Try Quests to earn SOLThe 0% Marketplaces
Create a dashboard that compares traction between the 0% royalty marketplaces like Yawww and Solanart with Magic Eden.
❓The 0% Marketplaces
Create a dashboard that compares traction between the 0% royalty marketplaces like Yawww and Solanart with Magic Eden.
Is Yawww eating into the market share of Magic Eden? What NFTs have been most popular to trade with 0% royalties? Is there a correlation between higher royalty percentages and frequency of being traded on Yawww compared to Magic Eden?
What percentage of trades on these ""user choice royalty"" marketplaces have not been with 0% creator royalties? \n
How do you see these trends continuing in the near future?
📝 Introduction
🟡 Yawww marketplace
Why should I list my NFT on Yawww instead of any other marketplace?
On Yawww, we empower the NFT OWNER by giving them a chance to decide for themselves how much and to whom they wish to pay the creator fees. Think that the collection's preferred creator fees are too much or too little? - up to you to make the adjustments. On average, the seller could get 8% more for their NFT than on any other marketplace.
How do sale listings work?
First, the seller chooses the NFT they'd like to sell and the listing terms (currency, price, creator fees). After confirming, the NFT is moved to an escrow wallet. When somebody chooses to buy it, the NFT is moved to their wallet, while the amount paid is sent to the seller with any relevant fees deducted.
🟡 What is Magic Eden?
Magic Eden is a decentralized NFT marketplace built on the Solana blockchain. Solana blockchain can process more than 65,000 transactions per second and its block time is one second. Solana's main competitor, Ethereum, can only process 30 transactions per second and has a block time of 15 seconds.
The decision to align with Solana has already paid off. Magic Eden is the largest NFT-related project on the blockchain, and by solving some of the initial technical issues, it has made the project even more advanced.
The Magic Eden platform launchpad is a montage that doubles as a review app. Of all projects that apply for availability, only 3% are accepted. This is done to maximize exposure, improve secondary trading potential, and ensure dedicated development support.
This is why Magic Eden strives to make the issuance of NFTs a seamless process. The marketplace charges a 0% listing fee. In addition, the transaction fee is 2%, while OpenSea, the largest NFT market at the moment, has a transaction fee of 2.5%. Launchpad is supposed to make creating and distributing NFTs an easy process. It requires little technical knowledge.
🟡 What is Solana art?
The first marketplace on Solana to buy, trade and sell non-fungible tokens (NFTs). Chat on chain with buyers/sellers
📃 Purposes of dashboard
In this dashboard, yawww , magic eden and solanaart marketplace is analyzed :
- Total count of transactions by royalty at each platform.
- Total count of users by royalty at each platform.
- Total and Daily / weekly / monthly count of transactions with 0% royalty.
- Total and Daily / weekly / monthly count of users with 0% royalty.
- Total and Daily / weekly / monthly count of transactions with more than 0% royalty.
- Total and Daily / weekly / monthly count of users with more than 0% royalty.
- Top 20 nft collections by count of transactions with 0% royalty.
- Top 20 nft collections by count of users with 0% royalty.
📃Contact Data
Discord : Abolfazl#2441
Email : Abolfazl.yeganeh77@gmail.com
**Twitter : **
thanks for Flipsidecrypto team
👀 Observation ( part(1) , part(2) )
-
The count of transactions in all over time:
- With 0% royalty ==173 M== (==99.2%==)
- With more than 0% royalty ==1.42 M== (==0.8%==)
-
Yawww with 0% royalty ==156.283 K== (==97.5%==)
-
Yawww with more than 0% royalty ==4029== (==2.5%==)
\
-
Magic eden with 0% royalty ==168.943 M== (==99.2%==)
-
Magic eden with more than 0% royalty ==1.358 M== (==0.8%==)
\
-
Solana art with 0% royalty ==1.82 M== (==99.3%==)
-
Solana art with more than 0% royalty ==31.11 K== (==0.7%==)
-
-
The count of users in all over time:
- With 0% royalty ==70.77 M== (==98.1%==)
- With more than 0% royalty ==1.4 M== (==1.9%==)
-
Yawww with 0% royalty ==141.742 K== (==97.2%==)
-
Yawww with more than 0% royalty ==4029== (==2.8%==)
\
-
Magic eden with 0% royalty ==68.5 M== (==98%==)
-
Magic eden with more than 0% royalty ==1.366 M== (==2%==)
\
-
Solana art with 0% royalty ==1.55 M== (==98%==)
-
Solana art with more than 0% royalty ==31.1 K== (==2%==)
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👀 Observation ( part(3) , part(4) )
- The count of transactions was in ==Sep==, ==Aug== and ==Jul== 2022 was more than other months.
- The maximum count of transactions was ==1.34 M== in one day is related to ==6 Sep== of 2022.
- The maximum count of transactions was in one week is related to ==first week== of Sep 2022. (==4.2 M== in Jan and ==2.3 M== at first week of Jan).
- Total count of transactions was ==169.7 M== .
- The count of users was in ==Sep==, ==Aug== and ==Jan== 2022 was more than other months.
- The maximum count of users was ==1.22 M== in one day is related to ==6 Sep== of 2022.
- The maximum count of users was in one week is related to ==first week== of Sep 2022. (==10.5 M== in Jan and ==2.7 M== at first week of Sep).
- Total count of users was ==69.9 M== .
👀 Observation ( part(5) , part(6) ) -- more than 0% royalty
- The count of transactions was in ==Jan==, ==Feb== and ==Dec== 2022 was more than other months.
- The maximum count of transactions was ==13.7 K== in one day is related to ==6 May== of 2022.
- The maximum count of transactions was in one week is related to ==forth week== of Jan 2022. (==230 K== in Jan and ==79.4 K== at forth week of Jan).
- Total count of transactions was ==1.42 M== .
- The count of users was in ==Jan==, ==Feb== and ==Dec== 2022 was more than other months.
- The maximum count of users was ==13.7 K== in one day is related to ==6 May== of 2022.
- The maximum count of users was in one week is related to ==forth week== of Sep 2022. (==230 K== in Jan and ==79.4 K== at forth week of Sep).
- Total count of users was ==1.46 M== .