Flowverse NFT Marketplace Vol. III: Introducing Flowverse XP

    Flowverse XP Dashboard: Your gateway to the Flowverse NFT marketplace's ultimate points system. Track your Flowverse XP, explore key metrics, and discover exclusive rewards. Real-time data and personalized insights await. Start your immersive journey today!

    What is Flowverse XP?

    Welcome to the cutting-edge world of Flowverse XP, the revolutionary points system that takes your journey within the Flowverse NFT marketplace to new heights. Flowverse XP, lovingly referred to as FXP, represents an experimental approach to rewarding our dedicated community members, offering them unparalleled benefits and exciting opportunities that will elevate their experience like never before.

    At its core, Flowverse XP has been meticulously designed to recognize and appreciate the unwavering loyalty of our users within the captivating realm of Flowverse NFT marketplace. By participating in this innovative points system, you embark on a thrilling quest to accumulate Flowverse XP, enabling you to ascend through the ranks and unlock exclusive rewards and benefits that await you in the near future.

    So, how can you earn Flowverse XP? It's simple! There are multiple avenues to bolster your FXP balance:

    • Buying NFTs on Flowverse NFT Marketplace: With every US$1 you spend on purchasing NFTs, you become eligible to earn 1 FXP. Rest assured, each FLOW token transaction will be seamlessly converted to USD at the moment of transaction, ensuring you receive the rightful rewards you deserve.

    • Selling NFTs on Flowverse NFT Marketplace: Your creative endeavors don't go unnoticed! For every US$1 earned from selling an NFT, you'll earn 1 FXP. Your artistic contributions play a pivotal role in shaping the Flowverse, and we believe in acknowledging your hard work.

    • Boost with a Flowverse Mystery Pass: Owning one or more Flowverse Mystery Pass NFTs grants you an additional edge. Your FXP will receive a substantial boost with every eligible transaction, rewarding your enthusiasm for exploring the unknown within the Flowverse.

    Flowverse XP brings with it a plethora of potential rewards and benefits that will leave you awestruck. Prepare to be enthralled with a variety of offerings, ranging from exclusive NFTs that are one-of-a-kind masterpieces to valuable fungible tokens that hold immense value within the Flowverse. Your unwavering dedication will be aptly rewarded with treasures that are beyond your wildest dreams.

    Now, the grand adventure has already begun! Season one of Flowverse XP is already live, and your quest to earn and enjoy the alluring rewards and benefits is now in full swing. While we anticipate an incredible journey for our community, it is important to note that, in the spirit of exploration and experimentation, the end of season one remains fluid and could conclude at any time within this year.

    So, are you ready to take on the Flowverse XP challenge? Embark on this extraordinary journey, accumulate FXP, and unlock the possibilities that await you. Brace yourself for a dynamic experience within the Flowverse, where your efforts and dedication are celebrated and rewarded like never before. The future is bright, and the wonders of Flowverse XP are yours to explore!

    Methodology

    To provide accurate and insightful analysis for the Flowverse XP ecosystem and its related metrics, we rely on a robust data extraction approach leveraging Flipside Crypto's cutting-edge on-chain data platform. Flipside Crypto serves as our trusted data partner, granting us access to a comprehensive dataset of transactions and events taking place within the Flowverse NFT marketplace.

    Data Collection: The data collection process involves capturing relevant on-chain events, including purchases and sales of NFTs, transactions involving FLOW tokens, and the ownership of Flowverse Mystery Pass NFTs. Flipside Crypto's platform enables us to query the blockchain efficiently and access real-time and historical data, ensuring we have a comprehensive view of the Flowverse XP ecosystem.

    Flowverse XP Metrics: To gain valuable insights into the Flowverse XP points system, we have implemented a series of custom metrics. These metrics include:

    Flowverse XP Distribution: This metric analyzes the distribution of Flowverse XP across different users and ranks, shedding light on the most active and loyal participants in the ecosystem.

    Flowverse Mystery Pass Adoption: By examining the adoption rate of Flowverse Mystery Pass NFTs and the impact they have on boosting Flowverse XP, we can assess the allure and benefits of these exclusive passes.

    Retention Rate of Flowverse XP Users: This metric allows us to gauge user engagement and loyalty by measuring the retention rate of users who continue to accumulate Flowverse XP over time.

    Top NFT Buyers/Sellers by XP: Through this metric, we identify and rank the most influential NFT buyers and sellers within the Flowverse based on their Flowverse XP earnings.

    XP Earned vs. Flowverse Pass Holdings: This metric compares the Flowverse XP earned through NFT transactions with the Flowverse Pass holdings, indicating the combined impact of both factors on user rewards.

    Key insights
    • Flowverse XP Distribution: The majority of wallets (over 1,500) have accumulated less than 100 FXP points, while less than 100 wallets fall within the 100 to 200 FXP range. The top user has received an impressive 3,495 FXP. The FXP points are not directly related to the number of Flowverse Mystery Pass holdings, indicating that different factors contribute to the FXP accumulation.

    • Daily FXP Distribution: The initial distribution of FXP saw over 60,000 FXP allocated to eligible wallets, mainly on the first day. After the initial phase, daily FXP distribution ranged from 50 to 1,000 FXP per day, resulting in a total of nearly 100,000 FXP distributed so far.

    • Active Users and New Registrations: The Flowverse XP program initially attracted over 800 active users, and the number of active users has remained relatively stable, fluctuating between 10 and 30 users. The number of new users joining the program has been consistent, with over 10 new users daily, except for one day. As of now, 949 unique wallets have received FXP.

    • Flowverse Mystery Pass and Socks Adoption: Both Flowverse Mystery Passes and Socks experienced an initial surge in adoption, with approximately 400 active users obtaining Mystery Passes and around 35 active users acquiring Socks. However, the adoption rate declined significantly after this initial peak.

    • Correlation between FXP and Mystery Pass Holdings: There is no evident correlation between the number of Flowverse Mystery Pass holdings in wallets and the amount of FXP earned. This suggests that while owning more Mystery Passes may offer additional benefits, FXP acquisition is influenced by various factors.

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