NFT Comparison

    Time to do some NFT analysis.

    Methodology

    ==1==- 5 protocols were used for this review→

    • Flow
    • Solana
    • Ethereum
    • Algorand
    • Optimism

    ==2==- Except for the part where the title has been used all the time, other tables and charts have been filtered for better understanding and insight in the following time frame→

    where block_timestamp::date>='2022-04-23' and block_timestamp::date<='2022-09-12'
    

    ==3==- The following tables have been used to extract information→

    flow.core.ez_nft_sales 
    solana.core.fact_nft_sales
    ethereum.core.ez_nft_sales
    flipside_prod_db.algorand.nft_sales
    optimism.core.ez_nft_sales
    

    ==4==- The following code is used to extract the daily price of Solana→

    select HOUR::date as day, avg(PRICE) as price_usd 
        from ethereum.core.fact_hourly_token_prices 
    where TOKEN_ADDRESS = '0xd31a59c85ae9d8edefec411d448f90841571b89c' group by 1
    

    ==5==-Average Sales Price/Day → Formula

    Daily price/("Total number of days")*"Number of sales transactions"
    
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    Average Buyers/Day

    Total

    :triangular_flag_on_post: In the table and graphs below, it is checked in the form of a bar graph and a percentage

    • Sales number
    • Unique buyers
    • Sales volume
    • USD$ sales volume
    • Average sales in USD$
    • Average Sales/Day
    • Average Buyers/Day
    • Average Sales Price/Day
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    Total Volume

    Total Volume USD$

    Total Sales

    Average Buyers/Day

    Average Sales Price/Day

    Average Sales/Day

    compare gorwth volume USD$ & Buyers

    Flow(All the time)

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    Solana(All the time)

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    Ethereum(All the time)

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    Algorand(All the time)

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    Optimism(All the time)

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    Conclusion

    • The Flow protocol is the lowest among other protocols in terms of the number of sales, the number of unique buyers, the dollar sales volume, and the average sales volume.
    • As expected, the highest number of sales and dollar sales volume and average daily sales were for the Ethereum protocol
    • The highest average daily dollar price was for the Algorand protocol

    • The highest contribution number and average number of unique buyers among all protocols was on June 2, 2022
    • The highest volume of sales among all protocols was on May 4
    • The highest dollar volume of sales among all protocols was on May 1
    • The highest number of sales and the average number of sales per day was on September 7, 2022
    • Looking at the chart of average daily sales to price, after June 9, we see an increase in the price of the Algorand protocol
    • Looking at the graph of the growth of the dollar sales volume, on June 11, 2022, we see the growth of the Algorand protocol

    written by

    Discord ID: Sal☰h#1747

    email : saleh.mz@gmail.com

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