Introcution

Nakamigos was created in March 2023 by an anonymous collective called HiFo Labs. Little is known about the project’s founders, although according to a blog post it was created by an “‘OG’ crypto artist with many years of experience in digital art.” Rumors spread that the project was connected to CryptoPunks creator Larva Labs because of its aesthetic, though its founders quickly shut down the idea.

The project’s enormous growth in such a short span of time is likely tied to clever marketing and its connection to Sartoshi. In a public stunt, the Nakamigos team gifted 24 NFTs to major crypto influencers including Art Blocks creator Erick Calderon, NFT trader DJ Seedphrase and artist XCOPY that were created in their likeness, going as far as to amplify the act via a paid exposure campaign. Source

Approach

Nakamigos is one the most trending and hype projects on Ethereum over the past couple of weeks. In this analysis we'll take a deep look into this project.

Method

For this analysis I've used Ethereum database provided by Flipside Crypto. There are some tables on this database which are handy for our purpose. First table is ethereum.core.ez_nft_sales which gives us a lot of information such as top buyers, sales volume and transactions. In order to filter our results only to Nakamigos I've used their contract address which you can see in below:

NFT_ADDRESS = '0xd774557b647330c91bf44cfeab205095f7e6c367'