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What is a city without a thriving center for arts and culture?!
- Analyze the NFT scene on NEAR. Projects, marketplaces, sales volume, user analysis, artist deep dive - as long as you provide an insightful and comprehensive take on an element of NEAR’s NFT ecosystem.
- Truly stellar submissions will also provide recommendations or ideas for how NEAR could help NFTs flourish - either by using data to guide their decisions, or by drawing on lessons from other blockchains.
- (Providing an image of an NFT or project you find beautiful or compelling can’t hurt, either…)
Introduction
Near Protocol is a project founded in 2019 by Alex Skidanov and Ilya Polosukhin, who were previously developers and engineers at Microsoft and Google. While it was founded in 2019, the main net was live in the mid of 2020 and has since developed very quickly.
NEAR is what we call a Layer One Blockchain, like Ethereum and Solana. The objective of NEAR is to allow developers to create decentralized applications on this Blockchain.
Methodology
This article requires us to use multiple tables and hence we describe some of them
- We identify the count of transferred NFTs transactions over time since launch. To accomplish this, we use the table
near.core.fact_transactions & near.core.fact_actions_events_function_calland set the date limits tolog like '%nft_%'. - Total number of transactions made by the sender are counted using the function
count (distinct tx_hash)from thenear.core.fact_transactionstable
I updated this dashboard and added past 3 months timeframe to some charts. Also i divided some charts to Old and New Period. New Period: After July(Past 3 months) - Old Period: Before July
Analysis
A brief about analysis section.
We start the analysis section by
- looking at the number of total overview on Near protocol NFTs sales volume, users count and marketplaces, and then visualize the count of transactions on daily.
- Analysis of daily transfer transactions where we visualize the trend of user activities over time since launch.
- Visualize the distribution of number of transactions of each collections. Determine the top 10 transaction makers.
Vis 5 & 6 shows the daily count of transferred NFTs & total transactions types and cumulative growth of them, respectively.
The most of transactions in transfer NFTs was took placed on March 13th with more than 1800 number, And 2390 number in total on that day.
The total count of transactions on transfer and in total are 72k & 17.2k, respectively. that is same as Vis 1 & 3, respectively.
Vis 7 and Vis 7.1 shows the sender count and receivers of NFTs in daily.
And in Vis 8 the count of senders VS. cumulative growth of transactions are shown
Vis 9 &10 show the senders & receivers count based on the Total Transactions respectively.
It is quite obvious that the distribution this two parameter is going high when the number of transactions is more than about 1k.
Vis 11 shows the count of transactions on daily based on receiver accounts.
==staking.pars.near== have received most transactions on March and firth of April.
Then the most received transactions goes to ==stake.secretskelliessociety.near== with more than 2k tranasctions on May 31th.
Serious number of transactions was started on March 2022.
As we see in past 3 months, there were so many less transactions than the rest of the year, it is probably because of the market condition (bearish) and users are disappointing more day by day.
Vis 12 & 13 shows the daily count of transactions based on marketplaces.
On November 29th, 2021, the most of daily transactions count was took placed on Market.mintbase with 880 tx per day. and till February 13th, 2022 was the first Marketpalce base on tx count (As of Vis 14), and after that, it dropped to second place by marketplace.paras with 18k tx in total and 52.2% of tx counts. These 2 marketplaces are accounting over 90% of all near marketplaces.
Recently a new marketplace launched on near named simple and recorded some pretty good stats since early September.
Table 1 shows the statistics of NFTs by description, title tx count for mint and Media address.
In the Vis 15 Daily transactions count of minted NFTs base on their title are shown.
As of this visualize, can observed that on April 15th, the most of NFTs were minted that followed by April 13th in count of minting count.
If we ignored the Null titled, the fuzzy sky are the most minted NFTs title.
Vis 16 & 17 the Top 10 receivers & minted NFTs base on tx count are shown.
staking.paras, neartonstaking & stake.secretskelliessociety are 3 top receivers with more than 38, 19 & 13% of transactions, respectively.
Top 3 collections tiltes are Test, MainnetNFT9 & Drawstring!.
Vis 18 => 22: daily and total tx count and volume sales in price per collections are shown.
x.paras Have had significantly most of transactions count and volume sales in price over the all time.
And following that comic.paras is in the second place with more little count.
Conclusion
- The total count of transactions on transfer and in total are 72 & 17.2k, respectively.
- The day with most transactions was on March 13th, 2022 with more than 2390 tx count per day.
- distribution of senders & receivers count based on the Total Transactions is going high when the number of transactions is more than about 1k.
- staking.paras, nearton.staking & stake.secretskelliessociety are 3 top receivers with more than 38, 19 & 13% of transactions, respectively.
- On November 29th, 2021, the most of daily transactions count was took placed on Market.mintbase with 880 tx per day. and till February 13th, 2022 was the first Marketpalce base on tx count , and after that, it dropped to second place by marketplace.paras with 16k tx in total and 58% of tx counts.
- More than 90% of transactions took placed on marketplace.paras & Market.mintbase.
- x.paras Have had significantly most of transactions count and volume sales in price over the all time (Nearly to 100%).
- In overall, stats of near protocol were dropped badly recently and i think people are losing their trust in not just near, the whole crypto. It has been over 1 year that the market is bearish and always dropping and users are getting disappointed about crypto and its comeback.