Introduction

• In this Analysis, You will read about one of the most popular NFT collections on the Optimism chain, Early Optimists belong to Quix Marketplace. I went through this collection and analyzed these parameters:
• Sales/Buyers/Sellers
• Total sales volume
• Min/Max/Median/Average NFT price
• Floor price
• Buyers/Sellers breakdown
• Top Profitable Users
• Top Losers

Analyzed by Hess - Reading Time Almost 8 Min

Method

• We have an NFT sales table in Optimism tables. From Quix Marketplace, I found Early Optimists collections. From the collection page, I clicked on the Optimism Scan button. From the Optimism scan page, I found the NFT collection contract address which is: 0x0110Bb5739a6F82eafc748418e572Fc67d854a0F.

• I used My findings in the NFT sales table. Now I have all mentioned parameters.

Full Analysis

Sales Volume and Price

• Since August 31, The total sales volume is 1M US dollars. The average price of NFT is 53$. Between September 12 and September 22, In 10 days, The average NFT price increased to 300-500 US dollars. But after that time, The average price dropped to 20 US dollars. The Price growth percentage in September was nearly 5000%.

• Users can make an offer to buy an NFT with a lower price from the listing. In order to do that, Users need WETH. All sales that recorded with WETH is an offer sales. 98.8% of sales were the price of the Listing and only 1.2% of sales were lower than the listing price.

Floor Price

• Based on the Total number of sales, Most NFTs sold with a price between 15-20 US dollars. The second large NFT sold with a price between 1-10$ US dollars.

• Based on Volume, most NFTs are sold at price above 50$ US dollars. The second large number of NFTs sold with the price of 30-40$.

Users Breakdown

• The large group of buyers and sellers bought and sold Only 1 NFT. The NFT price of this group of users is between 15 and 20 US Dollars. The Buyer’s and seller’s activities were similar to each other. I can see 5 unique buyers bought more than 50 Early Optimistis NFTs.

Profitable Users Vs. Losers

• As I mentioned before, This collection doesn’t have different unique NFTs. All are the same and trended because it’s for Quix early users. When a collection attracts so many users, NFT traders come in and start to trade NFTs. Not all of them are successful. As you can see, A user gained nearly 18K US dollars from buying and selling NFTs from this collection. This user Bought 18.4k US dollars from this collection and sold them 36.9K US dollars. The second top profitable user has a huge difference from the top 1. This user gained 5.225 US dollars. However, There were users that lose their Money. The top loser loss is 7.5K US dollars. Other losses are between 1K and 3K US dollars.

A Summary of The Most Important Findings

• Early Optimists has 15.4K Unique Buyers and 15.6K Unique Sellers. These users traded 8.7K unique NFT of Early Optimists collection in 18.7K transactions.
• The total sales volume is 1M US dollars and the average price of Early Optimists NFTs is 53 US dollars.
• The total Creator Fee is 43K US dollars and the Platform Fee is 26K US dollars.
• The median NFT price is 17$, Min Price 0.13$, and the Max price is 1990 US dollars.
• 98.8% of sales were direct sales and only 1.2% of sales happened by Offers.
• The highest number of sales belongs to NFTs with 15-20$ price and the highest volume belongs to NFTs with above 50 US dollars price.
• The large group of buyers and sellers bought and sold only one NFT.
• The most profitable user gained 18K US dollars and the top loser lose 7.5K US dollars.

Early Optimists Sales

• Since August 31, the total number of Early Optimists sales is 18.7K. Users traded 8.7K unique NFTs from that collection. However, there isn’t any difference between NFTs. All are the same. The highest number of sales was recorded on September 1 with 2101 transactions. After that time, The total number of sales decreased until September 19. Again after that time, The total number of sales increased up to 1.4K daily. Recently, The average number of sales per day is around 200-220.

What are Early Optimists?

Quix marketplace announced a Unique NFT collection for their early users.

The first 36K traders on Quix minted for Free. Because of Airdrop rumors, This collection become popular among users that miss the Mint or weren’t on whitelist.

What is QUIX?

Quix is the largest NFT marketplace on Optimism, a layer 2 scaling solution for Ethereum. With an average transaction fee of just 0.0001 ETH ($0.15), Quixotic has already saved users an estimated $4 million in gas fees to date. Ultra-secure and lightning-fast, Quix inherits all of the safety of mainnet Ethereum while executing transactions for a fraction of the cost.

• The daily share of buyers and sellers shows that almost a number of buyers and sellers are similar to each other. Only between September 10 and September 13, The share of sellers increased up to 70%. Early Optimists collection has 15.4K Unique buyers and 15.6K unique sellers.

• Platforms and Creators earned from selling Early Optimists collection. Creator earned 48K US dollars and Platform earned 26K US dollars. The highest earning for creator was on September 1 with 13K and the highest earning for platform happened on September 20. The creator and platform of this collection is Quix.

• The highest price of NFT recorded as an ATH for Early Optimists is 1990 US dollars. The lowest price was 0.13 US dollars. The median price is 17.9 US dollars.
• Over time the median price increased almost 2x. The median price was 17-18 in September but in October reached to 35 US dollars.

Crossovers

• I examined Early Optimists buyer’s activities and found Most of them bought only one other collection. Nearly 23 Unique buyers of Early Optimists bought 10 Collections.
• Also, I examined Crossovers with Early and found out Project Galaxy collection has the highest number of common buyers. After the Mirror and Other collection of Quix, Optimistic Explorer, had the highest number of mutual buyers.

Conclusion

• NFTs are new to the Optimism chain But in a short time, A lot of collections break Optimism chain records. One of them Is Early Optimists. This NFT dosn’’t has unique NFTs. All are the same and because of Quix Airdrop, So many users trading this collection. It is true that the average NFT price is not high but the sales volume is interesting. With this NFT collection, Quix attracts so many unique users. Also, About 70K US dollars were gained from Platform and Creator Fees.

THANK YOU FOR READING!

ALL CODES AND CONTENTS WERE WRITTEN BY HESS.

:bird: Twitter: @hessaminanloo

:flying_disc: Discord: hess#0890

:calendar: Analyze Date: 2022/NOV/03