Team#12-Mini Project 2-BAYC Analysis copy

    Bored Ape Yacht Club, often colloquially called Bored Apes, Bored Ape or BAYC, is a non-fungible token (NFT) collection built on the Ethereum blockchain. The collection features profile pictures of cartoon apes that are procedurally generated by an algorithm. The parent company of Bored Ape Yacht Club is Yuga Labs.The project launched in April 2021.Owners of a Bored Ape NFT are granted access to a private online club, exclusive in-person events, and intellectual property rights for the image.

    Loading...
    Loading...
    Loading...
    Loading...
    Loading...
    Business Analysis of BoredApeYachtClub NFT Sales

    The BoredApeYachtClub NFTs, with 46,913 transactions and an average price of $78,275, indicate a highly active and valuable market. This data suggests strong demand and a premium position, guiding investment and pricing strategies in the high-end NFT segment.

    db_img

    The dashboard we've constructed serves as a strategic tool to observe and analyze the 'Bored' NFT collection. Through targeted queries, we assess the collection's market performance and collector engagement. Our aim is to glean actionable insights that could guide investment strategies, identify market trends, and refine engagement approaches within the BAYC community. Each query is a piece of the larger puzzle, contributing to a holistic understanding of the BAYC's position in the broader NFT marketplace.

    This SQL query targets the demand side of the BoredApeYachtClub NFT market by pinpointing the most prominent buyers. It calculates and ranks buyers based on the total number of their purchases and their cumulative spending in USD, focusing on transactions above $500. This approach offers a clear view of which buyers are most invested in the project, providing vital insights into market demand and collector behavior. The resulting data is crucial for understanding who the key market players are, their purchasing patterns, and the overall financial commitment of these buyers to the BoredApeYachtClub NFTs. For businesses and investors, this analysis is instrumental in assessing market health, identifying potential partnership opportunities, and tailoring marketing strategies to engage with these top buyers effectively. It's a valuable tool for gauging the market's vibrancy and for strategic decision-making in the dynamic NFT marketplace.

    Buyer Analysis
    Top Sellers of BAYC NFT
    Average Price Over time for BAYC NFT
    Price Distribution/Price Range and Trends in BoredApeYachtClub NFT Sales

    This SQL query provides a focused look at the most active sellers in the BoredApeYachtClub NFT market, listing Ethereum addresses that have the highest number of sales ('num_sales') and the greatest earnings ('total_usd'). The query ranks sellers based on their sales volume, offering insights into who is dominating the market in terms of transaction frequency and revenue generation. This information is critical for understanding market dynamics, such as which addresses are the most influential in selling 'Bored' NFTs and who is profiting the most from these sales. Businesses and investors can leverage this data for strategic decision-making, network building, and market trend analysis. It also aids in assessing market risks and ensures transparency in understanding how sales and earnings are distributed among top sellers in this high-value NFT segment.

    This SQL query delves into the BoredApeYachtClub NFT market, focusing on analyzing the range and frequency of sale prices over $100. It segments the sales data by each unique price point, offering a clear view of the commonality and distribution of sale prices. This analysis is crucial for understanding which price ranges are most prevalent in the market, thereby assisting businesses and investors in identifying the most commercially successful pricing brackets. Additionally, this query sets the foundation for examining the trend of average sale prices over time. By doing so, it provides a dynamic perspective on how the market value of 'Bored' NFTs is evolving, enabling stakeholders to track market trends, adjust pricing strategies accordingly, and make informed decisions based on the trajectory of average sale prices. This combined analysis of price range commonality and time-based price trends is invaluable for strategic planning, market positioning, and financial forecasting in the vibrant NFT marketplace.

    This SQL query analyzes the daily average sale prices of BoredApeYachtClub NFTs, providing essential insights for trend analysis and market dynamics. It's valuable for investors and sellers to make informed decisions, adjust pricing strategies, and understand market responses to external events. Additionally, it aids in performance benchmarking against other NFT projects and is crucial for financial forecasting in the NFT market.