Try Quests to earn cryptoHighest Sales Volume
Q1. Which 3 NFT collections have the most total sales volume in the last 60 days on NFTX? These are transactions where someone redeems their NFTX tokens for a specific NFT.
Introcuction
For this Bounty, I will look into the NFT collections with the biggest sales volumes in the last 60 days on NFTX. As an additional analysis, in order to get the full picture of NTFX, I will also look into which collections made users pay the most gas fees, and look into the overall amount of gas paid to the platform - i.e. which collection made NFTX the most amount of money!
What is NFTX?
NFTX is a platform for making ERC20 tokens that are backed by NFT collectibles.
As we can see, NFTX is growing in its popularity, we can see that the TVL is on a slow, but an upward trend since the inception of the platform! Let's now look into which collections have been the most popular in the past 60 days...
As we can see, Milady has been the collection with the biggest volume of sales, followed by Doodles and lastly BoredApeYachClub. Let's look into what each collection consists of!
All of those collections attracted many users in the past 60 days, making them the top 3 collections by sales volume on NFTX. Let's now explore the space a little bit more and look at some other metrics.
As we can see, Milady still wins when it comes to the number of transactions made in the past 60 days.
We can also see that the third place belongs to GoblinTown, the fourth to Tubby Cats and the fifth - to Shinsei Galverse. Note - the second place consists of 'null', a collection without a label. It could be either that there is a few collections that are not labelled in the tables, and sum together as one collection with the second place of the biggest number of transactions.
We can see that Milady is still the winner in this category. It used the most gas out of all of the other NFTX collections - users paid in total almost $220k of fees to buy the cute Milady NFTs!
Let's now also look at the overall platform fees and see how much NFTX made from all of the fees paid by all of the users in the past 60 days.
Milady and Doodles earn the top places again - NFTX earned a lot of money thanks to these collections. It's clear that they are very popular and have made a looot of sales in the past 2 months!
Conclusion
This dashboard has looked into the whole picture presented by NTFX. I have explored which collections had the biggest sales volume in the past 60 days, followed by which collections made the most transactions. As an additional analysis, I also investigated how much money NFTX as a platform has made, based on the fees paid from each collection.
