NFT Wallet Behavior Comparison

    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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    Methodology

    In this dashboard, first, I will show the number of NFT sales on daily basis and compare them between Flow, Ethereum, and Solana blockchains.

    Then in the next section, I will show the cumulative number of unique buyers among these blockchains.

    The third section of the dashboard belongs to Comparing the distribution of users based on the number of NFTs they bought.

    As we see, Solana nft sales dominate other blockchains in number of sales transactions most of the days.

    Number of sales on flow goes on a downward trend and became lower and lower over time.

    Number of Ethereum’s sale transactions has correlation with Solana blockchain but a bit lower.

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    As we see, the number of unique buyers on Ethereum has the greatest number and they are over 1.9M users.

    Solana users are in rank 2 with over 1.2M users.

    Flow unique buyers follows them with over 530k unique users.

    Conclusion

    • Solana NFT sales dominate other blockchains in the number of sales transactions most of the days.
    • The number of sales on flow goes on a downward trend and became lower and lower over time.
    • The number of Ethereum’s sale transactions has a correlation with the Solana blockchain but is a bit lower.
    • The number of unique buyers on Ethereum has the greatest number and they are over 1.9M users.
    • Solana users are in rank 2 with over 1.2M users.
    • Flow unique buyers follows them with over 530k unique users.
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    Flow → Distribution of users

    As we see, most of the users bought below 10 NFTs. We call them simple users.

    They are over 66k unique users.

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