NEAR Tournament Round 1: The Arts District

    What Will You Read?

    • In this Analysis, You will read about NFTS on Near chain. We want to know what exactly happen in NFT world on Near. There isn’t much news and data for Near NFTS.

    What is Near?

    NEAR Protocol is a decentralized application (dApp) platform and Ethereum competitor that focuses on developer and user-friendliness. Its native NEAR tokens are used to pay for transaction fees and storage on the Near crypto platform.

    ** \n Analyzed By Hess - Reading Time Almost 8 Min**

    Method

    We don’t have an exact table for NFTs on Near. So finding the right answer is a little bit challenging, and I don’t know exactly which is the correct answer. But I did my best.

    • In order to find Buyers and sellers and total mints, I used flipside_prod_db.mdao_near.receipts table. I extracted the log message with flatten function and looked for the NFT word in the message. Again joined with flipside_prod_db.mdao_near.actions_events_function_call table and looked for nft world in method name. I counted the tx receiver and signer as a buyer and sellers. Also, I Counted the Txn hash for the number of sales.

    • It’s not finished yet. For finding sales amount, I used flipside_prod_db.mdao_near.actions_events_function_call and extracted ((parse_json(args)):price) as price. change my finding to actual number with price/pow(10,24)). So I have almost sales amount. There were some unusual numbers, so I eliminated them from my chart.

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    Daily Sales Per Marketplace

    • Market.mintbase1.near and Marketplace.pars.near has the highest sales activities.
    • There is some marketplace with fewer transactions that we can barely see in the chart.
    • The highest number of sales in one marketplace happened on February 17th with 350 sales on Marketplace.paras.near.

    Share of Marketplace

    • 62% of sales happened on Marketplace.paras.near

      and

      36% of sales occurred on Market.minbase1.near.

    • These are the biggest marketplaces in Near.

    Sales Amount

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    • There have been two big sales since February 1st. One happened on April 21st, and the other happened on July 2nd with almost the same amounts, which were 10M.
    • Also, there were two days that the total amount of sales reached 1M. One on March 11th and the other one on May 11th.
    • In total, the total sales amount didn’t change too much since February 1st.
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    Near NFTs overview

    • Almost 49K nft minted on Near chain.
    • I found 73K sales since January 2022.
    • There were 488 Buyers and 8.4K sellers on the Near chain since January 1st.

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    Total Number of sales

    • There are some ups and downs in chart.
    • From March until June, in some days the highest number of sales happened.
    • About 2390 sales happened on March 13th, 2022.
    • After May, Almost the spike of sales decreased.
    • The Cumulative sales is about 73K.
    • I don’t see Any growth after June in Near chain.

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    Total Daily Buyers

    • The number of unique buyers has increased since January 1st.
    • We can not see a huge number of buyers in this chart.
    • The cumulative Buyers are 5K.

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    Total Daily Sellers

    • Like the total number of sales, The number of sellers increased sometimes.
    • The highest number of sellers occurred from March until June.
    • The highest number of sellers is around 611.
    • After June, the total number of sellers decreased.

    Near Daily Metrics

    Conclusion

    • There aren’t the right numbers for all marketplace in near. So what I found is approximately right.
    • This analysis shows there was more unique seller than unique buyers in Near.
    • It shows there were a few buyers that handled all transactions.
    • March until June was the best month for near NFT sales activities.
    • Most transactions went through two marketplaces.
    • There were some unusual numbers in sales amount. I eliminated all of them. I don’t know exactly what was those numbers but according to this sales chart, We can not see a huge sales amount thrught near the chain.

    Favorite NFT on Near

    I don’t know why I can not upload an image.

    My favorite NFT on the Near chain is HipHopHead

    What is Hip-hop head NFT?

    The Hip Hop Heads First Edition NFT Collection is a tribute to the history and culture of hip hop, 47 years after its inception in the Bronx, New York City. The collection features 103 animated portraits of famous figures from Hip Hop created by André LeRoy Davis for “The Last Word” feature of The Source over the last few decades.

    I CAN NOT UPLOAD IMAGE FOR MY ANALYSIS.

    THANK YOU FOR READING!

    ALL CODES AND CONTENTS WRITTEN BY HESS

    Twitter_id: hessaminanloo

    Discord: hess#0890

    ENS: he3am.eth

    NO IMAGE

    THE END