Quix vs Magic Eden vs OpenSea
Create a dashboard highlighting at least 3 metrics comparing marketplace performance and adoption between Quix (formerly Quixotic) on Optimism, Magic Eden on Solana, and OpenSea on Ethereum, since July of this year.
Conclusion
We compared three NFT marketplaces in this dashboard. Ethereum's Opensea, Solana's Magic Eden, and Quix. \n The top 5 collections on Opensea, Magic Eden, and Quix were studied. \n On this dashboard, we found:
- Most days, Opensea has the most volume. Quix's volume is tiny compared to the other two.
- Since September, Magic Eden and Quix's NFT sales have grown. The Quix's growth is likely due to the Optimism quests released in September, and Magic Eden's growth is related to the y00ts collection release.
- Most days, Opensea has more daily active users than Magic Eden.
- Opensea has more volume, but Magic Eden has more sales and users.
- The Quix platform has fewer volume, sales, and users than Opensea and Magic Eden.
- Most Quix users spend under $10.Consumers spend 100 to 1000 USD on Magic Eden and Open See.
- The top collections on OpenSea Marketplace, Quix, and Magic Eden are Bored Ape Yacht Club, Opti Punk, and ABC.
Methodology
What's on the dashboard is:
- These three NFT markets' overall metrics are compared on various issues like daily and total sale volume, transactions, and active users.
- By showing the user distribution based on sales volume and sales count, we will try to analyze user behavior on each of these marketplaces.
- The top ten NFT collections for the Opensea, Magic Eden, and Quix marketplaces will be displayed.
Solana.core.fact nft sales, ethereum.core.ez nft sales, optimism.core.fact event logs, and optimism.core.ez nft sales are the four major tables we'll use for this bounty.
Introduction
What is Magic Eden?
Magic Eden is a decentralized NFT buying and selling platform that allows users to buy, sell and trade unique digital assets. It is built on the Solana blockchain and allows users to interact with each other in a trustless environment.
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What is OpenSea?
OpenSea is one of the most well-known marketplaces, where users can buy and sell non-fungible tokens (NFTs). NFTs are unique digital assets that come in many forms. They are often collectible and include a wide variety of art, in-game assets like avatars, metaverse land, community access passes, trading cards, music, and even domain names.
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What is Quixotic?
Quixotic is an NFT Marketplace project focusing on Digital Cards Collectibles, bringing these conventional items from the traditional world into the crypto space. The project believes that every single physical art form needs to be stored and digitized to keep as an original version.
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Top 5 projects on OpenSea based on volume from 2022
boredapeyachtclub the otherside mutantapeyachtclub azuki moonbirds
Top 5 projects on Magic Eden based on volume from 2022
Okay Bears DeGods Trippin' Ape Tribe Degen Apes Cets On Creck
Top 5 projects on Quix based on volume from 2022
optipunk elements of ganland bored town cryptovania mirror