Bobblz Activity Analysis

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    🟒 What is Flow?

    Flow is a blockchain designed for scalability without the need for sharding techniques, which enables low-cost, high-speed transactions and is suitable for decentralized applications such as NFT markets and crypto-based video games. Flow was designed by Dapper Labs, who decided to solve the problems of other blockchains by building a blockchain designed for games and other interactive experiences. Dapper now uses Flow for all of his projects, including NBA TopShot, but other developers can use it as well.

    πŸ”΄ What is Bobblz Collection?

    Bobblz is a vibrant animated genesis collection of 7777 full-body, PFP-style collectibles. This collection features 12+ unique rarity slots with over 200 hand-drawn traits (resulting in 100M+ animated combinations). Expect tributes to the greatest athletes of all times from basketball, football, hockey, MMA, and baseball - these super rares will be regarded as some of the rarest in the collection. All sports jerseys from each super rare athlete will be featured in the general collection as a way for Bobblz minters to show off their fandom and support their favourite team colours.

    All this will be remixed and generatively layered amongst some of the most quirky and eccentric traits and animations, fashionably styled using the most satisfying color palettes. Outside of a standard bobble, there will be subtle and synchronized looping animations, sure to give Bobblz a personality of their own. Feel confident that with any trait combination, a Bobblz will elevate your collection to the next level.

    🧱 Methodology

    We took help from Flipsidecrypto database to extract the data. We used the flow.core.ez_nft_sales table to check the buying and selling status of Bobblz NFTs. To receive information about buying and selling NFTs in this game, the condition NFT_COLLECTION='A.d45e2bd9a3d5003b.Bobblz_NFT' was considered. In the final part of this dashboard, we also used the flow.core.fact_transactions table to find the age of Bobblz users.

    🧠Purposes of Dashboard

    NFTs (Non-Fungible Tokens) have become increasingly important in the crypto market for several reasons. NFTs allow for the creation and ownership of unique digital assets that cannot be replicated or duplicated. This has opened up new opportunities for artists, musicians, and other creators to monetize their work in a way that was not possible before. On the other hand, NFTs have increased liquidity in the crypto market by allowing for the trading of unique digital assets. This has created a new market for collectors and investors who are interested in owning rare and valuable digital items. The development of NFTs has spurred innovation in the crypto market by creating new use cases for blockchain technology. This has led to the development of new platforms and applications that are pushing the boundaries of what is possible with digital assets. Buying and selling NFTs on the Flow network is very prosperous and popular, and many collections have been launched on this blockchain. In this dashboard, one of the collections called Bobblz is analyzed. The buying and selling status of NFTs in this collection is reviewed. The performance of all buyers and sellers of NFTs in this collection is carefully examined and the best users are identified among them.

    Overview
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    πŸ“š Introduction
    πŸ“Š Trend Analysis
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    πŸ‘¨β€πŸ’»Top Users Analysis
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    🎨Top NFTs Analysis
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    NFTs Breakdown
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    πŸ’Ό Interaction with other Collections
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    But what other collections have Bobblz users bought the most? Bobblz users have also purchased other collections. A large number of these users (152 users) have purchased TopShot Collection NFTs. PackNFT and AllDay collections are also very popular among Bobblz users. The results show that one Bobblz user, 0x732ee6cedf4491de, has bought some nfts from 35 other collections. The address 0x8091d741f8daf54e is also an active Bobblz user by buying NFT from 29 other collections. Data shows that Bobblz users are very active in buying NFTs. The distribution chart of users based on the number of purchases from other collections shows that a large part of users have purchased more than 5 different collections. As mentioned, the address 0x732ee6cedf4491de is the top Bobblz user in terms of the number of nft purchases from different collections.

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    Age of Bobblz Users on the Flow Chain
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    So far, 219 distinct addresses have been identified as buyers or sellers of Bobblz NFTs. From these addresses, 120 unique buyers have so far purchased 567 NFTs from the Bobblz Collection from 143 sellers, paying a total of $24.9K USD. On average, each buyer bought 5 NFTs. On the other hand, each seller sold 4 NFTs. The average purchase volume and sales volume of users are 207 USD and 174 USD, respectively. The most expensive NFT from the Bobblz collection traded at USD 555. Half of the NFTs were sold at a price of more than 16 USD, and in general, the average price of NFTs in this collection is 39.4 USD.

    The graph related to sales volume shows that the highest sales volume was recorded in August 2022. In this month, the sales volume was equal to 8.4K USD. Although the sales volume of Bobblz NFTs decreased in the last three months of 2022, the sales volume suddenly increased at the beginning of 2023 in January. In this month, the number of buyers and sellers reached more than ever before. On the other hand, the average price of NFTs in this collection also increased in January. Since February 2023, trading volume of Bobblz NFTs has dropped significantly. While the number of buying and selling of Bobblz NFTs reached its highest level in March. The largest volume of buying and selling of NFTs of this collection is recorded in the NFTStorefront market (about 98% of the sales volume and 96% of the number of sales).

    The address 0x3f57f39bab037da3 bought the most Bobblz NFTs. This address bought 98 NFTs for a total of 114 USD. The address 0xbb8b1e83f698e36c is in second place with 45 purchases. The total purchase volume of this address is 1960 USD. But 0x38c26a0857d5eb81 sold the most NFT. This address has sold 38 NFTs for a total of 1358 USD. The address 0xe25175044198d1ef also has the largest volume of purchases. The purchase volume of this address is equal to 2037 USD. The address 0x5348d42d2f180629 has also registered the highest volume of sales. This address has sold 24 NFTs from the Bobblz collection for a total price of 2607 USD.

    The chart below shows the NFT_ID of the 5 NFTs that were sold at the highest price. The most expensive NFT of this collection was traded at the price of 555 USD.

    The charts below categorize Bobblz NFTs by number of sales and average price. The results show that a large number of NFTs were traded only once. Only 3 NFTs were detected, whose number of sales is equal to 4 transactions. On the other hand, the results show that 214 NFTs were traded for less than 1 USD. 74 NFTs were also identified with an average selling price of more than 100 USD.

    Checking the age of Bobblz collection buyers or sellers shows that most of them recorded their first transaction on the Flow chain in 2021. More precisely, it can be said that the largest number of Bobblz users registered their first transaction on Flow in March 2021.

    34 Bobblz users were also born in September 2022. Only 4 addresses were identified to have started working on Flow in 2023.

    πŸ’‘ Conclusion

    Considering the boom of buying and selling NFT among Flow chain users, we analyzed the buying and selling of Bobblz nfts in this dashboard. The results show that the volume of buying and selling of NFTs in this collection has decreased in the past months, but the number of buyers and sellers has increased as well as the number of buying or selling transactions. The most sales of these NFTs are still recorded in the NFT Storefront market. The addresses 0x3f57f39bab037da3 and 0xe25175044198d1ef are the top users in terms of the number and volume of NFT purchases. The addresses 0x38c26a0857d5eb81 and 0x5348d42d2f180629 are also the top users in terms of the number and volume of sales of Bobblz NFTs. The price of the most expensive NFT traded from this collection is 555 USD (NFT_ID=1666188). The results show that most of the NFTs in this collection were traded at less than 1 USD. The highest number of sales of an NFT of this collection was equal to 4 sales. Bobblz users have been active in buying NFT from other collections, so that the most popular collection among them is TopShot. A Bobblz user has purchased NFT from 35 other collections. The analysis of buyers and sellers of this collection shows that most of them registered their first transaction on the Flow network in 2021.

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