overview

Solana is a cryptocurrency that was designed to work similarly to and improve upon Ethereum. Named after a small Southern Californian coastal city, Solana is the brainchild of software developer Anatoly Yakovenko.

Yakovenko first proposed the innovative blockchain in 2017, and Solana launched in March 2020. It’s quickly become a popular crypto, ranking among the top 10 cryptocurrencies by market cap.

In recent news, the Solana ecosystem experienced a hack on Aug. 2. Blockchain investigators and crypto investors allege there was a private key compromise that allowed hackers to steal Solana tokens, known as SOL, from Slope, Phantom and TrustWallet. Users reported that their funds were drained from these “internet-connected” wallets.

Solana Status, which is run by the Solana Foundation, tweeted about the incident: “After an investigation by developers, ecosystem teams, and security auditors, it appears affected addresses were at one point created, imported, or used in Slope mobile wallet applications. This exploit was isolated to one wallet on Solana, and hardware wallets used by Slope remain secure. While the details of exactly how this occurred are still under investigation, but private key information was inadvertently transmitted to an application monitoring service.”

Estimates of the damage vary, with reports of more than $6 million in digital assets being stolen.

What Are NFT Royalties?

NFT royalties are payments that compensate original NFT creators for the use of their non-fungible tokens (NFTs). In business, royalties generally pay the creator a percentage of sales or profits. With NFTs, royalties are usually set by the owner during the minting process.

Royalties from NFTs give the original owner a percentage of the sale price each time the NFT creation is sold on a marketplace. The average NFT royalty typically ranges from 5-10%. In most NFT marketplaces, the creator can choose their royalty percentage and the payments are automatic upon each subsequent sale in the secondary market.

Methodology

The things we deal with in this dashboard The most controversial issue regarding Solana over the past month has been NFT royalties. After platforms like Yawww and Solanart moved to 0% producer royalties, and eventually Magic Eden followed suit, the market was in turmoil.

Is this true or a misrepresentation of the success of NFT projects? What projects have relied on NFT royalties more than others? In which portfolios were wallets more likely to use 0% royalty? Higher royalty percentage? Higher floor volumes? Is the current royalty a sign of the health and sustainability of the project? How much of a 0% royalty sale can be accounted for by a wash transaction rather than genuine user interest? Was this real user demand or were decisions made based on inflated data? Compare Solana's 0% increase in royalty market behavior to Ethereum. Are users paying less royalties to Solana?

In this dashboard, from the solana.core.fact_nft_mints table with the MINT_CURRENCY filter LIKE 'So111111111111111111111111111111111111111111' From the table solana.core.fact_nft_sales and ethereum.core.ez_nft_sales, it is divided according to the May marketplace as follows 0% Marketplace >>> ('yawww', 'solanart', 'hadeswap', 'solport', 'coral cube')

royalty Marketplace>>> ('opensea', 'magic eden v1', 'solana monkey business marketplace', 'magic eden v1')

Top Collections (Mint/Royalty Revenue)

It can be seen that the collection of Transdimensional Fox Federation has the largest volume in Mint, in the audio that Degen Fat Cats has the largest number of Mints. In Royalty, the Okay Bears collection has the largest volume

In the daily chart, you can also see that the number of sales that Mint started on December 13 and since January 13 has increased. In terms of volume statistics, mINT is still much lower than Royalty and has experienced a good increase in the number of sales and the number of buyers from May to September.

In the weekly statistics, the following can be seen: Fee Type in the number of sales Royalty Marketplace initially had more than Zero percent Marketplace, but on the 28th of February, this statistic was reversed and Zero percent Marketplace took over. This statistic is almost shown in the weekly chart, which has experienced a higher volume in Abanda Zero percent Marketplace, but then Royalty Marketplace has a larger volume, and in recent months, Zero percent Marketplace has experienced more and more increasing statistics.

It can be seen in Marketplace statistics Based on the volume in Zero percent Marketplace, it can be seen that SolPunks is the best Marketplace and it can be seen in Royalty Marketplace Okay Bears has the largest volume

In the daily wash sale statistics, it can be seen that the number of wash sale statistics is very low, and on the 9th of August, the number of buyers who organize the wash sale has increased, and in terms of the number of wash sales, the number of wash sales has increased on January 26 and August 9.

It can be seen that due to the progress of more markets in the market, Zero percent Marketplace is still the most popular sales statistics and sales volume for Opensea franchise. And it still has the highest statistics in Royalty Marketplace overall

In the general charts, it can be seen that Royalty's statistics are higher than Mint's in all cases The number of sets is 359,724 against 117,604 Its volume is 13 m against 3206 thousand And the number of Royalty transactions compared to Mint is 104K compared to 41K

activity by Fee Type

Top Collections by Marketplace

wash sale activity

Top Ethereum NFT Sale Markeplace

Conclusion

It can be seen that the collection of Transdimensional Fox Federation has the largest volume in Mint, in the audio that Degen Fat Cats has the largest number of Mints. In Royalty, the Okay Bears collection has the largest volume In the general charts, it can be seen that Royalty's statistics are higher than Mint's in all cases The number of sets is 359,724 against 117,604 Its volume is 13 m against 3206 thousand And the number of Royalty transactions compared to Mint is 104K compared to 41K In the daily chart, you can also see that the number of sales that Mint started on December 13 and since January 13 has increased. In terms of volume statistics, mINT is still much lower than Royalty and has experienced a good increase in the number of sales and the number of buyers from May to September. In the weekly statistics, the following can be seen: Fee Type in the number of sales Royalty Marketplace initially had more than Zero percent Marketplace, but on the 28th of February, this statistic was reversed and Zero percent Marketplace took over. This statistic is almost shown in the weekly chart, which has experienced a higher volume in Abanda Zero percent Marketplace, but then Royalty Marketplace has a larger volume, and in recent months, Zero percent Marketplace has experienced more and more increasing statistics. It can be seen in Marketplace statistics Based on the volume in Zero percent Marketplace, it can be seen that SolPunks is the best Marketplace and it can be seen in Royalty Marketplace Okay Bears has the largest volume In the daily wash sale statistics, it can be seen that the number of wash sale statistics is very low, and on the 9th of August, the number of buyers who organize the wash sale has increased, and in terms of the number of wash sales, the number of wash sales has increased on January 26 and August 9

It can be seen that due to the progress of more markets in the market, Zero percent Marketplace is still the most popular sales statistics and sales volume for Opensea franchise. And it still has the highest statistics in Royalty Marketplace overall

To make this dashboard, help was taken from jack the guy