This minting event, which spanned a 24-hour period, introduced a unique twist with three distinct allowlists, each influencing the price of packs offered. Formula E enthusiasts and NFT collectors vied for coveted spots on these lists, as being on the allowlist afforded exclusive access and pricing benefits. However, even those who missed out on the initial minting still have a chance, thanks to a partnership with Flowverse, a secondary marketplace that continues the excitement beyond the initial minting window.

The minting sale itself featured two types of crates: Team Crates, offering users a selection of 2 drivers and 2 cars (one of which is an epic card), and Solo Crates, where users received a single random card, either a driver or a car. Prices for these crates varied depending on which allowlist a participant was on, offering an incentive to secure a spot on a higher tier of access. Furthermore, the odds of acquiring legendary, epic, common, or rare cards differed based on the specific allowlist.

In this analysis, we will delve into the evolution of the minting process in both phases, allowlist and public, as well as accounts created on the game and racing stats. We will explore key metrics such as the number of mints, the cards minted, the number of buyers, the volume generated, and more, shedding light on the impact and success of Formula E: High Voltage's groundbreaking NFT minting sale and what it signifies for the ever-expanding world of blockchain gaming.

Formula E High Voltage Accounts:

• Over 1,000 accounts created on the Formula E High Voltage platform since September 15, 2023.

• Each account receives a generous bundle of more than 5,000 free NFTs, including 2 drivers and 2 cars.

• Account creation initially remained stable below 50 per day until early October, then spiked to over 100 daily and now consistently stays above 50.

Data Collection: Start by extracting relevant data from the FormulaE minting sale on Flipside Crypto. Ensure you have access to comprehensive and up-to-date data, covering the minting event and the initial hours of secondary sales on Flowverse.

Segmentation by Allowlist: Categorize the minting participants into three groups based on their respective allowlists: Allowlist 1, Allowlist 2, and Allowlist 3. This segregation will be crucial for comparative analysis.

Minting Metrics Analysis: Calculate and record the following minting metrics for each allowlist:

• Number of mints for Team Crates and Solo Crates.
• Cards minted for each card type (legendary, epic, common, rare) and for each crate type.
• Number of unique buyers participating in each allowlist.
• Total volume generated by each allowlist during the minting event.

Secondary Sales Monitoring: After the minting event concludes, continue to monitor the secondary sales on Flowverse. Track the volume, number of transactions, and pricing trends for FormulaE NFTs in the secondary marketplace.

Time-Series Analysis: Create time-series graphs to visualize the evolution of minting metrics and secondary sales over the 24-hour period following the minting event. This can help identify trends, spikes, or fluctuations in activity.

Comparative Analysis: Compare the performance of the three allowlists in terms of mints, cards minted, number of buyers, and volume generated. Identify any notable differences in participation and results.

In the ever-evolving landscape of blockchain-based gaming and NFTs, the recent FormulaE minting sale that took place at 9 am yesterday has sparked immense interest and enthusiasm among racing and crypto enthusiasts alike. Formula E: High Voltage stands as the pioneer in its category, serving as the first official Formula E blockchain racing game that brings an exciting Play-&-Earn experience to the world of motorsport.

In Formula E: High Voltage, players don the mantle of a Team Principal, wielding strategic decisions that hold the key to their championship journey's success. The game revolves around managing two car/driver pairings to maximize combined points, ensuring a thrilling and strategic gaming experience.

Formula E Minting Sale:

• A total of 78 mints occurred, resulting in 249 unique cards minted and generating $7,858 USD in volume. Minting options included Team Crates (2 drivers and 2 cars, including 1 epic card) and Solo Crates (random driver or car cards).
• Different allowlists determined pricing and card rarity distribution.

Public Minting:

• Six public sales have taken place, featuring 6 unique users, and have resulted in the minting of 20 NFTs and over $700 USD in revenue.
• On average, each wallet spent $120, resulting in an average of 3.3 NFTs minted per wallet.

Racing Tournaments:

• Approximately 100 tournament joins from 29 unique players.
• Ten tournaments have been completed, with each player averaging 4.5 races.
• Peak racing activity was observed between 4 PM and 7 PM UTC.