Flow Bounties_NFT Wallet Behavior Comparison

    Create a series of dashboards comparing wallet behavior for buying and selling NFTs on Flow compared to Ethereum and Solana. Is there more or less "whale" activity on Flow compared to each of the other chains? What do "whales" tend to focus on in Flow? How common is "flipping" on Flow (selling within 24 hrs, within a week etc) compared to other chains, or do wallets tend to hold onto their NFTs? Are wallets more interested in new projects, or already existing projects on Flow?

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    Method

    • I used NFT tables in each blockchain (Flow, Solana, Ethereum) for basic metrics like buyer and sales volume & Number.
    • Beginning on May 9th, the Flow NFT began generating real data. Since May 9th was the beginning of the month, I analyzed all blockchains until today.
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    As you can see in the chart above :

    • The FLOW blockchain has acceptable performance in number of sales specially on May 26th.
    • The number of unique buyers for Ethereum is more than other two but for FLOW blockchain it could be compared to Solana in some dates.
    • In terms of unique buyers, Ethereum is growing the fastest compared to Solana and Flow, as shown in the cumulative data.
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    "whale" activity

    • The activity of whales on FLOW blockchain is more than other two. In my opinion its because of the valuable collections that take place on FLOW NFT projects.

    • The cumulative growth of whales activity on each blockchains are shown in the above chart, it indicate that the growth on Flow are sharpen than others.

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    • In the Ethereum Network, the majority of the most expensive NFTs and the most affluent whales may be found. The daily volume in USD of three blockchains is shown in the above graph. First and foremost is Ethereum. deference between Ethereum chain and others are too much and very significant.
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    As you can see whales have very interest in Top Shot Collection.

    Duration of holding NFT

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    The hold time of NFTs on FLOW and Ethereum displayed in the above chart.

    • The dominate period of holding NFTs on FLOW is between 1 week to 1 month.
    • On Ethereum, 63.4% of users hold NFTs more than 1 month, while in Flow is 13.6%.
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    98.7% of Flow users bought NFTs from existing collections and less than 1.3% have bought new collections.