What Is NBA Top Shot?

A virtual trading card platform built on blockchain serves as the NBA's Top Shot offering. It resulted from a collaboration between Dapper Labs, the NBA Players Association, and the NBA. The platform is powered by the FLOW blockchain, which Dapper Labs designed as a "developer-friendly blockchain engineered to enable the next generation of games, apps, and digital assets."

The system ultimately functions just like trading cards, with the exception that it blends NBA clips with digital graphics. The NBA grants Dapper Laps a license to use reels, which it uses to produce Moments. The highlights of videos that have been connected to NFTs are called moments. Every single one has a special digital serial number that certifies its authenticity and expresses how uncommon the Moment is. Moments serve as the framework for the Top Shot ecosystem.

The team only produces a finite quantity of NFTs to create scarcity, just like with trading cards. This raises the value and rarity of particular Moments, respectively.

Question:

Create an analysis on NBA Top Shots moments and attempt to uncover any correlations between a specific category and sales volume.

This week, focus specifically on the play_type column in the flow.core.dim_topshot_metadata table. What play_types do users hold most, and how much volume in sales do these play_types generate? Include any other transactional metrics you can think of.

Methodology

• We analyze the number of completed transactions for each play type, calculating total, daily, and cumulative metrics.
• Total, daily, and cumulative metrics are calculated to determine how many users hold in each play type.
• We then investigate how much NFT sales volume is generated in these play types by measuring the total, daily, and cumulative metrics.
• Finally, we assess the total number of new user transactions, the number of new users, and the volume of NFT sales for new users

Analysis I: (Typical NBA's Top Shot users)

Analysis II: (New NBA's Top Shot users)

The pie graphic depicts the percentage of overall NBA Top Shot transactions attributed to each play type. Rim had the most transactions (40.6 percent). Pointer has the second-highest transaction rate, at 15.5 percent. With 13.2 percent, Assist has the third-highest number of transactions. Meanwhile, the Handles type has the fewest transactions (3.17 percent). According to our findings, the bulk of NBA Top Shot transaction volume is the Rim kind.

The bar graph demonstrates the transaction volume of NBA Top Shot trades by play type. The chart's trend seems to be unstable, with its peak occurring on May 6, 2022. We also discovered that the number of transactions between May and June 2022 is concentrated. In addition, we found that the number of Rim transactions exhibits the predominant trend across the period of time investigated.

The area chart shows the cumulative number of NBA Top Shot transactions by play type. We discovered that the chart trend is rising with the Rim type as the main pattern. This result indicates that usage of each play type will increase continuously in the near future.

The percentage of all NBA Top Shot users assigned to each style of play is shown in the pie chart. The majority of users (30.6%) were on Rim. At 17.3%, Pointer has the second-highest percentage of users. The third-highest percentage of users is on Assist, at 15%. Conversely, the Handles type has the lowest users (4.11 percent). Our findings indicate that the Rim type makes up the majority of NBA Top Shot users.

The bar graph depicts the number of daily NBA Top Shot users for each play type. The trend of the chart is shaky, with the peak happening on May 6, 2022. We also noticed that the number of users is high between May and June of 2022. In addition, we determined that the number of Rim users demonstrates the major tendency during the analyzed time period.

The area chart depicts the total number of NBA Top Shot users by play type. We noticed that the chart trend is growing, with the Rim pattern being the prevalent pattern. This conclusion shows that the use of each play type will expand steadily in the near future.

The pie graphic depicts the proportion of NBA Top Shot sales volume produced by each play type. Rim accounted for the bulk of sales volume (36.5 percent). Pointer has the second-highest proportion of sales volume, with 20.7 percent. Assist has the third-highest proportion of users, at 13.9 percent. In contrast, the Handles kind has the lowest sales volume (3.75 percent). According to our findings, the Rim type accounts for the bulk of NBA Top Shot sales volume.

The bar graph illustrates the daily sales volume of NBA Top Shot for each play type. The chart exhibits an unstable trend, with the peak actually happening on May 6, 2022. In addition, we have observed that the volume of sales is strong between May and June of 2022. In addition, we discovered that Rim's sales volume exhibits the predominant trend within the examined time period.

The area graph illustrates the cumulative sales volume of NBA Top Shot for each play type. We observed that the chart trend is ascending, with the Rim pattern dominating. This result indicates that the amount of NFT sales for each play type will increase gradually in the near future.

The pie chart illustrates the proportion of NBA Top Shot transactions from new users for each play type. The most transactions were conducted by Rim (30.2 percent). With a second-highest transaction rate of 26.5%, Pointer ranks second. Assist has the third-most transactions with 15.2 percent market share. In contrast, the Handles category contains the fewest transactions (3.82 percent). According to our findings, the vast majority of NBA Top Shot transactions for new users are from the Rim type.

The pie chart depicts the proportion of new NBA Top Shot users allocated to each type of play. Rim held the most of users (27.9 percent). Pointer has the second-highest proportion of users, with 25.4%. At 15 percent, Assist has the third-highest proportion of users. In contrast, the Handles type has the smallest number of users (4.51 percent). Our statistics reveal that the majority of new NBA Top Shot users are of the Rim type.

Summary

• According to the number of transactions, the number of users, and the amount of NFT sales volume, this investigation revealed the significant fact that Rim was the most popular play type.
• This analysis also revealed that Rim was the most popular play type among NBA Top Shot new users based on the number of transactions and the number of new users.
• Surprisingly, in terms of NBA Top Shot's new user sales volume, Pointer was the most popular play type.

The pie chart displays the percentage of NBA Top Shot sales volume produced by each play style from new users. Pointer represented the majority of sales volume (35.4 percent). Rim has the second-highest sales volume share, at 29.2 percent. At 14.9%, Assist has the third-highest percentage of users. The Handles category has the lowest sales volume (1.84 percent). According to our results, the Pointer type accounts for the majority of new users' NBA Top Shot sales.