FLOW Usage During the NBA Playoffs

    Q19. Analyze the NBA Conference Finals (May 17th- May 29th) and determine whether it had an impact on NBA Top Shot's volume.

    Did the Warriors, Celtics, Mavericks, or Heat see higher sales volume?

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    Introduction:

    NBA Top Shot is an NFT marketplace where sports fans can buy, sell and trade basketball video clips.

    Launched in 2020, NBA Top Shot is a partnership between the NBA and Dapper Labs, the creators of CryptoKitties. High-profile investors include the NBA legends Michael Jordan, Kevin Durrant and Klay Thompson.

    The platform is run using Dapper Labs’s Flow blockchain, and gives users the ability to trade digital assets based on video clips from NBA games. The Flow blockchain supports transactions on a range of other sports NFT marketplaces, like NFL All Day and UFC Strike.

    As of September 2021, NBA Top Shot had more than 1 million registered users. Data from NFT marketplace tracker DappRadar suggests that more than half a million NBA Top Shot had exchanged a total volume of nearly $1 billion on the platform since its inception.[1]

    Method:

    1-Show NBA Top Shots transaction volume by day

    2-Show Warriors, Celtics, Mavericks, or Heat sales transaction volume by day

    3-Comparison between Warriors, Celtics, Mavericks, or Heat sales number during NBA Conference Finals

    4-Show Warriors, Celtics, Mavericks, or Heat sales volume(flow token) by day

    5-Comparison between Warriors, Celtics, Mavericks, or Heat sales volume during NBA Conference Finals

    We can see a local increase in transaction volume of NBA topshot from 17 May to 29 May and on May 21 we see a surge in transaction volume

    The amount of transaction numbers increase days before the final and the transaction number of 4 teams increased during the final days in May 22 we see huge NFT sales of 4 teams

    From the aspect of transaction numbers, 4 teams are almost the same but Mavericks is a little bit more

    Sales volume increased during the final and we see a local increase in May 22

    The sales volume of warriors is more than other team

    Conclusion:

    1-We can see a local increase in transaction volume of NBA topshot from 17 May to 29 May and on May 21 we see a surge in transaction volume

    2-The amount of transaction numbers increase days before the final and the transaction number of 4 teams increased during the final days on May 22 we see huge NFT sales of 4 teams

    3-Sales volume increased during the final and we see a local increase in May 22

    4-The sales volume of warriors is more than other team

    5-Mavericks have sold more than others but warriors volume(flow) is more than others

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