overview

In this dashboard,I will review the following

• Compare and contrast the NFT market and ecosystem (Solana & Optimism & Ethereum & Flow)
• in terms of metrics such as:
• Total Sales
• Total Unique Buyers
• Total Volume
• Average Sales/Day
• Average Buyers/Day
• Average Sales Price/Day
• top platform for each platform
• charts & analysis

introduction

what is NFT ?

A non-fungible token (NFT) is a financial security consisting of digital data stored in a blockchain, a form of distributed ledger. The ownership of an NFT is recorded in the blockchain,and can be transferred by the owner, allowing NFTs to be sold and traded. NFTs can be created by anybody, and require few or no coding skills to create.[1] NFTs typically contain references to digital files such as photos, videos, and audio. Because NFTs are uniquely identifiable, they differ from cryptocurrencies, which are fungible. The market value of an NFT is associated with the digital file it references.

link source :

Methodology

To solve this problem,

First, I selected 4 networks of my choice. Then I considered the period of 6 months to check.

then investigated and recognized all 4 networks. Then, with the help of the main NFT sales tables in the Flipside database, I obtained the following information in each network.

• solana.core.fact_nft_sales
• optimism.core.ez_nft_sales inner join optimism.core.dim_labels
• ethereum.core.ez_nft_sales
• flow.core.ez_nft_sales
• then i got :
• Total Sales
• Total Unique Buyers
• Total Volume
• Average Sales/Day
• Average Buyers/Day
• Average Sales Price/Day
• top platform for each platform
• conclusion

solana charts & analysis

optimism charts & analysis

Ethereum charts & analysis

flow charts & analysis

Compare & contrast the NFT market and ecosystem

observation

• In this section, we see the top platforms in each network based on the number of NFT sales.

• top platform in Ethereum chain is OPENSEA : 22 m sale NFT

• top platform in Solana chain is MAJIC EDEN V2 : 11 m sale NFT

• top platform in Flow chain is TOPSHOT MARKRET : 2.6 m sale NFT

• top platform in Optimism chain is QUIXOTIC : 71 k sale NFT

• OpenSea

  The world’s first and largest digital marketplace for crypto collectibles and non-fungible tokens (NFTs). Buy, sell, and discover exclusive digital items.

observation

• Total and Cumulative Daily Sales number

• As can be seen in the charts above, the number of buyers and sellers is close to each other on a daily basis, both in the bar chart and as a percentage in all networks. The largest number of sellers and buyers is related to Ethereum, followed by Solana. In the last 6 months, this trend has been stable and somewhat increasing.

• The area chart illustrates the cumulative number of NFT purchasers on the Flow, Ethereum, and Solana chains. All chains' cumulative NFT purchasers are increasing, although Ethereum has a bigger proportion of NFT buyers compared to the Flow and Solana networks. This evidence reveals that the growth rate of NFT buyers is growing across all chains, with Ethereum exhibiting the greatest growth rate. In the near future, adoptions of NFT marketplace will increase across all chains.

observation

Total and Cumulative Daily Sales Volume & Sales number

• As you can see, in terms of the number of NFT sales on a daily basis in the last 6 months, we have seen an increase in the number of NFT sales.
• In terms of the number of sales, Solana is almost equal to Ethereum.
• However, over time, we see Solana overtaking Ethereum. Since September 7th, we have seen a significant increase in NFT sales in Solana, which has almost quadrupled. The highest sales on September 7th was about 260 thousand NFTs.
• The Volume on Ethereum is far from Solana and Flow and optimism. It is normal because NFTs started on Ethereum and expensive collections live there.
• Flow's highest sales volume was 1.5M US dollars on sep 12th. Ethereum's highest sales volume was about 553M USD on may 1th, and Solana's Highest sales volume was 18M US dollars on May 24th. Optimism's highest sales volume was 127K USD dollars on jun 1th.

observation

• As can be seen in the graphs above, the sales trend of NFT in the Solana network has been a positive and increasing trend in the last 6 months. In all the graphs, we see a relative increase, except for the average selling price of NFT, which Time has decreased in the last 6 months.
• In the last week, we have seen a multiple growth of NFT sales, which indicates the return of good days for NFT. The highest volume of sales is related to September 7 was 369K SOL . But in terms of dollars Solana's Highest sales volume was 18M US dollars on May 24th.
• in the last 6 month :

Total Sales = 10M sale Total Buyers =462K user total Sellers = 568K user Avg Price = 1.95 sol

Total Volume = 19.7M sol

What is Solana?

