Try Quests to earn FLOWNBA Playoff Usage
Q.15 Analyze the start of the NBA playoffs (mid-April) and determine whether it had an impact on Flow transaction volume. What about NBA Top Shots?
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]
1-Show Flow transaction volume by date
2-Show Total number of unique flow bolckchain users by day
3-show NBA Top Shots transaction volume by day
NBA Playoff began on 16 April and ended on 19 June
flow transactions volume did not change because of the NBA playoff but from 20 April to now we have an up trend.
In some days we had a surge in unique wallets transactions
In this chart, we can see that when the NBA Playoff began the number of transactions related to NBA Topshot increased, and then we have a downtrend in transaction volume to now.
we can say that the number of transactions related to NBA top shot increased because of NBA Playoff
1-flow transactions volume did not change because of the NBA playoff but from 20 April to now we have an up trend.
2-we can say that the number of transactions related to NBA top shot increased because of NBA