Flow Topshot

    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.

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    Introduction

    Welome to FLOW! FLOW is the blockchain that lays under NFT platforms, and meant to mimic physical trading cards. They support cards for the several sports, including the NBA, UFC, and NFL. Flow is its own blockchain, with its own set of validators.

    What’s the popularity by playtype?

    The following graph shows a breakdown of the most popular NFTs by play type. All play types besides ”Rim” plays are on there, because a “Rim” play is essentially a sum of all plays other than steals.

    How is this impacted by WNBA representation?

    14.03% of the Topshots sold on Flow are from the WNBA.

    • The average WNBA game can expect 300,000 viewers, while the average NBA team can expect roughly 2,000,000.
    • The ratio of Mens to Womens spectators in relation to Topshot NFTs in the market is nearly identical
      • The WNBA gets 15% of the views of the NBA, while also getting 15% of the viewers as the NBA
        • There appears to be real movement in the WNBA crypto scene!

    Takeaways

    The only plays that happen significantly more frequently in the NBA than the WNBA are dunks- which are the lowest category in terms of quantity.

    14% of the Topshots being sold have little to no impact on the skew of play type popularity.

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    Takeaways

    The counts of NFT sales by play type follow the same pattern as their popularity. 2 pointers remain very much not in the cards, while mid-ranges are. This is fairly confusing because every mid-range shot is considered a 2 point shot.

    There is not 1 flipflop between count on the blockchain, and the number of sales.

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    Is there a pattern to the top selling teams?

    • Yes- each of the top 8 selling teams each made the Semi finals in their respective conference. This should not come as a coincidence, as the data is from fairly recently.

    • With the said, the Warriors have significantly more NFTs created than even the second closest- with the gap being roughly 40,000. The gap between the 2nd and 3rd most popular NFT projects are 4,000. There is no discrepancy between eastern and western conference representation, as each conference has 4 teams.

    Which players have the most mints?

    The most popular players in the NBA do not necessarily correlate to the most popular teams. For example, in the NBA, only 2 players out of the top 5 were on one of the best most popular teams.

    Among those 3 players, Lebron James stands atop as the “most skilled'“. The other two, are rising young stars.

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    Conclusions

    The most teams that are the most successful as 7-25-2022 are also the ones with the most mints. However, the most popular players are not always on the most popular teams. This could be for several reason, including

    • Great players on popular teams tend to steal each other’s thunder
      • Jayson tatum, Jaylen Brown
    • Great players tend to play together, and split demand

    The most common play types are 3 pointers, which reflect the most popular shot in today’s game, at a the high school, collegiate, and professional levels

    Seeing the WNBA and the NBA having similar proportions of viewers-to-NFTs minted is great. Implies similar demand.

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