AllDay- Fantasy football impacts?

    This dashboard will attempt to uncover a correlation between fantasy football success and AllDay sales

    What impact does fantasy football success have on AllDay Sales?

    It appears that the correlation is low, and a majority of the user base is seeking profit rather than trying to collec the cards of their favorite players. This can be seen by the frequency in profitable trades, and by the players that have the largest buy/sell tendencies. Kyler Murray was a woeful fantasy disapointment this past season, and his uneventuful campaign was ended by an unfortunate ACL unjury toward the 2nd half of the season. However, he still garnered quite the number of sales. Tom Brady having the largest mean/median sales numbers was practically a given, but Patrick Mahomes will likely keep gaining steam in a close pursuit.

    FLOWs NFT Performance

    Firstly, the market saturation of NFTs might have contributed to the poor performance. Over the past couple of years, the NFT market has experienced explosive growth and attracted a plethora of collections across various industries. With numerous options available, collectors and investors have a wide range of choices beyond NFL AllDay. This increased competition may have diluted the demand for NFL AllDay NFTs, resulting in lower sales.

    Secondly, the lack of novelty and scarcity in the NFL AllDay NFT collection might be a contributing factor. The success of NFTs often hinges on their uniqueness, rarity, and perceived value. While the NFL AllDay collection represents NFL teams and players, which have a substantial fan base, it may not offer distinctive attributes or limited editions that excite collectors and drive up demand. As a result, potential buyers may be more inclined to explore other collections that offer more unique and rare NFTs.

    Additionally, the absence of notable marketing efforts and partnerships could impact the sales performance of NFL AllDay NFTs. Successful NFT projects often leverage strategic collaborations, endorsements, and promotional campaigns to generate buzz and attract attention. If the NFL AllDay collection lacks robust marketing initiatives, it may struggle to reach a wider audience and compete effectively with other NFT projects that have implemented strong marketing strategies.

    Furthermore, the user experience and functionality of the FLOW blockchain platform may influence the sales performance. NFT marketplaces with user-friendly interfaces, seamless transactions, and robust community engagement tend to attract more users and facilitate higher sales volumes. If FLOW does not offer an optimal user experience or lacks features that enhance engagement, it could discourage potential buyers from participating in NFL AllDay NFT sales.

    Lastly, broader market factors and investor sentiment play a role in the performance of NFT sales. The NFT market, like any speculative market, is subject to volatility and fluctuations. If the overall sentiment towards NFTs is negative or if market conditions are unfavorable, it can impact sales across all collections, including NFL AllDay.

    NFL AllDay- is fantasy relevent?
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    Methodology

    Obtianing the Fantasy players

    To get the top selling fantasy players in AllDay data from Flipside, I ran a standard query then removed the defensive players from the list.

    Obtianing the fantasy football data

    The data I used for Fantasy football metrics, was taken from a website called Sleeper. They are a leading fantasy football platform, and will be linked here: https://sleeper.com/

    Metrics

    As for the metrifs covered, they are fairly striaghforward but are listed here:

    • Mean
    • Median
    • Sales Count
    • Sales volume in USD
    • Distinct purchaser count
    • Profitable vs. unprofitable NFT swaps