Question
- How popular are NFTs on Polygon?
- Track daily volume over the past month/year/etc.
- How many Polygon users started off with NFTs?
- Who made the most profit?
Introduction
Polygon is a blockchain that provides scalable, secure, and instant transactions with Ethereum currencies like ETH, USDC, and DAI. There are many advantages to buying NFTs on the Polygon blockchain, including: There are no more costly wallet initialization fees. Selling and buying NFTs is gas free.
Methodology
- In this dashboard, NFTs on the Polygon blockchain are analyzed.
- The
polygon.core
database is used in this dashboard, so only the data from June onwards has been accessed. - The following tables were used for data extraction:
polygon.core.fact_event_logs
polygon.core.fact_transactions
In the same way, the highest and lowest volume of sales are related to June 14 (151,965 MATIC)and June 6 (20,020 MATIC).
The chart below shows the top 10 NFT collections in terms of total number of trades. The top collection is also League of kingdoms.
The graph below shows the number of daily trades of the top 10 collections. The number of daily trades of League of kingdoms and Zed Horse is impressive.
In general, the average price of NFTs on the Polygon network is about 24.7 MATIC.
The chart below shows the time interval between the first wallet transaction and the first NFT minting for the number of different addresses. Over 9.2k addresses minted NFT on the first day. But the largest number of addresses minted NFT after 2 days.
Finally, the charts below show the top 10 NFT minters and top 10 NFT sellers in terms of amount of MATIC paid/received. Top NFT minter paid about 7.3k MATIC to mint NFTs. On the other hand, the top NFT seller has earned about 160k MATIC for selling various NFTs.