What is Algorand network?
Algorand is a decentralized network designed to solve the triple problem of blockchain (speed, security and centralization). This network was launched in June 2019 (mid-June to mid-July 2018) by the computer scientist and professor of MIT University, Silvio Micali. Algorand is an open source blockchain with no need for permission that anyone can build and develop on. The focus of this network is on payments and execution of high-speed and instant transactions in the shortest possible time. Every second, more than 1000 transactions are processed in the network and finalized in less than 4 seconds.
What is NFT?
NFTs are non-exchangeable tokens. They are issued as a unique digital certificate of ownership for any type of digital asset. In fact, an NFT is a smart contract that is regulated and digitally secured using open source platforms (which anyone can download from sites like GitHub). Once written, it can be stored or permanently published as a token (usually called an ERC 721 token) on a blockchain network like Ethereum.
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Methodology
- In this dashboard, an in-depth look at the state of NFT trade, based on which the dashboard is parameterized, and in all charts, the MARKETPLACE name and the number of days that can be checked from the current date can be changed, and this dashboard is presented dynamically
- Items to be checked →
1- NFT trade summary statistics
2- Daily, weekly and monthly analysis of NFT sales in terms of number of sales, number of buyers, sales volume, etc.
3- Distribution of types of wallets in terms of the number of NFT trades in summary, daily, weekly and monthly
4- Analysis in terms of top 10 collections in terms of daily, weekly and monthly
Weekly
Monthly
Daily
Distribution of wallet balances
Analysis in terms of top 10 collections
NFT trade summary statistics