What does NFT mean?

Questions:

• Is there more or less "whale" activity on Flow compared to each of the other chains?

• What do "whales" tend to focus on in Flow?

• How common is "flipping" on Flow (selling within 24 hrs, within a week etc) compared to other chains, or do wallets tend to hold onto their NFTs?

• Are wallets more interested in new projects, or already existing projects on Flow?

non-fungible token

NFT stands for non-fungible token. It's generally built using the same kind of programming as cryptocurrency, like Bitcoin or Ethereum, but that's where the similarity ends.

Physical money and cryptocurrencies are “fungible,” meaning they can be traded or exchanged for one another.

What is flow in crypto?

Total Unique buyer per day(Blockchain)

Flow (FLOW) is a high-performance blockchain specifically for creating NFTs, massive crypto games, and apps. Unlike general-purpose blockchains such as Ethereum, Flow is built to efficiently scale for potentially billions of people interacting with NFTs like in-game items.

The chart below shows the total daily Unique buyer based on blockchain.

According to the chart:

• Most of the users had bought Ethereum

• The most Ethereum that was bought was about 41K on June 2nd.

• The most Solana that was bought was about 25.6K on May 18th.

• The most Flow that was bought was about 22.6K on May 26th.

Percentage of unique buyer(Blockchain)

The donut below shows the Percentage of the unique buyer based on blockchain.

According to the chart:

• 53.9% of unique buyers had bought Ethereum.

• 33.9% of unique buyers had bought Solana.

• 12.2% of unique buyers had bought Flow.

Total volume per day(Blockchain)

The chart below shows the total daily volume based on blockchain.

According to the chart:

• Most volume related to Ethereum

• The most Ethereum volume was about 220M on May 10th.

• The most Solana volume was about 18.8M on May 16th.

• The most Flow volume was about 1.1M on May 19th.

Total buy per day(Whales Activities)

The chart below shows the total buy based on whales activities.

According to the chart:

• Most of the users had bought Flow

• The most Flow that was bought was 2240 on May 10th.

• The most Ethereum that was bought was 80 on May 15th.

• The most Solana that was bought was 47 on May 24th.

Total daily buying volume(Whales Activities)

The chart below shows the total daily buying volume based on whales activities.

According to the chart:

• Most buying volume related to Ethereum

• The most Ethereum buying volume was about 70M on May 9th.

• The most Solana buying volume was about 1.5M on May 16th.

• The most Flow buying volume was about 460K on May 19th.

Percentage of NFT Collections Flow Whales that bought the most

The donut below shows the Percentage of the top 10 NFT Collections Flow Whales that bought the most.

According to the chart:

• Most of the NFT collections flow whales were related to TopShot with 91.9%.

• In second place Most of the NFT collections flow whales were related to AllDay with 6.13%

Old or new NFT (Whales Activities)

The chart below shows which nft was new and which one was old based on whales activities.

According to the chart:

• Ethereum had 96 old NFTs and 34 new NFTs.

• Flow only had 100 new NFT.

• Solana had 79 old NFT and 100 new NFT.

Old or new flow wallet activities

The donut below shows which flow wallet activities were new and which one was old based on whales activities.

According to the chart:

• 99.6% of flow wallet activities were old

• only 0.4% of activities were old.

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