Try Quests to earn SOLSolana NFT Project Feature
Choose a NFT project from the following list and create a dashboard with the new Flipside dashboard layout that can refresh once a day highlighting at least 4 metrics of your choosing that helps show the "health" of the project. Note any noticeable trends or current events for the project. Highlight how liquidity is flowing in and out of the project and what types of buyers and sellers are interacting with the project.
Introduction:
Okay Bears is quickly becoming one of the most popular NFT collections on Solana.
Okay, Bears has quickly become amongst the most popular collections of non-fungible tokens based on Solana.
Okay Bears is a collection of 10,000 non-fungible tokens released on the Solana blockchain back on April 26th at a price of 1.5 SOL each (worth $150 on the day of the mint).
In a convincingly attractive and enjoyable way, the project’s manifesto hints at the team’s true intentions behind the collection – namely, to create a relaxed and vibrant community where the focus is on progress, “good vibes,” and acceptance.
The traits are divided into the following categories:
- Mouth
- Fur
- Eyewear
- Hat
- Clothes
- Eyes
- Background [1]
[1] :
Method:
In this dashboard, I analyzed Okay Bears NFT collection and I depicted the metrics that help show the "health" of the project:
1-Calculate Okay Bears Total Supply
2-Show Number of Buys & Sales by day
3-Show Average Sale volume by day
4-Show Okay Bears Floor, Average and high Prices By day
5-Show percentage of Okay Bears Market places activity
6-Show Top 10 Okay Bears NFT Buyers
7-Show Top 10 Okay Bears NFT Sellers
8-Show percentage of Whales activity
9-Show Whales activity vs total activity by day
10-Show Okay Bears Sales volume Vs all NFTs on Solana Sales volume by day
11-Show Okay Bears Sales Numbers Vs all NFTs on Solana Sales Numbers by day
Okay Bears is a collection of 10000 NFT which was minted on Apr 26, 2022 at the price of 1.5 SOL.
We can see that the number of Buys and sells is decreasing after mint date(April 26th) and that’s not a good thing to a project
Also the Average sale volume of the collection is decreasing over time
After mint, the price of the collection was not too high but after a while, the sale amounts decreased but the price increased and reached a plateau in point and after that, the price of the collection is decreasing.But the price is not decreasing as much as sale volume and sale counts
Most activities of the collection take place in magic Eden market place and only about 8 percent of all activity take place on Opensea
I decided to distinguish 100 first wallets with most trades as whales and I depicted 10 of each group in 2 above charts
Well,Okay bears is not controlling by whales and most of them belong to the community
As we can see first days after mint the whals activity was much more than now.
In this chart we can see the sale volume of all NFTs on Solana vs Okay bears sale volume and it is obvious that sale volume of all NFTs is decreasing over time but the sale volume of Okay bears is decreased more than all market sale volume and that’s a bad point for the collection
The sale numbers of all collections on Solana are not in a bearish trend but the sale numbers of Okay bears are decreasing very much.
Conclusion:
1-Okay Bears is a collection of 10000 NFT which was minted on Apr 26, 2022, at the price of 1.5 SOL.
2-the number of Buys and sells is decreasing after the mint date(April 26th) and that’s not a good thing for a project
3-Also the Average sale volume of the collection is decreasing over time
4-After mint, the price of the collection was not too high but after a while, the sale amounts decreased but the price increased and reached a plateau in point and after that, the price of the collection is decreasing. But the price is not decreasing as much as sale volume and sale counts
5-Most activities of the collection take place in magic Eden market place and only about 8 percent of all activity take place on Opensea
6-I decided to distinguish 100 first wallets with most trades as whales and I depicted 10 of each group in 2 above charts
7-first days after mint the whole activity was much more than now.
8-the sale volume of all NFTs on Solana vs Okay bears sale volume and it is obvious that the sale volume of all NFTs is decreasing over time but the sale volume of Okay bears is decreased more than all market sale volume and that’s a bad point for the collection
9-The sale numbers of all collections on Solana are not in a bearish trend but the sale numbers of Okay bears are decreasing very much.
10-sale volume of all NFTs on Solana is decreasing but the number of sales is not. maybe that’s because Sol price is decreasing
11-Okay bears are not in a healthy mode and all the metrics are decreasing over time