NFTs in 2022
βA retrospective on the NFT market in 2022.
- NFT project with the highest volume of trades in 2022?
- Which NFT project had the largest mint by dollar?
- Which NFT project decreased the most in value this year?
- Which NFT project gained the most value this year?
- What was the price of the highest-selling individual NFT?
- Which NFTs had the longest hold time this year?
- Which NFT project had the least amount of NFTs listed for sale on an exchange?
- Which project had the most NFTs listed for sale on an exchange?
π Introduction
-
what is NFT ?
NFT means non-fungible tokens (NFTs), which are generally created using the same type of programming used for cryptocurrencies. In simple terms these cryptographic assets are based on blockchain technology. They cannot be exchanged or traded equivalently like other cryptographic assets.
Like Bitcoin or Ethereum. The term NFT clearly represents it can neither be replaced nor interchanged because it has unique properties. Physical currency and cryptocurrency are fungible, which means that they can be traded or exchanged for one another.
NFT stands for a non-fungible token, which means it can neither be replaced nor interchanged because it has unique properties.
Key Features of NFT :
Digital Asset - NFT is a digital asset that represents Internet collectibles like art, music, and games with an authentic certificate created by blockchain technology that underlies Cryptocurrency. Unique - It cannot be forged or otherwise manipulated. Exchange - NFT exchanges take place with cryptocurrencies such as Bitcoin on specialist sites.
-
How Does NFT Work?
Now that you've taken your initial steps in understanding what an NFT is, you should continue on and learn about how an NFT works.
- The majority of NFTs reside on the Ethereum cryptocurrency's blockchain, a distributed public ledger that records transactions.
- NFTs are individual tokens with valuable information stored in them.
- Because they hold a value primarily set by the market and demand, they can be bought and sold just like other physical types of art.
- NFTs' unique data makes it easy to verify and validate their ownership and the transfer of tokens between owners.
-
What is NFT Used For?
People interested in Crypto-trading and people who like to collect artwork often use NFTs. Other than that, it has some other uses too like:
- Digital Content - The most significant use of NFTs today is in digital content. Content creators see their profits enhanced by NFTs, as they power a creator economy where creators have the ownership of their content over to the platforms they use to publicize it.
- Gaming Items - NFTs have garnered considerable interest from game developers. NFTs can provide a lot of benefits to the players. Normally, in an online game, you can buy items for your character, but thatβs as far as it goes. With NFTs, you can recoup your money by selling the items once youβre finished with them.
- Investment and Collaterals - Both NFT and DeFi (Decentralized Finance) share the same infrastructure. DeFi applications let you borrow money by using collateral. NFT and DeFi both work together to explore using NFTs as collateral instead.
- Domain Names - NFTs provide your domain with an easier-to-remember name. This works like a website domain name, making its IP address more memorable and valuable, usually based on length and relevance.[reference]
-
what is NFT marketplace?
Non-Fungible Token or NFT marketplace is a marketplace that functions as a public Blockchain platform. However, this platform is gaining traction and driving developers and businesses to construct a marketplace, despite being in its nascent stage.
Online marketplaces for digital assets are the recent talk of the fintech town. But, of course, you have to build your own marketplace if you are planning to set foot in the digital market. The words cryptocurrency trading and blockchain technology are no longer unknown, and many people trade goods on several marketplaces.[reference]

π Purposes of dashboard
in this dashboard, I want to analyze the NFT market in 2022, for that my analyze have these parts to have a good sight:
- Monthly sales volume(usd) and number of sales in 2022
- Top projects with most sales volume(usd) in 2022
- monthly sales volume(usd) and number of sales of top five project in 2022
- Top NFTs in 2022 (analyze by sale)
- Top users of sale in 2022
- user categorize of sales in 2022
- Monthly mints volume(usd) and number of mints in 2022
- Top projects with most mints volume(usd) in 2022
- monthly mints volume(usd) and number of mints of top five project in 2022
- Top NFTs in 2022 (analyze by mint)
- Top users of mints in 2022
- user categorize of mints in 2022
- analyzing holding time of NFTs
- Marketplaces in 2022
- price changing of NFT projects
π Observation ( part(1) , part(2) , part(3) , part(4) , part(5) , part(6) )
-
total number of sales in 2022 was ==10.34M==.
-
total sales volume(usd) in 2022 was ==48.2B==.
-
most number of sales has happened in ==Jan==,2022 that was ==2.16M== and then almost had a ==decreasing== trend.
-
most sales volume(usd) has happened in ==Jan==,2022 that was ==16.18B== and then almost had a ==decreasing== trend.
-
the ==terraforms== project has most trade volume(usd) in 2022 that was ==12.19B== and ==37.6%== of total trade volume in 2022.
-
the ==meebits== project has second stage in trade volume in 2022 that was ==9.6B== and ==29.6%== of total trade volume in 2022.
-
almost in each month of 2022, ==terraforms== and ==meebits== projects have most sales volume than other projects.
-
almost in each month of 2022, ==terraforms== and ==meebits== projects have most number of sales than other projects.
-
the ==coincheck== NFT had largest sale volume(usd) in 2022 among other NFTs that is ==50.6M== and ==20.5%== of sales volume of NFTs.
-
the ==BASTARD GAN PUNK V2 #9711== NFT had second stage in largest sale volume(usd) in 2022 among other NFTs that is ==49.19M== and ==19.19%== of sales volume of NFTs.
-
the ==coincheck== NFT had most number of sales in 2022 among other NFTs that is ==955.97k== and ==35%== of number of sales of NFTs.
