Team12-miniproject2-Fidenza analysis

    The project of Fidenza is a curated and generative art NFT one launched as a part of the ArtBlocks venture. Algorithmic design merging with the art creativity, Fidenza has digital artworks that are one of a kind and visually edifying. Each Fidenza NFT is unique work, therefore there is a high demand for it among the collectors and the enthusiasts. The project designed by Tyler Hobbs, an artist, has made the headlines in the NFT community because of its creative way of making generative artwork.

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

    We can find a NFT through the NFT address and token_id on Opensea in changing the URL as this: https://opensea.io/assets/[NFT_ADDRESS]/[TOKEN_ID]

    Here's the link for the most resold NFT-165000678 https://opensea.io/assets/ethereum/0xa7d8d9ef8d8ce8992df33d8b8cf4aebabd5bd270/78000089

    db_img
    Loading...
    Loading...

    Insight: Through querying and assessment of NFT transaction data for the Fidenza project, has revealed several key insights. First, by identifying the transactions at the highest price point, we gained insight into the buying power and confidence of top market investors. Second, by tracking all sales of specific NFTs, the analysis of price volatility offered a deep understanding of market performance. Additionally, identifying the most frequently traded artworks helps understand which pieces have high liquidity and market demand. Calculating the total of all secondary sales and the royalties paid to creators further assessed the economic activities and creative incentives of the NFT market. Finally, the query that adds time parameters allows for the analysis of market data over periods, providing a tool to observe and predict market trends. Overall, these insights provide valuable information to participants in the NFT market, helping them make more informed decisions.