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    Joepegs, the top Avalanche's NFT Marketplace

    Use Flipside’s new fact_decoded_event_logs and ez_decoded_event_logs tables and build a dashboard covering either: one of the top 15 Avalanche projects by TVL featured on Defi Llama (https://defillama.com/chain/Avalanche), a bridge into Avalanche, or a popular NFT marketplace. Show the activity and usage of the protocol through the events. Some of the things to consider are the number of unique wallets, asset volumes, swaps, LP actions, or fees. Build a dashboard you think the protocol and the ecosystem would find useful to use and monitor the usage of the protocol.

    ✨Introduction

    Joepegs is a popular NFT marketplace on the Avalanche blockchain, offering a wide variety of AVAX NFTs, including popular collections like Chikn NFT, Joepegs, Smol Joes, Chad Doge, Smol Creeps, Avalanche Party Animals (APA), and more. The marketplace charges a modest 2.5% fee and allows sellers to set a creator royalty fee. In addition to its marketplace, Joepegs offers LaunchPEG, a launchpad for new artists to mint collections of up to 10,000 NFTs, Mint, an application for anyone to create and mint NFTs on the Avalanche blockchain, and Whitelist, a function that allows collections to provide exclusive perks to specific community members. Overall, Joepegs is a promising NFT marketplace on Avalanche, providing a range of features and benefits to NFT creators and buyers.

    🛠️ Method

    To analyze the performance of Joepegs, the largest NFT marketplace on the Avalanche blockchain, we decided to create a dashboard using Flipside's new avalanche.core.ez_decoded_event_logs table. To start, we found Joepegs' contract address ('0xae079eda901f7727d0715aff8f82ba8295719977') and focused on the TakerBid and TakerAsk events, which correspond to NFT buying and selling transactions.

    By parsing the DECODED_LOG column, we were able to extract the buyer and seller addresses, as well as the collection and token IDs for each transaction. To calculate the sales volume in USD, we used the ethereum.core.fact_hourly_token_prices table to find the AVAX price.

    Next, we looked at fee/creation royalty payments, which were captured by events with the RoyaltyPayment name. This allowed us to calculate the fees and royalties paid by buyers and sellers on Joepegs.

    Finally, we evaluated the performance of different NFT collections on Joepegs over the past 7, 14, and 30 days, and visualized the results on the last page of the dashboard. By analyzing this data, we can gain insights into the popularity and profitability of different NFT collections on Joepegs.

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