Solana is a blockchain platform designed to host decentralized, scalable applications. Founded in 2017, Solana is an open-source project currently run by Solana Foundation based in Geneva, while the blockchain was built by San Francisco-based Solana Labs.1 Solana is much faster in terms of the number of transactions it can process and has significantly lower transaction fees compared to rival blockchains like Ethereum.

observation

• Regarding the sale of NFT in the Optimism network, the highest number and volume of sales were from the end of April to the end of June.
• But the highest average NFT price was in early April, actually at the beginning of Optimism network launch. Currently, NFT sales are not booming in the Optimism network.
• Optimism's highest sales volume was 127K USD dollars on jun 1th.
• in the last 6 month :

Total Sales = 58K sale Total Buyers =20K user total Sellers = 6K user Avg Price = 31.1 USD

Total Volume = 1.8M USD

What Is Optimism?

Optimism is a layer-two blockchain for Ethereum using optimistic rollups as scaling technology. It is one of Ethereum’s biggest scaling solutions with over $250 million in TVL at the time of writing. Optimistic rollups outsource the execution of transactions to a L2 solution like Optimism. The transactions on Optimism are rolled up into batches that get relayed to the Ethereum mainnet, which only records the new chain state. Since their validity is assumed, the rollups are called optimistic. A rollup's validity can be challenged for up to seven days, which is why withdrawals from Optimism to Ethereum take seven days. The upside to Optimism’s solution is significantly lower gas costs on the L2 and a decrease in gas fees on Ethereum in the long run. Since the Ethereum mainnet will have to record less transaction data, one of Optimism’s externalities is a less clogged Ethereum. Moreover, Optimism operates with the same EVM-compatible smart contracts as Ethereum and is secured by the Ethereum mainnet, providing an ideal solution for new DApps to build on.

observation

• Ethereum is the largest and oldest NFT sales network. In the past 6 months, we have seen a steady trend of NFT sales on the Ethereum network.

• In terms of the number of sales, we did not have a particular increase, this sudden increase was only on the volume of sales.

• Ethereum's highest sales volume was about 553M USD on may 1th,

• in the last 6 month

• Total Sales = 9.5M sale Total Buyers =930K user total Sellers = 820K user Avg Price = 1400 USD

  Total Volume = 18.4B USD

What is Ethereum?

Ethereum is a blockchain-based software platform that is primarily used to support the world’s second-largest cryptocurrency by market capitalization after Bitcoin. Like other cryptocurrencies, Ethereum can be used for sending and receiving value globally and without a third party watching or stepping in unexpectedly.

To learn more about Ethereum click here

observation

• In the case of Flow network, in the last 6 months, we have almost seen a decrease in the volume and number of sales and the number of NFT buyers. The average price of NFT has decreased in terms of dollars and increased in terms of TokenFlow, which is due to the decrease in the price of Flow token.
• Flow's highest sales volume was 1.5M US dollars on sep 12th
• in the last 6 month :

Total Sales = 3.8M sale Total Buyers =105K user total Sellers = 116K user Avg Price = 24.8 Flow

Total Volume = 89M Flow

What is Flow?

Flow is a blockchain designed to function with high scalability without using sharding techniques. With this, users on the blockchain can carry out cheap and fast transactions. The blockchain was designed explicitly for dApps that need a very high scaling like NFT platforms. Crypto play to earn games have also tapped into the usage of the blockchain, providing its users with a swift gaming experience. Dapper Labs created the blockchain after a few issues surrounding congestion on its previous blockchain, Ethereum. The blockchain now hosts an array of crypto games, including the NBA Top Shot, a game that its parent company developed. Developers who intend to create dApps can also tap the blockchain due to its high scalability and swift performance

contact data:

discord : aor67#3352

twitter :amir 1367

THANKS >>

conclusion

• Ethereum is always the largest and oldest NFT network. In terms of the number and volume of sales, as well as in terms of the number of users, Ethereum was always in the first place.

• The next rank is related to the Solana network, which has made significant progress over time, in fact, it is not only ranked second among these four networks, but also ranks second overall.

• Personally, I have more interest and hope for the NFT series on the Solana network than for Ethereum.

• In the case of the Flow network, there is a general decline and it is not very competitive with the two above networks.

• Regarding the Optimis network, it should be said that at present, buying and selling on this network has decreased significantly, and it should be seen how the conditions will be with the changes that Ethereum makes in its second layer.

• In terms of platform, Opensea is in the first place in terms of the number and volume of NFT sales in all networks and platforms.

• As you can see, the details of each section are fully explained at the end of the same section.

Thank you for your time :grinning:

Error flipside table

As we can see, on September 13th, we have a sharp increase in the volume of NFT sales, which is due to an error in the flipside data. The cause of the error is shown in the table and photo below .

After I figured out the cause of the error, I calculated the end of the date to September 11.