introduction

Mirror.xyz is a unique publishing tool for writers, which leverages cryptocurrency and blockchain technologies. The platform was created by Denis Nazarov and launched in 2020. It is described as a first of its kind, decentralized writing platform developed to help creators connect with their target audiences in a more direct and innovative way. According to the website, “Mirror is the next big change in the long history of symbolic communication. Through a decentralized, user-owned, crypto-based network, Mirror’s publishing platform revolutionizes the way we express, share and monetize our thoughts.”

Mirror working

To get on board with Mirror, new applicants must first take part in what is called a “$WRITE RACE.” Each applicant is placed on a waiting list and receives 0.01 $WRITE token just for applying. At the end of a week, existing Mirror.xyz members vote to decide which writers competing in the race earned the right to be a part of the platform. 10 participating writers are eventually chosen and given one $WRITE crypto token each. Possession of this token is what allows you to become a publisher on the platform, and you are now able to create a custom name.Mirror.xyz domain for your publication, and then begin publishing your written works. Your domain can simply be your name or any moniker of your choice. When you publish a piece, you can assign it a unique token name, since it automatically becomes an NFT

reference

Objective

How much total funds has Mirror raised? How many unique sponsors are there? How many total publications have been written? What are the most popular accounts?

Analysis

I will first calculate the unique number of sponsors and the total raised

There are 110 unique addresses sponsored to a crowdfund. I found this metric using the ez_eth_transfers table and using the mirrors treasury address as a filter.

I found that a total of 117 ETH was raised through crowdfunding. Again, we find this metric using the ez_eth_transfers table and using the mirrors treasury address as a filter.

Popular accounts

To calculate the top accounts, we identify the accounts that raised the gihest amount of ETH in a crowdfund.

The top accounts are given above. with 0xc8af50428848b28ec5168037b54b7c7d83e168ee being the most popular by a large margin. It has raised around 975 ETH.