-
the ==mindds== NFT had second stage in number of sales in 2022 among other NFTs that is ==545.69k== and ==20%== of number of sales of NFTs.
-
0xd73e0def01246b650d8a367a4b209be59c8be8ab
had most sales volume(usd) in 2022 that is ==2.4B== and ==21.5%== of sales volume(usd). -
0xa53496b67eec749ac41b4666d63228a0fb0409cf
had second stage in sales volume(usd) in 2022 that is ==2.39B== and ==21.4%== of sales volume(usd). -
0xa99a76dddbb9678bc33f39919bc76d279c680c89
had largest sale volume(usd) in 2022 that is ==50.6M== and ==19%== of largest sales volume. -
0x35d0ca92152d1fea18240d6c67c2adfe0cca287c
had second stage in largest sale volume(usd) in 2022 that is ==49.59M== and ==18.6%== of largest sales volume. -
most sellers have ==2-5== sales in 2022 that is ==292.53k== and ==33.9%== of total number of sales in 2022.
-
in the second stage, sellers have ==just one sale== in 2022 that is ==278.73k== and ==32.3%== of total number of sales in 2022.
-
most sales have volume between ==101 and 1000$== that is ==4.15M== and ==48%== of total number of sales in 2022.
-
in second stage, sales have volume between ==1001-5000$== that is ==1.90M== and ==22%== of total number of sales in 2022.
\
π Observation ( part(7) , part(8) , part(9), part(10), part(11), part(12))
- total number of mints in 2022 was ==6.24M==.
- total mints volume(usd) in 2022 was ==13.28B==.
- total number of NFTs that minted in 2022 was ==39.5M==.
- most number of mints has happened in ==Jan==,2022 that was ==1.7M== and then almost had a ==decreasing== trend.
- most mints volume(usd) has happened in ==Jan==,2022 that was ==1.98B== .
- most number of NFTs that minted has happened in ==Sep==,2022 that was ==9.4M==.
- the ==uniswap== project has most mints volume(usd) in 2022 that was ==11.54B== and ==95.6%== of total mints volume in 2022.
- the curve finance== project has second stage in mints volume in 2022 that was ==190M== and ==1.58%== of total trade volume in 2022.
- almost in each month of 2022, ==uniswap== project have most mints volume than other projects.
- almost in each month of 2022, ==ens== project have most mints volume than other projects.
- almost in each month of 2022, ==ens== project have most number of NFTs that minted than other projects.
- the ==honeyflow abstract NFT had largest mint volume(usd) in 2022 among other NFTs that is ==55.17M== and ==24.6%== of mints volume of NFTs.
- the ==illuminati confirmed loop== NFT had second stage in largest mint volume(usd) in 2022 among other NFTs that is ==51.2M== and ==22.9%== of sales volume of NFTs.
- the ==coincheck== NFT had most number of mints in 2022 among other NFTs that is ==394.6k==and ==46.9%== of number of mints of NFTs.
- the ==mindds== NFT had second stage in number of mints in 2022 among other NFTs that is ==216.5k== and ==25.7%== of number of mints of NFTs.
0x1eab3b222a5b57474e0c237e7e1c4312c1066855
had most mints volume(usd) in 2022 that is ==1.3B== and ==28.5%== of mints volume(usd).0xecaa8f3636270ee917c5b08d6324722c2c4951c7
had second stage in mints volume(usd) in 2022 that is ==1.009B== and ==21.5%== of mints volume(usd).0xecaa8f3636270ee917c5b08d6324722c2c4951c7
had largest mint volume(usd) in 2022 that is ==73.8M== and ==24.9%== of largest mint volume.0xa8d7798949e7fe3fac03920e9b9cf9679472eaf8
had second stage in largest mint volume(usd) in 2022 that is ==50.8M== and ==17.2%== of largest mint volume.- most minters have ==2-5== mints in 2022 that is ==276.5k== and ==39.7%== of total number of mints in 2022.
- in the second stage, minters have ==just one sale== in 2022 that is ==276.4k== and ==39.7%== of total number of mints in 2022.
- most mints have volume between ==101 and 1000$== that is ==1.51M==and ==40%== of total number of mints in 2022.
- in second stage, most mints have volume less than 10$ that is ==908.8k== and ==23.9%== of total number of mints in 2022.
π Observation ( part(13), part(14), part(15))
- holding time average of NFTs in 2022 was ==15.75== days.
- top ten NFT projects that have most holding time in 2022 was ==364== days for all of these top NFTs.
- most number of sales have happened on ==opensea== platform in 2022, that is ==9.38M== and ==90.8%== of total number of sales.
- in second stage, most number of sales have happened on ==X2Y2== platform in 2022, that is ==381.85k== and ==3.69%== of total number of sales.
- most sales volume(usd) have happened on ==looksrare== platform in 2022, that is ==26.75B== and ==55.5%== of total sales volume.
- in second stage, most sales volume(usd) have happened on ==opensea== platform in 2022, that is ==16.44B== and ==34.1%== of total sales volume.
- the ==deafbeef== project had most increase in price(usd) in 2022 that is ==148.256k==.
- in second stage of price increasing, the ==dreadfulz== project had most price(usd) increasing in 2022 that is ==147.49k==.
- the ==meebits== project had most decrease in price(usd) in 2022 that is ==916.12k==.
- in second stage of price decreasing, the ==terraforms== project had most price(usd) decreasing in 2022 that is ==651.3k==.
πContact Data
Discord : Abolfazl#2441
Email : Abolfazl.yeganeh77@gmail.com
Twitter : profile
Twite of this analyze : Link
thanks for Flipsidecrypto team