of 2022, the sales volume has decreased every month.
2. The total sales volume of NFTs in Polygon network reaches more than 2.7 million NFTs.
3. The number of NFT purchasers also increased from August 2021 to the end of December 2021, and in December 2021, it reached about 30,000 unique purchasers in one month. But with the beginning of 2022, the number of purchasers has decreased drastically and has decreased month by month.
4. The total number of NFT buyers in Polygon network reaches about 140 K purchasers.
5. Since July 2021, the number of users strated off with NFTs has increased a lot, and this number reached its peak in March 2022.
6. The total number of users who strated off with NFTs has reached more than 154 K users.